Check Availability

50 Riggs Place

50 Riggs Place, West Orange, NJ 07052
Property in Essex
Sold Nov 28, 2022
$610,000
$457,875 by Northpointe Bank
Mortgage Due Nov 01, 2052
Sold Mar 23, 2011
$265,000
$257,979 by Real Estate Mortgage Network I
Mortgage Due Apr 01, 2041
50 Riggs Place has been categorized by the local assessors in West Orange, NJ as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The building has a total of 2 stories. In addition, 50 Riggs Place has 2,592 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 1,250 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,374 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. 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. The property was last sold in Oct 17, 2022 for $610,000. That's $235.34 per sqft. Prior to that sales transaction, the property was also sold in Mar 17, 2011 for $265,000. 50 Riggs Place was last assessed in 2022. The total value of the property was assessed at $337,500. Specifically, the land the property is located on was valued at $106,400. While improvements on the property were assessed at a total of $231,100. 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 $14,975. 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! 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: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,592
  • Building Area: 2,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GERMAIN ELCIE
  • Current Owner 2: GERMAIN ESTHER
  • Previous Owner : CACERES ANA
  • Owner Before Previous Owner: MONGERARD VERNA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: West Orange Town School District
  • Census Tract: 017800

Zoning

  • Zoning: R-T

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 22
  • Parcel: 22 00022-0000-00063
  • Block: 22
  • Lot: 63
  • Municipality: WEST ORANGE TWP
  • Latitude: 40.7727
  • Longitude: -74.2441

    Address

  • Full Address: 50 Riggs Pl
  • Address - House Number: 50
  • Address - Street Name: Riggs
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: West Orange
  • Carrier Code: C033
  • 4-Digit Zip Code: 5212
  • Zip Code: 07052

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,975

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 604,227
  • High Value: 737,292
  • Low Value: 471,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $457,875
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Nov 28, 2022
  • First Open Lien Mortgage Loan Amount: $457,875
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $337,500
  • Market Land Value: $106,400
  • Market Improvement Value: $231,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $337,500
  • Assessed Land Value: $106,400
  • Assessed Improvements Value: $231,100

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Transaction ID: 11899782120
  • Current Sale Price: $610,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 102777
  • Previous Sale Recording Date: Mar 23, 2011
  • Previous Sale Contract Date: Mar 17, 2011
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Nov 28, 2022
  • First Mortgage Loan Amount: $457,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REAL ESTATE MORTGAGE NETWORK I
  • Previous Mortgage Transaction Date: Mar 23, 2011
  • Previous Mortgage Loan Amount: $257,979
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2041

About Essex



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 320 Valley St, South Orange Village Twp., NJ, 07079

$3,500 /mo

  • 2 Beds
  • 2 Baths
320 Valley St #309, South Orange Village Twp., NJ, 07079 Listing by KATHERINE ELLIOTT
Unit for rent at 517 Centre St (rear), South Orange Village Twp., NJ, 07079

$3,700 /mo

  • 2 Beds
  • 2 Baths
517 Centre St (Rear), South Orange Village Twp., NJ, 07079 Listing by HENRY C. QUARITIUS III
Unit for rent at 121 Mercer Pl, South Orange Village Twp., NJ, 07079

$3,950 /mo

  • 4 Beds
  • 1 Bath
121 Mercer Pl, South Orange Village Twp., NJ, 07079 Listing by ERIN BROWN
Unit for rent at 70 2nd Street, South Orange Village, NJ, 07079

$3,950 /mo

  • 3 Beds
  • 2 Baths
70 2nd Street #2, South Orange Village, NJ, 07079 Listing by RHP Realty New Jersey
Unit for rent at 145 Marion Dr, West Orange Twp., NJ, 07052

$4,100 /mo

  • 2 Beds
  • 2 Baths
145 Marion Dr, West Orange Twp., NJ, 07052 Listing by NILMARA BORRELLO
Unit for rent at 7 Park Dr, West Orange Twp., NJ, 07052

$3,500 /mo

  • 4 Beds
  • 1 Bath
7 Park Dr, West Orange Twp., NJ, 07052 Listing by HOLROYD J ANDREWS
Unit for rent at 150 Marion Drive, West Orange, NJ, 07052

$3,750 /mo

  • 3 Beds
  • 3 Baths
150 Marion Drive, West Orange, NJ, 07052 Listing by RHP Realty New Jersey

Frequently Asked Questions

What neighborhood is 50 Riggs Place located in?
The 50 Riggs Place is a located in the neighborhood of Essex in Essex, West Orange.
What is the average sales price for listings in 50 Riggs Place?
The average sales price for units in 50 Riggs Place is $0 currently.

Quantcast