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41 Fairview Avenue

41 Fairview Avenue, New Providence, NJ 07974
Property in Union
Sold May 24, 2021
$1,125,000
$822,000 by Weichert Financial Services
Mortgage Due May 01, 2051
Sold May 03, 2018
$980,000
$680,000 by Hsbc Bank Usa
Mortgage Due May 01, 2048
41 Fairview Avenue in New Providence, NJ was first built in 1910 and is 114 years old. This has been categorized as a residential property type. There are a total of 2 floors. 41 Fairview Avenue has 3,756 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. In total, the area measurement of the land is 13,112 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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. The property was last sold in Feb 24, 2021 for $1,125,000. That's $299.52 per sqft. Prior to that sales transaction, the property was also sold in Apr 17, 2018 for $980,000. 41 Fairview Avenue was last assessed in 2023. The total value of the property was assessed at $491,700. Specifically, the land the property is located on was valued at $104,400. While improvements on the property were assessed at a total of $387,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $24,619. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,112
  • Total Building Area: 3,756
  • Building Area: 3,756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,756
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAO PADMAJA
  • Previous Owner : ELMES STEVEN
  • Previous Owner 2: CHARBONNEAU CATHERINE
  • Owner Before Previous Owner: 41 FAIRVIEW AVE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Providence Borough School District
  • Census Tract: 038103

Zoning

  • Zoning: R2

Geography

  • Account Number: 00201200
  • District: 11
  • Parcel: 11 00192-0000-00018
  • Block: 192
  • Lot: 18
  • Municipality: NEW PROVIDENCE BORO
  • Latitude: 40.6958
  • Longitude: -74.4192

    Address

  • Full Address: 41 Fairview Ave
  • Address - House Number: 41
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: New Providence
  • Carrier Code: C003
  • 4-Digit Zip Code: 1001
  • Zip Code: 07974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,619

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 1,411,904
  • High Value: 1,730,926
  • Low Value: 1,092,883

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,128,000
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $822,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: TOWER FCU
  • Second Open Lien Mortgage Recording Date: May 24, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $78,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 25, 2051
  • Third Open Lien Mortgage Lender: TOWER FEDERAL CREDIT UNION
  • Third Open Lien Mortgage Recording Date: May 20, 2022
  • Third Open Lien Mortgage Loan Amount: $228,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jun 25, 2052

    Market Valuation

  • Market Total Value: $491,700
  • Market Land Value: $104,400
  • Market Improvement Value: $387,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,700
  • Assessed Land Value: $104,400
  • Assessed Improvements Value: $387,300

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836464735
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5013
  • Previous Sale Recording Date: May 03, 2018
  • Previous Sale Contract Date: Apr 17, 2018
  • Previous Sale Amount: $980,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $822,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HSBC BANK USA
  • Previous Mortgage Transaction Date: May 03, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $680,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2048

About New Providence



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Frequently Asked Questions

What neighborhood is 41 Fairview Avenue located in?
The 41 Fairview Avenue is a located in the neighborhood of Union in New Providence, New Providence.
What is the average sales price for listings in 41 Fairview Avenue?
The average sales price for units in 41 Fairview Avenue is $0 currently.

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