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420 Beech Avenue

420 Beech Avenue, Garwood, NJ 07027
Property in Union
Sold Jul 15, 2021
$370,000
$296,000 by New Jersey Lenders Corp
Mortgage Due Jul 01, 2051
Sold Aug 07, 2017
$310,000
$304,385 by Quicken Loans Inc
Mortgage Due Aug 01, 2047
420 Beech Avenue in Garwood, NJ was first built in 1951 and is 73 years old. This has been categorized as a residential property type. It is a single story home. 420 Beech Avenue has 925 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 400 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 3,999 square feet.

Learn more about the property and building on this page. 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. 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, 420 Beech Avenue sold most recently in Jun 3, 2021 for a total of $370,000. If you work out the math, that's approximately a cost of $400.00 per sqft. Before that, the property was also sold for $310,000 in Jul 13, 2017. 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 $7,717 in taxes each year. 420 Beech Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $285,400. If we break it down further, the land itself was valued at $170,000. Improvements to the property, however, were assessed at a total of $115,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PAL SHIINA S
  • Current Owner 2: CHEN CHUNLIANG
  • Previous Owner : KOVACS CHRISTINA
  • Previous Owner 2: LAPRETA JOSEPH
  • Owner Before Previous Owner: CHELLAND MICHAEL J
  • Owner Before Previous Owner 2: CHELLAND MELISSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Garwood Borough School District
  • Census Tract: 036900

Geography

  • Account Number: 46600
  • District: 06
  • Parcel: 06 00411-0000-00021
  • Block: 411
  • Lot: 21
  • Municipality: GARWOOD BORO
  • Latitude: 40.6476
  • Longitude: -74.3254

    Address

  • Full Address: 420 Beech Ave
  • Address - House Number: 420
  • Address - Street Name: Beech
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Garwood
  • Carrier Code: C002
  • 4-Digit Zip Code: 1406
  • Zip Code: 07027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,717

    Appraisal Valuation

  • Standard Deviation: 0.2402
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 495,664
  • High Value: 614,737
  • Low Value: 376,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $296,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $285,400
  • Market Land Value: $170,000
  • Market Improvement Value: $115,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,400
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $115,400

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11843774332
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6987
  • Previous Sale Recording Date: Aug 07, 2017
  • Previous Sale Contract Date: Jul 13, 2017
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Aug 07, 2017
  • Previous Mortgage Loan Amount: $304,385
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Garwood



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Frequently Asked Questions

What neighborhood is 420 Beech Avenue located in?
The 420 Beech Avenue is a located in the neighborhood of Union in Garwood, Garwood.
What is the average sales price for listings in 420 Beech Avenue?
The average sales price for units in 420 Beech Avenue is $0 currently.

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