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14 Colgate Drive

14 Colgate Drive, Newark, NJ 07103
Sold Oct 02, 2023
$185,000
$267,303 by Silver Hill Funding, Llc
Mortgage Due Jul 01, 2024
Sold Aug 25, 1998
$95,000
$91,650 by Mortgage Access Corp
Mortgage
Local assessors in Newark, NJ have categorized 14 Colgate Drive as a residential type of property. The property's lot size has been calculated to be 219,756 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

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. The property was last sold in Sep 14, 2023 for $185,000. Prior to that sales transaction, the property was also sold in Aug 21, 1998 for $95,000. 14 Colgate Drive was last assessed in 2022. The total value of the property was assessed at $176,000. Specifically, the land the property is located on was valued at $35,000. While improvements on the property were assessed at a total of $141,000. 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 $6,575. 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. 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

  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 219,756
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5.044
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : EAGLE PROPERTY GROUP LLC
  • Previous Owner : STEWART JERRY
  • Owner Before Previous Owner: JONES DARRYL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 006400

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 14
  • Parcel: 14 00234-0000-00001-0000-C0602
  • Block: 234
  • Lot: 1
  • Municipality: NEWARK CITY
  • Latitude: 40.736
  • Longitude: -74.1846

    Address

  • Full Address: 14 Colgate Dr
  • Address - House Number: 14
  • Address - Street Name: Colgate
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Newark
  • Carrier Code: C040
  • 4-Digit Zip Code: 6017
  • Zip Code: 07103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,575

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 352,622
  • High Value: 419,703
  • Low Value: 285,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,303
  • First Open Lien Mortgage Lender: SILVER HILL FUNDING, LLC
  • First Open Lien Mortgage Recording Date: Oct 02, 2023
  • First Open Lien Mortgage Loan Amount: $267,303
  • First Open Lien Mortgage Term: 8
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2024

    Market Valuation

  • Market Total Value: $176,000
  • Market Land Value: $35,000
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $141,000

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Transaction ID: 11914809458
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 59010
  • Previous Sale Recording Date: Aug 25, 1998
  • Previous Sale Contract Date: Aug 21, 1998
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILVER HILL FUNDING, LLC
  • First Mortgage Transaction Date: Oct 02, 2023
  • First Mortgage Loan Amount: $267,303
  • First Mortgage Terms: 8
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE ACCESS CORP
  • Previous Mortgage Transaction Date: Aug 25, 1998
  • Previous Mortgage Loan Amount: $91,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 14 Colgate Drive located in?
The 14 Colgate Drive is a located in the neighborhood of Springfield - Belmont in Springfield - Belmont, Newark.
What is the average sales price for listings in 14 Colgate Drive?
The average sales price for units in 14 Colgate Drive is $0 currently.

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