Large Location Icon

616 New Jersey Ave; Norfolk, VA Property Details

616 New Jersey Ave, Norfolk, VA is a Single Family that was built in 2018. This property is currently a cash purchase and is not for sale. Our records show that 616 New Jersey Ave has 4 bedrooms, and 3 bathrooms, and a total of 2,592 square feet. The lot size of 616 New Jersey Ave is 5,667 square feet.

Off market
616 New Jersey Ave Norfolk, VA 23508
$583,100 Estimated Value
4 Beds
3 Baths
2,592 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2018
  • Purchase Price: $197,000
  • Open Loans / Balance: 2 / $797,712
  • Est. Equity / %: $-220,712 / -38.25%
  • Gross Yield: 8.421%
  • APN: 18767212
  • Situs County: Norfolk City
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 2,592/SqFt
  • Lot: 5,667/SqFt
  • Garage: 493/SqFt
  • Living: 2,592/SqFt
  • Building: 2,592/SqFt
  • Garage Unfinished: 493/SqFt
  • Price Per Square Foot: $76.00

Legal Description

  • Description: LOTS 34 & 35, BLK 23, COLONIAL PL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Norfolk City Public Schools
  • Lat / Lon: 36.885548 / -76.289375
  • Subdivision: Colonial Place
  • Property Class: Residential
  • County Use Code: 513

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2721
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

616 New Jersey Ave has no associated ownership info
616 New Jersey Ave has no associated ownership info.

Taxes

616 New Jersey Ave has 10 associated Taxes items

616 New Jersey Ave, Norfolk, VA pays taxes in Norfolk City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $583,100. The APN we've located for 616 New Jersey Ave is 18767212.

Unlock the full report
Taxes
  • Assessed Value:  $583,100
  • Assessed Year:  2026
  • Assessed County:  Norfolk City
  • APN:  18767212
  • Assessed Land Value:  108500
  • Market Land Value:  108500
  • Tax Amount:  7288.75
  • Tax Year:  2026
  • Market Value:  583100
  • Market Year:  2026

Tax History

616 New Jersey Ave has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $583,100 Land Value $108,500 Improvement Value $474,600 Tax Amount $7,288.75 Change Rate +0.041262% Assessed CR Tax Rate +0.0125%
Year 2025 Assessed Value $569,100 Land Value $94,500 Improvement Value $474,600 Tax Amount $6,999.92 Change Rate +0.044602% Assessed CR Tax Rate +0.0123%
Year 2024 Assessed Value $544,800 Land Value $94,500 Improvement Value $450,300 Tax Amount $6,701.04 Change Rate +0.044993% Assessed CR Tax Rate +0.0123%
Year 2023 Assessed Value $513,000 Land Value $94,500 Improvement Value $418,500 Tax Amount $6,412.52 Change Rate +0.044595% Assessed CR Tax Rate +0.0125%
Year 2022 Assessed Value $491,100 Land Value $72,600 Improvement Value $418,500 Tax Amount $6,138.76 Change Rate +0.038489% Assessed CR Tax Rate +0.0125%
Year 2021 Assessed Value $472,900 Land Value $72,600 Improvement Value $400,300 Tax Amount $5,911.24 Change Rate +0.014151% Assessed CR Tax Rate +0.0125%
Year 2020 Assessed Value $466,300 Land Value $66,000 Improvement Value $400,300 Tax Amount $5,828.76 Change Rate +0.047159% Assessed CR Tax Rate +0.0125%
Year 2019 Assessed Value $466,300 Land Value $66,000 Improvement Value $400,300 Tax Amount $5,566.26 Change Rate +0.074371% Assessed CR Tax Rate +0.011937%
Year 2018 Assessed Value $343,000 Land Value $66,000 Improvement Value $277,000 Tax Amount $5,180.95 Change Rate +0.154287% Assessed CR Tax Rate +0.015105%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $4,488.44 Change Rate Assessed CR Tax Rate