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22 Cambridge Drive

22 Cambridge Drive, Short Hills, NJ 07078
Property in Essex
Sold Sep 25, 2020
$1,780,000
$1,424,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2050
Sold Jun 27, 2018
Transfer
22 Cambridge Drive has been categorized by the local assessors in Short Hills, NJ as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The building has a total of 2 stories. In addition, 22 Cambridge Drive has 3,823 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,200 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note 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, 22 Cambridge Drive was last sold in Sep 9, 2020 for $1,780,000. According to our calculations, that's $465.60 per sqft. Current property owners are expected to pay $33,169 in taxes per year. The property on 22 Cambridge Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,707,100. To break that down further, the land itself was valued at $819,500. While improvements to the property were assessed at a total of $887,600. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,200
  • Total Building Area: 3,823
  • Building Area: 3,823
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,823
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.372
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VAZIRANI ROHIN
  • Current Owner 2: SUBRAMANIAN RATI
  • Previous Owner : MARTINEZ FRANCISCO JAVIER OLIVERA
  • Previous Owner 2: MARTINEZ IRACY VAQUERO
  • Owner Before Previous Owner: BERGER DAVID
  • Owner Before Previous Owner 2: BERGER KEIRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020000

Geography

  • Assessors Map Reference: TAX MAP 32
  • District: 12
  • Parcel: 12 03204-0000-00017
  • Block: 3204
  • Lot: 17
  • Municipality: MILLBURN TWP
  • Latitude: 40.7321
  • Longitude: -74.3375

    Address

  • Full Address: 22 Cambridge Dr
  • Address - House Number: 22
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C008
  • 4-Digit Zip Code: 1925
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,169

    Appraisal Valuation

  • Standard Deviation: 0.2442
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 65
  • Final Value: 2,117,774
  • High Value: 2,634,992
  • Low Value: 1,600,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,424,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $1,424,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,707,100
  • Market Land Value: $819,500
  • Market Improvement Value: $887,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,707,100
  • Assessed Land Value: $819,500
  • Assessed Improvements Value: $887,600

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11793035376
  • Current Sale Price: $1,780,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020094123
  • Previous Sale Recording Date: Jun 27, 2018
  • Previous Sale Contract Date: Jun 24, 2018
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $1,424,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Short Hills



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Frequently Asked Questions

What neighborhood is 22 Cambridge Drive located in?
The 22 Cambridge Drive is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 22 Cambridge Drive?
The average sales price for units in 22 Cambridge Drive is $0 currently.

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