Passaic County and Wayne Township property record for 261 Terhune Dr, Wayne, NJ 07470 · Last verified July 2026
| Property Type | Commercial > Retail > Homes (Retired, Handicap, Rest, Convalescent, Nursing) |
|---|---|
| Architecture Style | Mobile Home |
| Year Built | Built 1956 |
| Square Footage | 47,410 sqft Building Perimeter |
| Lot Size | 5.33 acres |
| Last Sale | $4,862,950 (2015) |
| Tax Bill | $206,931.00 (2025) |
| Primary APN | 14-04411-0000-00019 |
|---|---|
| Alternative APNs |
|
| Building Area | 47,410 sqft Building Perimeter |
|---|
| Year Built | Built 1956 |
|---|---|
| Effective Year Built | Effective 1956 |
| Architectural Style | Mobile Home Style |
| Lot Area | 232,175 sqft |
| Old Parcel Number | 1400655000000001 |
|---|---|
| Street Address | 261 TERHUNE DR |
| City | WAYNE |
| State | NJ |
| Zip | 07470-7105 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Homes (Retired, Handicap, Rest, Convalescent, Nursing) |
| Legal Description | ADDITIONAL LOTS: 120 BEDS |
| Legal Block | 4411 |
| Legal Lot Number | 19 |
| Jurisdiction | PASSAIC NJ |
| Minor Civil Division | WAYNE |
| Census Blockgroup | 2 |
| Census Block | 2007 |
| Census Tract | 246002 |
Source: Passaic County and Wayne Township records · APN 14-04411-0000-00019
Assessment roll updated July 8, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1688 ROUTE 88, 301, BRICK, NJ 08724-3030 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Jun 21, 2021 | Deed of Trust, Mortgage · Commercial Mortgage M & T BANK |
| Apr 09, 2018 | Deed of Trust, Mortgage · Commercial Mortgage MIDCAP FINANCIAL TRUST |
| Apr 09, 2018 | Deed of Trust, Mortgage · Commercial Mortgage MICAP FINANCIAL TRUST |
| Apr 09, 2018 | Deed of Trust, Mortgage · Commercial Mortgage MIDCAP FUNDING IV TRUST |
| Oct 23, 2020 | Grant Deed, Foreclosure ATTORNEY ONLY |
| Sep 13, 2019 | Deed, Transfer · Commercial Mortgage M & T BANK |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 18, 2015 · Amount on Record |
| Deed Sale | Dec 18, 2015 · Amount on Record |
| Prior Sale | Mar 23, 2000 · Amount on Record |
| Deed Doc Number | 201558540 |
| Deed Book / Page | 2742 / 286 |
| Prior Transfer Date | Feb 29, 2000 |
| Prior Transfer Doc | 0000135559 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PASSAIC NJ |
| Property Address | 261 TERHUNE DR, WAYNE, NJ 07470-7105 |
| Transaction Type | Mortgage |
| Record Updated | Sep 20, 2023 |
| Name | Verified Name |
|---|
| Document Number | 0000040964 |
|---|---|
| Date | Jun 21, 2021 |
| Book Page | M17222/1 |
| Instrument | 2021040964 |
| Name | M & T BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PASSAIC NJ |
| Property Address | 261 TERHUNE DR, WAYNE, NJ 07470-7105 |
| Transaction Type | Mortgage |
| Record Updated | Aug 18, 2022 |
| Title Company | FIRST AMERICAN TITLE INS CO |
| Name | Verified Name |
|---|
| Document Number | 0000015787 |
|---|---|
| Date | Apr 09, 2018 |
| Book Page | M14970/0251 |
| Instrument | 2018015787 |
| Name | MIDCAP FINANCIAL TRUST |
|---|---|
| Type | Non-Lending Institution |
| Address | BETHESDA, MD 20814 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PASSAIC NJ |
| Property Address | 261 TERHUNE DR, WAYNE, NJ 07470-7105 |
| Transaction Type | Mortgage |
| Record Updated | Aug 18, 2022 |
| Title Company | FIRST AMERICAN TITLE INS OC |
| Name | Verified Name |
|---|
| Document Number | 0000015790 |
|---|---|
| Date | Apr 09, 2018 |
| Book Page | M14971/0001 |
| Instrument | 2018015790 |
| Name | MICAP FINANCIAL TRUST |
|---|---|
| Type | Non-Lending Institution |
| Address | BETHESDA, MD 20814 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | PASSAIC NJ |
| Property Address | 261 TERHUNE DR, WAYNE, NJ 07470-7105 |
| Transaction Type | Mortgage |
| Record Updated | Aug 18, 2022 |
| Title Company | FIRST AMERICAN TITLE INS CO |
| Name | Verified Name |
|---|
| Document Number | 0000015793 |
|---|---|
| Date | Apr 09, 2018 |
| Book Page | M14971/0040 |
| Instrument | 2018015793 |
| Name | MIDCAP FUNDING IV TRUST |
|---|---|
| Type | Non-Lending Institution |
| Address | BETHESDA, MD 20814 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | PASSAIC NJ |
| Recording Date | Oct 23, 2020 |
| Property Address | 261 TERHUNE DR, WAYNE, NJ 07470-7105 |
| Document Number | 0000054008 |
| Book / Page | 003891 / 000063 |
| Instrument Date | Oct 09, 2020 |
| Instrument | 54008 |
| Transaction Type | Foreclosure |
| Record Updated | Nov 23, 2020 |
| Title Company | ATTORNEY ONLY |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Document Type | Deed |
|---|---|
| Jurisdiction | PASSAIC NJ |
| Recording Date | Sep 13, 2019 |
| Property Address | 261 TERHUNE DR, WAYNE, NJ 07470-7105 |
| Document Number | 0000040936 |
| Book / Page | D3654 / 0218 |
| Instrument Date | Aug 27, 2019 |
| Instrument | 2019040936 |
| Transaction Type | Transfer |
| Record Updated | Nov 04, 2021 |
| Title Company | LANDMARK ABSTRACT AGENCY LLC |
| Amount | Amount Recorded |
|---|---|
| Tax | $36,899.35 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 101 E STATE ST, 101, KENNETT SQUARE, PA 19348-3109 |
| Name | Verified Name |
|---|---|
| Address | 1688 ROUTE 88 # 301, 301, BRICK, NJ 08724-3030 |
| Document Number | 0000040938 |
|---|---|
| Date | Sep 13, 2019 |
| Book Page | M15710/0084 |
| Instrument | 2019040938 |
| Name | M & T BANK |
|---|---|
| Type | Bank |
| Address | BUFFALO, NY 14203 |
| Type | Commercial Mortgage |
|---|
Source: Passaic County and Wayne Township records · Assessment roll updated July 8, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | New Jersey |
| County | Passaic County |
| County Subdivision | Wayne Township |
| Unified School District | Wayne Township School District (KG - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $3,450,000 (-) Land $1,865,500 Building $1,584,500 | $3,450,000 (-) Land $1,865,500 Building $1,584,500 | |
| 2025 | $206,931.00 (+0.87%) | $3,450,000 (-) Land $1,865,500 Building $1,584,500 | $3,450,000 (-) Land $1,865,500 Building $1,584,500 |
| 2024 | $205,137.00 (+5.16%) | ||
| 2023 | $3,450,000 (-) Land $1,865,500 Building $1,584,500 | $3,450,000 (-) Land $1,865,500 Building $1,584,500 | |
| 2022 | $195,063.00 (+0.11%) | $3,450,000 Land $1,865,500 Building $1,584,500 | $3,450,000 Land $1,865,500 Building $1,584,500 |
| 2021 | $194,856.00 |
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