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2 Jimland Terrace

2 Jimland Terrace, Newton, NJ 07860
Property in Sussex
Sold Oct 14, 2016
$137,500
$135,009 by Weichert Financial Services
Mortgage Due Oct 01, 2046
Sold Jun 10, 2004
$235,000
$188,000 by Coast Mortgage Corp
Mortgage Due Jun 01, 2034
2 Jimland Terrace has been categorized by the local assessors in Newton, NJ as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The building has a total of 2 stories. In addition, 2 Jimland Terrace has 1,552 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 5,619 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. 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. 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, 2 Jimland Terrace was last sold in Sep 28, 2016 for $137,500. According to our calculations, that's $88.60 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Jun 1, 2004. Current property owners are expected to pay $8,089 in taxes per year. The property on 2 Jimland Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $180,000. To break that down further, the land itself was valued at $61,500. While improvements to the property were assessed at a total of $118,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Split level
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,619
  • Total Building Area: 1,552
  • Building Area: 1,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,552
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WISNIEWSKI ROBERT
  • Current Owner 2: WISNIEWSKI ROBERTA
  • Previous Owner : MARKS KEVIN D
  • Previous Owner 2: MARKS KELLY A
  • Owner Before Previous Owner: LEACH WENDY A
  • Owner Before Previous Owner 2: LEACH CHARLES F
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newton Town School District
  • Census Tract: 373700

Zoning

  • Zoning: T-3

Geography

  • Account Number: 00006877
  • District: 15
  • Parcel: 15 00006- 04-00010
  • Block: 6.04
  • Lot: 10
  • Municipality: NEWTON TOWN
  • Latitude: 41.0511
  • Longitude: -74.7634

    Address

  • Full Address: 2 Jimland Ter
  • Address - House Number: 2
  • Address - Street Name: Jimland
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Newton
  • Carrier Code: C003
  • 4-Digit Zip Code: 1510
  • Zip Code: 07860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,089

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 339,780
  • High Value: 419,674
  • Low Value: 259,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,009
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Oct 14, 2016
  • First Open Lien Mortgage Loan Amount: $135,009
  • 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, 2046

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $61,500
  • Market Improvement Value: $118,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,000
  • Assessed Land Value: $61,500
  • Assessed Improvements Value: $118,500

    Sales

  • Current Sale Contract Date: Sep 28, 2016
  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Transaction ID: 1818650091
  • Current Sale Price: $137,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20161014010193870
  • Previous Sale Recording Date: Jun 10, 2004
  • Previous Sale Contract Date: Jun 01, 2004
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 14, 2016
  • First Mortgage Loan Amount: $135,009
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: COAST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 10, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2034

About Newton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2 Jimland Terrace located in?
The 2 Jimland Terrace is a located in the neighborhood of Sussex in Newton, Newton.
What is the average sales price for listings in 2 Jimland Terrace?
The average sales price for units in 2 Jimland Terrace is $0 currently.

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