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256 Lake Street

256 Lake Street, Saddle River, NJ 07458
Property in Bergen
Sold Dec 01, 2022
$1,720,000
$1,462,000 by Citibank, Na
Mortgage Due Nov 01, 2052
Sold Feb 27, 2017
$1,345,000
$1,075,000 by New Jersey Lenders Corp
Mortgage Due Mar 01, 2047
256 Lake Street in Saddle River, NJ was first built in 2017 and is 7 years old. This has been categorized as a residential property type. 256 Lake Street has 4,158 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 60,243 square feet.

Learn more about the property and building on this page. 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, 256 Lake Street sold most recently in Sep 30, 2022 for a total of $1,720,000. If you work out the math, that's approximately a cost of $413.66 per sqft. Before that, the property was also sold for $1,345,000 in Feb 2, 2017. 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 $24,532 in taxes each year. 256 Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $992,000. If we break it down further, the land itself was valued at $303,000. Improvements to the property, however, were assessed at a total of $689,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,243
  • Total Building Area: 4,158
  • Building Area: 4,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.383
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BIENSTOCK TROY P
  • Current Owner 2: BIENSTOCK LEAH R
  • Previous Owner : CANNON WILLIAM P
  • Previous Owner 2: CANNON PATRICE
  • Owner Before Previous Owner: LAKE STREET DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Northern Highlands Regional School District
  • Census Tract: 053201

Geography

  • District: 63
  • Parcel: 63 01203-0000-00017- 02
  • Block: 1203
  • Lot: 17.02
  • Municipality: UPPER SADDLE RIV BORO
  • Latitude: 41.0584
  • Longitude: -74.0947

    Address

  • Full Address: 256 Lake St
  • Address - House Number: 256
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Upper Saddle River
  • Carrier Code: C011
  • 4-Digit Zip Code: 1620
  • Zip Code: 07458

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,532

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,627,573
  • High Value: 1,950,128
  • Low Value: 1,305,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,462,000
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Dec 01, 2022
  • First Open Lien Mortgage Loan Amount: $1,462,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $992,000
  • Market Land Value: $303,000
  • Market Improvement Value: $689,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $992,000
  • Assessed Land Value: $303,000
  • Assessed Improvements Value: $689,000

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Transaction ID: 11900316112
  • Current Sale Price: $1,720,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 111394
  • Previous Sale Recording Date: Feb 27, 2017
  • Previous Sale Contract Date: Feb 02, 2017
  • Previous Sale Amount: $1,345,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Dec 01, 2022
  • First Mortgage Loan Amount: $1,462,000
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEW JERSEY LENDERS CORP
  • Previous Mortgage Transaction Date: Feb 27, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,075,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About Upper Saddle River



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Frequently Asked Questions

What neighborhood is 256 Lake Street located in?
The 256 Lake Street is a located in the neighborhood of Bergen in Upper Saddle River, Saddle River.
What is the average sales price for listings in 256 Lake Street?
The average sales price for units in 256 Lake Street is $0 currently.

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