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124 Lake Iliff Road

124 Lake Iliff Road, Newton, NJ 07860
Property in Sussex
Sold May 22, 2021
$200,000
$194,000 by Family First Funding Llc
Mortgage Due Oct 01, 2050
Sold Nov 18, 2009
$228,000
$223,850 by Weichert Financial Services
Mortgage Due Dec 01, 2039
124 Lake Iliff Road has been categorized by the local assessors in Newton, NJ as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The building has a total of 2 stories. In addition, 124 Lake Iliff Road has 1,614 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 87,120 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. 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, 124 Lake Iliff Road was last sold in Sep 21, 2020 for $200,000. According to our calculations, that's $123.92 per sqft. Prior to that sales transaction, the property was sold for $228,000 in Nov 16, 2009. Current property owners are expected to pay $8,142 in taxes per year. The property on 124 Lake Iliff Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $200,500. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $100,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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: 1912
  • Effective Year Built: 1912
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,614
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KASHANI BOBBAC
  • Current Owner 2: KASHANI DAVID ANNA
  • Previous Owner : AYERS KENNETH I
  • Previous Owner 2: GRIFFITH AYERS RAYMOND
  • Owner Before Previous Owner: ALESSANDRA SCOTT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Andover Regional School District
  • Census Tract: 373600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 27
  • Account Number: 00018209
  • District: 02
  • Parcel: 02 00130-0000-00008
  • Block: 130
  • Lot: 8
  • Municipality: ANDOVER TWP
  • Latitude: 41.0349
  • Longitude: -74.7215

    Address

  • Full Address: 124 Lake Iliff Rd
  • Address - House Number: 124
  • Address - Street Name: Lake Iliff
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Newton
  • Carrier Code: R001
  • 4-Digit Zip Code: 9701
  • Zip Code: 07860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,142

    Appraisal Valuation

  • Standard Deviation: 0.2243
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 369,632
  • High Value: 452,562
  • Low Value: 286,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Open Lien Mortgage Recording Date: May 22, 2021
  • First Open Lien Mortgage Loan Amount: $194,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $200,500
  • Market Land Value: $100,000
  • Market Improvement Value: $100,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,500
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $100,500

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: May 22, 2021
  • Current Sale Transaction ID: 11838481916
  • Current Sale Price: $200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20210522010134490
  • Previous Sale Recording Date: Nov 18, 2009
  • Previous Sale Contract Date: Nov 16, 2009
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAMILY FIRST FUNDING LLC
  • First Mortgage Transaction Date: May 22, 2021
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Nov 18, 2009
  • Previous Mortgage Loan Amount: $223,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About Sussex



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Frequently Asked Questions

What neighborhood is 124 Lake Iliff Road located in?
The 124 Lake Iliff Road is a located in the neighborhood of Sussex in Sussex, Newton.
What is the average sales price for listings in 124 Lake Iliff Road?
The average sales price for units in 124 Lake Iliff Road is $0 currently.

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