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54 Elm Street

54 Elm Street, Florham Park, NJ 07932
Property in Morris
Sold Jul 30, 2012
$437,000
$420,281 by United Wholesale Mortgage
Mortgage Due Aug 01, 2042
Local assessors in Florham Park, NJ have categorized 54 Elm Street as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 97,161 square feet. The linear feet between the front and back of the lot was measured at 6,940 ft and the front of the lot was measured at 1,400 ft. 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 54 Elm Street has a total of 1,624 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 2 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, 54 Elm Street sold most recently in Jul 2, 2012 for a total of $437,000. If you work out the math, that's approximately a cost of $269.09 per sqft. 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 $10,286 in taxes each year. 54 Elm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $643,700. If we break it down further, the land itself was valued at $470,000. Improvements to the property, however, were assessed at a total of $173,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 97,161
  • Lot Size Depth Feet: 6,940
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.231
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OSORIO JESUS A
  • Current Owner 2: OSORIO HOMER
  • Previous Owner : KAISER JOHN PETER
  • Previous Owner 2: KRISS AMY JEAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Florham Park Borough School District
  • Census Tract: 042601

Zoning

  • Zoning: R-25

Geography

  • District: 11
  • Parcel: 11 01601-0000-00004
  • Block: 1601
  • Lot: 4
  • Municipality: FLORHAM PARK BORO
  • Latitude: 40.7877
  • Longitude: -74.4066

    Address

  • Full Address: 54 Elm St
  • Address - House Number: 54
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Florham Park
  • Carrier Code: C026
  • 4-Digit Zip Code: 1603
  • Zip Code: 07932

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,286

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 755,017
  • High Value: 885,036
  • Low Value: 624,998

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $517,132
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 30, 2012
  • First Open Lien Mortgage Loan Amount: $420,281
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Apr 11, 2022
  • Second Open Lien Mortgage Loan Amount: $65,071
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2042
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Jan 10, 2024
  • Third Open Lien Mortgage Loan Amount: $31,780
  • Third Open Lien Mortgage Term: 222
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Aug 01, 2042

    Market Valuation

  • Market Total Value: $681,452
  • Market Land Value: $497,565
  • Market Improvement Value: $183,887

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $643,700
  • Assessed Land Value: $470,000
  • Assessed Improvements Value: $173,700

    Sales

  • Current Sale Contract Date: Jul 02, 2012
  • Current Sale Recording Date: Jul 30, 2012
  • Current Sale Transaction ID: 11475439553
  • Current Sale Price: $437,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012057606

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 30, 2012
  • First Mortgage Loan Amount: $420,281
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2042

About Florham Park



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Frequently Asked Questions

What neighborhood is 54 Elm Street located in?
The 54 Elm Street is a located in the neighborhood of Morris in Florham Park, Florham Park.
What is the average sales price for listings in 54 Elm Street?
The average sales price for units in 54 Elm Street is $0 currently.

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