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36 Penn Avenue

36 Penn Avenue, Newton, NJ 07860
Property in Sussex
Sold May 18, 2005
$260,500
$301,455 by American Financial Resources I
Mortgage Due Nov 01, 2037
Local assessors in Newton, NJ have categorized 36 Penn Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 25,600 square feet. The linear feet between the front and back of the lot was measured at 2,560 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 36 Penn Avenue has a total of 1,421 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 attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 36 Penn Avenue sold most recently in May 10, 2005 for a total of $260,500. If you work out the math, that's approximately a cost of $183.32 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 $7,155 in taxes each year. 36 Penn Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,200. If we break it down further, the land itself was valued at $80,500. Improvements to the property, however, were assessed at a total of $95,700. 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: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,600
  • Lot Size Depth Feet: 2,560
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.588
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHLAFFER ELAINE PAULA
  • Current Owner 2: COOKE JOHN CHRISTOPHER
  • Previous Owner : ESTATE OF HAROLD E RAYNOR
  • Previous Owner 2: RAYNOR STEVEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Andover Regional School District
  • Census Tract: 373500

Zoning

  • Zoning: R05

Geography

  • Assessors Map Reference: TAX MAP 10B
  • Account Number: 00005312
  • District: 02
  • Parcel: 02 00056-0000-00001
  • Block: 56
  • Lot: 1
  • Municipality: ANDOVER TWP
  • Latitude: 41.0089
  • Longitude: -74.7222

    Address

  • Full Address: 36 Penn Ave
  • Address - House Number: 36
  • Address - Street Name: Penn
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Newton
  • Carrier Code: R001
  • 4-Digit Zip Code: 9775
  • Zip Code: 07860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,155

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 357,530
  • High Value: 432,380
  • Low Value: 282,679

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,455
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Open Lien Mortgage Recording Date: Nov 07, 2007
  • First Open Lien Mortgage Loan Amount: $301,455
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2037

    Market Valuation

  • Market Total Value: $176,200
  • Market Land Value: $80,500
  • Market Improvement Value: $95,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,200
  • Assessed Land Value: $80,500
  • Assessed Improvements Value: $95,700

    Sales

  • Current Sale Contract Date: May 10, 2005
  • Current Sale Recording Date: May 18, 2005
  • Current Sale Transaction ID: 11474517185
  • Current Sale Price: $260,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 05-17366

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Mortgage Transaction Date: May 18, 2005
  • First Mortgage Loan Amount: $247,450
  • First Mortgage Terms: 360
  • First 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.)
  • First Mortgage Loan Due Date: Jun 01, 2035

About Sussex



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 36 Penn Avenue located in?
The 36 Penn Avenue is a located in the neighborhood of Sussex in Sussex, Newton.
What is the average sales price for listings in 36 Penn Avenue?
The average sales price for units in 36 Penn Avenue is $0 currently.

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