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11 Cortland Lane

11 Cortland Lane, Bedminster, NJ 07921
Property in Somerset
Sold Feb 24, 2021
$165,000
$123,750 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2051
Sold Jan 19, 2021
$100,000
11 Cortland Lane in Bedminster, NJ was first built in 1989 and is 35 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 11 Cortland Lane has 501 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 220 square feet.

Learn more about the property and building on this page. The property was last sold in Feb 16, 2021 for $165,000. That's $329.34 per sqft. Prior to that sales transaction, the property was also sold in Dec 31, 2020 for $100,000. 11 Cortland Lane was last assessed in 2023. The total value of the property was assessed at $169,400. Specifically, the land the property is located on was valued at $59,900. While improvements on the property were assessed at a total of $109,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,270. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 220
  • Total Building Area: 501
  • Building Area: 501
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 501
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORTLAND NEIGHBORHOOD CONDOMINIUM
  • Land Acres: 0.005
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: CORTLAND MODEL A

Ownership

  • Current Owner : YAN LIXIA
  • Current Owner 2: ZHOU PENG
  • Previous Owner : NGE WHOLESALES LLC
  • Owner Before Previous Owner: EGNATUK FAMILY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bedminster Township School District
  • Census Tract: 052905

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: TAX MAP 1313
  • District: 01
  • Parcel: 01 00059- 23-07811-0000-CONDO
  • Block: 59.23
  • Lot: 7811
  • Municipality: BEDMINSTER TWP
  • Latitude: 40.6542
  • Longitude: -74.642

    Address

  • Full Address: 11 Cortland Ln
  • Address - House Number: 11
  • Address - Street Name: Cortland
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Bedminster
  • Carrier Code: C005
  • 4-Digit Zip Code: 2026
  • Zip Code: 07921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,270

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 219,417
  • High Value: 249,554
  • Low Value: 189,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,750
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $123,750
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $170,098
  • Market Land Value: $60,147
  • Market Improvement Value: $109,951

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,400
  • Assessed Land Value: $59,900
  • Assessed Improvements Value: $109,500

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11822777163
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021012641
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Dec 31, 2020
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $123,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 11 Cortland Lane located in?
The 11 Cortland Lane is a located in the neighborhood of Somerset in Somerset, Bedminster.
What is the average sales price for listings in 11 Cortland Lane?
The average sales price for units in 11 Cortland Lane is $0 currently.

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