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60 Park Avenue

60 Park Avenue, Teaneck, NJ 07666
Property in Bergen
Sold Jan 05, 2021
$371,999
$365,261 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Mar 17, 2016
Transfer
Local assessors in Teaneck, NJ have categorized 60 Park Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 5,998 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 60 Park Avenue has a total of 916 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 attached 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 brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 60 Park Avenue sold most recently in Sep 25, 2020 for a total of $371,999. If you work out the math, that's approximately a cost of $406.11 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 $9,219 in taxes each year. 60 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $284,800. If we break it down further, the land itself was valued at $185,800. Improvements to the property, however, were assessed at a total of $99,000. 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: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 916
  • Building Area: 916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MORALES EDWARDO
  • Current Owner 2: MORALES ELIANA
  • Previous Owner : PENNYMAC LOAN SERVICES LLC
  • Owner Before Previous Owner: SHERIFF OF BERGEN COUNTY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Teaneck Township School District
  • Census Tract: 054601

Zoning

  • Zoning: RS

Geography

  • Account Number: 034601
  • District: 60
  • Parcel: 60 03414-0000-00003
  • Block: 3414
  • Lot: 3
  • Municipality: TEANECK TWP
  • Latitude: 40.8666
  • Longitude: -74.0201

    Address

  • Full Address: 60 Park Ave
  • Address - House Number: 60
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Teaneck
  • Carrier Code: C008
  • 4-Digit Zip Code: 3868
  • Zip Code: 07666

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,219

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 509,088
  • High Value: 607,674
  • Low Value: 410,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,261
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 05, 2021
  • First Open Lien Mortgage Loan Amount: $365,261
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $284,800
  • Market Land Value: $185,800
  • Market Improvement Value: $99,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,800
  • Assessed Land Value: $185,800
  • Assessed Improvements Value: $99,000

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Transaction ID: 11814848537
  • Current Sale Price: $371,999
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21-001121
  • Previous Sale Recording Date: Mar 17, 2016
  • Previous Sale Contract Date: Jan 18, 2016
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 05, 2021
  • First Mortgage Loan Amount: $365,261
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

About Bergen



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Frequently Asked Questions

What neighborhood is 60 Park Avenue located in?
The 60 Park Avenue is a located in the neighborhood of Bergen in Bergen, Teaneck.
What is the average sales price for listings in 60 Park Avenue?
The average sales price for units in 60 Park Avenue is $0 currently.

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