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7 Sherwood Lane

7 Sherwood Lane, Fairfield, NJ 07004
Property in Essex
7 Sherwood Lane in Fairfield, NJ was first built in 1910 and is 114 years old. This has been categorized as a commercial property type. 7 Sherwood Lane has 3,721 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. In total, the area measurement of the land is 18,051 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, 7 Sherwood Lane was last sold in Apr 5, 2007 for $700,000. According to our calculations, that's $149.89 per sqft. Prior to that sales transaction, the property was sold for $500,000 in Apr 30, 2004. Current property owners are expected to pay $19,698 in taxes per year. The property on 7 Sherwood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $983,400. To break that down further, the land itself was valued at $164,000. While improvements to the property were assessed at a total of $819,400. 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. 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. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,051
  • Total Building Area: 4,670
  • Gross Building Area: 4,670
  • Building Area: 4,670
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,721
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.414
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : ALL CREATURES REALTY LLC
  • Previous Owner : NAPOLI CHARLES
  • Owner Before Previous Owner: MULLEN ELFI HACKER
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fairfield Township School District
  • Census Tract: 021601

Geography

  • Assessors Map Reference: TAX MAP 23
  • Account Number: 00003354
  • District: 07
  • Parcel: 07 02302-0000-00012- 01
  • Block: 2302
  • Lot: 12.01
  • Municipality: FAIRFIELD TWP
  • Latitude: 40.8788
  • Longitude: -74.2708

    Address

  • Full Address: 7 Sherwood Ln
  • Address - House Number: 7
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Fairfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 3601
  • Zip Code: 07004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,698

    Market Valuation

  • Market Total Value: $983,400
  • Market Land Value: $164,000
  • Market Improvement Value: $819,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $983,400
  • Assessed Land Value: $164,000
  • Assessed Improvements Value: $819,400

    Sales

  • Current Sale Contract Date: Apr 05, 2007
  • Current Sale Recording Date: May 09, 2007
  • Current Sale Transaction ID: 1191848764
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 21, 2004
  • Previous Sale Contract Date: Apr 30, 2004
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEARNY FSB
  • First Mortgage Transaction Date: May 09, 2007
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: May 01, 2022

    Previous Mortgages

  • Previous Mortgage Lender: POPULAR FINANCIAL SVC
  • Previous Mortgage Transaction Date: May 21, 2004
  • Previous Mortgage Loan Amount: $409,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 7 Sherwood Lane located in?
The 7 Sherwood Lane is a located in the neighborhood of Essex in Essex, Fairfield.
What is the average sales price for listings in 7 Sherwood Lane?
The average sales price for units in 7 Sherwood Lane is $0 currently.

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