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12 Terrace Road

12 Terrace Road, Wayne, NJ 07470
Property in Passaic
Sold Jun 11, 1999
$327,500
$227,500 by Central Jersey Mtg Corp
Mortgage Due Jul 01, 2029
12 Terrace Road 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 1956 and is 68 years old. In addition, 12 Terrace Road has 2,359 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 15,987 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Jun 4, 1999 for $327,500. That's $138.83 per sqft. 12 Terrace Road was last assessed in 2022. The total value of the property was assessed at $288,800. Specifically, the land the property is located on was valued at $122,000. While improvements on the property were assessed at a total of $166,800. 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 $16,079. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Building Style: Split level
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,987
  • Total Building Area: 2,359
  • Building Area: 2,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,359
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CROCE DANIEL R
  • Current Owner 2: ROSQVIST CROCE MARIA B
  • Previous Owner : SKLAR PETER F
  • Previous Owner 2: SKLAR ARLENE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246103

Zoning

  • Zoning: R-B

Geography

  • District: 14
  • Parcel: 14 02202-0000-00015
  • Block: 2202
  • Lot: 15
  • Municipality: WAYNE TWP
  • Latitude: 40.9422
  • Longitude: -74.2312

    Address

  • Full Address: 12 Terrace Rd
  • Address - House Number: 12
  • Address - Street Name: Terrace
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C038
  • 4-Digit Zip Code: 3430
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,079

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 74
  • Final Value: 727,075
  • High Value: 865,019
  • Low Value: 589,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $227,500
  • First Open Lien Mortgage Lender: CENTRAL JERSEY MTG CORP
  • First Open Lien Mortgage Recording Date: Jun 11, 1999
  • First Open Lien Mortgage Loan Amount: $227,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2029

    Market Valuation

  • Market Total Value: $288,800
  • Market Land Value: $122,000
  • Market Improvement Value: $166,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $288,800
  • Assessed Land Value: $122,000
  • Assessed Improvements Value: $166,800

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 1999
  • Current Sale Recording Date: Jun 11, 1999
  • Current Sale Transaction ID: 1109299910
  • Current Sale Price: $327,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: T67954

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL JERSEY MTG CORP
  • First Mortgage Transaction Date: Jun 11, 1999
  • First Mortgage Loan Amount: $227,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jul 01, 2029

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12 Terrace Road located in?
The 12 Terrace Road is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 12 Terrace Road?
The average sales price for units in 12 Terrace Road is $0 currently.

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