16 Lafayette Avenue

Local assessors in Summit, NJ have categorized 16 Lafayette Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 8,499 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 Lafayette Avenue has a total of 1,874 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The property was last sold in Mar 25, 2003 for $370,000. That's $197.44 per sqft. Prior to that sales transaction, the property was also sold in Dec 11, 1995 for $231,500. 16 Lafayette Avenue was last assessed in 2023. The total value of the property was assessed at $206,500. Specifically, the land the property is located on was valued at $109,000. While improvements on the property were assessed at a total of $97,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,935. 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. 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.