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111 North Michigan Avenue

111 North Michigan Avenue, Kenilworth, NJ 07033
Property in Union
Local assessors in Kenilworth, NJ have categorized 111 North Michigan Avenue as a industrial type of property. The property's lot size has been calculated to be 51,444 square feet. 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.

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 concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. 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, 111 North Michigan Avenue sold most recently in Aug 5, 2021 for a total of $2,700,000. Before that, the property was also sold for $138,500 in Apr 20, 1999. 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 $36,142 in taxes each year. 111 North Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $629,100. If we break it down further, the land itself was valued at $402,300. Improvements to the property, however, were assessed at a total of $226,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 51,444
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Land Acres: 1.181
  • Standard Land Use Code: Industrial (general)

Ownership

  • Current Owner : 111 NORTH MICHIGAN PARTNERS LLC
  • Previous Owner : THS PROPERTIES LLC
  • Owner Before Previous Owner: SHINN BARBARA
  • Owner Before Previous Owner 2: SHINN BARBARA ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kenilworth Borough School District
  • Census Tract: 033600

Geography

  • District: 08
  • Parcel: 08 00183-0000-00001- 01
  • Block: 183
  • Lot: 1.01
  • Municipality: KENILWORTH BORO
  • Latitude: 40.6792
  • Longitude: -74.2864

    Address

  • Full Address: 111 N Michigan Ave
  • Address - House Number: 111
  • Street Direction: N
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Kenilworth
  • Carrier Code: C009
  • 4-Digit Zip Code: 1269
  • Zip Code: 07033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,750,000
  • First Open Lien Mortgage Lender: VAST BANK NA
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $629,100
  • Market Land Value: $402,300
  • Market Improvement Value: $226,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $629,100
  • Assessed Land Value: $402,300
  • Assessed Improvements Value: $226,800

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11859364703
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10039
  • Previous Sale Recording Date: Apr 21, 1999
  • Previous Sale Contract Date: Apr 20, 1999
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAST BANK NA
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $1,750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Kenilworth



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Frequently Asked Questions

What neighborhood is 111 North Michigan Avenue located in?
The 111 North Michigan Avenue is a located in the neighborhood of Union in Kenilworth, Kenilworth.
What is the average sales price for listings in 111 North Michigan Avenue?
The average sales price for units in 111 North Michigan Avenue is $0 currently.

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