120 Lafayette Avenue

120 Lafayette Avenue has been categorized by the local assessors in Chatham, NJ as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The building has a total of 2 stories. In addition, 120 Lafayette Avenue has 2,007 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,220 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 7,562 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 120 Lafayette Avenue was last sold in Jul 20, 2021 for $931,111. According to our calculations, that's $463.93 per sqft. Current property owners are expected to pay $12,679 in taxes per year. The property on 120 Lafayette Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $815,900. To break that down further, the land itself was valued at $530,400. While improvements to the property were assessed at a total of $285,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.