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43 Montrose Avenue

43 Montrose Avenue, Fanwood, NJ 07023
Property in Union
Sold Oct 14, 2009
$399,000
$260,000 by Investors Bank
Mortgage Due Aug 01, 2050
Local assessors in Fanwood, NJ have categorized 43 Montrose Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 7,601 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 760 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 43 Montrose Avenue has a total of 1,581 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Lots of stucco were used in the construction of the exterior walls of the home. 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, 43 Montrose Avenue sold most recently in Aug 20, 2009 for a total of $399,000. If you work out the math, that's approximately a cost of $252.37 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 $12,838 in taxes each year. 43 Montrose Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $451,400. If we break it down further, the land itself was valued at $224,200. Improvements to the property, however, were assessed at a total of $227,200. 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: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,601
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,581
  • Building Area: 1,581
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,581
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HOMER WILLIAM
  • Current Owner 2: HOMER MAUREEN
  • Previous Owner : COUGHLIN PETER A
  • Previous Owner 2: COUGHLIN KATHLEEN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scotch Plains-Fanwood Regional School District
  • Census Tract: 038702

Geography

  • Account Number: 00022300
  • District: 05
  • Parcel: 05 00018-0000-00016
  • Block: 18
  • Lot: 16
  • Municipality: FANWOOD BORO
  • Latitude: 40.6491
  • Longitude: -74.3905

    Address

  • Full Address: 43 Montrose Ave
  • Address - House Number: 43
  • Address - Street Name: Montrose
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Fanwood
  • Carrier Code: C005
  • 4-Digit Zip Code: 1106
  • Zip Code: 07023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,838

    Appraisal Valuation

  • Standard Deviation: 0.2454
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 683,964
  • High Value: 851,874
  • Low Value: 516,054

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $310,000
  • First Open Lien Mortgage Lender: INVESTORS BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: INVESTORS BANK
  • Second Open Lien Mortgage Recording Date: Nov 04, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 04, 2051

    Market Valuation

  • Market Total Value: $451,400
  • Market Land Value: $224,200
  • Market Improvement Value: $227,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451,400
  • Assessed Land Value: $224,200
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Contract Date: Aug 20, 2009
  • Current Sale Recording Date: Oct 14, 2009
  • Current Sale Transaction ID: 1192861416
  • Current Sale Price: $399,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 209108

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Oct 14, 2009
  • First Mortgage Loan Amount: $319,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2039

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Frequently Asked Questions

What neighborhood is 43 Montrose Avenue located in?
The 43 Montrose Avenue is a located in the neighborhood of Union in Fanwood, Fanwood.
What is the average sales price for listings in 43 Montrose Avenue?
The average sales price for units in 43 Montrose Avenue is $0 currently.

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