Check Availability

1306 Lenape Trail

1306 Lenape Trail, Manasquan, NJ 08736
House in Monmouth
Sold Nov 17, 2020
$500,000
$400,000 by Greenway Mortgage Funding Corp
Mortgage Due Nov 01, 2050
1306 Lenape Trail has been categorized by the local assessors in Manasquan, NJ as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1306 Lenape Trail has 1,914 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 1,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 10,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

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 built-in garage for those who require parking. The garage measured 120 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 1306 Lenape Trail sold most recently in Oct 29, 2020 for a total of $500,000. If you work out the math, that's approximately a cost of $261.23 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 $8,069 in taxes each year. 1306 Lenape Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $394,200. If we break it down further, the land itself was valued at $250,000. Improvements to the property, however, were assessed at a total of $144,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 120
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,914
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FARAGO STEPHEN
  • Current Owner 2: FARAGO JACLYN
  • Previous Owner : MARX ELIZABETH CUNNINGHAM
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808800

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 121
  • District: 52
  • Parcel: 52 00351-0000-00004
  • Block: 351
  • Lot: 4
  • Municipality: WALL TWP
  • Latitude: 40.1169
  • Longitude: -74.0694

    Address

  • Full Address: 1306 Lenape Trl
  • Address - House Number: 1306
  • Address - Street Name: Lenape
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Manasquan
  • Carrier Code: C007
  • 4-Digit Zip Code: 2312
  • Zip Code: 08736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,069

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 740,948
  • High Value: 879,616
  • Low Value: 602,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: GREENWAY MORTGAGE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $394,200
  • Market Land Value: $250,000
  • Market Improvement Value: $144,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,200
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $144,200

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11803050684
  • Current Sale Price: $500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020136728

    Last Sale Mortgage

  • First Mortgage Lender: GREENWAY MORTGAGE FUNDING CORP
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Monmouth



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 701 New York Avenue, Point Pleasant Beach, NJ, 08742

$1,800 /mo

  • 1 Bed
  • 1 Bath
701 New York Avenue #6, Point Pleasant Beach, NJ, 08742 Listing by Stacey Farinacci

Frequently Asked Questions

What neighborhood is 1306 Lenape Trail located in?
The 1306 Lenape Trail is a house located in the neighborhood of Monmouth in Monmouth, Manasquan.
What is the average sales price for listings in 1306 Lenape Trail?
The average sales price for units in 1306 Lenape Trail is $0 currently.

Quantcast