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26 Highland Terrace

26 Highland Terrace, Wayne, NJ 07470
Property in Passaic
Sold Dec 13, 2021
$495,000
$478,479 by New Jersey Lenders Corp
Mortgage Due Dec 01, 2051
26 Highland Terrace in Wayne, NJ was first built in 1955 and is 69 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 Cape Cod style. 26 Highland Terrace has 1,228 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 12,502 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. According to our sources, 26 Highland Terrace sold most recently in Nov 22, 2021 for a total of $495,000. If you work out the math, that's approximately a cost of $403.09 per sqft. 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 $10,238 in taxes each year. 26 Highland Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $185,500. If we break it down further, the land itself was valued at $105,600. Improvements to the property, however, were assessed at a total of $79,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Building Style: Cape Cod
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,502
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PARUCH BOZENA
  • Previous Owner : LYNCH ROBERT
  • Previous Owner 2: LYNCH GAIL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246202

Zoning

  • Zoning: R-B

Geography

  • District: 14
  • Parcel: 14 01702-0000-00004
  • Block: 1702
  • Lot: 4
  • Municipality: WAYNE TWP
  • Latitude: 40.9383
  • Longitude: -74.2439

    Address

  • Full Address: 26 Highland Ter
  • Address - House Number: 26
  • Address - Street Name: Highland
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C005
  • 4-Digit Zip Code: 4312
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,238

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 74
  • Final Value: 521,363
  • High Value: 622,062
  • Low Value: 420,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $478,479
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $478,479
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $185,500
  • Market Land Value: $105,600
  • Market Improvement Value: $79,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,500
  • Assessed Land Value: $105,600
  • Assessed Improvements Value: $79,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Transaction ID: 11876139604
  • Current Sale Price: $495,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021077139

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Dec 13, 2021
  • First Mortgage Loan Amount: $478,479
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Passaic



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Unit for rent at 1447 Alps Rd, Wayne Twp., NJ, 07470

$4,000 /mo

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1447 Alps Rd, Wayne Twp., NJ, 07470 Listing by ROSEANNE NOVER

Frequently Asked Questions

What neighborhood is 26 Highland Terrace located in?
The 26 Highland Terrace is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 26 Highland Terrace?
The average sales price for units in 26 Highland Terrace is $0 currently.

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