Check Availability

2 Oakwood Trail

2 Oakwood Trail, Butler, NJ 07405
Property in Morris
Sold Mar 09, 2005
$70,000
$475,000 by Lincoln 1st Bank
Mortgage Due Apr 01, 2050
Sold Dec 30, 1998
$145,000
$137,750 by American Svgs Bank Of Ny
Mortgage Due Jan 01, 2029
2 Oakwood Trail has been categorized by the local assessors in Butler, NJ as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The building has a total of 2 stories. In addition, 2 Oakwood Trail has 2,340 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 10,019 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 Feb 16, 2005 for $70,000. That's $29.91 per sqft. Prior to that sales transaction, the property was also sold in Dec 15, 1998 for $145,000. 2 Oakwood Trail was last assessed in 2023. The total value of the property was assessed at $560,200. Specifically, the land the property is located on was valued at $194,500. While improvements on the property were assessed at a total of $365,700. 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 $15,893. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHAEFFER ANDREW
  • Previous Owner : SCHAEFFER MINDY
  • Owner Before Previous Owner: MALONE GARY J
  • Owner Before Previous Owner 2: MALONE ROBIN ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kinnelon Borough School District
  • Census Tract: 040701

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 47
  • District: 15
  • Parcel: 15 34706-0000-00106
  • Block: 34706
  • Lot: 106
  • Municipality: KINNELON BORO
  • Latitude: 40.9713
  • Longitude: -74.3709

    Address

  • Full Address: 2 Oakwood Trl
  • Address - House Number: 2
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Kinnelon
  • Carrier Code: C005
  • 4-Digit Zip Code: 3116
  • Zip Code: 07405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,893

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 737,948
  • High Value: 853,222
  • Low Value: 622,674

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: LINCOLN 1ST BANK
  • First Open Lien Mortgage Recording Date: Apr 25, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 371
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $598,633
  • Market Land Value: $207,844
  • Market Improvement Value: $390,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,200
  • Assessed Land Value: $194,500
  • Assessed Improvements Value: $365,700

    Sales

  • Current Sale Contract Date: Feb 16, 2005
  • Current Sale Recording Date: Mar 09, 2005
  • Current Sale Transaction ID: 1101089202
  • Current Sale Price: $70,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Contract Date: Dec 15, 1998
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SVGS BANK OF NY
  • Previous Mortgage Transaction Date: Dec 30, 1998
  • Previous Mortgage Loan Amount: $137,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2029

About Kinnelon



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2 Oakwood Trail located in?
The 2 Oakwood Trail is a located in the neighborhood of Morris in Kinnelon, Butler.
What is the average sales price for listings in 2 Oakwood Trail?
The average sales price for units in 2 Oakwood Trail is $0 currently.

Quantcast