Check Availability

92 1st Avenue

92 1st Avenue, Raritan, NJ 08869
Property in Somerset
Sold Sep 14, 2020
$360,000
$353,479 by Movement Mortgage
Mortgage Due Sep 01, 2050
Sold Feb 04, 2002
$155,000
$147,250 by Washington Mutual
Mortgage
92 1st Avenue in Raritan, NJ was first built in 1925 and is 99 years old. This has been categorized as a residential property type. There are a total of 2 floors. 92 1st Avenue has 1,500 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 400 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 5,480 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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. 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, 92 1st Avenue was last sold in Aug 28, 2020 for $360,000. According to our calculations, that's $240.00 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Feb 1, 2002. Current property owners are expected to pay $7,414 in taxes per year. The property on 92 1st Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $260,400. To break that down further, the land itself was valued at $119,000. While improvements to the property were assessed at a total of $141,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,480
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,500
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SUDZUS CYNTHIA
  • Previous Owner : BRENNAN MICHAEL
  • Previous Owner 2: BRENNAN MIRIAM
  • Owner Before Previous Owner: ORRICO DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050500

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 16
  • Parcel: 16 00039-0000-00003
  • Block: 39
  • Lot: 3
  • Municipality: RARITAN BORO
  • Latitude: 40.5726
  • Longitude: -74.6382

    Address

  • Full Address: 92 1st Ave
  • Address - House Number: 92
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Raritan
  • Carrier Code: C004
  • 4-Digit Zip Code: 1557
  • Zip Code: 08869

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,414

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 491,524
  • High Value: 592,315
  • Low Value: 390,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $353,479
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 14, 2020
  • First Open Lien Mortgage Loan Amount: $353,479
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $345,221
  • Market Land Value: $157,762
  • Market Improvement Value: $187,459

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,400
  • Assessed Land Value: $119,000
  • Assessed Improvements Value: $141,400

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11790451552
  • Current Sale Price: $360,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020042400
  • Previous Sale Recording Date: Feb 04, 2002
  • Previous Sale Contract Date: Feb 01, 2002
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $353,479
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL
  • Previous Mortgage Transaction Date: Feb 04, 2002
  • Previous Mortgage Loan Amount: $147,250
  • Previous Mortgage Term: 360

About Raritan



Similar Buildings

Property at 92 1st Avenue,

79 U.S. 206

  • 1 Unit for Sale
79 U.S. 206, Somerville, NJ 08876
Property at 92 1st Avenue,

18 Stapleton Court

  • 1 Unit for Sale
18 Stapleton Court, Bridgewater, NJ 08807

Nearby Rentals

Unit for rent at 109 W Summit St, Somerville Boro, NJ, 08876

$3,800 /mo

  • Studio
109 W Summit St, Somerville Boro, NJ, 08876 Listing by ANTHONY J. DI NARDI

Frequently Asked Questions

What neighborhood is 92 1st Avenue located in?
The 92 1st Avenue is a located in the neighborhood of Somerset in Raritan, Raritan.
What is the average sales price for listings in 92 1st Avenue?
The average sales price for units in 92 1st Avenue is $0 currently.

Quantcast