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111 Sherman Place

111 Sherman Place, South Orange, NJ 07079
Property in Essex
Sold Jul 14, 2010
$430,000
$344,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2040
Sold Dec 29, 1999
$174,900
$139,900 by Countrywide Home Loans
Mortgage
111 Sherman Place has been categorized by the local assessors in South Orange, NJ as a residential type of property. The building on the property was first built in 1909 and is 115 years old. The building has a total of 2 stories. In addition, 111 Sherman Place has 1,910 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 1,400 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 4,879 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 other control joints. The exterior walls of the building are made of stucco. 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, 111 Sherman Place was last sold in Jun 11, 2010 for $430,000. According to our calculations, that's $225.13 per sqft. Prior to that sales transaction, the property was sold for $174,900 in Dec 23, 1999. Current property owners are expected to pay $15,641 in taxes per year. The property on 111 Sherman Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $446,000. To break that down further, the land itself was valued at $274,000. While improvements to the property were assessed at a total of $172,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1909
  • Effective Year Built: 1909
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,879
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,910
  • Building Area: 1,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARTINEZ CARLOS
  • Current Owner 2: MARTINEZ MARIA
  • Previous Owner : HAVILAND WILLIAM
  • Previous Owner 2: BROWN TERI LYN
  • Owner Before Previous Owner: FEDOSEYEV EUGENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019300

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 15
  • District: 19
  • Parcel: 19 02216-0000-00019
  • Block: 2216
  • Lot: 19
  • Municipality: SOUTH ORANGE VILLAGE TW
  • Latitude: 40.7366
  • Longitude: -74.2634

    Address

  • Full Address: 111 Sherman Pl
  • Address - House Number: 111
  • Address - Street Name: Sherman
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: South Orange
  • Carrier Code: C008
  • 4-Digit Zip Code: 1825
  • Zip Code: 07079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,641

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 727,247
  • High Value: 884,967
  • Low Value: 569,527

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $394,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 14, 2010
  • First Open Lien Mortgage Loan Amount: $344,000
  • 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: Jul 01, 2040
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 28, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 329
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 28, 2050

    Market Valuation

  • Market Total Value: $446,000
  • Market Land Value: $274,000
  • Market Improvement Value: $172,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $446,000
  • Assessed Land Value: $274,000
  • Assessed Improvements Value: $172,000

    Sales

  • Current Sale Contract Date: Jun 11, 2010
  • Current Sale Recording Date: Jul 14, 2010
  • Current Sale Transaction ID: 1101772601
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10050789
  • Previous Sale Recording Date: Dec 29, 1999
  • Previous Sale Contract Date: Dec 23, 1999
  • Previous Sale Amount: $174,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 14, 2010
  • First Mortgage Loan Amount: $344,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS
  • Previous Mortgage Transaction Date: Dec 29, 1999
  • Previous Mortgage Loan Amount: $139,900
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 111 Sherman Place located in?
The 111 Sherman Place is a located in the neighborhood of Essex in Essex, South Orange.
What is the average sales price for listings in 111 Sherman Place?
The average sales price for units in 111 Sherman Place is $0 currently.

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