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12 Spring Lane

12 Spring Lane, Caldwell, NJ 07006
Property in Essex
Sold Mar 27, 2023
$365,000
$346,750 by Crosscountry Mortgage, Llc
Mortgage Due Apr 01, 2053
12 Spring Lane in Caldwell, NJ was first built in 1925 and is 99 years old. This has been categorized as a residential property type. 12 Spring Lane has 1,208 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 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,001 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, 12 Spring Lane sold most recently in Mar 24, 2023 for a total of $365,000. If you work out the math, that's approximately a cost of $302.15 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 $7,086 in taxes each year. 12 Spring Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $266,600. If we break it down further, the land itself was valued at $139,200. Improvements to the property, however, were assessed at a total of $127,400. 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: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,208
  • Building Area: 1,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PORTILLA CARLA
  • Current Owner 2: GARCIA JOSUE
  • Previous Owner : LENTINI ALLEN L
  • Previous Owner 2: LENTINI NANCY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Caldwell-West Caldwell School District
  • Census Tract: 021802

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 21
  • Parcel: 21 01101-0000-00049
  • Block: 1101
  • Lot: 49
  • Municipality: WEST CALDWELL TWP
  • Latitude: 40.8572
  • Longitude: -74.2862

    Address

  • Full Address: 12 Spring Ln
  • Address - House Number: 12
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: West Caldwell
  • Carrier Code: C013
  • 4-Digit Zip Code: 6402
  • Zip Code: 07006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,086

    Appraisal Valuation

  • Standard Deviation: 0.1066
  • Valuation Date: Apr 12, 2023
  • Confidence Score: 89
  • Final Value: 386,818
  • High Value: 428,059
  • Low Value: 345,578

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,750
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Mar 27, 2023
  • First Open Lien Mortgage Loan Amount: $346,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $266,600
  • Market Land Value: $139,200
  • Market Improvement Value: $127,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $266,600
  • Assessed Land Value: $139,200
  • Assessed Improvements Value: $127,400

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Transaction ID: 11904962448
  • Current Sale Price: $365,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19057

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Mar 27, 2023
  • First Mortgage Loan Amount: $346,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Apr 01, 2053

About Essex



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266 Bloomfield Avenue, Caldwell Boro Twp., NJ, 07006-5101 Listing by JAMES R. MATARAZZO JR.

Frequently Asked Questions

What neighborhood is 12 Spring Lane located in?
The 12 Spring Lane is a residential located in the neighborhood of Essex in Essex, Caldwell.
What is the average sales price for listings in 12 Spring Lane?
The average sales price for units in 12 Spring Lane is $0 currently.

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