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220 5th Street

220 5th Street, Fairview, NJ 07022
Property in Bergen
Sold Mar 16, 2020
$450,000
$341,000 by Lima One Capital Llc
Mortgage Due Mar 13, 2050
Sold Mar 13, 2020
$450,000
$341,000 by Lima One Capital Llc
Mortgage
220 5th Street in Fairview, NJ was first built in 1927 and is 97 years old. This has been categorized as a residential property type. There are a total of 2 floors. 220 5th Street has 1,574 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 250 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 2,500 square feet.

Learn more about the property and building on this page. 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 other control joints. The exterior walls of the home are made of stucco. 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, 220 5th Street was last sold in Oct 18, 2019 for $450,000. According to our calculations, that's $285.90 per sqft. Prior to that sales transaction, the property was sold for $450,000 in Oct 18, 2019. Current property owners are expected to pay $10,165 in taxes per year. The property on 220 5th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $470,900. To break that down further, the land itself was valued at $185,300. While improvements to the property were assessed at a total of $285,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,574
  • Building Area: 1,574
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,574
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : 220 5TH ST FAIRVIEW LLC
  • Previous Owner : GONCALVES ALBERTO
  • Previous Owner 2: GONCALVES TRUST
  • Owner Before Previous Owner: GONCALVES ALBERTO
  • Owner Before Previous Owner 2: GONCALVES TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairview Borough School District
  • Census Tract: 018102

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 18
  • Parcel: 18 00315-0000-00024
  • Block: 315
  • Lot: 24
  • Municipality: FAIRVIEW BORO
  • Latitude: 40.8166
  • Longitude: -73.9967

    Address

  • Full Address: 220 5th St
  • Address - House Number: 220
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Fairview
  • Carrier Code: C002
  • 4-Digit Zip Code: 1440
  • Zip Code: 07022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,165

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 662,013
  • High Value: 799,388
  • Low Value: 524,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,000
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Loan Amount: $341,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 13, 2050

    Market Valuation

  • Market Total Value: $470,900
  • Market Land Value: $185,300
  • Market Improvement Value: $285,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,900
  • Assessed Land Value: $185,300
  • Assessed Improvements Value: $285,600

    Sales

  • Current Sale Contract Date: Oct 18, 2019
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Transaction ID: 11795402902
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20-030911
  • Previous Sale Recording Date: Mar 13, 2020
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: LIMA ONE CAPITAL LLC
  • Previous Mortgage Transaction Date: Mar 13, 2020
  • Previous Mortgage Loan Amount: $341,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Fairview



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Frequently Asked Questions

What neighborhood is 220 5th Street located in?
The 220 5th Street is a located in the neighborhood of Bergen in Fairview, Fairview.
What is the average sales price for listings in 220 5th Street?
The average sales price for units in 220 5th Street is $0 currently.

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