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197 Grafton Avenue

197 Grafton Avenue, Newark, NJ 07104
Property in Forest Hill
197 Grafton Avenue in Newark, NJ was first built in 1910 and is 114 years old. This has been categorized as a commercial property type. There are a total of 3 floors. 197 Grafton Avenue has 2,346 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 410 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,099 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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, 197 Grafton Avenue was last sold in Nov 12, 2020 for $481,000. According to our calculations, that's $205.03 per sqft. Current property owners are expected to pay $13,117 in taxes per year. The property on 197 Grafton Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $351,100. To break that down further, the land itself was valued at $27,900. While improvements to the property were assessed at a total of $323,200. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,099
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,346
  • Gross Building Area: 2,346
  • Building Area: 2,346
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,346
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.094
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : BRITO WASHINGTON I ZUNIGA
  • Previous Owner : DEOLEO CARLOS J
  • Previous Owner 2: JIMENEZ NANCY

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 009500

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 14
  • Parcel: 14 00779-0000-00059
  • Block: 779
  • Lot: 59
  • Municipality: NEWARK CITY
  • Latitude: 40.7779
  • Longitude: -74.1653

    Address

  • Full Address: 197 Grafton Ave
  • Address - House Number: 197
  • Address - Street Name: Grafton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newark
  • Carrier Code: C038
  • 4-Digit Zip Code: 3236
  • Zip Code: 07104

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $464,946
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $464,946
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $351,100
  • Market Land Value: $27,900
  • Market Improvement Value: $323,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $351,100
  • Assessed Land Value: $27,900
  • Assessed Improvements Value: $323,200

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11814548835
  • Current Sale Price: $481,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020123969

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $464,946
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 197 Grafton Avenue located in?
The 197 Grafton Avenue is a located in the neighborhood of Forest Hill in Forest Hill, Newark.
What is the average sales price for listings in 197 Grafton Avenue?
The average sales price for units in 197 Grafton Avenue is $0 currently.

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