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7 Forest Road

7 Forest Road, Maplewood, NJ 07040
Property in Essex
Sold Oct 29, 2010
$425,000
$205,000 by Homestead Funding Corp.
Mortgage Due Apr 01, 2054
Sold Jan 16, 2008
$505,000
$252,500 by Hudson City Savings Bank
Mortgage Due Feb 01, 2023
7 Forest Road in Maplewood, NJ was first built in 1959 and is 65 years old. This has been categorized as a residential property type. It is a single story home. 7 Forest Road has 1,766 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 710 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 9,230 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. 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, 7 Forest Road sold most recently in Oct 14, 2010 for a total of $425,000. If you work out the math, that's approximately a cost of $240.66 per sqft. Before that, the property was also sold for $505,000 in Jan 10, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $16,801 in taxes each year. 7 Forest Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $476,500. If we break it down further, the land itself was valued at $241,500. Improvements to the property, however, were assessed at a total of $235,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,230
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,766
  • Building Area: 1,766
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAURIE ETIENNE P
  • Current Owner 2: LAURIE KIMBERLY
  • Previous Owner : SHEPARD CAROLEE R
  • Owner Before Previous Owner: WEEMS DAVID
  • Owner Before Previous Owner 2: REZENDE WEEMS MARCIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Orange-Maplewood School District
  • Census Tract: 019600

Geography

  • Assessors Map Reference: TAX MAP 23
  • Account Number: 01850
  • District: 11
  • Parcel: 11 00033- 01-00304- 02
  • Block: 33.01
  • Lot: 304.02
  • Municipality: MAPLEWOOD TWP
  • Latitude: 40.7261
  • Longitude: -74.2581

    Address

  • Full Address: 7 Forest Rd
  • Address - House Number: 7
  • Address - Street Name: Forest
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Maplewood
  • Carrier Code: C029
  • 4-Digit Zip Code: 2309
  • Zip Code: 07040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,801

    Appraisal Valuation

  • Standard Deviation: 0.2152
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 788,619
  • High Value: 958,377
  • Low Value: 618,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: HOMESTEAD FUNDING CORP.
  • First Open Lien Mortgage Recording Date: Mar 12, 2024
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: Apr 01, 2054

    Market Valuation

  • Market Total Value: $476,500
  • Market Land Value: $241,500
  • Market Improvement Value: $235,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $476,500
  • Assessed Land Value: $241,500
  • Assessed Improvements Value: $235,000

    Sales

  • Current Sale Contract Date: Oct 14, 2010
  • Current Sale Recording Date: Oct 29, 2010
  • Current Sale Transaction ID: 11474606964
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10081010
  • Previous Sale Recording Date: Jan 16, 2008
  • Previous Sale Contract Date: Jan 10, 2008
  • Previous Sale Amount: $505,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY CREDIT CORPORAT
  • First Mortgage Transaction Date: Oct 29, 2010
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Jan 16, 2008
  • Previous Mortgage Loan Amount: $252,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2023

About Essex



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Frequently Asked Questions

What neighborhood is 7 Forest Road located in?
The 7 Forest Road is a located in the neighborhood of Essex in Essex, Maplewood.
What is the average sales price for listings in 7 Forest Road?
The average sales price for units in 7 Forest Road is $0 currently.

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