1308 South Merrimac Road

1308 South Merrimac Road has been categorized by the local assessors in Camden, NJ as a residential type of property. The building on the property was first built in 1945 and is 79 years old. In addition, 1308 South Merrimac Road has 1,116 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 1,000 ft and across the front of the lot is 140 ft. The area measurement of the land has been determined as 1,398 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of brick. 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, 1308 South Merrimac Road sold most recently in Feb 22, 2005 for a total of $29,900. If you work out the math, that's approximately a cost of $26.79 per sqft. 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 $2,144 in taxes each year. 1308 South Merrimac Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,600. If we break it down further, the land itself was valued at $14,300. Improvements to the property, however, were assessed at a total of $48,300. 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.