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27 Gibbs Drive

27 Gibbs Drive, Wayne, NJ 07470
Property in Passaic
Sold Mar 05, 1999
$375,000
$280,000 by Bank Of America
Mortgage Due Apr 01, 2029
27 Gibbs Drive in Wayne, NJ was first built in 1982 and is 42 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 colonial style. 27 Gibbs Drive has 3,108 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 15,769 square feet.

Learn more about the property and building on this page. 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, 27 Gibbs Drive was last sold in Mar 2, 1999 for $375,000. According to our calculations, that's $120.66 per sqft. Current property owners are expected to pay $15,871 in taxes per year. The property on 27 Gibbs Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $280,700. To break that down further, the land itself was valued at $118,900. While improvements to the property were assessed at a total of $161,800. 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. 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!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: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Building Style: Colonial
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,769
  • Total Building Area: 3,108
  • Building Area: 3,108
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,108
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.362
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JACOBS ALLAN R
  • Current Owner 2: JACOBS MICHELLE R
  • Previous Owner : BUSHOVEN GLENN E
  • Previous Owner 2: BUSHOVEN LAUREN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246201

Zoning

  • Zoning: R-B

Geography

  • District: 14
  • Parcel: 14 02607-0000-00013
  • Block: 2607
  • Lot: 13
  • Municipality: WAYNE TWP
  • Latitude: 40.9628
  • Longitude: -74.2555

    Address

  • Full Address: 27 Gibbs Dr
  • Address - House Number: 27
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C047
  • 4-Digit Zip Code: 4144
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,871

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 74
  • Final Value: 809,820
  • High Value: 965,471
  • Low Value: 654,169

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Mar 05, 1999
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2029
  • Second Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: May 08, 2013
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $105,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $280,700
  • Market Land Value: $118,900
  • Market Improvement Value: $161,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $280,700
  • Assessed Land Value: $118,900
  • Assessed Improvements Value: $161,800

    Sales

  • Current Sale Contract Date: Mar 02, 1999
  • Current Sale Recording Date: Mar 05, 1999
  • Current Sale Transaction ID: 1131679881
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: T40738

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Mar 05, 1999
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2029

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Frequently Asked Questions

What neighborhood is 27 Gibbs Drive located in?
The 27 Gibbs Drive is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 27 Gibbs Drive?
The average sales price for units in 27 Gibbs Drive is $0 currently.

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