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10-15 Backus Road

10-15 Backus Road, Fair Lawn, NJ 07410
Multifamily in Bergen
Sold Mar 22, 2021
$465,000
$425,823 by Newrez Llc
Mortgage Due Jan 01, 2051
Sold Nov 22, 2000
$263,000
$208,000 by Gateway Funding Div Mtg Svc Lp
Mortgage
10-15 Backus Road has been categorized by the local assessors in Fair Lawn, NJ as a residential type of property. The building on the property was first built in 1947 and is 77 years old. The building has a total of 2 stories. In addition, 10-15 Backus Road has 1,612 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.

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. 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, 10-15 Backus Road sold most recently in Dec 21, 2020 for a total of $465,000. If you work out the math, that's approximately a cost of $288.46 per sqft. Before that, the property was also sold for $263,000 in Nov 3, 2000. 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 $11,188 in taxes each year. 10-15 Backus Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $324,000. If we break it down further, the land itself was valued at $168,000. Improvements to the property, however, were assessed at a total of $156,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

Building Features

Exterior

Aluminum Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • 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: 1,612
  • Building Area: 1,612
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,612
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 18,19

Ownership

  • Current Owner : CORREGGIO JADE
  • Previous Owner : THOMPSON ALEX R
  • Owner Before Previous Owner: CONVERTINI WINIFRED ULINSKY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fair Lawn Borough School District
  • Census Tract: 017200

Zoning

  • Zoning: R13

Geography

  • Account Number: 093144
  • District: 17
  • Parcel: 17 05808-0000-00017
  • Block: 5808
  • Lot: 17
  • Municipality: FAIRLAWN BORO
  • Latitude: 40.9416
  • Longitude: -74.1328

    Address

  • Full Address: 10-15 Backus Rd
  • Address - House Number: 10-15
  • Address - Street Name: Backus
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Fair Lawn
  • Carrier Code: C015
  • 4-Digit Zip Code: 1925
  • Zip Code: 07410

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,188

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 606,144
  • High Value: 718,790
  • Low Value: 493,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,823
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $425,823
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $324,000
  • Market Land Value: $168,000
  • Market Improvement Value: $156,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,000
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Contract Date: Dec 21, 2020
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11828372155
  • Current Sale Price: $465,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2021040729
  • Previous Sale Recording Date: Nov 22, 2000
  • Previous Sale Contract Date: Nov 03, 2000
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $425,823
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY FUNDING DIV MTG SVC LP
  • Previous Mortgage Transaction Date: Nov 22, 2000
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Fair Lawn



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Frequently Asked Questions

What neighborhood is 10-15 Backus Road located in?
The 10-15 Backus Road is a multifamily located in the neighborhood of Bergen in Fair Lawn, Fair Lawn.
What is the average sales price for listings in 10-15 Backus Road?
The average sales price for units in 10-15 Backus Road is $0 currently.

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