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1303 Bright Street

1303 Bright Street, Hillside, NJ 07205
Property in Union
Sold Sep 30, 2021
$225,000
$215,303 by New Jersey Lenders Corp
Mortgage Due Oct 01, 2051
Sold Mar 31, 2016
$59,000
1303 Bright Street has been categorized by the local assessors in Hillside, NJ as a residential type of property. The building on the property was first built in 1909 and is 115 years old. The building has a total of 2 stories. In addition, 1303 Bright Street has 895 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 850 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 2,378 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note 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, 1303 Bright Street sold most recently in Sep 15, 2021 for a total of $225,000. If you work out the math, that's approximately a cost of $251.40 per sqft. Before that, the property was also sold for $59,000 in Mar 21, 2016. 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 $5,793 in taxes each year. 1303 Bright Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $72,300. If we break it down further, the land itself was valued at $36,400. Improvements to the property, however, were assessed at a total of $35,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1909
  • Effective Year Built: 1909
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,378
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 280
  • Total Building Area: 895
  • Building Area: 895
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 895
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.055
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LYNN ALEXANDRA
  • Previous Owner : LED REAL ESTATE LLC
  • Owner Before Previous Owner: BAYVIEW LOAN SERVICING LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillside Township School District
  • Census Tract: 032401

Zoning

  • Zoning: R40T

Geography

  • Assessors Map Reference: TAX MAP 12
  • Account Number: 00408300
  • District: 07
  • Parcel: 07 01202-0000-00024
  • Block: 1202
  • Lot: 24
  • Municipality: HILLSIDE TWP
  • Latitude: 40.6953
  • Longitude: -74.2277

    Address

  • Full Address: 1303 Bright St
  • Address - House Number: 1303
  • Address - Street Name: Bright
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Hillside
  • Carrier Code: C012
  • 4-Digit Zip Code: 2302
  • Zip Code: 07205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,793

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 330,953
  • High Value: 412,500
  • Low Value: 249,406

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $222,337
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $215,303
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jan 11, 2024
  • Second Open Lien Mortgage Loan Amount: $7,034
  • Second Open Lien Mortgage Term: 332
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $72,300
  • Market Land Value: $36,400
  • Market Improvement Value: $35,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,300
  • Assessed Land Value: $36,400
  • Assessed Improvements Value: $35,900

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11858729887
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 9975
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Contract Date: Mar 21, 2016
  • Previous Sale Amount: $59,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $215,303
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 1303 Bright Street located in?
The 1303 Bright Street is a located in the neighborhood of Union in Union, Hillside.
What is the average sales price for listings in 1303 Bright Street?
The average sales price for units in 1303 Bright Street is $0 currently.

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