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63 Prospect Street

63 Prospect Street, Nutley, NJ 07110
Property in Essex
Sold May 05, 2021
$455,000
$430,000 by New Jersey Lenders Corp
Mortgage Due May 01, 2051
Sold Dec 14, 2006
$440,000
$352,000 by Phh Home Loans Llc
Mortgage Due Dec 01, 2036
63 Prospect Street in Nutley, NJ was first built in 1961 and is 63 years old. This has been categorized as a residential property type. 63 Prospect Street has 1,582 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 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,001 square feet.

Learn more about the property and building on this page. 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, 63 Prospect Street was last sold in Mar 10, 2021 for $455,000. According to our calculations, that's $287.61 per sqft. Prior to that sales transaction, the property was sold for $440,000 in Nov 20, 2006. Current property owners are expected to pay $10,286 in taxes per year. The property on 63 Prospect Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $266,200. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $176,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,582
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,582
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GANDHI PRIYA
  • Current Owner 2: GANDHI ZIL
  • Previous Owner : KIM STEVE D
  • Previous Owner 2: KIM KWANGSOOK
  • Owner Before Previous Owner: MAFFUCCI GINA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Nutley Town School District
  • Census Tract: 013900

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 88
  • District: 16
  • Parcel: 16 08801-0000-00004
  • Block: 8801
  • Lot: 4
  • Municipality: NUTLEY TWP
  • Latitude: 40.811
  • Longitude: -74.1697

    Address

  • Full Address: 63 Prospect St
  • Address - House Number: 63
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Nutley
  • Carrier Code: C026
  • 4-Digit Zip Code: 3153
  • Zip Code: 07110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,286

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 523,768
  • High Value: 644,993
  • Low Value: 402,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $430,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $266,200
  • Market Land Value: $90,000
  • Market Improvement Value: $176,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $266,200
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $176,200

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11836606130
  • Current Sale Price: $455,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021056883
  • Previous Sale Recording Date: Dec 14, 2006
  • Previous Sale Contract Date: Nov 20, 2006
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Dec 14, 2006
  • Previous Mortgage Loan Amount: $352,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Essex



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 63 Prospect Street located in?
The 63 Prospect Street is a located in the neighborhood of Essex in Essex, Nutley.
What is the average sales price for listings in 63 Prospect Street?
The average sales price for units in 63 Prospect Street is $0 currently.

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