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5 Bay Street

5 Bay Street, Glen Ridge, NJ 07028
Property in Essex
Local assessors in Glen Ridge, NJ have categorized 5 Bay Street as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 3,425 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 250 ft. If we look only at the heated or air conditioned part of the building, then 5 Bay Street has a total of 1,440 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. The property was last sold in Jan 31, 2007 for $321,000. That's $222.92 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 1995 for $91,000. 5 Bay Street was last assessed in 2022. The total value of the property was assessed at $428,200. Specifically, the land the property is located on was valued at $263,200. While improvements on the property were assessed at a total of $165,000. 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 $14,101. The initial tax year of delinquency was in 2018. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201225
12/25/2020
Loft
1 Bath
-
$2,200
bedrooms
Loft
bathrooms
1 Bath
-
05/18/2021
-
Gary Martin

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,425
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DEFABRIZIO RICHARD DE
  • Previous Owner : DECHAVEZ ELENITA
  • Owner Before Previous Owner: BURGESS CHRISTINE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Glen Ridge Borough School District
  • Census Tract: 016000

Zoning

  • Zoning: B

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 08
  • Parcel: 08 00090-0000-00002
  • Block: 90
  • Lot: 2
  • Municipality: GLEN RIDGE TWP
  • Latitude: 40.81
  • Longitude: -74.2053

    Address

  • Full Address: 5 Bay St
  • Address - House Number: 5
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Glen Ridge
  • Carrier Code: C005
  • 4-Digit Zip Code: 1505
  • Zip Code: 07028

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,101
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 608,499
  • High Value: 750,432
  • Low Value: 466,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,000
  • First Open Lien Mortgage Lender: HABIB AMERICAN BANK
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $370,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $428,200
  • Market Land Value: $263,200
  • Market Improvement Value: $165,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $428,200
  • Assessed Land Value: $263,200
  • Assessed Improvements Value: $165,000

    Sales

  • Current Sale Contract Date: Jan 31, 2007
  • Current Sale Recording Date: Mar 14, 2007
  • Current Sale Transaction ID: 1191849847
  • Current Sale Price: $321,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 05, 1995
  • Previous Sale Contract Date: Apr 28, 1995
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Mar 14, 2007
  • First Mortgage Loan Amount: $256,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: AMER WHOLESALE LENDER
  • Previous Mortgage Transaction Date: May 05, 1995
  • Previous Mortgage Loan Amount: $82,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Glen Ridge



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5 Bay Street located in?
The 5 Bay Street is a other located in the neighborhood of Essex in Glen Ridge, Glen Ridge.
What is the average sales price for listings in 5 Bay Street?
The average sales price for units in 5 Bay Street is $2,000 currently.

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