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14 Homestead Lane

14 Homestead Lane, Lincoln Park, NJ 07035
Property in Morris
Sold Dec 18, 2013
$260,000
$208,000 by Summit Mortgage Bankers Inc
Mortgage Due Jan 01, 2029
14 Homestead Lane has been categorized by the local assessors in Lincoln Park, NJ as a residential type of property. The building on the property was first built in 1985 and is 39 years old. In addition, 14 Homestead Lane has 1,404 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 5,497 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. 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, 14 Homestead Lane was last sold in Dec 9, 2013 for $260,000. According to our calculations, that's $185.19 per sqft. Current property owners are expected to pay $8,355 in taxes per year. The property on 14 Homestead Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $274,400. To break that down further, the land itself was valued at $140,000. While improvements to the property were assessed at a total of $134,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,497
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZHOU NING
  • Previous Owner : COCHRANE WILLIAM H
  • Previous Owner 2: COCHRANE ELIZABETH L

Neighborhood

  • School District Name: Lincoln Park Borough School District
  • Census Tract: 040102

Zoning

  • Zoning: PRD2

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 16
  • Parcel: 16 00046- 8-00010
  • Block: 46.8
  • Lot: 10
  • Municipality: LINCOLN PARK BORO
  • Latitude: 40.9184
  • Longitude: -74.2988

    Address

  • Full Address: 14 Homestead Ln
  • Address - House Number: 14
  • Address - Street Name: Homestead
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Lincoln Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 2042
  • Zip Code: 07035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,355

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 435,625
  • High Value: 503,674
  • Low Value: 367,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Dec 18, 2013
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2029

    Market Valuation

  • Market Total Value: $332,565
  • Market Land Value: $169,676
  • Market Improvement Value: $162,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,400
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $134,400

    Sales

  • Current Sale Contract Date: Dec 09, 2013
  • Current Sale Recording Date: Dec 18, 2013
  • Current Sale Transaction ID: 1192415238
  • Current Sale Price: $260,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013095991

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Dec 18, 2013
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2029

About Lincoln Park



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 14 Homestead Lane located in?
The 14 Homestead Lane is a located in the neighborhood of Morris in Lincoln Park, Lincoln Park.
What is the average sales price for listings in 14 Homestead Lane?
The average sales price for units in 14 Homestead Lane is $0 currently.

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