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32 Ocean Street

32 Ocean Street, Millburn, NJ 07041
Property in Essex
Sold Sep 09, 2008
$640,000
$480,000 by Gibraltar Savings Bank Fsb
Mortgage Due Sep 01, 2023
32 Ocean Street in Millburn, NJ was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. 32 Ocean Street has 2,730 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 420 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,199 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Aug 28, 2008 for $640,000. That's $234.43 per sqft. 32 Ocean Street was last assessed in 2022. The total value of the property was assessed at $695,400. Specifically, the land the property is located on was valued at $309,400. While improvements on the property were assessed at a total of $386,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $13,512. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,199
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 420
  • Total Building Area: 2,730
  • Gross Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.096
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : BIANCO SEBASTIAN
  • Current Owner 2: BIANCO MARIA L
  • Previous Owner : RIGAL MICHAEL
  • Previous Owner 2: VISCO LAUREN

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020300

Geography

  • Assessors Map Reference: TAX MAP 10
  • District: 12
  • Parcel: 12 01002-0000-00024
  • Block: 1002
  • Lot: 24
  • Municipality: MILLBURN TWP
  • Latitude: 40.7167
  • Longitude: -74.31

    Address

  • Full Address: 32 Ocean St
  • Address - House Number: 32
  • Address - Street Name: Ocean
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Millburn
  • Carrier Code: C010
  • 4-Digit Zip Code: 1147
  • Zip Code: 07041

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,512

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 70
  • Final Value: 1,004,631
  • High Value: 1,223,241
  • Low Value: 786,020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: GIBRALTAR SAVINGS BANK FSB
  • First Open Lien Mortgage Recording Date: Sep 09, 2008
  • First Open Lien Mortgage Loan Amount: $480,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2023

    Market Valuation

  • Market Total Value: $695,400
  • Market Land Value: $309,400
  • Market Improvement Value: $386,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $695,400
  • Assessed Land Value: $309,400
  • Assessed Improvements Value: $386,000

    Sales

  • Current Sale Contract Date: Aug 28, 2008
  • Current Sale Recording Date: Sep 09, 2008
  • Current Sale Transaction ID: 1118464910
  • Current Sale Price: $640,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8083585

    Last Sale Mortgage

  • First Mortgage Lender: GIBRALTAR SAVINGS BANK FSB
  • First Mortgage Transaction Date: Sep 09, 2008
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2023

About Essex



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Frequently Asked Questions

What neighborhood is 32 Ocean Street located in?
The 32 Ocean Street is a located in the neighborhood of Essex in Essex, Millburn.
What is the average sales price for listings in 32 Ocean Street?
The average sales price for units in 32 Ocean Street is $0 currently.

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