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720 Mosswood Avenue

720 Mosswood Avenue, Orange, NJ 07050
Property in Essex
Sold Sep 22, 2021
$540,000
$513,000 by Investors Bank
Mortgage Due Oct 01, 2051
Sold Mar 15, 2021
$290,000
Local assessors in Orange, NJ have categorized 720 Mosswood Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 3,550 square feet. The linear feet between the front and back of the lot was measured at 770 ft and the front of the lot was measured at 500 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 720 Mosswood Avenue has a total of 1,764 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 720 Mosswood Avenue sold most recently in Sep 2, 2021 for a total of $540,000. If you work out the math, that's approximately a cost of $306.12 per sqft. Before that, the property was also sold for $290,000 in Jan 12, 2021. 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 $16,602 in taxes each year. 720 Mosswood Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $479,000. If we break it down further, the land itself was valued at $112,600. Improvements to the property, however, were assessed at a total of $366,400. 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: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,550
  • Lot Size Depth Feet: 770
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEWIS VANESSA M
  • Current Owner 2: LEWIS ANDRE
  • Previous Owner : GS 720 MOSSWOOD LLC
  • Owner Before Previous Owner: MOSES MARCUS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Orange City Township School District
  • Census Tract: 018800

Geography

  • Account Number: 00005321
  • District: 17
  • Parcel: 17 06701-0000-00020
  • Block: 6701
  • Lot: 20
  • Municipality: ORANGE CITY TWP
  • Latitude: 40.7543
  • Longitude: -74.2418

    Address

  • Full Address: 720 Mosswood Ave
  • Address - House Number: 720
  • Address - Street Name: Mosswood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Orange
  • Carrier Code: C015
  • 4-Digit Zip Code: 3027
  • Zip Code: 07050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,602

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 606,392
  • High Value: 743,094
  • Low Value: 469,689

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $514,500
  • First Open Lien Mortgage Lender: INVESTORS BANK
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $513,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: INVESTORS BANK
  • Second Open Lien Mortgage Recording Date: Sep 22, 2021
  • Second Open Lien Mortgage Loan Amount: $1,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $479,000
  • Market Land Value: $112,600
  • Market Improvement Value: $366,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $479,000
  • Assessed Land Value: $112,600
  • Assessed Improvements Value: $366,400

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11858939840
  • Current Sale Price: $540,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021115909
  • Previous Sale Recording Date: Mar 15, 2021
  • Previous Sale Contract Date: Jan 12, 2021
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: INVESTORS BANK
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $513,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 720 Mosswood Avenue located in?
The 720 Mosswood Avenue is a located in the neighborhood of Essex in Essex, Orange.
What is the average sales price for listings in 720 Mosswood Avenue?
The average sales price for units in 720 Mosswood Avenue is $0 currently.

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