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18 Garden Avenue

18 Garden Avenue, Chatham, NJ 07928
Property in Morris
Sold Feb 10, 2021
$1,120,000
$720,000 by Bond Street Mortgage Llc
Mortgage Due Feb 01, 2051
Sold Jan 10, 2020
$920,000
$591,000 by Unity Bank
Mortgage Due Jan 01, 2050
18 Garden Avenue in Chatham, NJ was first built in 2020 and is 4 years old. This has been categorized as a residential property type. 18 Garden Avenue has 2,092 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 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. 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, 18 Garden Avenue was last sold in Jan 21, 2021 for $1,120,000. According to our calculations, that's $535.37 per sqft. Prior to that sales transaction, the property was sold for $920,000 in Dec 9, 2019. Current property owners are expected to pay $20,412 in taxes per year. The property on 18 Garden Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,313,500. To break that down further, the land itself was valued at $512,500. While improvements to the property were assessed at a total of $801,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,092
  • Building Area: 2,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KIM ALEXANDER
  • Current Owner 2: WU NIER
  • Previous Owner : RM & JM BUILDERS LLC
  • Owner Before Previous Owner: CANNON DAVID A
  • Owner Before Previous Owner 2: TUNNY BETH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 042700

Zoning

  • Zoning: R-2

Geography

  • Account Number: 20013003
  • District: 04
  • Parcel: 04 00033-0000-00012- 02
  • Block: 33
  • Lot: 12.02
  • Municipality: CHATHAM BORO
  • Latitude: 40.7468
  • Longitude: -74.3931

    Address

  • Full Address: 18 Garden Ave
  • Address - House Number: 18
  • Address - Street Name: Garden
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C007
  • 4-Digit Zip Code: 2259
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,412

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,361,421
  • High Value: 1,571,422
  • Low Value: 1,151,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: BOND STREET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 10, 2021
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $1,223,226
  • Market Land Value: $477,277
  • Market Improvement Value: $745,949

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,313,500
  • Assessed Land Value: $512,500
  • Assessed Improvements Value: $801,000

    Sales

  • Current Sale Contract Date: Jan 21, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11825220146
  • Current Sale Price: $1,120,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021011278
  • Previous Sale Recording Date: Jan 10, 2020
  • Previous Sale Contract Date: Dec 09, 2019
  • Previous Sale Amount: $920,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOND STREET MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITY BANK
  • Previous Mortgage Transaction Date: Jan 10, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $591,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Chatham



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Frequently Asked Questions

What neighborhood is 18 Garden Avenue located in?
The 18 Garden Avenue is a located in the neighborhood of Morris in Chatham, Chatham.
What is the average sales price for listings in 18 Garden Avenue?
The average sales price for units in 18 Garden Avenue is $0 currently.

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