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552 Hillside Terrace

552 Hillside Terrace, West Orange, NJ 07052
Property in Essex
Sold Jan 27, 2021
$491,000
$391,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2050
Sold Aug 14, 2018
$395,000
$385,582 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2047
Local assessors in West Orange, NJ have categorized 552 Hillside Terrace 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 6,322 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 580 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 552 Hillside Terrace has a total of 1,892 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 is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 552 Hillside Terrace was last sold in Nov 8, 2020 for $491,000. According to our calculations, that's $259.51 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Jun 28, 2018. Current property owners are expected to pay $10,227 in taxes per year. The property on 552 Hillside Terrace was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $230,500. To break that down further, the land itself was valued at $132,400. While improvements to the property were assessed at a total of $98,100. 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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,322
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NEWTON ANGELA G
  • Current Owner 2: NOBILE LUKE
  • Previous Owner : PARLAPIANO CHRISTINA
  • Previous Owner 2: PARLAPIANO ROBERT
  • Owner Before Previous Owner: BERMAN JIHRA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: West Orange Town School District
  • Census Tract: 017900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 22
  • Parcel: 22 00001-0000-00018
  • Block: 1
  • Lot: 18
  • Municipality: WEST ORANGE TWP
  • Latitude: 40.7606
  • Longitude: -74.2547

    Address

  • Full Address: 552 Hillside Ter
  • Address - House Number: 552
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: West Orange
  • Carrier Code: C048
  • 4-Digit Zip Code: 4306
  • Zip Code: 07052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,227

    Appraisal Valuation

  • Standard Deviation: 0.2492
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 64
  • Final Value: 611,748
  • High Value: 764,219
  • Low Value: 459,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $391,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 27, 2021
  • First Open Lien Mortgage Loan Amount: $391,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $230,500
  • Market Land Value: $132,400
  • Market Improvement Value: $98,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $230,500
  • Assessed Land Value: $132,400
  • Assessed Improvements Value: $98,100

    Sales

  • Current Sale Contract Date: Nov 08, 2020
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Transaction ID: 11817993715
  • Current Sale Price: $491,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021010618
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 27, 2021
  • First Mortgage Loan Amount: $391,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 14, 2018
  • Previous Mortgage Loan Amount: $385,582
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 552 Hillside Terrace located in?
The 552 Hillside Terrace is a located in the neighborhood of Essex in Essex, West Orange.
What is the average sales price for listings in 552 Hillside Terrace?
The average sales price for units in 552 Hillside Terrace is $0 currently.

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