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29 Colonial Terrace

29 Colonial Terrace, East Orange, NJ 07017
Property in Essex
Sold Jul 07, 2004
$249,900
$189,000 by Countrywide Home Loans
Mortgage
Sold Nov 22, 2003
$87,300
Local assessors in East Orange, NJ have categorized 29 Colonial Terrace as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 7,789 square feet. The linear feet between the front and back of the lot was measured at 1,900 ft and the front of the lot was measured at 410 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29 Colonial Terrace has a total of 2,515 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. 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 frame control joints. The property was last sold in Feb 27, 2004 for $249,900. That's $99.36 per sqft. Prior to that sales transaction, the property was also sold in Oct 21, 2003 for $87,300. 29 Colonial Terrace was last assessed in 2022. The total value of the property was assessed at $418,300. Specifically, the land the property is located on was valued at $98,500. While improvements on the property were assessed at a total of $319,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $12,156. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,789
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,515
  • Building Area: 2,515
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,515
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NELSON NERRICK
  • Current Owner 2: LESLIE SIMONE
  • Previous Owner : NEW MONMOUTH ASSOC
  • Owner Before Previous Owner: US BANK NATIONAL ASSOC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Orange City School District
  • Census Tract: 010000

Geography

  • Assessors Map Reference: TAX MAP 1-3
  • Account Number: 00760331
  • District: 05
  • Parcel: 05 00870-0000-00010
  • Block: 870
  • Lot: 10
  • Municipality: EAST ORANGE CITY
  • Latitude: 40.7829
  • Longitude: -74.2113

    Address

  • Full Address: 29 Colonial Ter
  • Address - House Number: 29
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: East Orange
  • Carrier Code: C045
  • 4-Digit Zip Code: 2103
  • Zip Code: 07017

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,156

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 524,630
  • High Value: 637,148
  • Low Value: 412,112

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $396,071
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS
  • First Open Lien Mortgage Recording Date: Jul 07, 2004
  • First Open Lien Mortgage Loan Amount: $189,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Oct 14, 2022
  • Second Open Lien Mortgage Loan Amount: $207,071
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $418,300
  • Market Land Value: $98,500
  • Market Improvement Value: $319,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $418,300
  • Assessed Land Value: $98,500
  • Assessed Improvements Value: $319,800

    Sales

  • Current Sale Contract Date: Feb 27, 2004
  • Current Sale Recording Date: Jul 07, 2004
  • Current Sale Transaction ID: 1191847605
  • Current Sale Price: $249,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 22, 2003
  • Previous Sale Contract Date: Oct 21, 2003
  • Previous Sale Amount: $87,300
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS
  • First Mortgage Transaction Date: Jul 07, 2004
  • First Mortgage Loan Amount: $189,000
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 29 Colonial Terrace located in?
The 29 Colonial Terrace is a located in the neighborhood of Essex in East Orange, East Orange.
What is the average sales price for listings in 29 Colonial Terrace?
The average sales price for units in 29 Colonial Terrace is $0 currently.

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