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95 Terhune Avenue

95 Terhune Avenue, Passaic, NJ 07055
Property in Passaic
Sold Aug 18, 2021
$505,000
$450,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2051
Sold Oct 02, 2007
$311,000
$279,900 by Weichert Financial Services
Mortgage
Local assessors in Passaic, NJ have categorized 95 Terhune Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 4,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 400 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 95 Terhune Avenue has a total of 1,962 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. 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, 95 Terhune Avenue sold most recently in Jul 21, 2021 for a total of $505,000. If you work out the math, that's approximately a cost of $257.39 per sqft. Before that, the property was also sold for $311,000 in Jul 31, 2007. 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 $10,378 in taxes each year. 95 Terhune Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $267,200. If we break it down further, the land itself was valued at $107,000. Improvements to the property, however, were assessed at a total of $160,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COHEN RICHARD
  • Current Owner 2: COHEN ABBY
  • Previous Owner : ISAAC DANIEL
  • Previous Owner 2: ISAAC ROBIN
  • Owner Before Previous Owner: VASQUEZ HAROLD
  • Owner Before Previous Owner 2: DIAZ HENIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Passaic City School District
  • Census Tract: 175701

Geography

  • District: 07
  • Parcel: 07 01329- 01-00006
  • Block: 1329.01
  • Lot: 6
  • Municipality: PASSAIC CITY
  • Latitude: 40.8381
  • Longitude: -74.1286

    Address

  • Full Address: 95 Terhune Ave
  • Address - House Number: 95
  • Address - Street Name: Terhune
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Passaic
  • Carrier Code: C020
  • 4-Digit Zip Code: 5322
  • Zip Code: 07055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,378

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 67
  • Final Value: 602,061
  • High Value: 744,067
  • Low Value: 460,055

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $267,200
  • Market Land Value: $107,000
  • Market Improvement Value: $160,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,200
  • Assessed Land Value: $107,000
  • Assessed Improvements Value: $160,200

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11852754449
  • Current Sale Price: $505,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021053047
  • Previous Sale Recording Date: Oct 02, 2007
  • Previous Sale Contract Date: Jul 31, 2007
  • Previous Sale Amount: $311,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 02, 2007
  • Previous Mortgage Loan Amount: $279,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Passaic



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Frequently Asked Questions

What neighborhood is 95 Terhune Avenue located in?
The 95 Terhune Avenue is a located in the neighborhood of Passaic in Passaic, Passaic.
What is the average sales price for listings in 95 Terhune Avenue?
The average sales price for units in 95 Terhune Avenue is $0 currently.

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