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71 Mill Road

71 Mill Road, Park Ridge, NJ 07656
Property in Bergen
Sold Jun 06, 2017
$620,000
$514,600 by Weichert Financial Services
Mortgage Due Jun 01, 2047
Sold Dec 29, 2004
$800,000
$640,000 by Wachovia Mtg Corp
Mortgage
71 Mill Road has been categorized by the local assessors in Park Ridge, NJ as a residential type of property. The building on the property was first built in 1931 and is 93 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 71 Mill Road has 2,419 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,909 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note 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, 71 Mill Road sold most recently in May 9, 2017 for a total of $620,000. If you work out the math, that's approximately a cost of $256.30 per sqft. Before that, the property was also sold for $800,000 in Dec 20, 2004. 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 $14,688 in taxes each year. 71 Mill Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $475,500. If we break it down further, the land itself was valued at $321,300. Improvements to the property, however, were assessed at a total of $154,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1931
  • Effective Year Built: 1931
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,419
  • Building Area: 2,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE TYLER
  • Current Owner 2: SHELBY KERRY
  • Previous Owner : CHOI DR JONG E
  • Previous Owner 2: CHOI EUN
  • Owner Before Previous Owner: RUSSELL GERARD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Park Ridge Borough School District
  • Census Tract: 043002

Zoning

  • Zoning: R20

Geography

  • Account Number: 101911
  • District: 47
  • Parcel: 47 01019-0000-00011
  • Block: 1019
  • Lot: 11
  • Municipality: PARK RIDGE BORO
  • Latitude: 41.0386
  • Longitude: -74.0382

    Address

  • Full Address: 71 Mill Rd
  • Address - House Number: 71
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Park Ridge
  • Carrier Code: C007
  • 4-Digit Zip Code: 1208
  • Zip Code: 07656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,688

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 895,028
  • High Value: 1,105,571
  • Low Value: 684,486

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $514,600
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jun 06, 2017
  • First Open Lien Mortgage Loan Amount: $514,600
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $475,500
  • Market Land Value: $321,300
  • Market Improvement Value: $154,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,500
  • Assessed Land Value: $321,300
  • Assessed Improvements Value: $154,200

    Sales

  • Current Sale Contract Date: May 09, 2017
  • Current Sale Recording Date: Jun 06, 2017
  • Current Sale Transaction ID: 1588408722
  • Current Sale Price: $620,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 17-043350
  • Previous Sale Recording Date: Dec 29, 2004
  • Previous Sale Contract Date: Dec 20, 2004
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jun 06, 2017
  • First Mortgage Loan Amount: $514,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MTG CORP
  • Previous Mortgage Transaction Date: Dec 29, 2004
  • Previous Mortgage Loan Amount: $640,000

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Frequently Asked Questions

What neighborhood is 71 Mill Road located in?
The 71 Mill Road is a located in the neighborhood of Bergen in Park Ridge, Park Ridge.
What is the average sales price for listings in 71 Mill Road?
The average sales price for units in 71 Mill Road is $0 currently.

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