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260 North Avenue East

260 North Avenue East, Westfield, NJ 07090
Property in Union
Local assessors in Westfield, NJ have categorized 260 North Avenue East as a commercial type of property. The property's lot size has been calculated to be 62,726 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 260 North Avenue East has a total of 23,260 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 260 North Avenue East was last sold in Oct 13, 2021 for $19,225,000. According to our calculations, that's $826.53 per sqft. Prior to that sales transaction, the property was sold for $18,000,000 in Dec 29, 2016. Current property owners are expected to pay $193,956 in taxes per year. The property on 260 North Avenue East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $8,400,000. To break that down further, the land itself was valued at $4,332,000. While improvements to the property were assessed at a total of $4,068,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 62,726
  • Total Building Area: 23,260
  • Gross Building Area: 23,260
  • Building Area: 23,260
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 23,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 1.44
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : GREEN OAKS LLC
  • Previous Owner : 260 WESTFIELD PARTNERS LLC
  • Owner Before Previous Owner: JAM REALTY ASSOCIATION LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Westfield Town School District
  • Census Tract: 036600

Geography

  • District: 20
  • Parcel: 20 03202-0000-00002
  • Block: 3202
  • Lot: 2
  • Municipality: WESTFIELD TOWN
  • Latitude: 40.6504
  • Longitude: -74.3443

    Address

  • Full Address: 260 North Ave E
  • Address - House Number: 260
  • Street Segment Direction: E
  • Address - Street Name: North
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Westfield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1442
  • Zip Code: 07090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,956

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $13,450,000
  • First Open Lien Mortgage Lender: INVESTORS BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $13,450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 03, 2051

    Market Valuation

  • Market Total Value: $8,400,000
  • Market Land Value: $4,332,000
  • Market Improvement Value: $4,068,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,400,000
  • Assessed Land Value: $4,332,000
  • Assessed Improvements Value: $4,068,000

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11865738299
  • Current Sale Price: $19,225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11177
  • Previous Sale Recording Date: Jan 12, 2017
  • Previous Sale Contract Date: Dec 29, 2016
  • Previous Sale Amount: $18,000,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INVESTORS BANK
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $13,450,000
  • First Mortgage Loan Type: Commercial

About Westfield



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Frequently Asked Questions

What neighborhood is 260 North Avenue East located in?
The 260 North Avenue East is a located in the neighborhood of Union in Westfield, Westfield.
What is the average sales price for listings in 260 North Avenue East?
The average sales price for units in 260 North Avenue East is $0 currently.

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