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2 Orchard Lane

2 Orchard Lane, Lebanon, NJ 08833
Property in Hunterdon
Sold Feb 09, 2004
$1,360,000
$450,000 by Sullivan Financial Service Inc
Mortgage Due Feb 01, 2034
Sold Mar 06, 1995
$220,000
2 Orchard Lane in Lebanon, NJ was first built in 1999 and is 25 years old. This has been categorized as a residential property type. There are a total of 2 floors. 2 Orchard Lane has 4,564 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 192,100 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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 Orchard Lane was last sold in Jan 5, 2004 for $1,360,000. According to our calculations, that's $297.98 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Feb 28, 1995. Current property owners are expected to pay $22,144 in taxes per year. The property on 2 Orchard Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $937,500. To break that down further, the land itself was valued at $263,200. While improvements to the property were assessed at a total of $674,300. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 192,100
  • Total Building Area: 4,564
  • Building Area: 4,564
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,564
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.41
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GERLEIT LINDA R
  • Previous Owner : MALOY RICHARD
  • Previous Owner 2: MALOY ANN MARIE
  • Owner Before Previous Owner: OLDWICK MEADOWS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tewksbury Township School District
  • Census Tract: 010100

Zoning

  • Zoning: FP

Geography

  • Assessors Map Reference: TAX MAP 55
  • District: 24
  • Parcel: 24 00036-0000-00003- 21
  • Block: 36
  • Lot: 3.21
  • Municipality: TEWKSBURY TWP
  • Latitude: 40.6701
  • Longitude: -74.7894

    Address

  • Full Address: 2 Orchard Ln
  • Address - House Number: 2
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Lebanon
  • Carrier Code: R003
  • 4-Digit Zip Code: 4443
  • Zip Code: 08833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,144

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 993,885
  • High Value: 1,149,584
  • Low Value: 838,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: SULLIVAN FINANCIAL SERVICE INC
  • First Open Lien Mortgage Recording Date: Feb 09, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Feb 01, 2034

    Market Valuation

  • Market Total Value: $937,500
  • Market Land Value: $263,200
  • Market Improvement Value: $674,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $937,500
  • Assessed Land Value: $263,200
  • Assessed Improvements Value: $674,300

    Sales

  • Current Sale Contract Date: Jan 05, 2004
  • Current Sale Recording Date: Feb 09, 2004
  • Current Sale Transaction ID: 11474015956
  • Current Sale Price: $1,360,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 8478800
  • Previous Sale Recording Date: Mar 06, 1995
  • Previous Sale Contract Date: Feb 28, 1995
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SULLIVAN FINANCIAL SERVICE INC
  • First Mortgage Transaction Date: Feb 09, 2004
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Hunterdon



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Frequently Asked Questions

What neighborhood is 2 Orchard Lane located in?
The 2 Orchard Lane is a located in the neighborhood of Hunterdon in Hunterdon, Lebanon.
What is the average sales price for listings in 2 Orchard Lane?
The average sales price for units in 2 Orchard Lane is $0 currently.

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