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387 Mountain Avenue

387 Mountain Avenue, New Providence, NJ 07974
Property in Union
Sold Feb 04, 2004
$497,000
$322,800 by Provident Funding Associates L
Mortgage Due May 01, 2042
Sold Sep 11, 1998
$318,000
$237,000 by Pnc Mtg Corp Of America
Mortgage Due Sep 01, 2028
387 Mountain Avenue in New Providence, NJ was first built in 1962 and is 62 years old. This has been categorized as a residential property type. There are a total of 2 floors. 387 Mountain Avenue has 2,502 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 1,000 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 15,115 square feet.

Learn more about the property and building on this page. For those who need parking, there is a 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, 387 Mountain Avenue was last sold in Jan 30, 2004 for $497,000. According to our calculations, that's $198.64 per sqft. Prior to that sales transaction, the property was sold for $318,000 in Aug 28, 1998. Current property owners are expected to pay $13,381 in taxes per year. The property on 387 Mountain Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $316,700. To break that down further, the land itself was valued at $132,600. While improvements to the property were assessed at a total of $184,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1962
  • Effective Year Built: 1962
  • 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: 15,115
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,502
  • Building Area: 2,502
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,502
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.347
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAM MING
  • Current Owner 2: DILYS SO
  • Previous Owner : CARBONE JAMES
  • Owner Before Previous Owner: JILLA RUSTOM F
  • Owner Before Previous Owner 2: JILLA JENNIFER R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berkeley Heights Township School District
  • Census Tract: 038201

Zoning

  • Zoning: R20

Geography

  • District: 01
  • Parcel: 01 03802-0000-00011
  • Block: 3802
  • Lot: 11
  • Municipality: BERKELEY HEIGHTS TWP
  • Latitude: 40.6905
  • Longitude: -74.3933

    Address

  • Full Address: 387 Mountain Ave
  • Address - House Number: 387
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: New Providence
  • Carrier Code: C012
  • 4-Digit Zip Code: 2702
  • Zip Code: 07974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,381

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 825,688
  • High Value: 991,420
  • Low Value: 659,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,800
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Apr 17, 2012
  • First Open Lien Mortgage Loan Amount: $322,800
  • 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: May 01, 2042

    Market Valuation

  • Market Total Value: $316,700
  • Market Land Value: $132,600
  • Market Improvement Value: $184,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,700
  • Assessed Land Value: $132,600
  • Assessed Improvements Value: $184,100

    Sales

  • Current Sale Contract Date: Jan 30, 2004
  • Current Sale Recording Date: Feb 04, 2004
  • Current Sale Transaction ID: 1120545303
  • Current Sale Price: $497,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 11, 1998
  • Previous Sale Contract Date: Aug 28, 1998
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MLD MTG INC
  • First Mortgage Transaction Date: Feb 04, 2004
  • First Mortgage Loan Amount: $370,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: PNC MTG CORP OF AMERICA
  • Previous Mortgage Transaction Date: Sep 11, 1998
  • Previous Mortgage Loan Amount: $237,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2028

About Union



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Frequently Asked Questions

What neighborhood is 387 Mountain Avenue located in?
The 387 Mountain Avenue is a located in the neighborhood of Union in Union, New Providence.
What is the average sales price for listings in 387 Mountain Avenue?
The average sales price for units in 387 Mountain Avenue is $0 currently.

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