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40 Old Farmstead Road

40 Old Farmstead Road, Chester, NJ 07930
Property in Morris
Sold Aug 27, 2020
$760,000
$684,000 by Home Point Financial Corporati
Mortgage Due Sep 01, 2050
Sold Nov 12, 1999
$622,500
$430,000 by Hudson City Svgs Bank
Mortgage Due Nov 01, 2029
40 Old Farmstead Road has been categorized by the local assessors in Chester, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The building has a total of 2 stories. In addition, 40 Old Farmstead Road has 3,881 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 70,393 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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 Old Farmstead Road was last sold in Aug 13, 2020 for $760,000. According to our calculations, that's $195.83 per sqft. Prior to that sales transaction, the property was sold for $622,500 in Jun 18, 1999. Current property owners are expected to pay $19,038 in taxes per year. The property on 40 Old Farmstead Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $751,000. To break that down further, the land itself was valued at $405,800. While improvements to the property were assessed at a total of $345,200. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 70,393
  • Total Building Area: 3,881
  • Building Area: 3,881
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,881
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORREST HILL AT CHESTER
  • Land Acres: 1.616
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRAHAM MICHAEL J
  • Current Owner 2: MARTINEZ ANGELA
  • Previous Owner : HALLER JEFFREY
  • Previous Owner 2: HALLER KARLA
  • Owner Before Previous Owner: YUCE HAKAN H
  • Owner Before Previous Owner 2: YUCE CEYDA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Morris Regional School District
  • Census Tract: 045904

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 07
  • Parcel: 07 00032- 04-00033
  • Block: 32.04
  • Lot: 33
  • Municipality: CHESTER TWP
  • Latitude: 40.8124
  • Longitude: -74.6447

    Address

  • Full Address: 40 Old Farmstead Rd
  • Address - House Number: 40
  • Address - Street Name: Old Farmstead
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Chester
  • Carrier Code: R005
  • 4-Digit Zip Code: 2736
  • Zip Code: 07930

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,038

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 989,469
  • High Value: 1,188,899
  • Low Value: 790,040

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $684,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Loan Amount: $684,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $833,334
  • Market Land Value: $450,289
  • Market Improvement Value: $383,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $751,000
  • Assessed Land Value: $405,800
  • Assessed Improvements Value: $345,200

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11787624872
  • Current Sale Price: $760,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020058005
  • Previous Sale Recording Date: Nov 12, 1999
  • Previous Sale Contract Date: Jun 18, 1999
  • Previous Sale Amount: $622,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $684,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SVGS BANK
  • Previous Mortgage Transaction Date: Nov 12, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $430,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2029

About Morris



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Frequently Asked Questions

What neighborhood is 40 Old Farmstead Road located in?
The 40 Old Farmstead Road is a located in the neighborhood of Morris in Morris, Chester.
What is the average sales price for listings in 40 Old Farmstead Road?
The average sales price for units in 40 Old Farmstead Road is $0 currently.

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