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30 Lowell Terrace

30 Lowell Terrace, Bloomfield, NJ 07003
Property in Essex
Sold Aug 25, 2017
$499,000
$399,200 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2047
Sold Jun 13, 2014
Transfer
30 Lowell Terrace has been categorized by the local assessors in Bloomfield, NJ as a residential type of property. The building on the property was first built in 1942 and is 82 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 30 Lowell Terrace has 1,825 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 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,999 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, 30 Lowell Terrace sold most recently in Aug 18, 2017 for a total of $499,000. If you work out the math, that's approximately a cost of $273.42 per sqft. 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 $16,202 in taxes each year. 30 Lowell Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $506,000. If we break it down further, the land itself was valued at $240,400. Improvements to the property, however, were assessed at a total of $265,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,825
  • Building Area: 1,825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ODOWD KEVIN
  • Current Owner 2: MURPHY CAITLIN
  • Previous Owner : OSBUN ERIC S
  • Previous Owner 2: OSBUN ANN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomfield Township School District
  • Census Tract: 014800

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 02
  • Parcel: 02 01054-0000-00033
  • Block: 1054
  • Lot: 33
  • Municipality: BLOOMFIELD TWP
  • Latitude: 40.8295
  • Longitude: -74.1902

    Address

  • Full Address: 30 Lowell Ter
  • Address - House Number: 30
  • Address - Street Name: Lowell
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Bloomfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2926
  • Zip Code: 07003

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,202

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 671,372
  • High Value: 815,362
  • Low Value: 527,382

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $399,200
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 25, 2017
  • First Open Lien Mortgage Loan Amount: $399,200
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $506,000
  • Market Land Value: $240,400
  • Market Improvement Value: $265,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $506,000
  • Assessed Land Value: $240,400
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Transaction ID: 11393487146
  • Current Sale Price: $499,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017075621
  • Previous Sale Recording Date: Jun 13, 2014
  • Previous Sale Contract Date: Jun 13, 2014
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 25, 2017
  • First Mortgage Loan Amount: $399,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About Brookdale



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Frequently Asked Questions

What neighborhood is 30 Lowell Terrace located in?
The 30 Lowell Terrace is a located in the neighborhood of Essex in Brookdale, Bloomfield.
What is the average sales price for listings in 30 Lowell Terrace?
The average sales price for units in 30 Lowell Terrace is $0 currently.

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