Check Availability

88 Belmont Drive

88 Belmont Drive, Livingston, NJ 07039
Property in Essex
Sold Mar 18, 2009
$448,000
$350,000 by Bank Of America Na
Mortgage Due Apr 01, 2039
88 Belmont Drive has been categorized by the local assessors in Livingston, NJ as a residential type of property. The building on the property was first built in 1954 and is 70 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 88 Belmont Drive has 1,780 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 1,550 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 11,626 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. 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, 88 Belmont Drive sold most recently in Feb 25, 2009 for a total of $448,000. If you work out the math, that's approximately a cost of $251.69 per sqft. 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 $12,143 in taxes each year. 88 Belmont Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $520,500. If we break it down further, the land itself was valued at $320,000. Improvements to the property, however, were assessed at a total of $200,500. 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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,626
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,780
  • Building Area: 1,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZHANG LI
  • Current Owner 2: YU SUSAN XIU YUN
  • Previous Owner : CHAN RAY Y
  • Previous Owner 2: WANG CHUN XIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Livingston Township School District
  • Census Tract: 020700

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 00005288
  • District: 10
  • Parcel: 10 04200-0000-00049
  • Block: 4200
  • Lot: 49
  • Municipality: LIVINGSTON TWP
  • Latitude: 40.7893
  • Longitude: -74.3248

    Address

  • Full Address: 88 Belmont Dr
  • Address - House Number: 88
  • Address - Street Name: Belmont
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Livingston
  • Carrier Code: C002
  • 4-Digit Zip Code: 2823
  • Zip Code: 07039

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,143

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 810,474
  • High Value: 992,122
  • Low Value: 628,827

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $560,400
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 18, 2009
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2039
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Dec 08, 2017
  • Second Open Lien Mortgage Loan Amount: $210,400
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon

    Market Valuation

  • Market Total Value: $520,500
  • Market Land Value: $320,000
  • Market Improvement Value: $200,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,500
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $200,500

    Sales

  • Current Sale Contract Date: Feb 25, 2009
  • Current Sale Recording Date: Mar 18, 2009
  • Current Sale Transaction ID: 1191859046
  • Current Sale Price: $448,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 9019442

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 18, 2009
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2039

About Essex



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 126 S Livingston Ave, Livingston Twp., NJ, 07039

$2,700 /mo

  • 3 Beds
  • 1 Bath
126 S Livingston Ave, Livingston Twp., NJ, 07039 Listing by PRIYA MIRCHANDANI

Frequently Asked Questions

What neighborhood is 88 Belmont Drive located in?
The 88 Belmont Drive is a located in the neighborhood of Essex in Essex, Livingston.
What is the average sales price for listings in 88 Belmont Drive?
The average sales price for units in 88 Belmont Drive is $0 currently.

Quantcast