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50 Great Oak Drive

50 Great Oak Drive, Short Hills, NJ 07078
Property in Essex
Sold Jun 05, 1996
$417,000
$334,000 by Penn Fedl
Mortgage
Sold Nov 16, 1992
$396,000
50 Great Oak Drive has been categorized by the local assessors in Short Hills, NJ as a residential type of property. The building on the property was first built in 1946 and is 78 years old. The building has a total of 2 stories. In addition, 50 Great Oak Drive has 2,588 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 1,410 ft and across the front of the lot is 1,020 ft. The area measurement of the land has been determined as 14,998 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 are a total of 2 available parking spaces. 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. 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, 50 Great Oak Drive sold most recently in May 29, 1996 for a total of $417,000. If you work out the math, that's approximately a cost of $161.13 per sqft. Before that, the property was also sold for $396,000 in Nov 2, 1992. 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 $21,993 in taxes each year. 50 Great Oak Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,131,900. If we break it down further, the land itself was valued at $735,700. Improvements to the property, however, were assessed at a total of $396,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,998
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,588
  • Building Area: 2,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,588
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GOLDSTEIN ROBERT
  • Current Owner 2: LEWINTER DONNA
  • Previous Owner : LIVINGSTON GEORGE
  • Owner Before Previous Owner: GINTY EDWARD F
  • Owner Before Previous Owner 2: GINTY JANET P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020000

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 12
  • Parcel: 12 01606-0000-00008
  • Block: 1606
  • Lot: 8
  • Municipality: MILLBURN TWP
  • Latitude: 40.7248
  • Longitude: -74.3173

    Address

  • Full Address: 50 Great Oak Dr
  • Address - House Number: 50
  • Address - Street Name: Great Oak
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C020
  • 4-Digit Zip Code: 3425
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,993

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 1,546,592
  • High Value: 1,908,326
  • Low Value: 1,184,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $334,000
  • First Open Lien Mortgage Lender: PENN FEDL
  • First Open Lien Mortgage Recording Date: Jun 05, 1996
  • First Open Lien Mortgage Loan Amount: $334,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $1,131,900
  • Market Land Value: $735,700
  • Market Improvement Value: $396,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,131,900
  • Assessed Land Value: $735,700
  • Assessed Improvements Value: $396,200

    Sales

  • Current Sale Contract Date: May 29, 1996
  • Current Sale Recording Date: Jun 05, 1996
  • Current Sale Transaction ID: 1164997489
  • Current Sale Price: $417,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 16, 1992
  • Previous Sale Contract Date: Nov 02, 1992
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENN FEDL
  • First Mortgage Transaction Date: Jun 05, 1996
  • First Mortgage Loan Amount: $334,000
  • First Mortgage Terms: 360

About Short Hills



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Frequently Asked Questions

What neighborhood is 50 Great Oak Drive located in?
The 50 Great Oak Drive is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 50 Great Oak Drive?
The average sales price for units in 50 Great Oak Drive is $0 currently.

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