1042 Prospect Lane

1042 Prospect Lane in Somerdale, NJ was first built in 1960 and is 64 years old. This has been categorized as a residential property type. 1042 Prospect Lane has 1,623 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. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 10,624 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 17, 2006 for $255,000. That's $157.12 per sqft. 1042 Prospect Lane was last assessed in 2023. The total value of the property was assessed at $194,300. Specifically, the land the property is located on was valued at $62,000. While improvements on the property were assessed at a total of $132,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,104. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.