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96 Cypress Street

96 Cypress Street, Millburn, NJ 07041
Property in Essex
Sold Feb 09, 2022
$1,100,000
$880,000 by Nj Lenders Corp
Mortgage Due Feb 01, 2052
Sold Aug 07, 1998
$275,000
$210,000 by Un Federal Credit Union
Mortgage
96 Cypress Street has been categorized by the local assessors in Millburn, NJ as a residential type of property. The building on the property was first built in 1951 and is 73 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 96 Cypress Street has 1,827 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 2,000 ft and across the front of the lot is 720 ft. The area measurement of the land has been determined as 14,401 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. 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, 96 Cypress Street sold most recently in Jan 21, 2022 for a total of $1,100,000. If you work out the math, that's approximately a cost of $602.08 per sqft. Before that, the property was also sold for $275,000 in Jun 30, 1998. 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 $16,385 in taxes each year. 96 Cypress Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $843,300. If we break it down further, the land itself was valued at $507,900. Improvements to the property, however, were assessed at a total of $335,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,401
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,827
  • Building Area: 1,827
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHEN HUIJUAN
  • Current Owner 2: NI WEIGANG
  • Previous Owner : SANTIAGO EFREN P
  • Previous Owner 2: SANTIAGO ALMA P
  • Owner Before Previous Owner: SPIELVOGEL SOLLIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 12
  • Parcel: 12 00206-0000-00020
  • Block: 206
  • Lot: 20
  • Municipality: MILLBURN TWP
  • Latitude: 40.7276
  • Longitude: -74.292

    Address

  • Full Address: 96 Cypress St
  • Address - House Number: 96
  • Address - Street Name: Cypress
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Millburn
  • Carrier Code: C007
  • 4-Digit Zip Code: 2029
  • Zip Code: 07041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,385

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 66
  • Final Value: 1,063,758
  • High Value: 1,316,767
  • Low Value: 810,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: NJ LENDERS CORP
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Loan Amount: $880,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $843,300
  • Market Land Value: $507,900
  • Market Improvement Value: $335,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $843,300
  • Assessed Land Value: $507,900
  • Assessed Improvements Value: $335,400

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Feb 09, 2022
  • Current Sale Transaction ID: 11879901846
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12969
  • Previous Sale Recording Date: Aug 07, 1998
  • Previous Sale Contract Date: Jun 30, 1998
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NJ LENDERS CORP
  • First Mortgage Transaction Date: Feb 09, 2022
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UN FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Aug 07, 1998
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 96 Cypress Street located in?
The 96 Cypress Street is a located in the neighborhood of Essex in Essex, Millburn.
What is the average sales price for listings in 96 Cypress Street?
The average sales price for units in 96 Cypress Street is $0 currently.

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