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438 Elmwood Terrace

438 Elmwood Terrace, Linden, NJ 07036
Property in Union
Sold Apr 20, 2006
$335,000
$301,500 by Countrywide Bank Fsb
Mortgage Due May 01, 2036
438 Elmwood Terrace has been categorized by the local assessors in Linden, NJ as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The building has a total of 2 stories. In addition, 438 Elmwood Terrace has 780 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 square feet.

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 garage for those who require parking. According to our sources, there is one available parking space. 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, 438 Elmwood Terrace was last sold in Apr 18, 2006 for $335,000. According to our calculations, that's $429.49 per sqft. Current property owners are expected to pay $9,395 in taxes per year. The property on 438 Elmwood Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $136,600. To break that down further, the land itself was valued at $62,500. While improvements to the property were assessed at a total of $74,100. 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. 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.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: 1948
  • Effective Year Built: 1948
  • 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: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 780
  • 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
  • Legal Description 1: ADDITIONAL LOTS: 199,2710B/2712,2726A

Ownership

  • Current Owner : BONGIOVI PAUL J
  • Current Owner 2: BONGIOVI RITA A
  • Previous Owner : LEONARD DOUGLAS E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Linden City School District
  • Census Tract: 034800

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 09
  • Parcel: 09 00365-0000-00009
  • Block: 365
  • Lot: 9
  • Municipality: LINDEN CITY
  • Latitude: 40.6369
  • Longitude: -74.2792

    Address

  • Full Address: 438 Elmwood Ter
  • Address - House Number: 438
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Linden
  • Carrier Code: C029
  • 4-Digit Zip Code: 5206
  • Zip Code: 07036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,395

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 521,631
  • High Value: 643,452
  • Low Value: 399,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,500
  • First Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 20, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $301,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $136,600
  • Market Land Value: $62,500
  • Market Improvement Value: $74,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,600
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $74,100

    Sales

  • Current Sale Contract Date: Apr 18, 2006
  • Current Sale Recording Date: Apr 20, 2006
  • Current Sale Transaction ID: 1192870300
  • Current Sale Price: $335,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Apr 20, 2006
  • First Mortgage Loan Amount: $301,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 438 Elmwood Terrace located in?
The 438 Elmwood Terrace is a located in the neighborhood of Union in Linden, Linden.
What is the average sales price for listings in 438 Elmwood Terrace?
The average sales price for units in 438 Elmwood Terrace is $0 currently.

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