11 Palmer Drive

11 Palmer Drive in Wayne, NJ was first built in 1966 and is 58 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 split level style. 11 Palmer Drive has 2,216 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. In total, the area measurement of the land is 16,509 square feet.

Learn more about the property and building on this page. The property was last sold in Aug 11, 2022 for $690,000. That's $311.37 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2018 for $545,000. 11 Palmer Drive was last assessed in 2022. The total value of the property was assessed at $245,900. Specifically, the land the property is located on was valued at $122,500. While improvements on the property were assessed at a total of $123,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $13,903. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.