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26 Maple Terrace

26 Maple Terrace, Millburn, NJ 07041
Property in Essex
Sold Jul 12, 2021
$1,129,000
$903,200 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
Sold Nov 22, 2002
$560,000
$425,000 by Tryst Co Of New Jersey
Mortgage
26 Maple Terrace has been categorized by the local assessors in Millburn, NJ as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The building has a total of 2 stories. In addition, 26 Maple Terrace has 2,569 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 1,550 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 10,228 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. 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 Maple Terrace sold most recently in Jun 21, 2021 for a total of $1,129,000. If you work out the math, that's approximately a cost of $439.47 per sqft. Before that, the property was also sold for $560,000 in Oct 25, 2002. 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 $16,512 in taxes each year. 26 Maple Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $849,800. If we break it down further, the land itself was valued at $485,300. Improvements to the property, however, were assessed at a total of $364,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,228
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,569
  • Building Area: 2,569
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,569
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HUMAN JURGENS
  • Current Owner 2: YOUNG CLAIRE
  • Previous Owner : BARRY KEVIN M
  • Previous Owner 2: BARRY GAIL H
  • Owner Before Previous Owner: NAGPAL AJAY
  • Ownership Rights Codes: Husband and wife
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 12
  • Parcel: 12 00210-0000-00015
  • Block: 210
  • Lot: 15
  • Municipality: MILLBURN TWP
  • Latitude: 40.7295
  • Longitude: -74.2876

    Address

  • Full Address: 26 Maple Ter
  • Address - House Number: 26
  • Address - Street Name: Maple
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Millburn
  • Carrier Code: C008
  • 4-Digit Zip Code: 2019
  • Zip Code: 07041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,512

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,200,591
  • High Value: 1,463,169
  • Low Value: 938,013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $903,200
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 12, 2021
  • First Open Lien Mortgage Loan Amount: $903,200
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $849,800
  • Market Land Value: $485,300
  • Market Improvement Value: $364,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $849,800
  • Assessed Land Value: $485,300
  • Assessed Improvements Value: $364,500

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Transaction ID: 11860566291
  • Current Sale Price: $1,129,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021083596
  • Previous Sale Recording Date: Nov 22, 2002
  • Previous Sale Contract Date: Oct 25, 2002
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 12, 2021
  • First Mortgage Loan Amount: $903,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TRYST CO OF NEW JERSEY
  • Previous Mortgage Transaction Date: Nov 22, 2002
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 26 Maple Terrace located in?
The 26 Maple Terrace is a located in the neighborhood of Essex in Essex, Millburn.
What is the average sales price for listings in 26 Maple Terrace?
The average sales price for units in 26 Maple Terrace is $0 currently.

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