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107 Butternut Drive

107 Butternut Drive, Wayne, NJ 07470
Property in Passaic
Sold Jul 05, 2022
$600,000
Sold Feb 12, 2015
$415,000
$332,000 by 1st Constitution Bank
Mortgage Due Feb 01, 2045
107 Butternut Drive has been categorized by the local assessors in Wayne, NJ as a residential type of property. The building on the property was first built in 1995 and is 29 years old. In addition, 107 Butternut Drive has 2,419 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,920 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. For the features and amenities located on the property. There is a attached garage for those who require parking. 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, 107 Butternut Drive sold most recently in Jun 24, 2022 for a total of $600,000. If you work out the math, that's approximately a cost of $248.04 per sqft. Before that, the property was also sold for $415,000 in Jan 29, 2015. 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 $11,878 in taxes each year. 107 Butternut Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $210,300. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $135,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,419
  • Building Area: 2,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DITTMER MICHAEL
  • Current Owner 2: DITTMER JOAN
  • Previous Owner : AKRAM MOHAMMAD J
  • Previous Owner 2: AKRAM SAMINA
  • Owner Before Previous Owner: STONE ANDREW
  • Owner Before Previous Owner 2: STONE DANIELLE W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246002

Geography

  • Assessors Map Reference: TAX MAP 46
  • District: 14
  • Parcel: 14 04600-0000-00039
  • Block: 4600
  • Lot: 39
  • Municipality: WAYNE TWP
  • Latitude: 40.9959
  • Longitude: -74.2527

    Address

  • Full Address: 107 Butternut Dr
  • Address - House Number: 107
  • Address - Street Name: Butternut
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C065
  • 4-Digit Zip Code: 4947
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $11,878

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 622,391
  • High Value: 747,372
  • Low Value: 497,409

    Market Valuation

  • Market Total Value: $210,300
  • Market Land Value: $75,000
  • Market Improvement Value: $135,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $210,300
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $135,300

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Transaction ID: 11892372007
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 34102
  • Previous Sale Recording Date: Feb 12, 2015
  • Previous Sale Contract Date: Jan 29, 2015
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: 1ST CONSTITUTION BANK
  • Previous Mortgage Transaction Date: Feb 12, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $332,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Passaic



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Frequently Asked Questions

What neighborhood is 107 Butternut Drive located in?
The 107 Butternut Drive is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 107 Butternut Drive?
The average sales price for units in 107 Butternut Drive is $0 currently.

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