Check Availability

4 Forest Terrace

4 Forest Terrace, Wayne, NJ 07470
Property in Passaic
Sold Dec 19, 1997
$155,000
$77,500 by King Mtg Corp
Mortgage Due Dec 01, 2027
4 Forest Terrace has been categorized by the local assessors in Wayne, NJ as a residential type of property. The building on the property was first built in 1929 and is 95 years old. In addition, 4 Forest Terrace has 1,510 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 4 Forest Terrace sold most recently in Nov 21, 1997 for a total of $155,000. If you work out the math, that's approximately a cost of $102.65 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 $7,457 in taxes each year. 4 Forest Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $169,700. If we break it down further, the land itself was valued at $95,500. Improvements to the property, however, were assessed at a total of $74,200. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 0
  • Building Style: Cape Cod
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 1,510
  • Building Area: 1,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,510
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OLIPHANT WILMA J
  • Current Owner 2: OLIPHANT JAMES D
  • Previous Owner : ROCHE RITA
  • Previous Owner 2: BABER ELLEN F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township School District
  • Census Tract: 246202

Geography

  • District: 14
  • Parcel: 14 01703-0000-00011
  • Block: 1703
  • Lot: 11
  • Municipality: WAYNE TWP
  • Latitude: 40.9352
  • Longitude: -74.2466

    Address

  • Full Address: 4 Forest Ter
  • Address - House Number: 4
  • Address - Street Name: Forest
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Wayne
  • Carrier Code: C005
  • 4-Digit Zip Code: 4309
  • Zip Code: 07470

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,457

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Dec 07, 2022
  • Confidence Score: 74
  • Final Value: 497,597
  • High Value: 592,621
  • Low Value: 402,572

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,500
  • First Open Lien Mortgage Lender: KING MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 19, 1997
  • First Open Lien Mortgage Loan Amount: $77,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2027

    Market Valuation

  • Market Total Value: $169,700
  • Market Land Value: $95,500
  • Market Improvement Value: $74,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $169,700
  • Assessed Land Value: $95,500
  • Assessed Improvements Value: $74,200

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 1997
  • Current Sale Recording Date: Dec 19, 1997
  • Current Sale Transaction ID: 1131674489
  • Current Sale Price: $155,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: S27303

    Last Sale Mortgage

  • First Mortgage Lender: KING MTG CORP
  • First Mortgage Transaction Date: Dec 19, 1997
  • First Mortgage Loan Amount: $77,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2027

About Passaic



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1360 Hamburg Tpke, Wayne Twp., NJ, 07470

$2,950 /mo

  • 2 Beds
  • 1 Bath
1360 Hamburg Tpke #9, Wayne Twp., NJ, 07470 Listing by MICHELLE LOHSE
Unit for rent at 167 Newark Pompton Turnpike, Pequannock Township, NJ, 07440

$3,300 /mo

  • 2 Beds
  • 2 Baths
167 Newark Pompton Turnpike #203, Pequannock Township, NJ, 07440 Listing by RHP Realty New Jersey

Frequently Asked Questions

What neighborhood is 4 Forest Terrace located in?
The 4 Forest Terrace is a located in the neighborhood of Passaic in Passaic, Wayne.
What is the average sales price for listings in 4 Forest Terrace?
The average sales price for units in 4 Forest Terrace is $0 currently.

Quantcast