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16 Ocean Avenue

16 Ocean Avenue, Seaside Park, NJ 08752
House in Ocean
Sold Sep 21, 2020
$575,000
$460,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2050
Sold Dec 10, 2010
$8,093
Local assessors in Seaside Park, NJ have categorized 16 Ocean Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 768 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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. If we look only at the heated or air conditioned part of the building, then 16 Ocean Avenue has a total of 720 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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. The building has a gable style roof that was made of asphalt. The home has been utilizing gas for fuel. 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, 16 Ocean Avenue was last sold in Jul 28, 2020 for $575,000. According to our calculations, that's $798.61 per sqft. Prior to that sales transaction, the property was sold for $8,093 in Nov 1, 2010. Current property owners are expected to pay $13,093 in taxes per year. The property on 16 Ocean Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $575,000. To break that down further, the land itself was valued at $550,000. 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. 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.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.

Building Features

Exterior

Vinyl Siding

Parking

Assigned Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 768
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.017
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : WANG WEI
  • Current Owner 2: WANG QING
  • Previous Owner : MIDWAY WEST CO
  • Owner Before Previous Owner: FURINO RALPH V
  • Owner Before Previous Owner 2: FURINO DONNA

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 728000

Zoning

  • Zoning: RLR

Geography

  • Assessors Map Reference: TAX MAP 137
  • District: 06
  • Parcel: 06 01694-0000-00355-0000-C.355
  • Block: 1694
  • Lot: 355
  • Municipality: BERKELEY TWP
  • Latitude: 39.9122
  • Longitude: -74.0779

    Address

  • Full Address: 16 Ocean Ave
  • Address - House Number: 16
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Seaside Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 2221
  • Zip Code: 08752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,093

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 71
  • Final Value: 778,118
  • High Value: 942,708
  • Low Value: 613,528

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $575,000
  • Market Land Value: $550,000
  • Market Improvement Value: $25,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $575,000
  • Assessed Land Value: $550,000
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11788944529
  • Current Sale Price: $575,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020105358
  • Previous Sale Recording Date: Dec 10, 2010
  • Previous Sale Contract Date: Nov 01, 2010
  • Previous Sale Amount: $8,093
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Ocean



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Frequently Asked Questions

What neighborhood is 16 Ocean Avenue located in?
The 16 Ocean Avenue is a house located in the neighborhood of Ocean in Ocean, Seaside Park.
What is the average sales price for listings in 16 Ocean Avenue?
The average sales price for units in 16 Ocean Avenue is $0 currently.

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