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20 Crane Road

20 Crane Road, Mountain Lakes, NJ 07046
Property in Morris
Sold Sep 06, 2012
$563,500
$417,000 by Kwik Mortgage Corp
Mortgage Due Sep 01, 2042
20 Crane Road has been categorized by the local assessors in Mountain Lakes, NJ as a residential type of property. The building on the property was first built in 1921 and is 103 years old. The building has a total of 2 stories. In addition, 20 Crane Road has 2,312 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 1,600 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 24,002 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 other control joints. The exterior walls of the building are made of stucco. 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, 20 Crane Road sold most recently in Aug 15, 2012 for a total of $563,500. If you work out the math, that's approximately a cost of $243.73 per sqft. 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 $18,677 in taxes each year. 20 Crane Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $738,800. If we break it down further, the land itself was valued at $377,200. Improvements to the property, however, were assessed at a total of $361,600. 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. 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!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: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,002
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,312
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF THE BELHALL CO
  • Land Acres: 0.551
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHEN CHAO
  • Current Owner 2: SHI YAN
  • Previous Owner : BROWN PETER W
  • Previous Owner 2: BROWN PAMELA T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mountain Lakes Borough School District
  • Census Tract: 041200

Zoning

  • Zoning: R-A

Geography

  • Assessors Map Reference: TAX MAP 7
  • Account Number: 1014400
  • District: 25
  • Parcel: 25 00021-0000-00028
  • Block: 21
  • Lot: 28
  • Municipality: MOUNTAIN LAKES BORO
  • Latitude: 40.8858
  • Longitude: -74.4501

    Address

  • Full Address: 20 Crane Rd
  • Address - House Number: 20
  • Address - Street Name: Crane
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Mountain Lakes
  • Carrier Code: C007
  • 4-Digit Zip Code: 1604
  • Zip Code: 07046

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,677

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 884,772
  • High Value: 1,064,390
  • Low Value: 705,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: KWIK MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 06, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Sep 01, 2042

    Market Valuation

  • Market Total Value: $754,956
  • Market Land Value: $385,449
  • Market Improvement Value: $369,507

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,800
  • Assessed Land Value: $377,200
  • Assessed Improvements Value: $361,600

    Sales

  • Current Sale Contract Date: Aug 15, 2012
  • Current Sale Recording Date: Sep 06, 2012
  • Current Sale Transaction ID: 11474500711
  • Current Sale Price: $563,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012069542

    Last Sale Mortgage

  • First Mortgage Lender: KWIK MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 06, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

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Frequently Asked Questions

What neighborhood is 20 Crane Road located in?
The 20 Crane Road is a located in the neighborhood of Morris in Mountain Lakes, Mountain Lakes.
What is the average sales price for listings in 20 Crane Road?
The average sales price for units in 20 Crane Road is $0 currently.

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