Sold Nov 15, 2019
$422,500
Seller
$337,000
by Columbia Bank
Mortgage Due Jun 01, 2041
Sold Nov 05, 2014
$350,000
87 Butternut Drive in Wayne, NJ was first built in 1995 and is 29 years old.
This has been categorized as a residential property type.
87 Butternut Drive has 2,419 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 3,485 square feet.
Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. The property was last sold in Oct 30, 2019 for $422,500. That's $174.66 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2014 for $350,000. 87 Butternut Drive was last assessed in 2022. The total value of the property was assessed at $209,800. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $134,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,862. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. The property was last sold in Oct 30, 2019 for $422,500. That's $174.66 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2014 for $350,000. 87 Butternut Drive was last assessed in 2022. The total value of the property was assessed at $209,800. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $134,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,862. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
87 Butternut Drive, Wayne, NJ 07470
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