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101 Cornell Avenue

101 Cornell Avenue, Berkeley Heights, NJ 07922
Property in Union
Sold Nov 13, 2019
$1,055,000
$615,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2034
Sold Apr 03, 2019
$350,000
$550,000 by Two River Community Bank
Mortgage
101 Cornell Avenue in Berkeley Heights, NJ was first built in 1955 and is 69 years old. This has been categorized as a residential property type. There are a total of 2 floors. 101 Cornell Avenue has 3,384 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 1,000 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 19,994 square feet.

Learn more about the property and building on this page. 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. The property was last sold in Oct 23, 2019 for $1,055,000. That's $311.76 per sqft. Prior to that sales transaction, the property was also sold in Mar 28, 2019 for $350,000. 101 Cornell Avenue was last assessed in 2023. The total value of the property was assessed at $479,000. Specifically, the land the property is located on was valued at $157,500. While improvements on the property were assessed at a total of $321,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $20,238. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,384
  • Building Area: 3,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRATSON GREGORY
  • Current Owner 2: GRATSON ALEJANDRA
  • Previous Owner : LITTLE BEAR BUILDERS LLC
  • Owner Before Previous Owner: GOCELJAK GEORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berkeley Heights Township School District
  • Census Tract: 038202

Zoning

  • Zoning: R15

Geography

  • District: 01
  • Parcel: 01 01711-0000-00003
  • Block: 1711
  • Lot: 3
  • Municipality: BERKELEY HEIGHTS TWP
  • Latitude: 40.6704
  • Longitude: -74.445

    Address

  • Full Address: 101 Cornell Ave
  • Address - House Number: 101
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Berkeley Heights
  • Carrier Code: C008
  • 4-Digit Zip Code: 1904
  • Zip Code: 07922

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,238

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 1,230,438
  • High Value: 1,489,522
  • Low Value: 971,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $615,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Nov 13, 2019
  • First Open Lien Mortgage Loan Amount: $615,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2034

    Market Valuation

  • Market Total Value: $479,000
  • Market Land Value: $157,500
  • Market Improvement Value: $321,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,000
  • Assessed Land Value: $157,500
  • Assessed Improvements Value: $321,500

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Nov 13, 2019
  • Current Sale Transaction ID: 11679689595
  • Current Sale Price: $1,055,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 319132
  • Previous Sale Recording Date: Apr 03, 2019
  • Previous Sale Contract Date: Mar 28, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 13, 2019
  • First Mortgage Loan Amount: $615,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: TWO RIVER COMMUNITY BANK
  • Previous Mortgage Transaction Date: Apr 03, 2019
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Loan Type: Commercial

About Union



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Nearby Rentals

Unit for rent at 663 Springfield Ave, Berkeley Heights Twp., NJ, 07922

$3,900 /mo

  • 2 Beds
  • 2 Baths
663 Springfield Ave #53, Berkeley Heights Twp., NJ, 07922 Listing by SUSAN POWERS

Frequently Asked Questions

What neighborhood is 101 Cornell Avenue located in?
The 101 Cornell Avenue is a located in the neighborhood of Union in Union, Berkeley Heights.
What is the average sales price for listings in 101 Cornell Avenue?
The average sales price for units in 101 Cornell Avenue is $0 currently.

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