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40-60 Elmwood Terrace, Elmwood Park, NJ 07407 Property Information

40-60 Elmwood Terrace, Elmwood Park, NJ 07407 Property Information

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  • Tax
  • Neighborhood
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40-60 Elmwood Terrace, Elmwood Park, NJ 07407
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Address

Primary address 40-60 Elmwood Terrace, Elmwood Park
Zip code 07407
County Bergen
Municipality Elmwood Park Borough
Block 204
Lot 10

Sales & Tax Overview for 40-60 Elmwood Terrace, Elmwood Park

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Property tax $64,040

Lot & Building Information for 40-60 Elmwood Terrace, Elmwood Park

Building class Apartment-Garden (020)
Acreage 1.614
Year built 1947
Units 48
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 40-60 Elmwood Terrace, Elmwood Park

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About 40-60 Elmwood Terrace, Elmwood Park

When was 40-60 Elmwood Terrace, Elmwood Park, NJ 07407 built?

40-60 Elmwood Terrace, Elmwood Park, NJ 07407 was built in 1947.

What is the assessed value of 40-60 Elmwood Terrace, Elmwood Park, NJ 07407 and the property tax paid?

Assessed at $2,000,000, the tax amount paid for 40-60 Elmwood Terrace, Elmwood Park, NJ 07407 is $64,040.

How many residential units does this building have?

This building has 48 residential unit(s).

Ownership Information

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Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Research 100M+ property records powered by:
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Past Sales & Property History for 40-60 Elmwood Terrace, Elmwood Park

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No recorded sales for this property.

Title Documents for 40-60 Elmwood Terrace, Elmwood Park

Data not available for this property.

Property Taxes for 40-60 Elmwood Terrace, Elmwood Park

Access detailed property tax data for 40-60 Elmwood Terrace, Elmwood Park, NJ 07407. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $64,040
Market value $2,000,000

Assessment History for 40-60 Elmwood Terrace, Elmwood Park

Here's the assessment & property tax history for 40-60 Elmwood Terrace, Elmwood Park, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $2,000,000 $2,000,000 3.202 $64,040 +4.33%
2024 $2,000,000 $2,000,000 3.069 $61,380 +2.57%
2023 $2,000,000 $2,000,000 2.992 $59,840 -0.66%
2022 $2,000,000 $2,000,000 3.012 $60,240 -0.46%
2021 $2,000,000 $2,000,000 3.026 $60,520 +0.80%

Demographics by Zip Code

Total population 21,412
Median age 39.9
Average household income $123,193
Family households 73.9%
Occupied housing units 7,462
Owner occupied units 57.5%
Average number of people per household 2.86
Median year structure built 1958
Median value for units with a mortgage $497,800
Median value for units without a mortgage $464,100

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 40-60 Elmwood Terrace, Elmwood Park to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 40-60 Elmwood Terrace, Elmwood Park

Here are the neighbors for 40-60 Elmwood Terrace, Elmwood Park.

Address Square feet Purchase date Purchase price
31 Linwood Ave, Elmwood Park 1,782
15 Linwood Ave, Elmwood Park 3,410 08/01/1994 $100
11 Linwood Ave, Elmwood Park 2,244 09/09/2022 $490,000
7 Linwood Ave, Elmwood Park 2,292 09/20/2016 $385,000
29 Greenwood Ave, Elmwood Park 2,568 05/13/2008 $320,000
38 Elmwood Ter, Elmwood Park 1,820 08/26/2025 $475,000
34 Elmwood Ter, Elmwood Park 1,820 05/06/2015 $1
25 Linwood Ave, Elmwood Park 3,594 09/18/2012 $370,000
8 Elmwood Ter, Elmwood Park 2,082 06/25/2021 $458,000
2 Elmwood Ter, Elmwood Park 2,334 01/25/2023 $619,000
181 River Dr, Elmwood Park 2,315 05/27/1998 $195,000
191 River Dr, Elmwood Park 2,856 12/21/2005 $435,000
135 Elmwood Dr, Elmwood Park 1,887 08/30/1976 $53,250
3 Linwood Ave, Elmwood Park 2,292 07/02/2007 $555,000
35 Greenwood Ave, Elmwood Park 1,364 11/29/2011 $275,000
21 Greenwood Ave, Elmwood Park 3,538 09/15/2008 $1
14 Elmwood Ter, Elmwood Park 2,710
195 River Dr, Elmwood Park 1,600 09/19/1989
15 Greenwood Ave, Elmwood Park 2,612 03/11/1997
26 Elmwood Ter, Elmwood Park 1,894 04/24/2024 $545,000

Nearby ZIP Codes for 40-60 Elmwood Terrace, Elmwood Park

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