12 Old Homestead Road

Local assessors in Wayne, NJ have categorized 12 Old Homestead Road as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 18,600 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. If we look only at the heated or air conditioned part of the building, then 12 Old Homestead Road has a total of 3,214 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. 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, 12 Old Homestead Road sold most recently in Feb 9, 2021 for a total of $650,000. If you work out the math, that's approximately a cost of $202.24 per sqft. Before that, the property was also sold for $140,000 in Aug 13, 1993. 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 $18,545 in taxes each year. 12 Old Homestead Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $328,000. If we break it down further, the land itself was valued at $128,000. Improvements to the property, however, were assessed at a total of $200,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.