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15 Lawrence Road

15 Lawrence Road, Madison, NJ 07940
Property in Morris
Sold Nov 29, 2021
$961,000
$720,750 by Td Bank Na
Mortgage Due Nov 01, 2051
Sold Jun 30, 2005
Transfer
15 Lawrence Road has been categorized by the local assessors in Madison, NJ as a residential type of property. The building on the property was first built in 1958 and is 66 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 15 Lawrence Road has 1,962 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 1,410 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 15,512 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. The property was last sold in Sep 28, 2021 for $961,000. That's $489.81 per sqft. 15 Lawrence Road was last assessed in 2023. The total value of the property was assessed at $756,600. Specifically, the land the property is located on was valued at $476,200. While improvements on the property were assessed at a total of $280,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,578. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,512
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,962
  • Building Area: 1,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.356
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AYERAS EVITA
  • Previous Owner : MATTIELLO JENNIFER
  • Owner Before Previous Owner: MATTIELLO JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Madison Borough School District
  • Census Tract: 043100

Zoning

  • Zoning: R-2

Geography

  • District: 17
  • Parcel: 17 04701-0000-00042
  • Block: 4701
  • Lot: 42
  • Municipality: MADISON BORO
  • Latitude: 40.7442
  • Longitude: -74.4098

    Address

  • Full Address: 15 Lawrence Rd
  • Address - House Number: 15
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Madison
  • Carrier Code: C020
  • 4-Digit Zip Code: 2800
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,578

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,095,153
  • High Value: 1,279,399
  • Low Value: 910,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,750
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $720,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $928,001
  • Market Land Value: $584,079
  • Market Improvement Value: $343,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,600
  • Assessed Land Value: $476,200
  • Assessed Improvements Value: $280,400

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11873043322
  • Current Sale Price: $961,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021095274
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 23, 2005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $720,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Madison



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Frequently Asked Questions

What neighborhood is 15 Lawrence Road located in?
The 15 Lawrence Road is a located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 15 Lawrence Road?
The average sales price for units in 15 Lawrence Road is $0 currently.

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