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37 Yale Terrace

37 Yale Terrace, West Orange, NJ 07052
Property in Essex
Sold Jun 17, 2021
$600,000
$579,405 by Broker Solutions Inc
Mortgage Due Jul 01, 2051
Local assessors in West Orange, NJ have categorized 37 Yale Terrace as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 7,501 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 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 37 Yale Terrace has a total of 1,496 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 garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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, 37 Yale Terrace sold most recently in May 17, 2021 for a total of $600,000. If you work out the math, that's approximately a cost of $401.07 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 $14,340 in taxes each year. 37 Yale Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $323,200. If we break it down further, the land itself was valued at $165,000. Improvements to the property, however, were assessed at a total of $158,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DICKERSON MAURICE
  • Current Owner 2: DICKERSON NATALIE
  • Previous Owner : CUTHBERT ELLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: West Orange Town School District
  • Census Tract: 017900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: TAX MAP 8
  • District: 22
  • Parcel: 22 00041- 03-00069
  • Block: 41.03
  • Lot: 69
  • Municipality: WEST ORANGE TWP
  • Latitude: 40.7649
  • Longitude: -74.2575

    Address

  • Full Address: 37 Yale Ter
  • Address - House Number: 37
  • Address - Street Name: Yale
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: West Orange
  • Carrier Code: C066
  • 4-Digit Zip Code: 4419
  • Zip Code: 07052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,340

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 569,481
  • High Value: 691,619
  • Low Value: 447,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $579,405
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $579,405
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $323,200
  • Market Land Value: $165,000
  • Market Improvement Value: $158,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,200
  • Assessed Land Value: $165,000
  • Assessed Improvements Value: $158,200

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11842985503
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021075489

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $579,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 37 Yale Terrace located in?
The 37 Yale Terrace is a located in the neighborhood of Essex in Essex, West Orange.
What is the average sales price for listings in 37 Yale Terrace?
The average sales price for units in 37 Yale Terrace is $0 currently.

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