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24 Coles Way

24 Coles Way, Lakewood, NJ 08701
Property in Ocean
Sold Oct 31, 2008
$121,500
$89,910 by Citimortgage Inc
Mortgage Due Nov 01, 2038
Local assessors in Lakewood, NJ have categorized 24 Coles Way as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 686 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24 Coles Way has a total of 2,366 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. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 24 Coles Way sold most recently in Oct 23, 2008 for a total of $121,500. If you work out the math, that's approximately a cost of $51.35 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 $3,037 in taxes each year. 24 Coles Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $133,100. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $73,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 686
  • Total Building Area: 2,366
  • Building Area: 2,366
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,366
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD COMMONS CONDOMINIUM PHASE I
  • Land Acres: 0.015
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: JERRY LOW INCOME

Ownership

  • Current Owner : FRIEDMAN JEREMY
  • Current Owner 2: FRIEDMAN BREINDEL
  • Previous Owner : NJ HAND INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lakewood Township School District
  • Census Tract: 715800

Zoning

  • Zoning: R40C

Geography

  • Assessors Map Reference: TAX MAP 110
  • District: 15
  • Parcel: 15 00815-0000-00001- 42
  • Block: 815
  • Lot: 1.42
  • Municipality: LAKEWOOD TWP
  • Latitude: 40.0685
  • Longitude: -74.2068

    Address

  • Full Address: 24 Coles Way
  • Address - House Number: 24
  • Address - Street Name: Coles
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Lakewood
  • Carrier Code: C089
  • 4-Digit Zip Code: 4876
  • Zip Code: 08701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,037

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 479,237
  • High Value: 571,967
  • Low Value: 386,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $89,910
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 31, 2008
  • First Open Lien Mortgage Loan Amount: $89,910
  • 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: Nov 01, 2038

    Market Valuation

  • Market Total Value: $133,100
  • Market Land Value: $60,000
  • Market Improvement Value: $73,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,100
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $73,100

    Sales

  • Current Sale Contract Date: Oct 23, 2008
  • Current Sale Recording Date: Oct 31, 2008
  • Current Sale Transaction ID: 1131430859
  • Current Sale Price: $121,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2008113010

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Oct 31, 2008
  • First Mortgage Loan Amount: $89,910
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2038
  • Second Mortgage Lender: THE STATE OF NEW JERSEY
  • Second Mortgage Transaction Date: Oct 31, 2008
  • Second Mortgage Loan Amount: $158,500
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

About Ocean



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Frequently Asked Questions

What neighborhood is 24 Coles Way located in?
The 24 Coles Way is a located in the neighborhood of Ocean in Ocean, Lakewood.
What is the average sales price for listings in 24 Coles Way?
The average sales price for units in 24 Coles Way is $0 currently.

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