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886 Prospect Street

886 Prospect Street, Union, NJ 07083
Property in Union
Sold Oct 24, 2011
$259,000
$252,434 by American Financial Resources I
Mortgage Due Nov 01, 2041
Local assessors in Union, NJ have categorized 886 Prospect Street as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 7,875 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 630 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 886 Prospect Street was last sold in Oct 4, 2011 for $259,000. Current property owners are expected to pay $9,751 in taxes per year. The property on 886 Prospect Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,000. To break that down further, the land itself was valued at $20,000. While improvements to the property were assessed at a total of $25,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 630
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SPAIN MICHAEL
  • Current Owner 2: SPAIN YASMIN A
  • Previous Owner : BERGER ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union Township School District
  • Census Tract: 033501

Geography

  • District: 19
  • Parcel: 19 00803-0000-00024
  • Block: 803
  • Lot: 24
  • Municipality: UNION TWP
  • Latitude: 40.6729
  • Longitude: -74.2611

    Address

  • Full Address: 886 Prospect St
  • Address - House Number: 886
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Union
  • Carrier Code: C031
  • 4-Digit Zip Code: 7959
  • Zip Code: 07083

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,751

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 522,426
  • High Value: 635,443
  • Low Value: 409,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,434
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: Oct 24, 2011
  • First Open Lien Mortgage Loan Amount: $252,434
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $45,000
  • Market Land Value: $20,000
  • Market Improvement Value: $25,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Oct 04, 2011
  • Current Sale Recording Date: Oct 24, 2011
  • Current Sale Transaction ID: 1119882297
  • Current Sale Price: $259,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 227681

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Oct 24, 2011
  • First Mortgage Loan Amount: $252,434
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2041

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Frequently Asked Questions

What neighborhood is 886 Prospect Street located in?
The 886 Prospect Street is a located in the neighborhood of Union in Union, Union.
What is the average sales price for listings in 886 Prospect Street?
The average sales price for units in 886 Prospect Street is $0 currently.

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