Estimated Value: $781,000 - $823,000
--
Bed
--
Bath
1,918
Sq Ft
$420/Sq Ft
Est. Value
About This Home
This home is located at 885 Lake Ave, Clark, NJ 07066 and is currently estimated at $805,663, approximately $420 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
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
$641,296
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
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