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13 Collamore Terrace

13 Collamore Terrace, West Orange, NJ 07052
House in Essex
Sold Jan 12, 2023
$551,000
$397,842 by Newrez Llc
Mortgage Due Feb 01, 2053
Sold Sep 01, 1995
$182,500
$50,000 by 1st Security Savings
Mortgage
13 Collamore Terrace in West Orange, NJ was first built in 1950 and is 74 years old. This has been categorized as a residential property type. 13 Collamore Terrace has 2,502 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. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. 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, 13 Collamore Terrace sold most recently in Jan 3, 2022 for a total of $551,000. If you work out the math, that's approximately a cost of $220.22 per sqft. Before that, the property was also sold for $182,500 in Jul 5, 1995. 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 $16,266 in taxes each year. 13 Collamore Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $366,600. If we break it down further, the land itself was valued at $150,100. Improvements to the property, however, were assessed at a total of $216,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,502
  • Building Area: 2,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,502
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BROWN ASHANA
  • Current Owner 2: BROWN CLIVE
  • Previous Owner : MONTILUS MARIE DENISE
  • Owner Before Previous Owner: HICKEY JASON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Orange Town School District
  • Census Tract: 018000

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 22
  • Parcel: 22 00055- 05-00020
  • Block: 55.05
  • Lot: 20
  • Municipality: WEST ORANGE TWP
  • Latitude: 40.7738
  • Longitude: -74.2585

    Address

  • Full Address: 13 Collamore Ter
  • Address - House Number: 13
  • Address - Street Name: Collamore
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: West Orange
  • Carrier Code: C064
  • 4-Digit Zip Code: 3918
  • Zip Code: 07052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,266

    Appraisal Valuation

  • Standard Deviation: 0.1068
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 89
  • Final Value: 560,785
  • High Value: 620,680
  • Low Value: 500,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,842
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Jan 12, 2023
  • First Open Lien Mortgage Loan Amount: $397,842
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $366,600
  • Market Land Value: $150,100
  • Market Improvement Value: $216,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $366,600
  • Assessed Land Value: $150,100
  • Assessed Improvements Value: $216,500

    Sales

  • Current Sale Contract Date: Jan 03, 2022
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Transaction ID: 11901510607
  • Current Sale Price: $551,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2582
  • Previous Sale Recording Date: Sep 01, 1995
  • Previous Sale Contract Date: Jul 05, 1995
  • Previous Sale Amount: $182,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Jan 12, 2023
  • First Mortgage Loan Amount: $397,842
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: 1ST SECURITY SAVINGS
  • Previous Mortgage Transaction Date: Sep 01, 1995
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360

About Essex



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Frequently Asked Questions

What neighborhood is 13 Collamore Terrace located in?
The 13 Collamore Terrace is a house located in the neighborhood of Essex in Essex, West Orange.
What is the average sales price for listings in 13 Collamore Terrace?
The average sales price for units in 13 Collamore Terrace is $0 currently.

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