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62 Park Avenue

62 Park Avenue, Verona, NJ 07044
Property in Essex
Sold Jan 22, 2021
$535,000
$480,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Jan 17, 1997
$187,500
62 Park Avenue in Verona, NJ was first built in 1958 and is 66 years old. This has been categorized as a residential property type. There are a total of 2 floors. 62 Park Avenue has 1,870 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 3,440. In total, the area measurement of the land is 17,890 square feet.

Learn more about the property and building on this page. 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, 62 Park Avenue sold most recently in Jan 5, 2021 for a total of $535,000. If you work out the math, that's approximately a cost of $286.10 per sqft. Before that, the property was also sold for $187,500 in Dec 31, 1996. 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 $15,444 in taxes each year. 62 Park Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $516,000. If we break it down further, the land itself was valued at $338,600. Improvements to the property, however, were assessed at a total of $177,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,890
  • Lot Size Depth Feet: 3,440
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.411
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BLACK ERIN
  • Current Owner 2: WRIGHT EDWARD
  • Previous Owner : SELL REBECCA A
  • Previous Owner 2: BOYER PHILIP
  • Owner Before Previous Owner: SINEMUS ANDREW
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Verona Borough School District
  • Census Tract: 021200

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: TAX MAP 6.01
  • District: 20
  • Parcel: 20 00612-0000-00006
  • Block: 612
  • Lot: 6
  • Municipality: VERONA TWP
  • Latitude: 40.8275
  • Longitude: -74.2424

    Address

  • Full Address: 62 Park Ave
  • Address - House Number: 62
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Verona
  • Carrier Code: C046
  • 4-Digit Zip Code: 2310
  • Zip Code: 07044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,444

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 697,839
  • High Value: 851,725
  • Low Value: 543,953

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 22, 2021
  • First Open Lien Mortgage Loan Amount: $480,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $516,000
  • Market Land Value: $338,600
  • Market Improvement Value: $177,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $516,000
  • Assessed Land Value: $338,600
  • Assessed Improvements Value: $177,400

    Sales

  • Current Sale Contract Date: Jan 05, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Transaction ID: 11816985643
  • Current Sale Price: $535,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021008583
  • Previous Sale Recording Date: Jan 17, 1997
  • Previous Sale Contract Date: Dec 31, 1996
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 22, 2021
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 62 Park Avenue located in?
The 62 Park Avenue is a located in the neighborhood of Essex in Essex, Verona.
What is the average sales price for listings in 62 Park Avenue?
The average sales price for units in 62 Park Avenue is $0 currently.

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