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23 Skytop Road

23 Skytop Road, Cedar Grove, NJ 07009
Property in Essex
Sold Oct 05, 2020
$690,000
$552,000 by American Neighborhood Mtg Acce
Mortgage Due Oct 01, 2050
Sold Jan 29, 1999
$225,000
$170,000 by First Hope Bank
Mortgage
23 Skytop Road in Cedar Grove, NJ was first built in 1953 and is 71 years old. This has been categorized as a residential property type. It is a single story home. 23 Skytop Road has 2,012 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 1,000 ft and the linear feet between the front and back of the lot is 1,780. In total, the area measurement of the land is 17,799 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 23 Skytop Road sold most recently in Sep 25, 2020 for a total of $690,000. If you work out the math, that's approximately a cost of $342.94 per sqft. Before that, the property was also sold for $225,000 in Jan 25, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,582 in taxes each year. 23 Skytop Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $529,700. If we break it down further, the land itself was valued at $285,700. Improvements to the property, however, were assessed at a total of $244,000. 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: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,799
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.409
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PALERMO VINCENT
  • Current Owner 2: COSTELLO CRISTINA
  • Previous Owner : CASTROVINCI MARY
  • Previous Owner 2: FRANZESE ANTHONY
  • Owner Before Previous Owner: CLARK RICHARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cedar Grove Township School District
  • Census Tract: 021300

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 04
  • Parcel: 04 00093-0000-00006
  • Block: 93
  • Lot: 6
  • Municipality: CEDAR GROVE TWP
  • Latitude: 40.8562
  • Longitude: -74.2426

    Address

  • Full Address: 23 Skytop Rd
  • Address - House Number: 23
  • Address - Street Name: Skytop
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Cedar Grove
  • Carrier Code: C007
  • 4-Digit Zip Code: 1316
  • Zip Code: 07009

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,582

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 742,344
  • High Value: 901,556
  • Low Value: 583,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $552,000
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Oct 05, 2020
  • First Open Lien Mortgage Loan Amount: $552,000
  • 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: $529,700
  • Market Land Value: $285,700
  • Market Improvement Value: $244,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $529,700
  • Assessed Land Value: $285,700
  • Assessed Improvements Value: $244,000

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11792838875
  • Current Sale Price: $690,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020097840
  • Previous Sale Recording Date: Jan 29, 1999
  • Previous Sale Contract Date: Jan 25, 1999
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Oct 05, 2020
  • First Mortgage Loan Amount: $552,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOPE BANK
  • Previous Mortgage Transaction Date: Jan 29, 1999
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 23 Skytop Road located in?
The 23 Skytop Road is a located in the neighborhood of Essex in Essex, Cedar Grove.
What is the average sales price for listings in 23 Skytop Road?
The average sales price for units in 23 Skytop Road is $0 currently.

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