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201 Chicago Avenue

201 Chicago Avenue, Egg Harbor City, NJ 08215
Property in Atlantic
Sold Nov 04, 2022
$250,000
$236,800 by Loan Funder Llc
Mortgage Due Feb 01, 2054
Sold Mar 31, 2021
$105,000
$140,400 by We Lend Llc
Mortgage
201 Chicago Avenue has been categorized by the local assessors in Egg Harbor City, NJ as a residential type of property. The building on the property was first built in 1940 and is 84 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 201 Chicago Avenue has 2,896 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 1,500 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,498 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, 201 Chicago Avenue sold most recently in Feb 2, 2022 for a total of $250,000. If you work out the math, that's approximately a cost of $86.33 per sqft. Before that, the property was also sold for $105,000 in Feb 22, 2021. 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 $8,163 in taxes each year. 201 Chicago Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $165,900. If we break it down further, the land itself was valued at $42,000. Improvements to the property, however, were assessed at a total of $123,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,896
  • Building Area: 2,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 30

Ownership

  • Current Owner : 201 CHICAGO AVE LLC
  • Previous Owner : NJ HOLDING GROUP LLC
  • Owner Before Previous Owner: CASSARA ERNEST
  • Owner Before Previous Owner 2: CASSARA MARY JEAN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Egg Harbor City School District
  • Census Tract: 010600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 07
  • Parcel: 07 00432-0000-00029- 02
  • Block: 432
  • Lot: 29.02
  • Municipality: EGG HARBOR CITY
  • Latitude: 39.5281
  • Longitude: -74.6429

    Address

  • Full Address: 201 Chicago Ave
  • Address - House Number: 201
  • Address - Street Name: Chicago
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Egg Harbor City
  • Carrier Code: C008
  • 4-Digit Zip Code: 2212
  • Zip Code: 08215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,800
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC
  • First Open Lien Mortgage Recording Date: Feb 16, 2024
  • First Open Lien Mortgage Loan Amount: $236,800
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $165,900
  • Market Land Value: $42,000
  • Market Improvement Value: $123,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,900
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $123,900

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Transaction ID: 11898480442
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 59497
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Feb 22, 2021
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: IL LENDING LLC
  • First Mortgage Transaction Date: Nov 04, 2022
  • First Mortgage Loan Amount: $191,250
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 02, 2023

    Previous Mortgages

  • Previous Mortgage Lender: WE LEND LLC
  • Previous Mortgage Transaction Date: Mar 31, 2021
  • Previous Mortgage Loan Amount: $140,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Egg Harbor City



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Frequently Asked Questions

What neighborhood is 201 Chicago Avenue located in?
The 201 Chicago Avenue is a located in the neighborhood of Atlantic in Egg Harbor City, Egg Harbor City.
What is the average sales price for listings in 201 Chicago Avenue?
The average sales price for units in 201 Chicago Avenue is $0 currently.

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