Sold May 20, 2004
$360,000
Buyer
Seller
$92,000
by Bank Of America Na
Mortgage Due Nov 09, 2031
Sold May 12, 2000
$229,000
$183,200
by Consumers Mtg Corp
Mortgage Due May 01, 2030
61 Colonial Drive in Clark, NJ was first built in 1951 and is 73 years old.
This has been categorized as a residential property type.
There are a total of 2 floors.
61 Colonial Drive has 1,450 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 500 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 5,001 square feet.
Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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. 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, 61 Colonial Drive sold most recently in May 14, 2004 for a total of $360,000. If you work out the math, that's approximately a cost of $248.28 per sqft. Before that, the property was also sold for $229,000 in Apr 27, 2000. 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 $8,414 in taxes each year. 61 Colonial Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $385,800. If we break it down further, the land itself was valued at $225,000. Improvements to the property, however, were assessed at a total of $160,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.
Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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. 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, 61 Colonial Drive sold most recently in May 14, 2004 for a total of $360,000. If you work out the math, that's approximately a cost of $248.28 per sqft. Before that, the property was also sold for $229,000 in Apr 27, 2000. 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 $8,414 in taxes each year. 61 Colonial Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $385,800. If we break it down further, the land itself was valued at $225,000. Improvements to the property, however, were assessed at a total of $160,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.