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627 Inwood Lane

627 Inwood Lane, South Orange, NJ 07079
Property in Essex
Sold Dec 23, 2021
$1,160,000
$670,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2037
Sold Jun 25, 2013
$745,000
627 Inwood Lane in South Orange, NJ was first built in 1979 and is 45 years old. This has been categorized as a residential property type. There are a total of 2 floors. 627 Inwood Lane has 2,883 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 850 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 21,388 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Dec 8, 2021 for $1,160,000. That's $402.36 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2013 for $745,000. 627 Inwood Lane was last assessed in 2022. The total value of the property was assessed at $901,000. Specifically, the land the property is located on was valued at $387,700. While improvements on the property were assessed at a total of $513,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $31,598. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,388
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,883
  • Building Area: 2,883
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,883
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.491
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HUSSAIN ZAHID
  • Previous Owner : WEINTRAUB LYLE
  • Owner Before Previous Owner: WOLF CARL
  • Owner Before Previous Owner 2: WOLF MARION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019000

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 19
  • Parcel: 19 01503-0000-00043
  • Block: 1503
  • Lot: 43
  • Municipality: SOUTH ORANGE VILLAGE TW
  • Latitude: 40.7574
  • Longitude: -74.2742

    Address

  • Full Address: 627 Inwood Ln
  • Address - House Number: 627
  • Address - Street Name: Inwood
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: South Orange
  • Carrier Code: C016
  • 4-Digit Zip Code: 1107
  • Zip Code: 07079

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $31,598

    Appraisal Valuation

  • Standard Deviation: 0.2131
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,262,571
  • High Value: 1,531,626
  • Low Value: 993,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $670,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $670,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $901,000
  • Market Land Value: $387,700
  • Market Improvement Value: $513,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $901,000
  • Assessed Land Value: $387,700
  • Assessed Improvements Value: $513,300

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11876807725
  • Current Sale Price: $1,160,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021150672
  • Previous Sale Recording Date: Jun 25, 2013
  • Previous Sale Contract Date: May 24, 2013
  • Previous Sale Amount: $745,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $670,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2037

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Frequently Asked Questions

What neighborhood is 627 Inwood Lane located in?
The 627 Inwood Lane is a located in the neighborhood of Essex in Essex, South Orange.
What is the average sales price for listings in 627 Inwood Lane?
The average sales price for units in 627 Inwood Lane is $0 currently.

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