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3 Mill Street

3 Mill Street, Fairfield, NJ 07004
Property in Essex
Sold Apr 20, 2021
$995,000
$597,000 by Loandepot.com Llc
Mortgage Due Mar 01, 2036
Sold Dec 02, 2014
$305,745
3 Mill Street has been categorized by the local assessors in Fairfield, NJ as a residential type of property. The building on the property was first built in 2016 and is 8 years old. In addition, 3 Mill Street has 3,363 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 1,800 ft and across the front of the lot is 1,990 ft. The area measurement of the land has been determined as 35,819 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. 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, 3 Mill Street sold most recently in Feb 18, 2021 for a total of $995,000. If you work out the math, that's approximately a cost of $295.87 per sqft. Before that, the property was also sold for $305,745 in Nov 6, 2014. 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 $17,202 in taxes each year. 3 Mill Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $858,800. If we break it down further, the land itself was valued at $351,500. Improvements to the property, however, were assessed at a total of $507,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 35,819
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,990
  • Total Building Area: 3,363
  • Building Area: 3,363
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,363
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.822
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NAIR NARENDRAN
  • Current Owner 2: NAIR ANITA
  • Previous Owner : BANAS ZENON
  • Previous Owner 2: BANAS GRAZYNA
  • Owner Before Previous Owner: BRUNNER ROBERT
  • Owner Before Previous Owner 2: BRUNNER ANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Fairfield Township School District
  • Census Tract: 021601

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 07
  • Parcel: 07 02002-0000-00002- 02
  • Block: 2002
  • Lot: 2.02
  • Municipality: FAIRFIELD TWP
  • Latitude: 40.862
  • Longitude: -74.271

    Address

  • Full Address: 3 Mill St
  • Address - House Number: 3
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Fairfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 3825
  • Zip Code: 07004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,202

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,105,546
  • High Value: 1,347,338
  • Low Value: 863,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $597,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $597,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $858,800
  • Market Land Value: $351,500
  • Market Improvement Value: $507,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $858,800
  • Assessed Land Value: $351,500
  • Assessed Improvements Value: $507,300

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11837758752
  • Current Sale Price: $995,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021049325
  • Previous Sale Recording Date: Dec 02, 2014
  • Previous Sale Contract Date: Nov 06, 2014
  • Previous Sale Amount: $305,745
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $597,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2036

About Essex



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Frequently Asked Questions

What neighborhood is 3 Mill Street located in?
The 3 Mill Street is a located in the neighborhood of Essex in Essex, Fairfield.
What is the average sales price for listings in 3 Mill Street?
The average sales price for units in 3 Mill Street is $0 currently.

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