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30 Kristy Lane

30 Kristy Lane, Watchung, NJ 07069
Property in Somerset
Sold Sep 25, 2020
$1,550,000
$700,000 by Vast Bank Na
Mortgage Due Oct 01, 2050
Sold Jul 07, 1988
$475,000
Local assessors in Watchung, NJ have categorized 30 Kristy Lane as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 65,340 square feet. 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 30 Kristy Lane has a total of 12,118 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Sep 3, 2020 for $1,550,000. That's $127.91 per sqft. Prior to that sales transaction, the property was also sold in Jun 30, 1988 for $475,000. 30 Kristy Lane was last assessed in 2023. The total value of the property was assessed at $1,604,900. Specifically, the land the property is located on was valued at $541,600. While improvements on the property were assessed at a total of $1,063,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $32,756. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 12,118
  • Building Area: 12,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 12,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : IYER SHANKAR
  • Current Owner 2: IYER PREETI
  • Previous Owner : MODY SONALI
  • Previous Owner 2: MODY SANJAY
  • Owner Before Previous Owner: FERRUGGI ASSOCIATES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: R-R

Geography

  • Assessors Map Reference: TAX MAP 19
  • Account Number: S001
  • District: 21
  • Parcel: 21 06802-0000-00010
  • Block: 6802
  • Lot: 10
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6427
  • Longitude: -74.4369

    Address

  • Full Address: 30 Kristy Ln
  • Address - House Number: 30
  • Address - Street Name: Kristy
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C091
  • 4-Digit Zip Code: 6457
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,756

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 2,046,399
  • High Value: 2,427,945
  • Low Value: 1,664,853

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: VAST BANK NA
  • First Open Lien Mortgage Recording Date: Sep 25, 2020
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $1,603,137
  • Market Land Value: $541,005
  • Market Improvement Value: $1,062,132

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,604,900
  • Assessed Land Value: $541,600
  • Assessed Improvements Value: $1,063,300

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11790694217
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020045256
  • Previous Sale Recording Date: Jul 07, 1988
  • Previous Sale Contract Date: Jun 30, 1988
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAST BANK NA
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Watchung



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Frequently Asked Questions

What neighborhood is 30 Kristy Lane located in?
The 30 Kristy Lane is a located in the neighborhood of Somerset in Watchung, Watchung.
What is the average sales price for listings in 30 Kristy Lane?
The average sales price for units in 30 Kristy Lane is $0 currently.

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