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3 Monroe Lane

3 Monroe Lane, Flanders, NJ 07836
Property in Morris
Sold Jan 13, 2020
$623,409
$593,395 by Paramount Residential Mortgage
Mortgage Due Feb 01, 2050
Local assessors in Flanders, NJ have categorized 3 Monroe Lane as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 10,240 square feet. If we look only at the heated or air conditioned part of the building, then 3 Monroe Lane has a total of 3,253 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3 Monroe Lane was last sold in Jan 6, 2020 for $623,409. According to our calculations, that's $191.64 per sqft. Current property owners are expected to pay $16,754 in taxes per year. The property on 3 Monroe Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $509,700. To break that down further, the land itself was valued at $210,000. While improvements to the property were assessed at a total of $299,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,240
  • Total Building Area: 3,253
  • Building Area: 3,253
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,253
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PAREDES LUIS R
  • Current Owner 2: PINARGOTTE CYNTHIA G
  • Previous Owner : TOLL NJ XII LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046103

Geography

  • District: 27
  • Parcel: 27 06000-0000-00005- 157
  • Block: 6000
  • Lot: 5.157
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8295
  • Longitude: -74.6976

    Address

  • Full Address: 3 Monroe Ln
  • Address - House Number: 3
  • Address - Street Name: Monroe
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Flanders
  • Carrier Code: R010
  • 4-Digit Zip Code: 4428
  • Zip Code: 07836

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,754

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 831,441
  • High Value: 997,920
  • Low Value: 664,963

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $617,410
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 13, 2020
  • First Open Lien Mortgage Loan Amount: $593,395
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Dec 17, 2021
  • Second Open Lien Mortgage Loan Amount: $24,015
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $618,943
  • Market Land Value: $255,009
  • Market Improvement Value: $363,934

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,700
  • Assessed Land Value: $210,000
  • Assessed Improvements Value: $299,700

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Transaction ID: 11721203485
  • Current Sale Price: $623,409
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020002508

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 13, 2020
  • First Mortgage Loan Amount: $593,395
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

About Morris



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Frequently Asked Questions

What neighborhood is 3 Monroe Lane located in?
The 3 Monroe Lane is a located in the neighborhood of Morris in Morris, Flanders.
What is the average sales price for listings in 3 Monroe Lane?
The average sales price for units in 3 Monroe Lane is $0 currently.

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