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342 39th Street

342 39th Street, Sea Isle City, NJ 08243
Property in Sea Isle City
Sold Mar 06, 2023
$1,275,000
$900,000 by Meridian Bank
Mortgage Due May 05, 2038
Sold Mar 15, 2006
$717,500
$574,000 by First Horizon Home Loan Corp
Mortgage Due Apr 01, 2036
Local assessors in Sea Isle City, NJ have categorized 342 39th Street as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 5,502 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 342 39th Street has a total of 1,968 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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, 342 39th Street sold most recently in Mar 3, 2023 for a total of $1,275,000. If you work out the math, that's approximately a cost of $647.87 per sqft. Before that, the property was also sold for $717,500 in Mar 2, 2006. 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 $5,018 in taxes each year. 342 39th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $589,000. If we break it down further, the land itself was valued at $272,200. Improvements to the property, however, were assessed at a total of $316,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,502
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: 28

Ownership

  • Current Owner : GRELLI ANTHONY
  • Previous Owner : SWIFT LINDA G
  • Owner Before Previous Owner: SEA STRUCTURES LLC

Neighborhood

  • School District Name: Sea Isle City School District
  • Census Tract: 020800

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 09
  • Parcel: 09 00039- 05-00027-0000-C-E
  • Block: 39.05
  • Lot: 27
  • Municipality: SEA ISLE CITY CITY
  • Latitude: 39.1596
  • Longitude: -74.6959

    Address

  • Full Address: 342 39th St
  • Address - House Number: 342
  • Address - Street Name: 39th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Sea Isle City
  • Carrier Code: C003
  • 4-Digit Zip Code: 2032
  • Zip Code: 08243

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,018

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 1,309,084
  • High Value: 1,547,617
  • Low Value: 1,070,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: MERIDIAN BANK
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 05, 2038

    Market Valuation

  • Market Total Value: $979,056
  • Market Land Value: $452,460
  • Market Improvement Value: $526,596

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,000
  • Assessed Land Value: $272,200
  • Assessed Improvements Value: $316,800

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Transaction ID: 11903721211
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4631
  • Previous Sale Recording Date: Mar 15, 2006
  • Previous Sale Contract Date: Mar 02, 2006
  • Previous Sale Amount: $717,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • Previous Mortgage Transaction Date: Mar 15, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $574,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Sea Isle City



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Frequently Asked Questions

What neighborhood is 342 39th Street located in?
The 342 39th Street is a located in the neighborhood of Sea Isle City in Sea Isle City, Sea Isle City.
What is the average sales price for listings in 342 39th Street?
The average sales price for units in 342 39th Street is $0 currently.

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