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64 Elmwood Avenue

64 Elmwood Avenue, Montclair, NJ 07042
Multifamily in Essex
Sold Aug 14, 2020
$749,000
$735,433 by Loandepot.com Llc
Mortgage Due Aug 01, 2050
Sold Jan 27, 2016
$510,000
Local assessors in Montclair, NJ have categorized 64 Elmwood Avenue as a residential type of property. The home was built in 1905 and is 119 years old. The property's lot size has been calculated to be 5,201 square feet. The linear feet between the front and back of the lot was measured at 1,040 ft and the front of the lot was measured at 500 ft. 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 64 Elmwood Avenue has a total of 2,642 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 garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 frame control joints. Lots of concrete block were used in the construction of the exterior walls of the home. 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, 64 Elmwood Avenue was last sold in Jul 31, 2020 for $749,000. According to our calculations, that's $283.50 per sqft. Prior to that sales transaction, the property was sold for $510,000 in Dec 18, 2015. Current property owners are expected to pay $15,572 in taxes per year. The property on 64 Elmwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $473,600. To break that down further, the land itself was valued at $126,000. While improvements to the property were assessed at a total of $347,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,201
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,642
  • Building Area: 2,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 48-A,4

Ownership

  • Current Owner : COUVIELOS JUSTINE
  • Current Owner 2: PASCALI NICHOLAS
  • Previous Owner : DINEEN ANTHONY BERSANI
  • Previous Owner 2: MAZERALL LAUREN
  • Owner Before Previous Owner: 64 ELMWOOD AVE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 017100

Zoning

  • Zoning: R2

Geography

  • District: 13
  • Parcel: 13 03004-0000-00003
  • Block: 3004
  • Lot: 3
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8065
  • Longitude: -74.2155

    Address

  • Full Address: 64 Elmwood Ave
  • Address - House Number: 64
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C009
  • 4-Digit Zip Code: 4508
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,572

    Appraisal Valuation

  • Standard Deviation: 0.2217
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 937,633
  • High Value: 1,145,581
  • Low Value: 729,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $735,433
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $735,433
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $473,600
  • Market Land Value: $126,000
  • Market Improvement Value: $347,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $473,600
  • Assessed Land Value: $126,000
  • Assessed Improvements Value: $347,600

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11787565949
  • Current Sale Price: $749,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020078166
  • Previous Sale Recording Date: Jan 27, 2016
  • Previous Sale Contract Date: Dec 18, 2015
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $735,433
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 64 Elmwood Avenue located in?
The 64 Elmwood Avenue is a multifamily located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 64 Elmwood Avenue?
The average sales price for units in 64 Elmwood Avenue is $0 currently.

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