We Specialized in

A single family appraisal is a professional valuation of the value of a single family residence, such as a detached house or a townhouse. This type of appraisal is typically conducted for a variety of purposes, such as when buying or selling a property, refinancing a mortgage, or settling an estate.

A multi-family property appraisal is a professional valuation of the value of a residential property containing two to four dwelling units. This type of appraisal is typically conducted for various of purposes, such as when buying or selling a property, refinancing a mortgage, or settling an estate.

In addition to evaluating the physical characteristics of the property, the appraiser may also consider other factors, such as the local housing market, the condition of comparable properties, and any recent sales or listings in the area. The appraiser may also take into account the rental income and expenses associated with the property.

A condominium appraisal is a professional evaluation of the value of a condominium unit, which is a type of residential property that is owned individually but shares common areas with other units in a multi-unit building or complex. This type of appraisal is typically conducted for a variety of purposes, such as when buying or selling a property, refinancing a mortgage, or settling an estate.

Questions You May Have?

An appraisal is a professional assessment of a property's value, conducted by a licensed appraiser.

Appraisals are used to determine a property's market value for buying, selling, refinancing, or obtaining a mortgage.

The cost of an appraisal typically ranges from $375 to $1,000+, depending on the property's size and complexity.

An appraisal usually takes about 1 to 2 hours to complete, with the report delivered within a few days to a week.

An appraisal includes an inspection of the property, an analysis of comparable sales, and a detailed report outlining the property's value.

No, the appraisal value is an objective assessment, while the sale price is what a buyer and seller agree upon.

Lenders use the appraisal to determine the loan amount; if the appraisal is lower than the purchase price, it may impact financing.

It depends on local market conditions and the property's value; consulting an appraiser can provide clarity.

While not always required, an appraisal can help ensure adequate coverage and accurate property value for insurance.

Yes, appraisals can provide documentation for property tax assessments or disputes related to property value.

Why Choose Us

At One Appraisals, LLC., we are dedicated to providing the highest level of customer service. We understand that an appraisal can be a complex and stressful process, and we are here to make it as easy and seamless as possible for you. We pride ourselves on our professionalism and our commitment to delivering accurate and reliable evaluations of your property.

Coverage Area - Northern New Jersey: Bergen, Hudson, Essex, Passaic, Morris and Union.

We have been dedicated for over 20 years to providing you with the best assistance in getting your property appraised. Whether you want to sell, buy, expand, renovate, or add amenities to enhance your enjoyment, we can help you determine what will add the most value. Please reach out if you would like to learn more!

Our Mission

Offer a wide range of appraisal services providing the highest level of professionalism and commitment to delivering accurate and reliable appraisals.

Our Values

We strive to go above and beyond for our clients no matter the challenge. We aim to deliver our very best work every single day across our services.

Residential Real Estate Appraisals:

One Appraisals, LLC. has been performing residential appraisals for over 20 years. Some of the most common property types we appraise are condominiums, single-family and multi-family properties. We have the ability to appraise any type of residential property. We work diligently in creating the best report possible to fit your needs in a timely fashion.

Estate Appraisals

The purpose of an estate appraisal is to provide an accurate and reliable assessment of a deceased person’s property, which can be useful for a variety of purposes related to estate planning and distribution. Accountants and Attorneys often utilize our services in performing real estate appraisals for estate purposes.

Desktop Appraisals

Desktop appraisals, also known as remote or online appraisals, are a type of appraisal that is conducted without the appraiser physically visiting the property. Instead, the appraiser uses a variety of sources, such as property records, public data, and photos, to determine the value of the property.Desktop appraisals are often used in cases when the property is inaccessible due to physical barriers or other limitations. They also offer a cost effective alternative to traditional on-site appraisals, specially when homeowners provide interior photos to help assess the property's condition.

Bankruptcy Appraisals

A bankruptcy appraisal is a professional evaluation of a property’s value that is conducted for the purpose of bankruptcy proceedings. This type of appraisal is typically used to help determine the value of the property for the purposes of liquidating assets to pay off debts.A bankruptcy appraisal is typically conducted by a professional appraiser who is trained and certified in evaluating different types of property. The appraiser will consider a variety of factors in determining the value of the property, including its age, condition, location, and market trends.

Who Pays for an Appraisal?

In most cases, the buyer pays for a real estate appraisal. Here’s why:1. Mortgage Requirement: Lenders typically require an appraisal to determine the property's value before approving a mortgage. The buyer covers this cost as part of the loan process.2. Cost Transparency: Paying for the appraisal upfront ensures that the buyer is aware of the property's value and can make informed decisions.3. Negotiation Leverage: If the appraisal comes in lower than the purchase price, the buyer has leverage to negotiate the price with the seller.Important Note: Although the buyer pays for the appraisal, the lender owns the appraisal report. Therefore, the buyer needs to obtain a copy of the appraisal from the lender, not directly from the appraiser.This is not the case with a private appraisal, where the client typically owns the report and can request it directly from the appraiser.Exceptions: In some cases, the seller may pay for an appraisal, especially if it's part of a listing agreement or to resolve disputes over property value. Ultimately, the party responsible for the appraisal cost can vary based on the agreement between the buyer and seller, but it's most commonly the buyer.

Questions?

Sign Up Here for Our Mailing List

You can find us at

Email: [email protected] - Tel.:973.699.4466