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73 Claremont Avenue

73 Claremont Avenue, Verona, NJ 07044
Property in Essex
Sold Nov 02, 2017
$391,000
$170,000 by Summit Mortgage
Mortgage Due Dec 01, 2045
Sold Jan 26, 2001
$240,000
$192,000 by Penn Federal Savings Bank
Mortgage
73 Claremont Avenue has been categorized by the local assessors in Verona, NJ as a residential type of property. The building on the property was first built in 1930 and is 94 years old. In addition, 73 Claremont Avenue has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,860 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 9,300 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. 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, 73 Claremont Avenue was last sold in Oct 25, 2017 for $391,000. According to our calculations, that's $317.37 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Jan 5, 2001. Current property owners are expected to pay $10,538 in taxes per year. The property on 73 Claremont Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $352,100. To break that down further, the land itself was valued at $218,200. While improvements to the property were assessed at a total of $133,900. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Lot Size Depth Feet: 1,860
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : XIANG ZHOU QUAN
  • Current Owner 2: XIANG CHI
  • Previous Owner : COTTRELL CHACE L
  • Previous Owner 2: HOWELL ANN
  • Owner Before Previous Owner: RITTER JOHN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Verona Borough School District
  • Census Tract: 021100

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 20
  • Parcel: 20 00202-0000-00039
  • Block: 202
  • Lot: 39
  • Municipality: VERONA TWP
  • Latitude: 40.8269
  • Longitude: -74.2311

    Address

  • Full Address: 73 Claremont Ave
  • Address - House Number: 73
  • Address - Street Name: Claremont
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Verona
  • Carrier Code: C045
  • 4-Digit Zip Code: 2805
  • Zip Code: 07044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,538

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 564,963
  • High Value: 687,313
  • Low Value: 442,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 02, 2017
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 336
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Market Valuation

  • Market Total Value: $352,100
  • Market Land Value: $218,200
  • Market Improvement Value: $133,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $352,100
  • Assessed Land Value: $218,200
  • Assessed Improvements Value: $133,900

    Sales

  • Current Sale Contract Date: Oct 25, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Transaction ID: 11475888763
  • Current Sale Price: $391,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017096812
  • Previous Sale Recording Date: Jan 26, 2001
  • Previous Sale Contract Date: Jan 05, 2001
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE
  • First Mortgage Transaction Date: Nov 02, 2017
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 336
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Dec 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: PENN FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jan 26, 2001
  • Previous Mortgage Loan Amount: $192,000
  • Previous Mortgage Term: 360

About Essex



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Frequently Asked Questions

What neighborhood is 73 Claremont Avenue located in?
The 73 Claremont Avenue is a located in the neighborhood of Essex in Essex, Verona.
What is the average sales price for listings in 73 Claremont Avenue?
The average sales price for units in 73 Claremont Avenue is $0 currently.

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