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38 Hillside Avenue

38 Hillside Avenue, Chatham, NJ 07928
Property in Morris
Sold Mar 08, 2022
$1,417,500
Sold Mar 08, 2021
$515,000
$840,000 by Unity Bank
Mortgage Due Dec 16, 2022
Local assessors in Chatham, NJ have categorized 38 Hillside Avenue as a residential type of property. The home was built in 1902 and is 122 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 38 Hillside Avenue has a total of 1,478 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. The property was last sold in Jan 27, 2022 for $1,417,500. That's $959.07 per sqft. Prior to that sales transaction, the property was also sold in Dec 16, 2020 for $515,000. 38 Hillside Avenue was last assessed in 2023. The total value of the property was assessed at $1,460,200. Specifically, the land the property is located on was valued at $437,500. While improvements on the property were assessed at a total of $1,022,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,692. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1902
  • Effective Year Built: 1902
  • 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: 1,478
  • Building Area: 1,478
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,478
  • 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 : SANCHEZ JOSE F
  • Current Owner 2: CABRALES MARTHA C
  • Previous Owner : JAG CONSTRUCTION SERVICES LLC
  • Owner Before Previous Owner: HALLIDAY GRANT
  • Owner Before Previous Owner 2: HALLIDAY ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 042700

Zoning

  • Zoning: R-4

Geography

  • Account Number: 40357004
  • District: 04
  • Parcel: 04 00122-0000-00009
  • Block: 122
  • Lot: 9
  • Municipality: CHATHAM BORO
  • Latitude: 40.7386
  • Longitude: -74.3805

    Address

  • Full Address: 38 Hillside Ave
  • Address - House Number: 38
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C019
  • 4-Digit Zip Code: 2340
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,692

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 826,616
  • High Value: 955,733
  • Low Value: 697,499

    Market Valuation

  • Market Total Value: $1,359,844
  • Market Land Value: $407,432
  • Market Improvement Value: $952,412

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,460,200
  • Assessed Land Value: $437,500
  • Assessed Improvements Value: $1,022,700

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Transaction ID: 11882828370
  • Current Sale Price: $1,417,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 18470
  • Previous Sale Recording Date: Mar 08, 2021
  • Previous Sale Contract Date: Dec 16, 2020
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 08, 2022
  • First Mortgage Loan Amount: $1,275,615
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITY BANK
  • Previous Mortgage Transaction Date: Mar 08, 2021
  • Previous Mortgage Loan Amount: $840,000
  • Previous Mortgage Term: 20
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 16, 2022

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Frequently Asked Questions

What neighborhood is 38 Hillside Avenue located in?
The 38 Hillside Avenue is a located in the neighborhood of Morris in Chatham, Chatham.
What is the average sales price for listings in 38 Hillside Avenue?
The average sales price for units in 38 Hillside Avenue is $0 currently.

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