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40 Garfield Avenue

40 Garfield Avenue, East Hanover, NJ 07936
Property in Morris
Sold Oct 26, 2020
$565,000
$452,000 by Jersey Mortgage Co
Mortgage Due Oct 01, 2050
Sold Jun 26, 2014
$515,000
$412,000 by Pinnacle Mortgage Inc
Mortgage Due Jul 01, 2044
40 Garfield Avenue in East Hanover, NJ was first built in 1977 and is 47 years old. This has been categorized as a residential property type. It is a single story home. 40 Garfield Avenue has 2,088 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 1,000. In total, the area measurement of the land is 10,001 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. 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, 40 Garfield Avenue was last sold in Sep 25, 2020 for $565,000. According to our calculations, that's $270.59 per sqft. Prior to that sales transaction, the property was sold for $515,000 in Jun 12, 2014. Current property owners are expected to pay $7,759 in taxes per year. The property on 40 Garfield Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $311,000. To break that down further, the land itself was valued at $163,500. While improvements to the property were assessed at a total of $147,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DAGRO PETER
  • Current Owner 2: DAGRO STACEY
  • Previous Owner : FEDE JOSEPH
  • Previous Owner 2: FEDE ASHLEY
  • Owner Before Previous Owner: SAYETTE LAWRENCE J
  • Owner Before Previous Owner 2: SAYETTE KIMBERLY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Hanover Township School District
  • Census Tract: 041901

Zoning

  • Zoning: R-10

Geography

  • Account Number: 00300430
  • District: 10
  • Parcel: 10 00050-0000-00003
  • Block: 50
  • Lot: 3
  • Municipality: EAST HANOVER TWP
  • Latitude: 40.8229
  • Longitude: -74.3592

    Address

  • Full Address: 40 Garfield Ave
  • Address - House Number: 40
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: East Hanover
  • Carrier Code: C012
  • 4-Digit Zip Code: 2947
  • Zip Code: 07936

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,759

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 736,499
  • High Value: 889,627
  • Low Value: 583,371

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: JERSEY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 26, 2020
  • First Open Lien Mortgage Loan Amount: $452,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $433,087
  • Market Land Value: $227,684
  • Market Improvement Value: $205,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,000
  • Assessed Land Value: $163,500
  • Assessed Improvements Value: $147,500

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Transaction ID: 11801820271
  • Current Sale Price: $565,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020075370
  • Previous Sale Recording Date: Jun 26, 2014
  • Previous Sale Contract Date: Jun 12, 2014
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: Transfer on Death Deed

    Last Sale Mortgage

  • First Mortgage Lender: JERSEY MORTGAGE CO
  • First Mortgage Transaction Date: Oct 26, 2020
  • First Mortgage Loan Amount: $452,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 26, 2014
  • Previous Mortgage Loan Amount: $412,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Morris



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Frequently Asked Questions

What neighborhood is 40 Garfield Avenue located in?
The 40 Garfield Avenue is a located in the neighborhood of Morris in Morris, East Hanover.
What is the average sales price for listings in 40 Garfield Avenue?
The average sales price for units in 40 Garfield Avenue is $0 currently.

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