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672 Prospect Street

672 Prospect Street, Maplewood, NJ 07040
Property in Essex
Sold Sep 21, 1998
$3,018,500
$175,750 by Summit Bank
Mortgage
Sold May 22, 1991
$135,000
672 Prospect Street in Maplewood, NJ was first built in 1921 and is 103 years old. This has been categorized as a residential property type. There are a total of 2 floors. 672 Prospect Street has 1,833 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 1,500. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. For those who need parking, there is a 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. 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, 672 Prospect Street was last sold in Jan 1, 1970 for $3,018,500. According to our calculations, that's $1,646.75 per sqft. Prior to that sales transaction, the property was sold for $135,000 in May 20, 1991. Current property owners are expected to pay $17,609 in taxes per year. The property on 672 Prospect Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $499,400. To break that down further, the land itself was valued at $292,500. While improvements to the property were assessed at a total of $206,900. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,833
  • Building Area: 1,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,833
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FLANAGAN JOHN
  • Current Owner 2: FLANAGAN ROSE
  • Previous Owner : JOHNSON MATTHEW
  • Owner Before Previous Owner: WOOD DONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019800

Geography

  • Assessors Map Reference: TAX MAP 18
  • Account Number: 05150
  • District: 11
  • Parcel: 11 00028- 02-00068
  • Block: 28.02
  • Lot: 68
  • Municipality: MAPLEWOOD TWP
  • Latitude: 40.7246
  • Longitude: -74.2702

    Address

  • Full Address: 672 Prospect St
  • Address - House Number: 672
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Maplewood
  • Carrier Code: C027
  • 4-Digit Zip Code: 2704
  • Zip Code: 07040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,609

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 822,925
  • High Value: 999,419
  • Low Value: 646,431

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $277,650
  • First Open Lien Mortgage Lender: SUMMIT BANK
  • First Open Lien Mortgage Recording Date: Sep 21, 1998
  • First Open Lien Mortgage Loan Amount: $175,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: VALLEY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Mar 26, 2012
  • Second Open Lien Mortgage Loan Amount: $101,900
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone First
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2027

    Market Valuation

  • Market Total Value: $499,400
  • Market Land Value: $292,500
  • Market Improvement Value: $206,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $499,400
  • Assessed Land Value: $292,500
  • Assessed Improvements Value: $206,900

    Sales

  • Current Sale Recording Date: Sep 21, 1998
  • Current Sale Transaction ID: 1095415574
  • Current Sale Price: $3,018,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 22, 1991
  • Previous Sale Contract Date: May 20, 1991
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT BANK
  • First Mortgage Transaction Date: Sep 21, 1998
  • First Mortgage Loan Amount: $175,750
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 672 Prospect Street located in?
The 672 Prospect Street is a located in the neighborhood of Essex in Essex, Maplewood.
What is the average sales price for listings in 672 Prospect Street?
The average sales price for units in 672 Prospect Street is $0 currently.

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