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11 Salem Road

11 Salem Road, New Providence, NJ 07974
Property in Union
Sold Jan 22, 2015
$500,000
$400,000 by Citibank Na
Mortgage Due Jan 01, 2045
Sold Mar 17, 2011
$450,000
$360,000 by Hsbc Mortgage Corporation Usa
Mortgage Due Apr 01, 2041
Local assessors in New Providence, NJ have categorized 11 Salem Road as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,100 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Salem Road has a total of 1,620 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 Salem Road was last sold in Dec 23, 2014 for $500,000. According to our calculations, that's $308.64 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Mar 10, 2011. Current property owners are expected to pay $12,132 in taxes per year. The property on 11 Salem Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $242,300. To break that down further, the land itself was valued at $121,800. While improvements to the property were assessed at a total of $120,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DEPALO CYNTHIA
  • Previous Owner : SONG PAUL H
  • Previous Owner 2: SONG CINDY
  • Owner Before Previous Owner: MELHUISH CHRIS
  • Owner Before Previous Owner 2: MELHUISH LYNNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Providence Borough School District
  • Census Tract: 038101

Zoning

  • Zoning: R2

Geography

  • Account Number: 00308700
  • District: 11
  • Parcel: 11 00276-0000-00006
  • Block: 276
  • Lot: 6
  • Municipality: NEW PROVIDENCE BORO
  • Latitude: 40.6985
  • Longitude: -74.3958

    Address

  • Full Address: 11 Salem Rd
  • Address - House Number: 11
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: New Providence
  • Carrier Code: C011
  • 4-Digit Zip Code: 2343
  • Zip Code: 07974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,132

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 764,227
  • High Value: 927,557
  • Low Value: 600,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jan 22, 2015
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $242,300
  • Market Land Value: $121,800
  • Market Improvement Value: $120,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,300
  • Assessed Land Value: $121,800
  • Assessed Improvements Value: $120,500

    Sales

  • Current Sale Contract Date: Dec 23, 2014
  • Current Sale Recording Date: Jan 22, 2015
  • Current Sale Transaction ID: 1192875143
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 258080
  • Previous Sale Recording Date: Mar 17, 2011
  • Previous Sale Contract Date: Mar 10, 2011
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jan 22, 2015
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Mar 17, 2011
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About New Providence



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Frequently Asked Questions

What neighborhood is 11 Salem Road located in?
The 11 Salem Road is a located in the neighborhood of Union in New Providence, New Providence.
What is the average sales price for listings in 11 Salem Road?
The average sales price for units in 11 Salem Road is $0 currently.

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