963 Lorraine Avenue

Local assessors in Union, NJ have categorized 963 Lorraine Avenue as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 7,575 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 541 ft. This is a 2 story home so residents will need to have climb at least one set of 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. 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, 963 Lorraine Avenue sold most recently in May 22, 2001 for a total of $152,000. Before that, the property was also sold for $127,000 in Nov 14, 2000. 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 $8,581 in taxes each year. 963 Lorraine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,600. If we break it down further, the land itself was valued at $20,900. Improvements to the property, however, were assessed at a total of $18,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.