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61 Gaston Avenue

61 Gaston Avenue, Raritan, NJ 08869
Property in Somerset
Sold Apr 13, 2011
$214,000
$210,635 by Real Estate Mortgage Network I
Mortgage Due Apr 01, 2041
Sold Jan 29, 2010
$180,000
61 Gaston Avenue in Raritan, NJ was first built in 1916 and is 108 years old. This has been categorized as a residential property type. There are a total of 2 floors. 61 Gaston Avenue has 1,340 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 380 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 3,800 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 61 Gaston Avenue sold most recently in Mar 30, 2011 for a total of $214,000. If you work out the math, that's approximately a cost of $159.70 per sqft. Before that, the property was also sold for $180,000 in Jan 12, 2009. 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 $7,311 in taxes each year. 61 Gaston Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $256,800. If we break it down further, the land itself was valued at $156,000. Improvements to the property, however, were assessed at a total of $100,800. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1916
  • Effective Year Built: 1916
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRASER STEVEN L
  • Current Owner 2: FRASER CANDACE L
  • Previous Owner : DISTRESSED PROPERTY ENTERPRISES IV LLC
  • Owner Before Previous Owner: SILVA PAULINE T
  • Owner Before Previous Owner 2: RAMIREZ LUIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050600

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 16
  • Parcel: 16 00080-0000-00001
  • Block: 80
  • Lot: 1
  • Municipality: RARITAN BORO
  • Latitude: 40.5695
  • Longitude: -74.6392

    Address

  • Full Address: 61 Gaston Ave
  • Address - House Number: 61
  • Address - Street Name: Gaston
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Raritan
  • Carrier Code: C002
  • 4-Digit Zip Code: 1707
  • Zip Code: 08869

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,311

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 424,193
  • High Value: 493,253
  • Low Value: 355,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,635
  • First Open Lien Mortgage Lender: REAL ESTATE MORTGAGE NETWORK I
  • First Open Lien Mortgage Recording Date: Apr 13, 2011
  • First Open Lien Mortgage Loan Amount: $210,635
  • 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: Apr 01, 2041

    Market Valuation

  • Market Total Value: $340,448
  • Market Land Value: $206,814
  • Market Improvement Value: $133,634

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,800
  • Assessed Land Value: $156,000
  • Assessed Improvements Value: $100,800

    Sales

  • Current Sale Contract Date: Mar 30, 2011
  • Current Sale Recording Date: Apr 13, 2011
  • Current Sale Transaction ID: 1062722818
  • Current Sale Price: $214,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2011017733
  • Previous Sale Recording Date: Jan 29, 2010
  • Previous Sale Contract Date: Jan 12, 2009
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: REAL ESTATE MORTGAGE NETWORK I
  • First Mortgage Transaction Date: Apr 13, 2011
  • First Mortgage Loan Amount: $210,635
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2041

About Raritan



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Frequently Asked Questions

What neighborhood is 61 Gaston Avenue located in?
The 61 Gaston Avenue is a located in the neighborhood of Somerset in Raritan, Raritan.
What is the average sales price for listings in 61 Gaston Avenue?
The average sales price for units in 61 Gaston Avenue is $0 currently.

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