NOT LISTED FOR SALE

885 Lake Ave Clark, NJ 07066

Estimated Value: $781,000 - $824,000

-- Bed
-- Bath
1,918 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 885 Lake Ave, Clark, NJ 07066 and is currently estimated at $808,411, approximately $421 per square foot. 885 Lake Ave is a home located in Union County with nearby schools including Frank K. Hehnly Elementary School, Carl H. Kumpf Middle School, and Arthur L. Johnson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2007
Sold by
Colon Christopher V and Colon Daniela
Bought by
Mugavero Michael and Mugavero Patricia M
Current Estimated Value
$808,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$164,367
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,044

Purchase Details

Closed on
Apr 18, 2003
Sold by
Lincoln Trust Co
Bought by
Colon Christopher and Colon Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.82%

Purchase Details

Closed on
Jul 10, 2002
Sold by
Cavaliere Lawrence and Saracino Cheryl
Bought by
Lincoln Trust Company and Ragan W Peter

Purchase Details

Closed on
Jun 27, 1996
Sold by
Williams Ethel C
Bought by
Cavaliere Lawrence and Saracino Cheryl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mugavero Michael $616,000 Multiple
Colon Christopher $300,000 --
Lincoln Trust Company $179,700 Chicago Title Insurance Co
Cavaliere Lawrence $185,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mugavero Michael $260,000
Previous Owner Colon Christopher $240,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,118 $592,500 $297,000 $295,500
2024 $12,922 $592,500 $297,000 $295,500
2023 $12,922 $592,500 $297,000 $295,500
2022 $12,549 $592,500 $297,000 $295,500
2021 $14,366 $161,600 $48,000 $113,600
2020 $14,132 $161,600 $48,000 $113,600
2019 $13,990 $161,600 $48,000 $113,600
2018 $13,822 $161,600 $48,000 $113,600
2017 $13,600 $161,600 $48,000 $113,600
2016 $13,099 $161,600 $48,000 $113,600
2015 $12,967 $161,600 $48,000 $113,600
2014 $12,694 $161,600 $48,000 $113,600
Source: Public Records

Map

New Jersey Union County Clark 07066

885 Lake Ave, Clark, NJ

Not Listed for Sale

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