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42 Cypress Street

42 Cypress Street, Millburn, NJ 07041
House in Essex
Sold Jan 21, 2021
$789,000
$389,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2051
Sold Mar 30, 2011
$515,000
$360,500 by Fifth Third Mortgage Co
Mortgage Due Feb 01, 2041
Local assessors in Millburn, NJ have categorized 42 Cypress Street as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 5,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 42 Cypress Street has a total of 1,272 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 42 Cypress Street was last sold in Dec 14, 2020 for $789,000. According to our calculations, that's $620.28 per sqft. Prior to that sales transaction, the property was sold for $515,000 in Jan 12, 2011. Current property owners are expected to pay $11,188 in taxes per year. The property on 42 Cypress Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $575,800. To break that down further, the land itself was valued at $375,500. While improvements to the property were assessed at a total of $200,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JIANG PENG
  • Current Owner 2: LI JIN
  • Previous Owner : POBINER LARRY J
  • Previous Owner 2: POBINER JULIA M
  • Owner Before Previous Owner: BACKHOUSE NEIL
  • Owner Before Previous Owner 2: BACKHOUSE BONNIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 12
  • Parcel: 12 00404-0000-00012
  • Block: 404
  • Lot: 12
  • Municipality: MILLBURN TWP
  • Latitude: 40.7249
  • Longitude: -74.2881

    Address

  • Full Address: 42 Cypress St
  • Address - House Number: 42
  • Address - Street Name: Cypress
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Millburn
  • Carrier Code: C006
  • 4-Digit Zip Code: 1923
  • Zip Code: 07041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,188

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 834,953
  • High Value: 1,017,563
  • Low Value: 652,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $389,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 21, 2021
  • First Open Lien Mortgage Loan Amount: $389,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $575,800
  • Market Land Value: $375,500
  • Market Improvement Value: $200,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $575,800
  • Assessed Land Value: $375,500
  • Assessed Improvements Value: $200,300

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11816985458
  • Current Sale Price: $789,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021007686
  • Previous Sale Recording Date: Mar 30, 2011
  • Previous Sale Contract Date: Jan 12, 2011
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 21, 2021
  • First Mortgage Loan Amount: $389,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Mar 30, 2011
  • Previous Mortgage Loan Amount: $360,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2041

About Essex



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Frequently Asked Questions

What neighborhood is 42 Cypress Street located in?
The 42 Cypress Street is a house located in the neighborhood of Essex in Essex, Millburn.
What is the average sales price for listings in 42 Cypress Street?
The average sales price for units in 42 Cypress Street is $0 currently.

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