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2 Pershing Avenue

2 Pershing Avenue, Budd Lake, NJ 07828
Property in Morris
Sold Jan 09, 2013
$321,000
$304,950 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2043
Sold May 07, 2010
$330,750
$334,541 by Mortgage Research Center Llc
Mortgage Due May 01, 2040
Local assessors in Budd Lake, NJ have categorized 2 Pershing Avenue as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 15,002 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2 Pershing Avenue has a total of 1,776 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 2 Pershing Avenue sold most recently in Jan 3, 2013 for a total of $321,000. If you work out the math, that's approximately a cost of $180.74 per sqft. Before that, the property was also sold for $330,750 in Apr 27, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,546 in taxes each year. 2 Pershing Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,000. If we break it down further, the land itself was valued at $134,400. Improvements to the property, however, were assessed at a total of $125,600. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: B78-C L1

Ownership

  • Current Owner : RAMIREZ CARLOS
  • Current Owner 2: MILARA MELISSA
  • Previous Owner : MARTINEZ ALEXIS E
  • Owner Before Previous Owner: LANSBURY WILLIAM
  • Owner Before Previous Owner 2: LANSBURY LAURIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046109

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 360
  • Account Number: 06010480
  • District: 27
  • Parcel: 27 03602-0000-00001
  • Block: 3602
  • Lot: 1
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8655
  • Longitude: -74.7334

    Address

  • Full Address: 2 Pershing Ave
  • Address - House Number: 2
  • Address - Street Name: Pershing
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Budd Lake
  • Carrier Code: C003
  • 4-Digit Zip Code: 3508
  • Zip Code: 07828

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,546

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 489,457
  • High Value: 573,871
  • Low Value: 405,042

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,950
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 09, 2013
  • First Open Lien Mortgage Loan Amount: $304,950
  • 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: Jan 01, 2043

    Market Valuation

  • Market Total Value: $315,726
  • Market Land Value: $163,206
  • Market Improvement Value: $152,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $134,400
  • Assessed Improvements Value: $125,600

    Sales

  • Current Sale Contract Date: Jan 03, 2013
  • Current Sale Recording Date: Jan 09, 2013
  • Current Sale Transaction ID: 1192441406
  • Current Sale Price: $321,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013002804
  • Previous Sale Recording Date: May 07, 2010
  • Previous Sale Contract Date: Apr 27, 2010
  • Previous Sale Amount: $330,750
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 09, 2013
  • First Mortgage Loan Amount: $304,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: May 07, 2010
  • Previous Mortgage Loan Amount: $334,541
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2040

About Budd Lake



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Frequently Asked Questions

What neighborhood is 2 Pershing Avenue located in?
The 2 Pershing Avenue is a located in the neighborhood of Morris in Budd Lake, Budd Lake.
What is the average sales price for listings in 2 Pershing Avenue?
The average sales price for units in 2 Pershing Avenue is $0 currently.

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