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1093 Oakcroft Lane

1093 Oakcroft Lane, Somerset, NJ 08873
Condo in Somerset
1093 Oakcroft Lane is a condo located in Somerset, Somerset. The building was first built in 1988 and is 36 years old. The lot that the building was built on is 170 feet wide and 1,050 feet long. 1093 Oakcroft Lane has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 326 days and tend to sell below the original asking price of $240,000 by 3.70%. The transaction that took the longest to complete was listed on Mar 09, 2019 for $270,000. This particular unit ultimately sold 326 days later for $260,000. The most recent transaction which was first advertised on Mar 09, 2019, sold for $260,000 on Jan 29, 2020. Fun fact, the oldest transaction we have on record took place on Jan 29, 2020. See the full transaction history for 1093 Oakcroft Lane below.

Somerset, where 1093 Oakcroft Lane is located, has a median asking price of $284,500 for condo buildings. Meanwhile, the building itself has a median asking price of $240,000. For interested buyers, that means the building's median asking price is around 0.16% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190309
03/09/2019
3 Bed
3 Bath
-
$270,000
bedrooms
3 Bed
bathrooms
3 Bath
$260,000 -3.70%
01/29/2020
DONNA SUMMERS

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,785
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 170
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.041
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HUSSAIN SYED ATJER
  • Current Owner 2: ATHER SYEDA SABIHA
  • Previous Owner : MONTALBO ARLENE
  • Previous Owner 2: TOULABI BARDIA
  • Owner Before Previous Owner: ANGEL PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053105

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 8404
  • District: 08
  • Parcel: 08 00386- 17-00129- 85
  • Block: 386.17
  • Lot: 129.85
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5137
  • Longitude: -74.4959

    Address

  • Full Address: 1093 Oakcroft Ln
  • Address - House Number: 1093
  • Address - Street Name: Oakcroft
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C038
  • 4-Digit Zip Code: 1677
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,339

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 393,739
  • High Value: 454,279
  • Low Value: 333,199

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 29, 2020
  • First Open Lien Mortgage Loan Amount: $247,000
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $324,696
  • Market Land Value: $138,463
  • Market Improvement Value: $186,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,300
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $188,300

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11730608195
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020004451
  • Previous Sale Recording Date: Dec 12, 2007
  • Previous Sale Contract Date: Dec 03, 2007
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 12, 2007
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Somerset



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Nearby Rentals

Unit for rent at 40 Driftwood Dr, Franklin Twp., NJ, 08873-4241

$2,650 /mo

  • Studio
40 Driftwood Dr, Franklin Twp., NJ, 08873-4241 Listing by VINCENT BARICAUA

Frequently Asked Questions

What neighborhood is 1093 Oakcroft Lane located in?
The 1093 Oakcroft Lane is a condo located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 1093 Oakcroft Lane?
The average sales price for units in 1093 Oakcroft Lane is $240,000 currently.

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