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32 Ferris Lane

32 Ferris Lane, Oak Ridge, NJ 07438
House in Morris
Sold Dec 14, 2009
$185,000
$185,550 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2043
Sold Dec 10, 2004
$209,000
32 Ferris Lane in Oak Ridge, NJ was first built in 1940 and is 84 years old. This has been categorized as a residential property type. It is a single story home. 32 Ferris Lane has 1,072 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,011 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 32 Ferris Lane sold most recently in Dec 8, 2009 for a total of $185,000. If you work out the math, that's approximately a cost of $172.57 per sqft. Before that, the property was also sold for $209,000 in Nov 12, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,161 in taxes each year. 32 Ferris Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $176,400. If we break it down further, the land itself was valued at $82,200. Improvements to the property, however, were assessed at a total of $94,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FALCONE JOSEPH A
  • Previous Owner : DUGGAN MARK
  • Previous Owner 2: DUGGAN JENNIFER J
  • Owner Before Previous Owner: FEDE JILL ANEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044601

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 83
  • District: 14
  • Parcel: 14 00499-0000-00006
  • Block: 499
  • Lot: 6
  • Municipality: JEFFERSON TWP
  • Latitude: 41.0135
  • Longitude: -74.4983

    Address

  • Full Address: 32 Ferris Ln
  • Address - House Number: 32
  • Address - Street Name: Ferris
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Oak Ridge
  • Carrier Code: R004
  • 4-Digit Zip Code: 9157
  • Zip Code: 07438

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,161

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 304,964
  • High Value: 362,337
  • Low Value: 247,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,550
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 21, 2013
  • First Open Lien Mortgage Loan Amount: $185,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2043

    Market Valuation

  • Market Total Value: $191,802
  • Market Land Value: $89,377
  • Market Improvement Value: $102,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,400
  • Assessed Land Value: $82,200
  • Assessed Improvements Value: $94,200

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2009
  • Current Sale Recording Date: Dec 14, 2009
  • Current Sale Transaction ID: 1101089026
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009099164
  • Previous Sale Recording Date: Dec 10, 2004
  • Previous Sale Contract Date: Nov 12, 2004
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 14, 2009
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2040

About Morris



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Frequently Asked Questions

What neighborhood is 32 Ferris Lane located in?
The 32 Ferris Lane is a house located in the neighborhood of Morris in Morris, Oak Ridge.
What is the average sales price for listings in 32 Ferris Lane?
The average sales price for units in 32 Ferris Lane is $0 currently.

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