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107 Newgate Lane

107 Newgate Lane, Neptune, NJ 07753
Property in Neptune
Sold Jul 31, 1996
$65,000
Local assessors in Neptune, NJ have categorized 107 Newgate Lane as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 107 Newgate Lane has a total of 1,398 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of shingle (not wood). Residents rely on air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 107 Newgate Lane sold most recently in Jul 25, 1996 for a total of $65,000. If you work out the math, that's approximately a cost of $46.49 per sqft. 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 $6,097 in taxes each year. 107 Newgate Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $337,600. If we break it down further, the land itself was valued at $164,100. Improvements to the property, however, were assessed at a total of $173,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,398
  • Building Area: 1,398
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,398
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 33

Ownership

  • Current Owner : PHILLIPS STEVEN
  • Current Owner 2: PHILLIPS ELIZABETH
  • Previous Owner : SHAFTO LINDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 807700

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 42.4
  • Account Number: 00082250
  • District: 35
  • Parcel: 35 01607-0000-00003
  • Block: 1607
  • Lot: 3
  • Municipality: NEPTUNE TWP
  • Latitude: 40.208
  • Longitude: -74.0439

    Address

  • Full Address: 107 Newgate Ln
  • Address - House Number: 107
  • Address - Street Name: Newgate
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C035
  • 4-Digit Zip Code: 4337
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,097

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 434,201
  • High Value: 511,289
  • Low Value: 357,114

    Market Valuation

  • Market Total Value: $337,600
  • Market Land Value: $164,100
  • Market Improvement Value: $173,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,600
  • Assessed Land Value: $164,100
  • Assessed Improvements Value: $173,500

    Sales

  • Current Sale Contract Date: Jul 25, 1996
  • Current Sale Recording Date: Jul 31, 1996
  • Current Sale Transaction ID: 1192297837
  • Current Sale Price: $65,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN HOME FUNDING
  • First Mortgage Transaction Date: Jul 31, 1996
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 107 Newgate Lane located in?
The 107 Newgate Lane is a located in the neighborhood of Neptune in Neptune, Neptune.
What is the average sales price for listings in 107 Newgate Lane?
The average sales price for units in 107 Newgate Lane is $0 currently.

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