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577 Mountain Avenue

577 Mountain Avenue, Caldwell, NJ 07006
Property in Essex
Sold Jan 15, 1997
$209,000
$200,000 by Crosscountry Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Jul 14, 1989
$550,000
577 Mountain Avenue has been categorized by the local assessors in Caldwell, 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, 577 Mountain Avenue has 3,044 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 2,188 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 21,875 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 underground or in the basement for those who require parking. 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, 577 Mountain Avenue sold most recently in Dec 1, 1996 for a total of $209,000. If you work out the math, that's approximately a cost of $68.66 per sqft. Before that, the property was also sold for $550,000 in Jun 15, 1989. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $17,336 in taxes each year. 577 Mountain Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $795,600. If we break it down further, the land itself was valued at $272,000. Improvements to the property, however, were assessed at a total of $523,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,875
  • Lot Size Depth Feet: 2,188
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,044
  • Building Area: 3,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.502
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCCARTHY MATTHEW
  • Current Owner 2: WERNER STACEY
  • Previous Owner : NAHIRNY MICHAEL
  • Owner Before Previous Owner: CUSSEN JACK D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Caldwell Borough School District
  • Census Tract: 021602

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 14
  • District: 15
  • Parcel: 15 01405-0000-00004
  • Block: 1405
  • Lot: 4
  • Municipality: NORTH CALDWELL TWP
  • Latitude: 40.8705
  • Longitude: -74.2468

    Address

  • Full Address: 577 Mountain Ave
  • Address - House Number: 577
  • Address - Street Name: Mountain
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Caldwell
  • Carrier Code: C012
  • 4-Digit Zip Code: 4568
  • Zip Code: 07006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,336

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,020,825
  • High Value: 1,239,762
  • Low Value: 801,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $795,600
  • Market Land Value: $272,000
  • Market Improvement Value: $523,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $795,600
  • Assessed Land Value: $272,000
  • Assessed Improvements Value: $523,600

    Sales

  • Current Sale Contract Date: Dec 01, 1996
  • Current Sale Recording Date: Jan 15, 1997
  • Current Sale Transaction ID: 1191898126
  • Current Sale Price: $209,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 14, 1989
  • Previous Sale Contract Date: Jun 15, 1989
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Jan 15, 1997
  • First Mortgage Loan Amount: $149,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About North Caldwell



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Frequently Asked Questions

What neighborhood is 577 Mountain Avenue located in?
The 577 Mountain Avenue is a located in the neighborhood of Essex in North Caldwell, Caldwell.
What is the average sales price for listings in 577 Mountain Avenue?
The average sales price for units in 577 Mountain Avenue is $0 currently.

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