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224 Erie Street

224 Erie Street, Elizabethport, NJ 07206
Property in Union
Sold Dec 20, 2018
$250,000
$247,964 by First Alliance Home Mortgage L
Mortgage Due Dec 01, 2048
Sold Aug 10, 2018
$200,000
224 Erie Street in Elizabethport, NJ was first built in 1914 and is 110 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 duplex style. 224 Erie Street has 1,540 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 250 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. The property was last sold in Nov 5, 2018 for $250,000. That's $162.34 per sqft. Prior to that sales transaction, the property was also sold in Feb 6, 2018 for $200,000. 224 Erie Street was last assessed in 2023. The total value of the property was assessed at $19,300. Specifically, the land the property is located on was valued at $4,800. While improvements on the property were assessed at a total of $14,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,066. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Bedroom Count: 0
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : ALECHI NORMA H
  • Current Owner 2: MERRILL RICHARD
  • Previous Owner : JCM INVESTORS 1012 LLC
  • Owner Before Previous Owner: RR ERIE ELIZ LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Elizabeth City School District
  • Census Tract: 030500

Geography

  • District: 04
  • Parcel: 04 00742-0000-00004
  • Block: 742
  • Lot: 4
  • Municipality: ELIZABETH CITY
  • Latitude: 40.6477
  • Longitude: -74.1982

    Address

  • Full Address: 224 Erie St
  • Address - House Number: 224
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Elizabethport
  • Carrier Code: C005
  • 4-Digit Zip Code: 1516
  • Zip Code: 07206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,066

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 459,789
  • High Value: 583,965
  • Low Value: 335,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,964
  • First Open Lien Mortgage Lender: FIRST ALLIANCE HOME MORTGAGE L
  • First Open Lien Mortgage Recording Date: Dec 20, 2018
  • First Open Lien Mortgage Loan Amount: $247,964
  • 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: Dec 01, 2048

    Market Valuation

  • Market Total Value: $19,300
  • Market Land Value: $4,800
  • Market Improvement Value: $14,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,300
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $14,500

    Sales

  • Current Sale Contract Date: Nov 05, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Transaction ID: 11546871917
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 308072
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Contract Date: Feb 06, 2018
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ALLIANCE HOME MORTGAGE L
  • First Mortgage Transaction Date: Dec 20, 2018
  • First Mortgage Loan Amount: $247,964
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

About Elizabeth



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Frequently Asked Questions

What neighborhood is 224 Erie Street located in?
The 224 Erie Street is a located in the neighborhood of Union in Elizabeth, Elizabethport.
What is the average sales price for listings in 224 Erie Street?
The average sales price for units in 224 Erie Street is $0 currently.

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