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120 Parlin Lane

120 Parlin Lane, Watchung, NJ 07069
Property in Somerset
Sold Aug 26, 2002
$665,000
$743,600 by The Provident Bank
Mortgage Due Sep 05, 2053
120 Parlin Lane has been categorized by the local assessors in Watchung, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The building has a total of 2 stories. In addition, 120 Parlin Lane has 5,821 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 60,984 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 underground or in the basement for those who require parking. According to our sources, there are a total of 3 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 Parlin Lane was last sold in Aug 20, 2002 for $665,000. According to our calculations, that's $114.24 per sqft. Current property owners are expected to pay $22,435 in taxes per year. The property on 120 Parlin Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,099,200. To break that down further, the land itself was valued at $271,000. While improvements to the property were assessed at a total of $828,200. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 5,821
  • Building Area: 5,821
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,821
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.4
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FERNANDES ISABEL
  • Current Owner 2: FERNANDES OCTAVIO
  • Previous Owner : ORENSTEIN SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: R-R

Geography

  • Assessors Map Reference: TAX MAP 13
  • Account Number: SB01
  • District: 21
  • Parcel: 21 04312-0000-00014
  • Block: 4312
  • Lot: 14
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6538
  • Longitude: -74.4435

    Address

  • Full Address: 120 Parlin Ln
  • Address - House Number: 120
  • Address - Street Name: Parlin
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C071
  • 4-Digit Zip Code: 5400
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,435

    Appraisal Valuation

  • Standard Deviation: 0.1107
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 88
  • Final Value: 1,411,693
  • High Value: 1,567,984
  • Low Value: 1,255,403

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,093,600
  • First Open Lien Mortgage Lender: THE PROVIDENT BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2023
  • First Open Lien Mortgage Loan Amount: $743,600
  • 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: Sep 05, 2053
  • Second Open Lien Mortgage Lender: MILLENNIUM BCPBANK NA
  • Second Open Lien Mortgage Recording Date: May 03, 2007
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 03, 2037
  • Third Open Lien Mortgage Lender: LUSITANIA SAVINGS BANK
  • Third Open Lien Mortgage Recording Date: Aug 11, 2015
  • Third Open Lien Mortgage Financing Type: Variable
  • Third Open Lien Mortgage Loan Amount: $200,000
  • Third Open Lien Mortgage Term: 180
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Aug 01, 2030

    Market Valuation

  • Market Total Value: $1,097,992
  • Market Land Value: $270,702
  • Market Improvement Value: $827,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,099,200
  • Assessed Land Value: $271,000
  • Assessed Improvements Value: $828,200

    Sales

  • Current Sale Contract Date: Aug 20, 2002
  • Current Sale Recording Date: Aug 26, 2002
  • Current Sale Transaction ID: 1192751339
  • Current Sale Price: $665,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROWN BANK
  • First Mortgage Transaction Date: Aug 26, 2002
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360

About Watchung



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Frequently Asked Questions

What neighborhood is 120 Parlin Lane located in?
The 120 Parlin Lane is a located in the neighborhood of Somerset in Watchung, Watchung.
What is the average sales price for listings in 120 Parlin Lane?
The average sales price for units in 120 Parlin Lane is $0 currently.

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