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486 East 1st Avenue

486 East 1st Avenue, Roselle, NJ 07203
Property in Union
Sold Jan 02, 2008
$425,000
$340,000 by Lehman Brothers Bank Fsb
Mortgage Due Jan 01, 2038
Sold Dec 26, 2007
$362,000
$343,900 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2037
486 East 1st Avenue has been categorized by the local assessors in Roselle, NJ as a residential type of property. The building on the property was first built in 1930 and is 94 years old. The building has a total of 2 stories. In addition, 486 East 1st Avenue has 3,764 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 500 ft. The area measurement of the land has been determined as 5,001 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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. The exterior walls of the building are made of alum/vinyl siding. The property was last sold in Dec 27, 2007 for $425,000. That's $112.91 per sqft. Prior to that sales transaction, the property was also sold in Nov 7, 2007 for $362,000. 486 East 1st Avenue was last assessed in 2023. The total value of the property was assessed at $179,100. Specifically, the land the property is located on was valued at $56,000. While improvements on the property were assessed at a total of $123,100. 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 $15,182. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,764
  • Gross Building Area: 3,764
  • Building Area: 3,764
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Quadruplex (4 units, any combination)

Ownership

  • Current Owner : LAWRENCE SHELTON
  • Current Owner 2: LAWRENCE STACEY
  • Previous Owner : RUIZ JOHN
  • Owner Before Previous Owner: SMILEY EUGENE
  • Owner Before Previous Owner 2: SMILEY JANE MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Roselle Borough School District
  • Census Tract: 034000

Zoning

  • Zoning: RC

Geography

  • Account Number: 6310
  • District: 14
  • Parcel: 14 00704-0000-00002
  • Block: 704
  • Lot: 2
  • Municipality: ROSELLE BORO
  • Latitude: 40.6614
  • Longitude: -74.2524

    Address

  • Full Address: 486 E 1st Ave
  • Address - House Number: 486
  • Street Direction: E
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Roselle
  • Carrier Code: C029
  • 4-Digit Zip Code: 1451
  • Zip Code: 07203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,182

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 601,482
  • High Value: 737,680
  • Low Value: 465,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Open Lien Mortgage Recording Date: Jan 02, 2008
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2038

    Market Valuation

  • Market Total Value: $179,100
  • Market Land Value: $56,000
  • Market Improvement Value: $123,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,100
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $123,100

    Sales

  • Current Sale Contract Date: Dec 27, 2007
  • Current Sale Recording Date: Jan 02, 2008
  • Current Sale Transaction ID: 1166206199
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 191341
  • Previous Sale Recording Date: Dec 26, 2007
  • Previous Sale Contract Date: Nov 07, 2007
  • Previous Sale Amount: $362,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Mortgage Transaction Date: Jan 02, 2008
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 26, 2007
  • Previous Mortgage Loan Amount: $343,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Roselle



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Frequently Asked Questions

What neighborhood is 486 East 1st Avenue located in?
The 486 East 1st Avenue is a located in the neighborhood of Union in Roselle, Roselle.
What is the average sales price for listings in 486 East 1st Avenue?
The average sales price for units in 486 East 1st Avenue is $0 currently.

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