Check Availability

240 Slocum Way

240 Slocum Way, Fort Lee, NJ 07024
Property in Bergen
Sold Aug 09, 2000
$614,000
Sold Jul 09, 1999
$195,000
240 Slocum Way has been categorized by the local assessors in Fort Lee, NJ as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The building has a total of 2 stories. In addition, 240 Slocum Way has 2,542 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 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,001 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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, 240 Slocum Way sold most recently in Aug 3, 2000 for a total of $614,000. If you work out the math, that's approximately a cost of $241.54 per sqft. Before that, the property was also sold for $195,000 in Jul 6, 1999. 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 $18,389 in taxes each year. 240 Slocum Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $740,600. If we break it down further, the land itself was valued at $385,000. Improvements to the property, however, were assessed at a total of $355,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,542
  • Building Area: 2,542
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,542
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MOTWANI RAVI
  • Current Owner 2: MOTWANI NARI
  • Previous Owner : V & R DEVELOPERS INC
  • Owner Before Previous Owner: SPINELLI MARGARET A
  • Owner Before Previous Owner 2: MCNEIL RACQUEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fort Lee Borough School District
  • Census Tract: 019305

Zoning

  • Zoning: R2

Geography

  • District: 19
  • Parcel: 19 03151-0000-00011
  • Block: 3151
  • Lot: 11
  • Municipality: FORT LEE BORO
  • Latitude: 40.8469
  • Longitude: -73.9731

    Address

  • Full Address: 240 Slocum Way
  • Address - House Number: 240
  • Address - Street Name: Slocum
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Fort Lee
  • Carrier Code: C027
  • 4-Digit Zip Code: 5306
  • Zip Code: 07024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,389

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,146,260
  • High Value: 1,359,283
  • Low Value: 933,238

    Market Valuation

  • Market Total Value: $740,600
  • Market Land Value: $385,000
  • Market Improvement Value: $355,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $740,600
  • Assessed Land Value: $385,000
  • Assessed Improvements Value: $355,600

    Sales

  • Current Sale Contract Date: Aug 03, 2000
  • Current Sale Recording Date: Aug 09, 2000
  • Current Sale Transaction ID: 1191432894
  • Current Sale Price: $614,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 098284
  • Previous Sale Recording Date: Jul 09, 1999
  • Previous Sale Contract Date: Jul 06, 1999
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Mortgage Transaction Date: Aug 09, 2000
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2030

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Fort Lee



Similar Buildings

Property at 240 Slocum Way,

216 Riverdale Drive

  • 1 Unit for Sale
  • 1 Story
216 Riverdale Drive, Fort Lee, NJ 07024 Residential in Bergen
Property at 240 Slocum Way,

1500 Palisade Avenue

  • 2 Units for Sale
  • 3 Stories
1500 Palisade Avenue, Fort Lee, NJ 07024 Other in Bergen
Property at 240 Slocum Way,

1530 Palisade Avenue

  • 1 Unit for Sale
1530 Palisade Avenue, Fort Lee, NJ 07024 Condo in Bergen
Property at 240 Slocum Way,

1512 Palisade Avenue

  • 4 Units for Sale
1512 Palisade Avenue, Fort Lee, NJ 07024 Condo in Bergen
Property at 240 Slocum Way,

1450 Palisade Avenue

  • 1 Unit for Sale
1450 Palisade Avenue, Fort Lee, NJ 07024 Condo in Bergen
Property at 240 Slocum Way,

1600 Center Avenue

  • 1 Unit for Sale
1600 Center Avenue, Fort Lee, NJ 07024 House in Bergen
Property at 240 Slocum Way,

23 Leary Lane

  • 1 Unit for Sale
  • 2 Stories
23 Leary Lane, Edgewater, NJ 07020 Other in Bergen
Property at 240 Slocum Way,

1556 River Road

  • 1 Unit for Sale
1556 River Road, Edgewater, NJ 07020 Townhouse in Bergen
Property at 240 Slocum Way,

100 Old Palisade Road

  • 1 Unit for Sale
100 Old Palisade Road, Fort Lee, NJ 07024 Condo in Bergen

Nearby Rentals

Unit for rent at 263 Tremont Avenue, Fort Lee, NJ 07024

$3,500 /mo

  • 3 Beds
  • 1 Bath
263 Tremont Avenue #Apt 6E, Fort Lee, NJ 07024 Listing by Amanda Vargas
Unit for rent at 615 West 136th Street, New York City, NY, 10031

$1,250 /mo

  • Loft
  • 1 Bath
  • 110 ft²
615 West 136th Street, New York City, NY, 10031
Unit for rent at 38 Garden Place, Edgewater, NJ, 07020

$2,850 /mo

  • 2 Beds
  • 2 Baths
38 Garden Place, Edgewater, NJ, 07020 Listing by Emily Q. Zhu
Unit for rent at 491 Grand Ave, Englewood City, NJ, 07631-4906

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,600 ft²
491 Grand Ave, Englewood City, NJ, 07631-4906 Listing by ROBERT NIETO
Unit for rent at 416 Lawton Avenue, Cliffside Park, NJ, 07010

$6,800 /mo

  • 3 Beds
  • 3.5 Baths
416 Lawton Avenue, Cliffside Park, NJ, 07010 Listing by Robert Nieto
Unit for rent at 1111 River Road, Edgewater, NJ, 07020

$1,650 /mo

  • Studio
  • 1 Bath
1111 River Road, Edgewater, NJ, 07020 Listing by Wendy Y. Gamez
Unit for rent at 333 Bergen Boulevard, Fairview, NJ, 07022

$2,450 /mo

  • 1 Bed
  • 1 Bath
333 Bergen Boulevard, Fairview, NJ, 07022 Listing by Lucy Schmitt

Frequently Asked Questions

What neighborhood is 240 Slocum Way located in?
The 240 Slocum Way is a located in the neighborhood of Bergen in Fort Lee, Fort Lee.
What is the average sales price for listings in 240 Slocum Way?
The average sales price for units in 240 Slocum Way is $0 currently.

Quantcast