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260 Mohegan Way

260 Mohegan Way, Fort Lee, NJ 07024
Property in Bergen
Sold Oct 26, 2021
$1,165,000
$932,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2051
Sold Apr 11, 1997
$595,000
260 Mohegan 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 1997 and is 27 years old. The building has a total of 2 stories. In addition, 260 Mohegan Way has 3,050 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 630 ft. The area measurement of the land has been determined as 6,299 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, 260 Mohegan Way sold most recently in Sep 27, 2021 for a total of $1,165,000. If you work out the math, that's approximately a cost of $381.97 per sqft. Before that, the property was also sold for $595,000 in Apr 4, 1997. 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 $22,871 in taxes each year. 260 Mohegan Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $921,100. If we break it down further, the land itself was valued at $411,000. Improvements to the property, however, were assessed at a total of $510,100. 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: 1997
  • Effective Year Built: 1997
  • 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: 6,299
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 3,050
  • Building Area: 3,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WANG KENNETH
  • Current Owner 2: LEE SANDY
  • Previous Owner : WANG CLEMENT L
  • Previous Owner 2: WANG JENNIFER F
  • Owner Before Previous Owner: V&R DEVELOPERS INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Account Number: 039760
  • District: 19
  • Parcel: 19 02355-0000-00005
  • Block: 2355
  • Lot: 5
  • Municipality: FORT LEE BORO
  • Latitude: 40.8435
  • Longitude: -73.9762

    Address

  • Full Address: 260 Mohegan Way
  • Address - House Number: 260
  • Address - Street Name: Mohegan
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Fort Lee
  • Carrier Code: C022
  • 4-Digit Zip Code: 5260
  • Zip Code: 07024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,871

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,371,353
  • High Value: 1,642,118
  • Low Value: 1,100,588

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $932,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $932,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $921,100
  • Market Land Value: $411,000
  • Market Improvement Value: $510,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $921,100
  • Assessed Land Value: $411,000
  • Assessed Improvements Value: $510,100

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11865735167
  • Current Sale Price: $1,165,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021161084
  • Previous Sale Recording Date: Apr 11, 1997
  • Previous Sale Contract Date: Apr 04, 1997
  • Previous Sale Amount: $595,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $932,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Fort Lee



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Frequently Asked Questions

What neighborhood is 260 Mohegan Way located in?
The 260 Mohegan Way is a located in the neighborhood of Bergen in Fort Lee, Fort Lee.
What is the average sales price for listings in 260 Mohegan Way?
The average sales price for units in 260 Mohegan Way is $0 currently.

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