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7 Veterans Way

7 Veterans Way, Edgewater, NJ 07020
Property in Bergen
Sold Apr 06, 2020
$636,000
$492,000 by Bank Of America Na
Mortgage Due Mar 01, 2050
Sold Jul 28, 2016
$475,000
Local assessors in Edgewater, NJ have categorized 7 Veterans Way as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 2,104 square feet. The linear feet between the front and back of the lot was measured at 780 ft and the front of the lot was measured at 270 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 7 Veterans Way has a total of 1,250 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. 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 Veterans Way sold most recently in Feb 21, 2020 for a total of $636,000. If you work out the math, that's approximately a cost of $508.80 per sqft. Before that, the property was also sold for $475,000 in Jul 11, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,925 in taxes each year. 7 Veterans Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $647,700. If we break it down further, the land itself was valued at $400,000. Improvements to the property, however, were assessed at a total of $247,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,104
  • Lot Size Depth Feet: 780
  • Lot Size Frontage Feet: 270
  • Total Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.048
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHO JAEHONG
  • Current Owner 2: KANG JEANIE
  • Previous Owner : YUSUFI MURAT
  • Previous Owner 2: YUSUFI ESIN
  • Owner Before Previous Owner: OMAR MAGDI
  • Owner Before Previous Owner 2: MCNAMARA DONNA M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edgewater Borough School District
  • Census Tract: 013002

Geography

  • District: 13
  • Parcel: 13 00005-0000-00004- 04
  • Block: 5
  • Lot: 4.04
  • Municipality: EDGEWATER BORO
  • Latitude: 40.8452
  • Longitude: -73.9674

    Address

  • Full Address: 7 Veterans Way
  • Address - House Number: 7
  • Address - Street Name: Veterans
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Edgewater
  • Carrier Code: C006
  • 4-Digit Zip Code: 1553
  • Zip Code: 07020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,925

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 842,018
  • High Value: 998,121
  • Low Value: 685,915

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 06, 2020
  • First Open Lien Mortgage Loan Amount: $492,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $647,700
  • Market Land Value: $400,000
  • Market Improvement Value: $247,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $647,700
  • Assessed Land Value: $400,000
  • Assessed Improvements Value: $247,700

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Transaction ID: 11804665948
  • Current Sale Price: $636,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20-036694
  • Previous Sale Recording Date: Jul 28, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 06, 2020
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Edgewater



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Frequently Asked Questions

What neighborhood is 7 Veterans Way located in?
The 7 Veterans Way is a located in the neighborhood of Bergen in Edgewater, Edgewater.
What is the average sales price for listings in 7 Veterans Way?
The average sales price for units in 7 Veterans Way is $0 currently.

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