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1025 Prospect Street

1025 Prospect Street, Hillside, NJ 07205
Property in Union
Sold Oct 07, 2014
$148,000
$207,900 by Pennymac Loan Services Llc
Mortgage Due Feb 01, 2044
Sold Aug 29, 2005
$289,275
$231,420 by Countrywide Home Loans
Mortgage
1025 Prospect Street in Hillside, NJ was first built in 1874 and is 150 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. 1025 Prospect Street has 1,535 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 510 ft and the linear feet between the front and back of the lot is 780. In total, the area measurement of the land is 3,978 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 3 available parking spaces. 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, 1025 Prospect Street sold most recently in Sep 24, 2014 for a total of $148,000. If you work out the math, that's approximately a cost of $96.42 per sqft. Before that, the property was also sold for $289,275 in Aug 17, 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 $8,742 in taxes each year. 1025 Prospect Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,100. If we break it down further, the land itself was valued at $65,300. Improvements to the property, however, were assessed at a total of $43,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 1874
  • Effective Year Built: 1874
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,978
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MENDEZ FRANCISCO
  • Previous Owner : ALMEIDA GEORGE
  • Owner Before Previous Owner: CHRISTENSON EDVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillside Township School District
  • Census Tract: 032500

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 12
  • Account Number: 00447900
  • District: 07
  • Parcel: 07 01219-0000-00006
  • Block: 1219
  • Lot: 6
  • Municipality: HILLSIDE TWP
  • Latitude: 40.6886
  • Longitude: -74.2239

    Address

  • Full Address: 1025 Prospect St
  • Address - House Number: 1025
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Hillside
  • Carrier Code: C001
  • 4-Digit Zip Code: 2722
  • Zip Code: 07205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,742

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,900
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $207,900
  • First Open Lien Mortgage Term: 270
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2044

    Market Valuation

  • Market Total Value: $109,100
  • Market Land Value: $65,300
  • Market Improvement Value: $43,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,100
  • Assessed Land Value: $65,300
  • Assessed Improvements Value: $43,800

    Sales

  • Current Sale Contract Date: Sep 24, 2014
  • Current Sale Recording Date: Oct 07, 2014
  • Current Sale Transaction ID: 1120508583
  • Current Sale Price: $148,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 255040
  • Previous Sale Recording Date: Aug 29, 2005
  • Previous Sale Contract Date: Aug 17, 2005
  • Previous Sale Amount: $289,275
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ISERVE RESIDENTIAL LENDING LLC
  • First Mortgage Transaction Date: Oct 07, 2014
  • First Mortgage Loan Amount: $159,507
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS
  • Previous Mortgage Transaction Date: Aug 29, 2005
  • Previous Mortgage Loan Amount: $231,420
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Union



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Frequently Asked Questions

What neighborhood is 1025 Prospect Street located in?
The 1025 Prospect Street is a located in the neighborhood of Union in Union, Hillside.
What is the average sales price for listings in 1025 Prospect Street?
The average sales price for units in 1025 Prospect Street is $0 currently.

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