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48 Oakwood Avenue

48 Oakwood Avenue, Montclair, NJ 07043
Property in Essex
Sold Sep 17, 2015
$924,835
$192,800 by Everbank
Mortgage Due Oct 01, 2045
Sold Jul 15, 1982
$125,000
Local assessors in Montclair, NJ have categorized 48 Oakwood Avenue as a residential type of property. The home was built in 1897 and is 127 years old. The property's lot size has been calculated to be 16,692 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 1,070 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 48 Oakwood Avenue has a total of 3,237 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 48 Oakwood Avenue was last sold in Sep 4, 2015 for $924,835. According to our calculations, that's $285.71 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Jul 15, 1982. Current property owners are expected to pay $29,832 in taxes per year. The property on 48 Oakwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $907,300. To break that down further, the land itself was valued at $431,100. While improvements to the property were assessed at a total of $476,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,692
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,237
  • Building Area: 3,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,237
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.383
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 12-G,30

Ownership

  • Current Owner : BAKER BRANDON T
  • Previous Owner : LANGE GREGG A
  • Previous Owner 2: LANGE BETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 016100

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 01809-0000-00023
  • Block: 1809
  • Lot: 23
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.8427
  • Longitude: -74.2052

    Address

  • Full Address: 48 Oakwood Ave
  • Address - House Number: 48
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C053
  • 4-Digit Zip Code: 1917
  • Zip Code: 07043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,832

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 1,378,674
  • High Value: 1,694,715
  • Low Value: 1,062,633

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $392,800
  • First Open Lien Mortgage Lender: EVERBANK
  • First Open Lien Mortgage Recording Date: Sep 17, 2015
  • First Open Lien Mortgage Loan Amount: $192,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2045
  • Second Open Lien Mortgage Lender: TIAA CREF TRUST CO FSB
  • Second Open Lien Mortgage Recording Date: Mar 18, 2019
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $907,300
  • Market Land Value: $431,100
  • Market Improvement Value: $476,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $907,300
  • Assessed Land Value: $431,100
  • Assessed Improvements Value: $476,200

    Sales

  • Current Sale Contract Date: Sep 04, 2015
  • Current Sale Recording Date: Sep 17, 2015
  • Current Sale Transaction ID: 11551893860
  • Current Sale Price: $924,835
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 15, 1982
  • Previous Sale Contract Date: Jul 15, 1982
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK
  • First Mortgage Transaction Date: Sep 17, 2015
  • First Mortgage Loan Amount: $192,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2045

About Upper Montclair



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Frequently Asked Questions

What neighborhood is 48 Oakwood Avenue located in?
The 48 Oakwood Avenue is a located in the neighborhood of Essex in Upper Montclair, Montclair.
What is the average sales price for listings in 48 Oakwood Avenue?
The average sales price for units in 48 Oakwood Avenue is $0 currently.

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