Sold Nov 18, 2009
$1,150,000
Buyer
$600,000
by Bank Of America Na
Mortgage Due Dec 01, 2039
Sold Mar 23, 2005
$1,200,000
Seller
$840,000
by Wells Fargo Bank Na
Mortgage Due Apr 01, 2035
Local assessors in Wayne, NJ have categorized 1 Montauk Trail as a residential type of property.
The home was built in 1995 and is 29 years old.
The property's lot size has been calculated to be 46,609 square feet.
Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style.
If we look only at the heated or air conditioned part of the building, then 1 Montauk Trail has a total of 3,784 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. 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, 1 Montauk Trail sold most recently in Oct 29, 2009 for a total of $1,150,000. If you work out the math, that's approximately a cost of $303.91 per sqft. Before that, the property was also sold for $1,200,000 in Mar 9, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $30,141 in taxes each year. 1 Montauk Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $533,100. If we break it down further, the land itself was valued at $206,500. Improvements to the property, however, were assessed at a total of $326,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.
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. 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, 1 Montauk Trail sold most recently in Oct 29, 2009 for a total of $1,150,000. If you work out the math, that's approximately a cost of $303.91 per sqft. Before that, the property was also sold for $1,200,000 in Mar 9, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $30,141 in taxes each year. 1 Montauk Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $533,100. If we break it down further, the land itself was valued at $206,500. Improvements to the property, however, were assessed at a total of $326,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.
1 Montauk Trail, Wayne, NJ 07470
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