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20 Lougheed Avenue

20 Lougheed Avenue, Caldwell, NJ 07006
Property in Essex
Sold Jul 23, 2014
Transfer
$150,000 by Gmac Mtg
Mortgage
Sold Sep 18, 1997
$234,000
$150,000 by Gmac Mtg
Mortgage
20 Lougheed Avenue has been categorized by the local assessors in Caldwell, NJ as a residential type of property. The building on the property was first built in 1961 and is 63 years old. In addition, 20 Lougheed Avenue has 2,020 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 9,901 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $234,000 in Aug 27, 1997. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $10,435 in taxes each year. 20 Lougheed Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $392,600. If we break it down further, the land itself was valued at $219,100. Improvements to the property, however, were assessed at a total of $173,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,901
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,020
  • Building Area: 2,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WILMERS FAMILY LLC
  • Owner Before Previous Owner: ARMSTRONG ROBERT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Caldwell-West Caldwell School District
  • Census Tract: 021803

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 22
  • District: 21
  • Parcel: 21 02201-0000-00061
  • Block: 2201
  • Lot: 61
  • Municipality: WEST CALDWELL TWP
  • Latitude: 40.8449
  • Longitude: -74.2906

    Address

  • Full Address: 20 Lougheed Ave
  • Address - House Number: 20
  • Address - Street Name: Lougheed
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: West Caldwell
  • Carrier Code: C031
  • 4-Digit Zip Code: 7512
  • Zip Code: 07006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,435

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 631,052
  • High Value: 766,394
  • Low Value: 495,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: GMAC MTG
  • First Open Lien Mortgage Recording Date: Sep 18, 1997
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $392,600
  • Market Land Value: $219,100
  • Market Improvement Value: $173,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $392,600
  • Assessed Land Value: $219,100
  • Assessed Improvements Value: $173,500

    Sales

  • Current Sale Contract Date: Jul 23, 2014
  • Current Sale Recording Date: Jul 23, 2014
  • Current Sale Transaction ID: 11551863686
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: Sep 18, 1997
  • Previous Sale Contract Date: Aug 27, 1997
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MTG
  • Previous Mortgage Transaction Date: Sep 18, 1997
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360

About Essex



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Frequently Asked Questions

What neighborhood is 20 Lougheed Avenue located in?
The 20 Lougheed Avenue is a located in the neighborhood of Essex in Essex, Caldwell.
What is the average sales price for listings in 20 Lougheed Avenue?
The average sales price for units in 20 Lougheed Avenue is $0 currently.

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