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88 McKay Avenue

88 McKay Avenue, East Orange, NJ 07018
Property in Essex
Sold Dec 07, 1998
$69,000
$337,500 by Generation Mortgage Co
Mortgage
88 McKay Avenue in East Orange, NJ was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. 88 McKay Avenue has 1,292 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 330 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 3,563 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 88 McKay Avenue sold most recently in Jul 22, 1998 for a total of $69,000. If you work out the math, that's approximately a cost of $53.41 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,140 in taxes each year. 88 McKay Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $254,300. If we break it down further, the land itself was valued at $79,300. Improvements to the property, however, were assessed at a total of $175,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,563
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,292
  • Building Area: 1,292
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,292
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FULLER WILLIE
  • Current Owner 2: FULLER SHARON
  • Previous Owner : FULLER CLARENCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Orange City School District
  • Census Tract: 011400

Geography

  • Assessors Map Reference: TAX MAP 3-1
  • Account Number: 00713295
  • District: 05
  • Parcel: 05 00781-0000-00032- 02
  • Block: 781
  • Lot: 32.02
  • Municipality: EAST ORANGE CITY
  • Latitude: 40.753
  • Longitude: -74.2337

    Address

  • Full Address: 88 Mckay Ave
  • Address - House Number: 88
  • Address - Street Name: Mckay
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: East Orange
  • Carrier Code: C009
  • 4-Digit Zip Code: 1004
  • Zip Code: 07018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,140

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 354,082
  • High Value: 430,023
  • Low Value: 278,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,500
  • First Open Lien Mortgage Lender: GENERATION MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 10, 2011
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $337,500
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $254,300
  • Market Land Value: $79,300
  • Market Improvement Value: $175,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $254,300
  • Assessed Land Value: $79,300
  • Assessed Improvements Value: $175,000

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 1998
  • Current Sale Recording Date: Dec 07, 1998
  • Current Sale Transaction ID: 1191846833
  • Current Sale Price: $69,000
  • Current Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 88 McKay Avenue located in?
The 88 McKay Avenue is a located in the neighborhood of Essex in East Orange, East Orange.
What is the average sales price for listings in 88 McKay Avenue?
The average sales price for units in 88 McKay Avenue is $0 currently.

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