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38 Elm Court

38 Elm Court, South Orange, NJ 07079
Property in Essex
Sold Oct 09, 2020
$681,612
$510,400 by New Jersey Lenders Corp
Mortgage Due Oct 01, 2050
Sold May 18, 2012
$526,600
$350,000 by De Capital Mortgage Llc
Mortgage Due Jun 01, 2042
38 Elm Court in South Orange, NJ was first built in 1921 and is 103 years old. This has been categorized as a residential property type. There are a total of 2 floors. 38 Elm Court has 2,012 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 9,191 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 38 Elm Court was last sold in Sep 29, 2020 for $681,612. According to our calculations, that's $338.77 per sqft. Prior to that sales transaction, the property was sold for $526,600 in May 10, 2012. Current property owners are expected to pay $18,882 in taxes per year. The property on 38 Elm Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $538,400. To break that down further, the land itself was valued at $266,300. While improvements to the property were assessed at a total of $272,100. 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. 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.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: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,191
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HENRY REID
  • Current Owner 2: FRECHETTE JILLIAN
  • Previous Owner : LEE DAVID N
  • Previous Owner 2: LEE GREGORY DINA
  • Owner Before Previous Owner: PALOMO SAUL
  • Owner Before Previous Owner 2: PORTFOLIO MELISSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019100

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 19
  • Parcel: 19 00903-0000-00026
  • Block: 903
  • Lot: 26
  • Municipality: SOUTH ORANGE VILLAGE TW
  • Latitude: 40.7458
  • Longitude: -74.2469

    Address

  • Full Address: 38 Elm Ct
  • Address - House Number: 38
  • Address - Street Name: Elm
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: South Orange
  • Carrier Code: C004
  • 4-Digit Zip Code: 2319
  • Zip Code: 07079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,882

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 72
  • Final Value: 853,463
  • High Value: 1,028,733
  • Low Value: 678,193

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $570,400
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: NORTHFIELD BANK
  • Second Open Lien Mortgage Recording Date: Aug 08, 2023
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 300
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $538,400
  • Market Land Value: $266,300
  • Market Improvement Value: $272,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $538,400
  • Assessed Land Value: $266,300
  • Assessed Improvements Value: $272,100

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11793806862
  • Current Sale Price: $681,612
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020100011
  • Previous Sale Recording Date: May 18, 2012
  • Previous Sale Contract Date: May 10, 2012
  • Previous Sale Amount: $526,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DE CAPITAL MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 18, 2012
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2042

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 38 Elm Court located in?
The 38 Elm Court is a located in the neighborhood of Essex in Essex, South Orange.
What is the average sales price for listings in 38 Elm Court?
The average sales price for units in 38 Elm Court is $0 currently.

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