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1602 Northcrest Terrace

1602 Northcrest Terrace, Whippany, NJ 07981
Property in Morris
Sold Dec 06, 2021
$507,500
$489,850 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Jul 20, 2005
$480,000
$384,000 by Hudson City Savings Bank Fsb
Mortgage Due Aug 01, 2035
1602 Northcrest Terrace in Whippany, NJ was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 1602 Northcrest Terrace has 1,908 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,735 square feet.

Learn more about the property and building on this page. The property was last sold in Sep 5, 2021 for $507,500. That's $265.99 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2005 for $480,000. 1602 Northcrest Terrace was last assessed in 2023. The total value of the property was assessed at $343,600. Specifically, the land the property is located on was valued at $135,000. While improvements on the property were assessed at a total of $208,600. 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 $7,212. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,735
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK RIDGE AT HANOVER
  • Land Acres: 0.476
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SEEDARIE SHELINE RACENE
  • Previous Owner : LIU JIAN
  • Previous Owner 2: LIU WENQI
  • Owner Before Previous Owner: SILAGHY FRANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Hanover Township School District
  • Census Tract: 042100

Zoning

  • Zoning: RM

Geography

  • District: 12
  • Parcel: 12 04301-0000-00002-0000-C1602
  • Block: 4301
  • Lot: 2
  • Municipality: HANOVER TWP
  • Latitude: 40.8209
  • Longitude: -74.4206

    Address

  • Full Address: 1602 Northcrest Ter
  • Address - House Number: 1602
  • Address - Street Name: Northcrest
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Whippany
  • Carrier Code: C010
  • 4-Digit Zip Code: 1427
  • Zip Code: 07981

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,212

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 584,993
  • High Value: 682,296
  • Low Value: 487,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $489,850
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $489,850
  • 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, 2051

    Market Valuation

  • Market Total Value: $452,224
  • Market Land Value: $177,678
  • Market Improvement Value: $274,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,600
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $208,600

    Sales

  • Current Sale Contract Date: Sep 05, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11875055891
  • Current Sale Price: $507,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021097553
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Contract Date: Jul 11, 2005
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $489,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK FSB
  • Previous Mortgage Transaction Date: Jul 20, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $384,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Morris



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Frequently Asked Questions

What neighborhood is 1602 Northcrest Terrace located in?
The 1602 Northcrest Terrace is a located in the neighborhood of Morris in Morris, Whippany.
What is the average sales price for listings in 1602 Northcrest Terrace?
The average sales price for units in 1602 Northcrest Terrace is $0 currently.

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