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431 Mercer Avenue

431 Mercer Avenue, Roselle, NJ 07203
Property in Union
Sold Jul 13, 2018
$255,000
$203,000 by Cardinal Financial Company
Mortgage Due Dec 01, 2051
Sold Oct 06, 2017
$105,000
Seller
$137,368 by American Neighborhood Mtg Acce
Mortgage Due Sep 01, 2047
431 Mercer Avenue in Roselle, NJ was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. 431 Mercer Avenue has 1,640 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 375 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 5,249 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. 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, 431 Mercer Avenue sold most recently in Jun 25, 2018 for a total of $255,000. If you work out the math, that's approximately a cost of $155.49 per sqft. Before that, the property was also sold for $105,000 in Apr 3, 2017. 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 $12,826 in taxes each year. 431 Mercer Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,300. If we break it down further, the land itself was valued at $54,600. Improvements to the property, however, were assessed at a total of $96,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

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
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 375
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: DEED 302233.

Ownership

  • Current Owner : ACERO LINA IZQUIERDO
  • Previous Owner : NARVAEZ JASON
  • Owner Before Previous Owner: FV I INC

Neighborhood

  • School District Name: Roselle Borough School District
  • Census Tract: 034100

Zoning

  • Zoning: RA

Geography

  • Account Number: 6432
  • District: 14
  • Parcel: 14 00806-0000-00016
  • Block: 806
  • Lot: 16
  • Municipality: ROSELLE BORO
  • Latitude: 40.6583
  • Longitude: -74.2528

    Address

  • Full Address: 431 Mercer Ave
  • Address - House Number: 431
  • Address - Street Name: Mercer
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Roselle
  • Carrier Code: C029
  • 4-Digit Zip Code: 1442
  • Zip Code: 07203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,826

    Appraisal Valuation

  • Standard Deviation: 0.246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 531,958
  • High Value: 662,865
  • Low Value: 401,051

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Loan Amount: $203,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $151,300
  • Market Land Value: $54,600
  • Market Improvement Value: $96,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,300
  • Assessed Land Value: $54,600
  • Assessed Improvements Value: $96,700

    Sales

  • Current Sale Contract Date: Jun 25, 2018
  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Transaction ID: 11482648886
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 302233
  • Previous Sale Recording Date: Oct 06, 2017
  • Previous Sale Contract Date: Apr 03, 2017
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RECOVCO MORTGAGE MANAGEMENT LL
  • First Mortgage Transaction Date: Jul 13, 2018
  • First Mortgage Loan Amount: $191,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • Previous Mortgage Transaction Date: Oct 06, 2017
  • Previous Mortgage Loan Amount: $137,368
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Roselle



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Frequently Asked Questions

What neighborhood is 431 Mercer Avenue located in?
The 431 Mercer Avenue is a located in the neighborhood of Union in Roselle, Roselle.
What is the average sales price for listings in 431 Mercer Avenue?
The average sales price for units in 431 Mercer Avenue is $0 currently.

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