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40 Claremont Drive

40 Claremont Drive, Maplewood, NJ 07040
Property in Essex
Sold Oct 26, 2007
$615,000
$417,000 by Citimortgage Inc
Mortgage Due Nov 01, 2037
40 Claremont Drive has been categorized by the local assessors in Maplewood, NJ as a residential type of property. The building on the property was first built in 1927 and is 97 years old. The building has a total of 2 stories. In addition, 40 Claremont Drive has 2,381 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,020 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,139 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 40 Claremont Drive sold most recently in Oct 11, 2007 for a total of $615,000. If you work out the math, that's approximately a cost of $258.29 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 $21,918 in taxes each year. 40 Claremont Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $621,600. If we break it down further, the land itself was valued at $368,900. Improvements to the property, however, were assessed at a total of $252,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1927
  • Effective Year Built: 1927
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,139
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,381
  • Building Area: 2,381
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,381
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KAHN CHOONG SIK STEVEN
  • Current Owner 2: KAHN ELIZABETH E
  • Previous Owner : ROTHSCHILD BEVERLY JOAN
  • Previous Owner 2: ROTHSCHILD WILLIAM B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019400

Geography

  • Assessors Map Reference: TAX MAP 5
  • Account Number: 00940
  • District: 11
  • Parcel: 11 00008- 10-00156
  • Block: 8.10
  • Lot: 156
  • Municipality: MAPLEWOOD TWP
  • Latitude: 40.739
  • Longitude: -74.2811

    Address

  • Full Address: 40 Claremont Dr
  • Address - House Number: 40
  • Address - Street Name: Claremont
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Maplewood
  • Carrier Code: C005
  • 4-Digit Zip Code: 2120
  • Zip Code: 07040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,918

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 983,020
  • High Value: 1,198,330
  • Low Value: 767,710

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $817,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 26, 2007
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2037
  • Second Open Lien Mortgage Lender: WEST TOWN SAVINGS BANK
  • Second Open Lien Mortgage Recording Date: Nov 02, 2012
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2027

    Market Valuation

  • Market Total Value: $621,600
  • Market Land Value: $368,900
  • Market Improvement Value: $252,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $621,600
  • Assessed Land Value: $368,900
  • Assessed Improvements Value: $252,700

    Sales

  • Current Sale Contract Date: Oct 11, 2007
  • Current Sale Recording Date: Oct 26, 2007
  • Current Sale Transaction ID: 1122194641
  • Current Sale Price: $615,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 7130463

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Oct 26, 2007
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2037
  • Second Mortgage Lender: CITIBANK NA
  • Second Mortgage Transaction Date: Oct 26, 2007
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $82,950
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)

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Frequently Asked Questions

What neighborhood is 40 Claremont Drive located in?
The 40 Claremont Drive is a located in the neighborhood of Essex in Essex, Maplewood.
What is the average sales price for listings in 40 Claremont Drive?
The average sales price for units in 40 Claremont Drive is $0 currently.

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