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2 Wedgewood Drive

2 Wedgewood Drive, Verona, NJ 07044
Property in Essex
1 Units For Sale
Unit for sale at 2 Wedgewood Drive, Verona, NJ 07044

$289,000

  • 2 Beds
  • 1 Bath
2 Wedgewood Drive #4, Verona, NJ 07044 Listing by Daniel Jensen Iii

2 Wedgewood Drive in Verona, NJ was first built in 1960 and is 64 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 2 Wedgewood Drive has 866 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. In total, the area measurement of the land is 867 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. Tax-wise, the current owner is expected to pay close to $5,031 in taxes each year. 2 Wedgewood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $168,100. If we break it down further, the land itself was valued at $85,000. Improvements to the property, however, were assessed at a total of $83,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240510 Unit 4
05/10/2024
4
1 Bed
1 Bath
-
$289,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
DANIEL JENSEN
RE/MAX PARK SQUARE

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 867
  • Total Building Area: 866
  • Building Area: 866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.02
  • Standard Land Use Code: Condominium unit (residential)

Neighborhood

  • School District Name: Verona Borough School District
  • Census Tract: 021100

Geography

  • Assessors Map Reference: TAX MAP 1702
  • District: 20
  • Parcel: 20 01712-0000-00001-0000-C0002
  • Block: 1712
  • Lot: 1
  • Municipality: VERONA TWP
  • Latitude: 40.8305
  • Longitude: -74.2403

    Address

  • Full Address: 2 Wedgewood Dr
  • Address - House Number: 2
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Verona
  • Carrier Code: C047
  • 4-Digit Zip Code: 2178
  • Zip Code: 07044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,031

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 266,567
  • High Value: 323,737
  • Low Value: 209,396

    Market Valuation

  • Market Total Value: $168,100
  • Market Land Value: $85,000
  • Market Improvement Value: $83,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $168,100
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $83,100

About Essex




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Frequently Asked Questions

What neighborhood is 2 Wedgewood Drive located in?
The 2 Wedgewood Drive is a located in the neighborhood of Essex in Essex, Verona.
How many listings are currently for sale in 2 Wedgewood Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2 Wedgewood Drive?
The average sales price for units in 2 Wedgewood Drive is $289,000 currently.

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