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881 Park Avenue

881 Park Avenue, Bound Brook, NJ 08805
Property in Somerset
Sold Mar 08, 2001
$185,000
$120,000 by Ing Bank Fsb
Mortgage Due Oct 01, 2042
881 Park Avenue has been categorized by the local assessors in Bound Brook, NJ as a residential type of property. The building on the property was first built in 1971 and is 53 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 881 Park Avenue has 1,219 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,830 ft and across the front of the lot is 1,060 ft. The area measurement of the land has been determined as 19,398 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Feb 28, 2001 for $185,000. That's $151.76 per sqft. 881 Park Avenue was last assessed in 2023. The total value of the property was assessed at $373,400. Specifically, the land the property is located on was valued at $168,900. While improvements on the property were assessed at a total of $204,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,494. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 19,398
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,219
  • Building Area: 1,219
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,219
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.445
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHURCHWELL JEREMY
  • Current Owner 2: CHURCHWELL KRISTIE
  • Previous Owner : BRINKEROFF GENEVIEVE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050902

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 93.1
  • Account Number: B001
  • District: 06
  • Parcel: 06 00371-0000-00025
  • Block: 371
  • Lot: 25
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5789
  • Longitude: -74.5242

    Address

  • Full Address: 881 Park Ave
  • Address - House Number: 881
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bound Brook
  • Carrier Code: C002
  • 4-Digit Zip Code: 1510
  • Zip Code: 08805

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,494

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 440,461
  • High Value: 500,957
  • Low Value: 379,964

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: ING BANK FSB
  • First Open Lien Mortgage Recording Date: Nov 30, 2012
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Mar 02, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 20, 2046

    Market Valuation

  • Market Total Value: $385,226
  • Market Land Value: $174,249
  • Market Improvement Value: $210,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,400
  • Assessed Land Value: $168,900
  • Assessed Improvements Value: $204,500

    Sales

  • Current Sale Contract Date: Feb 28, 2001
  • Current Sale Recording Date: Mar 08, 2001
  • Current Sale Transaction ID: 1120664081
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOVEREIGN BANK
  • First Mortgage Transaction Date: Mar 08, 2001
  • First Mortgage Loan Amount: $148,000
  • First Mortgage Terms: 360

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 881 Park Avenue located in?
The 881 Park Avenue is a located in the neighborhood of Somerset in Martinsville, Bound Brook.
What is the average sales price for listings in 881 Park Avenue?
The average sales price for units in 881 Park Avenue is $0 currently.

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