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94 Elmwood Avenue

94 Elmwood Avenue, Chatham, NJ 07928
Property in Morris
Sold Aug 27, 2021
$1,600,000
$820,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
Sold Nov 09, 2020
$525,000
94 Elmwood Avenue has been categorized by the local assessors in Chatham, NJ as a residential type of property. The building on the property was first built in 2021 and is 3 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 94 Elmwood Avenue has 2,667 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 1,400 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,398 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. The property was last sold in Jun 28, 2021 for $1,600,000. That's $599.93 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2020 for $525,000. 94 Elmwood Avenue was last assessed in 2023. The total value of the property was assessed at $1,495,600. Specifically, the land the property is located on was valued at $519,200. While improvements on the property were assessed at a total of $976,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $23,242. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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: 8,398
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,667
  • Building Area: 2,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JOZEFOWICZ RAFAL
  • Current Owner 2: WAS DOROTA ANNA
  • Previous Owner : JAG CONSTRUCTION SERVICES LLC
  • Owner Before Previous Owner: 94 ELMWOOD CHATHAM LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 042700

Zoning

  • Zoning: R-3

Geography

  • Account Number: 20677009
  • District: 04
  • Parcel: 04 00061-0000-00007
  • Block: 61
  • Lot: 7
  • Municipality: CHATHAM BORO
  • Latitude: 40.747
  • Longitude: -74.3809

    Address

  • Full Address: 94 Elmwood Ave
  • Address - House Number: 94
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C004
  • 4-Digit Zip Code: 2628
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,242

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 1,436,481
  • High Value: 1,660,872
  • Low Value: 1,212,090

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $820,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $1,392,810
  • Market Land Value: $483,516
  • Market Improvement Value: $909,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,495,600
  • Assessed Land Value: $519,200
  • Assessed Improvements Value: $976,400

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11853707448
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021071553
  • Previous Sale Recording Date: Nov 09, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $820,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Chatham



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Frequently Asked Questions

What neighborhood is 94 Elmwood Avenue located in?
The 94 Elmwood Avenue is a located in the neighborhood of Morris in Chatham, Chatham.
What is the average sales price for listings in 94 Elmwood Avenue?
The average sales price for units in 94 Elmwood Avenue is $0 currently.

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