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5 The Arbors

5 The Arbors, New Providence, NJ 07974
Property in Union
Sold Aug 03, 2015
$440,000
$280,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2045
Sold Aug 21, 2000
$359,900
5 The Arbors in New Providence, NJ was first built in 1998 and is 26 years old. This has been categorized as a residential property type. 5 The Arbors has 2,600 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 46,783 square feet.

Learn more about the property and building on this page. 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, 5 The Arbors was last sold in Jul 31, 2015 for $440,000. According to our calculations, that's $169.23 per sqft. Prior to that sales transaction, the property was sold for $359,900 in Jul 31, 2000. Current property owners are expected to pay $12,327 in taxes per year. The property on 5 The Arbors was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $246,200. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $211,200. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 46,783
  • Total Building Area: 2,600
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.074
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHEN AMY
  • Current Owner 2: CHEN JOHN
  • Previous Owner : SKRABAL ELEANOR L
  • Owner Before Previous Owner: THE ARBORS AT MURRAY HILL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Providence Borough School District
  • Census Tract: 038104

Geography

  • District: 11
  • Parcel: 11 00234-0000-00013- 05
  • Block: 234
  • Lot: 13.05
  • Municipality: NEW PROVIDENCE BORO
  • Latitude: 40.6993
  • Longitude: -74.4011

    Address

  • Full Address: 5 The Arbors
  • Address - House Number: 5
  • Address - Street Name: The Arbors
  • State: NJ
  • City Name: New Providence
  • Carrier Code: C006
  • 4-Digit Zip Code: 1994
  • Zip Code: 07974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,327

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 849,659
  • High Value: 1,037,405
  • Low Value: 661,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2015
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $246,200
  • Market Land Value: $35,000
  • Market Improvement Value: $211,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,200
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $211,200

    Sales

  • Current Sale Contract Date: Jul 31, 2015
  • Current Sale Recording Date: Aug 03, 2015
  • Current Sale Transaction ID: 1485455227
  • Current Sale Price: $440,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 263917
  • Previous Sale Recording Date: Aug 21, 2000
  • Previous Sale Contract Date: Jul 31, 2000
  • Previous Sale Amount: $359,900
  • Previous Sale Document Type: Condominium Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 03, 2015
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 5 The Arbors located in?
The 5 The Arbors is a located in the neighborhood of Union in New Providence, New Providence.
What is the average sales price for listings in 5 The Arbors?
The average sales price for units in 5 The Arbors is $0 currently.

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