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10 Turner Lane

10 Turner Lane, Towaco, NJ 07082
Property in Morris
Sold Dec 08, 2017
$951,000
$570,000 by Lakeland Bank
Mortgage Due Jan 01, 2048
Sold Mar 31, 1998
$563,990
$350,000 by First Hope Bank
Mortgage Due Apr 01, 2028
10 Turner Lane in Towaco, NJ was first built in 1998 and is 26 years old. This has been categorized as a residential property type. 10 Turner Lane has 4,046 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 106,722 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Turner Lane sold most recently in Nov 30, 2017 for a total of $951,000. If you work out the math, that's approximately a cost of $235.05 per sqft. Before that, the property was also sold for $563,990 in Mar 23, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $24,850 in taxes each year. 10 Turner Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $951,000. If we break it down further, the land itself was valued at $383,400. Improvements to the property, however, were assessed at a total of $567,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 106,722
  • Total Building Area: 4,046
  • Building Area: 4,046
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,046
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.45
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL DEVANG
  • Current Owner 2: PATEL JIGNA
  • Previous Owner : BEEBER NEAL L
  • Previous Owner 2: BAUER MICHELLE
  • Owner Before Previous Owner: DEERHAVEN AT MONTVILLE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montville Township School District
  • Census Tract: 040805

Zoning

  • Zoning: R43

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 21
  • Parcel: 21 00082- 9-00024
  • Block: 82.9
  • Lot: 24
  • Municipality: MONTVILLE TWP
  • Latitude: 40.9153
  • Longitude: -74.3468

    Address

  • Full Address: 10 Turner Ln
  • Address - House Number: 10
  • Address - Street Name: Turner
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Towaco
  • Carrier Code: R024
  • 4-Digit Zip Code: 1446
  • Zip Code: 07082

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,850

    Appraisal Valuation

  • Standard Deviation: 0.157
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 1,453,306
  • High Value: 1,681,505
  • Low Value: 1,225,107

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,105,000
  • First Open Lien Mortgage Lender: LAKELAND BANK
  • First Open Lien Mortgage Recording Date: Dec 08, 2017
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048
  • Second Open Lien Mortgage Lender: KEARNY BANK
  • Second Open Lien Mortgage Recording Date: May 06, 2022
  • Second Open Lien Mortgage Loan Amount: $535,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $1,130,125
  • Market Land Value: $455,615
  • Market Improvement Value: $674,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $951,000
  • Assessed Land Value: $383,400
  • Assessed Improvements Value: $567,600

    Sales

  • Current Sale Contract Date: Nov 30, 2017
  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Transaction ID: 11338933928
  • Current Sale Price: $951,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017074184
  • Previous Sale Recording Date: Mar 31, 1998
  • Previous Sale Contract Date: Mar 23, 1998
  • Previous Sale Amount: $563,990
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKELAND BANK
  • First Mortgage Transaction Date: Dec 08, 2017
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOPE BANK
  • Previous Mortgage Transaction Date: Mar 31, 1998
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2028

About Morris



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Nearby Rentals

Unit for rent at

$2,150 /mo

  • 2 Beds
  • 2 Baths
Listing by Catherine Lawton

Frequently Asked Questions

What neighborhood is 10 Turner Lane located in?
The 10 Turner Lane is a located in the neighborhood of Morris in Morris, Towaco.
What is the average sales price for listings in 10 Turner Lane?
The average sales price for units in 10 Turner Lane is $0 currently.

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