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54 Oakridge Road

54 Oakridge Road, Verona, NJ 07044
Property in Essex
Sold Dec 03, 2020
$1,351,000
$1,080,800 by Guaranteed Rate Affinity Llc
Mortgage Due Dec 01, 2050
Sold Sep 03, 2008
$500,000
$417,000 by Hudson City Savings Bank
Mortgage Due Sep 01, 2038
54 Oakridge Road has been categorized by the local assessors in Verona, NJ as a residential type of property. The building on the property was first built in 1952 and is 72 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 54 Oakridge Road has 1,590 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 1,750 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 13,125 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 is one available parking space. 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, 54 Oakridge Road was last sold in Nov 5, 2020 for $1,351,000. According to our calculations, that's $849.69 per sqft. Prior to that sales transaction, the property was sold for $500,000 in Aug 6, 2008. Current property owners are expected to pay $29,583 in taxes per year. The property on 54 Oakridge Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $988,400. To break that down further, the land itself was valued at $286,400. While improvements to the property were assessed at a total of $702,000. 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. 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. 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: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,125
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SACHS JEFFREY
  • Current Owner 2: SACHS LAUREN
  • Previous Owner : SUN HARRY
  • Previous Owner 2: GRAY SONIA
  • Owner Before Previous Owner: WILLIAMS HAROLD E
  • Owner Before Previous Owner 2: DUNLEAVY MARY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Verona Borough School District
  • Census Tract: 021000

Geography

  • Assessors Map Reference: TAX MAP 22
  • District: 20
  • Parcel: 20 02206-0000-00032
  • Block: 2206
  • Lot: 32
  • Municipality: VERONA TWP
  • Latitude: 40.8313
  • Longitude: -74.2589

    Address

  • Full Address: 54 Oakridge Rd
  • Address - House Number: 54
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Verona
  • Carrier Code: C042
  • 4-Digit Zip Code: 1116
  • Zip Code: 07044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,583

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,161,077
  • High Value: 1,412,272
  • Low Value: 909,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,080,800
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $1,080,800
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $988,400
  • Market Land Value: $286,400
  • Market Improvement Value: $702,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $988,400
  • Assessed Land Value: $286,400
  • Assessed Improvements Value: $702,000

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Transaction ID: 11814133796
  • Current Sale Price: $1,351,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020120439
  • Previous Sale Recording Date: Sep 03, 2008
  • Previous Sale Contract Date: Aug 06, 2008
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Dec 03, 2020
  • First Mortgage Loan Amount: $1,080,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Sep 03, 2008
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2038

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Frequently Asked Questions

What neighborhood is 54 Oakridge Road located in?
The 54 Oakridge Road is a located in the neighborhood of Essex in Essex, Verona.
What is the average sales price for listings in 54 Oakridge Road?
The average sales price for units in 54 Oakridge Road is $0 currently.

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