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39 Welsh Road

39 Welsh Road, Essex Fells, NJ 07021
Property in Essex
Sold Mar 07, 2022
$1,295,000
$400,000 by Nj Lenders Corp
Mortgage Due Mar 01, 2042
Sold Aug 18, 2021
$738,000
$1,000,000 by Big Apple Properties Limited L
Mortgage
39 Welsh Road in Essex Fells, NJ was first built in 1930 and is 94 years old. This has been categorized as a residential property type. 39 Welsh Road has 3,435 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 1,300 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 18,199 square feet.

Learn more about the property and building on this page. 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, 39 Welsh Road sold most recently in Feb 1, 2022 for a total of $1,295,000. If you work out the math, that's approximately a cost of $377.00 per sqft. Before that, the property was also sold for $738,000 in Jul 26, 2021. 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 $23,182 in taxes each year. 39 Welsh Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,059,500. If we break it down further, the land itself was valued at $567,000. Improvements to the property, however, were assessed at a total of $492,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,199
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,435
  • Building Area: 3,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.418
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROSENZWEIG JOEL
  • Previous Owner : 39 WELSH LLC
  • Owner Before Previous Owner: CRAWFORD ANNA V
  • Owner Before Previous Owner 2: TRUST CREATED UNDER LAST WILL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Essex Fells Borough School District
  • Census Tract: 020901

Geography

  • Assessors Map Reference: TAX MAP 12
  • District: 06
  • Parcel: 06 00012- 03-00002
  • Block: 12.03
  • Lot: 2
  • Municipality: ESSEX FELLS TWP
  • Latitude: 40.8234
  • Longitude: -74.2877

    Address

  • Full Address: 39 Welsh Rd
  • Address - House Number: 39
  • Address - Street Name: Welsh
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Essex Fells
  • Carrier Code: C004
  • 4-Digit Zip Code: 1209
  • Zip Code: 07021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,182

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 66
  • Final Value: 1,235,185
  • High Value: 1,528,968
  • Low Value: 941,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: NJ LENDERS CORP
  • First Open Lien Mortgage Recording Date: Mar 07, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $1,059,500
  • Market Land Value: $567,000
  • Market Improvement Value: $492,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,059,500
  • Assessed Land Value: $567,000
  • Assessed Improvements Value: $492,500

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Mar 07, 2022
  • Current Sale Transaction ID: 11882742408
  • Current Sale Price: $1,295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21787
  • Previous Sale Recording Date: Aug 18, 2021
  • Previous Sale Contract Date: Jul 26, 2021
  • Previous Sale Amount: $738,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NJ LENDERS CORP
  • First Mortgage Transaction Date: Mar 07, 2022
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: BIG APPLE PROPERTIES LIMITED L
  • Previous Mortgage Transaction Date: Aug 18, 2021
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Essex Fells



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Frequently Asked Questions

What neighborhood is 39 Welsh Road located in?
The 39 Welsh Road is a located in the neighborhood of Essex in Essex Fells, Essex Fells.
What is the average sales price for listings in 39 Welsh Road?
The average sales price for units in 39 Welsh Road is $0 currently.

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