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195 West Lake Shore Drive

195 West Lake Shore Drive, Rockaway, NJ 07866
House in Morris
Sold Sep 15, 2021
$715,000
$763,000 by Capital Stack Fund 2 Llc
Mortgage Due Dec 19, 2051
Sold Mar 01, 2002
$290,000
$220,000 by Weichert Financial
Mortgage
195 West Lake Shore Drive has been categorized by the local assessors in Rockaway, NJ as a residential type of property. The building on the property was first built in 1995 and is 29 years old. In addition, 195 West Lake Shore Drive has 3,890 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 6,680 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 77,972 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. 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, 195 West Lake Shore Drive sold most recently in Jun 23, 2021 for a total of $715,000. If you work out the math, that's approximately a cost of $183.80 per sqft. Before that, the property was also sold for $290,000 in Feb 13, 2002. 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 $19,008 in taxes each year. 195 West Lake Shore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $724,400. If we break it down further, the land itself was valued at $236,100. Improvements to the property, however, were assessed at a total of $488,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 77,972
  • Lot Size Depth Feet: 6,680
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,890
  • Building Area: 3,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.79
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 20

Ownership

  • Current Owner : WHITE MEADOW HILL LLC
  • Previous Owner : WEIZMAN RAPHAEL
  • Previous Owner 2: WEIZMAN SUSAN B
  • Owner Before Previous Owner: ROSENRAUCH ARIE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rockaway Township School District
  • Census Tract: 044403

Zoning

  • Zoning: R-13

Geography

  • Assessors Map Reference: TAX MAP 209
  • Account Number: 00400214
  • District: 35
  • Parcel: 35 20901-0000-00021
  • Block: 20901
  • Lot: 21
  • Municipality: ROCKAWAY TWP
  • Latitude: 40.9312
  • Longitude: -74.5155

    Address

  • Full Address: 195 W Lake Shore Dr
  • Address - House Number: 195
  • Street Direction: W
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Rockaway
  • Carrier Code: C011
  • 4-Digit Zip Code: 1001
  • Zip Code: 07866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,008

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 884,977
  • High Value: 1,021,560
  • Low Value: 748,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $763,000
  • First Open Lien Mortgage Lender: CAPITAL STACK FUND 2 LLC
  • First Open Lien Mortgage Recording Date: Dec 19, 2021
  • First Open Lien Mortgage Loan Amount: $763,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 19, 2051

    Market Valuation

  • Market Total Value: $771,541
  • Market Land Value: $251,464
  • Market Improvement Value: $520,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $724,400
  • Assessed Land Value: $236,100
  • Assessed Improvements Value: $488,300

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11855821675
  • Current Sale Price: $715,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021075148
  • Previous Sale Recording Date: Mar 01, 2002
  • Previous Sale Contract Date: Feb 13, 2002
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL
  • Previous Mortgage Transaction Date: Mar 01, 2002
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360

About White Meadow Lake



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Frequently Asked Questions

What neighborhood is 195 West Lake Shore Drive located in?
The 195 West Lake Shore Drive is a house located in the neighborhood of Morris in White Meadow Lake, Rockaway.
What is the average sales price for listings in 195 West Lake Shore Drive?
The average sales price for units in 195 West Lake Shore Drive is $0 currently.

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