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2 Graybar Terrace

2 Graybar Terrace, Fanwood, NJ 07023
Property in Union
Sold Feb 23, 2016
$488,000
$394,400 by Assured Mortgage Bankers Corp
Mortgage Due Mar 01, 2046
2 Graybar Terrace in Fanwood, NJ was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. 2 Graybar Terrace has 2,096 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. For those who need parking, there is a garage underground or in the basement. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 2 Graybar Terrace was last sold in Feb 18, 2016 for $488,000. According to our calculations, that's $232.82 per sqft. Current property owners are expected to pay $13,122 in taxes per year. The property on 2 Graybar Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $461,400. To break that down further, the land itself was valued at $243,500. While improvements to the property were assessed at a total of $217,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!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: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • 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: 2,096
  • Building Area: 2,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,096
  • 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 : BLOCK ERIC
  • Previous Owner : EVANS ROBERT F
  • Previous Owner 2: EVANS DOROTHY M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scotch Plains-Fanwood Regional School District
  • Census Tract: 038702

Geography

  • Account Number: 00075400
  • District: 05
  • Parcel: 05 00039-0000-00046
  • Block: 39
  • Lot: 46
  • Municipality: FANWOOD BORO
  • Latitude: 40.6478
  • Longitude: -74.3855

    Address

  • Full Address: 2 Graybar Ter
  • Address - House Number: 2
  • Address - Street Name: Graybar
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Fanwood
  • Carrier Code: C004
  • 4-Digit Zip Code: 1121
  • Zip Code: 07023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,122

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 759,172
  • High Value: 939,954
  • Low Value: 578,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $394,400
  • First Open Lien Mortgage Lender: ASSURED MORTGAGE BANKERS CORP
  • First Open Lien Mortgage Recording Date: Feb 23, 2016
  • First Open Lien Mortgage Loan Amount: $394,400
  • 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: Mar 01, 2046

    Market Valuation

  • Market Total Value: $461,400
  • Market Land Value: $243,500
  • Market Improvement Value: $217,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,400
  • Assessed Land Value: $243,500
  • Assessed Improvements Value: $217,900

    Sales

  • Current Sale Contract Date: Feb 18, 2016
  • Current Sale Recording Date: Feb 23, 2016
  • Current Sale Transaction ID: 11552016235
  • Current Sale Price: $488,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURED MORTGAGE BANKERS CORP
  • First Mortgage Transaction Date: Feb 23, 2016
  • First Mortgage Loan Amount: $394,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2046

About Fanwood



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Frequently Asked Questions

What neighborhood is 2 Graybar Terrace located in?
The 2 Graybar Terrace is a located in the neighborhood of Union in Fanwood, Fanwood.
What is the average sales price for listings in 2 Graybar Terrace?
The average sales price for units in 2 Graybar Terrace is $0 currently.

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