Check Availability

50 Montview Avenue

50 Montview Avenue, Short Hills, NJ 07078
Property in Essex
Sold Aug 10, 2021
$2,500,000
$2,000,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2051
Sold Jun 26, 2013
$1,730,000
Local assessors in Short Hills, NJ have categorized 50 Montview Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 28,327 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 50 Montview Avenue has a total of 5,202 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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 Montview Avenue sold most recently in Jul 11, 2021 for a total of $2,500,000. If you work out the math, that's approximately a cost of $480.58 per sqft. Before that, the property was also sold for $1,730,000 in Jun 7, 2013. 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 $33,517 in taxes each year. 50 Montview Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,725,000. If we break it down further, the land itself was valued at $907,000. Improvements to the property, however, were assessed at a total of $818,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 28,327
  • Total Building Area: 5,202
  • Building Area: 5,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.65
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GHELFI HOLLY KEYSER
  • Current Owner 2: GHELFI SAMUELE
  • Previous Owner : SINGHVI JYOTI
  • Previous Owner 2: SINGHVI SHRI
  • Owner Before Previous Owner: SEROTA LYNN
  • Owner Before Previous Owner 2: SEROTA MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 15
  • District: 12
  • Parcel: 12 01502-0000-00034
  • Block: 1502
  • Lot: 34
  • Municipality: MILLBURN TWP
  • Latitude: 40.73
  • Longitude: -74.3216

    Address

  • Full Address: 50 Montview Ave
  • Address - House Number: 50
  • Address - Street Name: Montview
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C006
  • 4-Digit Zip Code: 2035
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,517

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 2,380,450
  • High Value: 2,893,432
  • Low Value: 1,867,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $1,725,000
  • Market Land Value: $907,000
  • Market Improvement Value: $818,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,725,000
  • Assessed Land Value: $907,000
  • Assessed Improvements Value: $818,000

    Sales

  • Current Sale Contract Date: Jul 11, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11850598477
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021098063
  • Previous Sale Recording Date: Jun 26, 2013
  • Previous Sale Contract Date: Jun 07, 2013
  • Previous Sale Amount: $1,730,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Short Hills



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 368 Hartshorn Drive, Millburn, NJ, 07078

$35,000 /mo

  • 8 Beds
  • 8 Baths
368 Hartshorn Drive, Millburn, NJ, 07078 Listing by RHP Realty New Jersey

Frequently Asked Questions

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

Quantcast