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4 Westley Lane

4 Westley Lane, New Milford, NJ 07646
Property in Bergen
Sold Sep 07, 2021
$465,000
$356,800 by The Federal Savings Bank
Mortgage Due Sep 01, 2051
4 Westley Lane has been categorized by the local assessors in New Milford, NJ as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The building has a total of 2 stories. In addition, 4 Westley Lane has 1,810 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 174,240 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

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 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 frame control joints. The exterior walls of the building are made of alum/vinyl siding. 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, 4 Westley Lane sold most recently in Aug 12, 2021 for a total of $465,000. If you work out the math, that's approximately a cost of $256.91 per sqft. 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 $13,079 in taxes each year. 4 Westley Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $351,300. If we break it down further, the land itself was valued at $150,000. Improvements to the property, however, were assessed at a total of $201,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERLY ESTATES CONDOMINIUM
  • Land Acres: 4
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : KATZ ANDREW
  • Current Owner 2: KATZ NOMI
  • Previous Owner : BAQUERO GEORGE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Milford Borough School District
  • Census Tract: 037203

Zoning

  • Zoning: TH

Geography

  • District: 38
  • Parcel: 38 00104-0000-00001- 02-C0004
  • Block: 104
  • Lot: 1.02
  • Municipality: NEW MILFORD BORO
  • Latitude: 40.9194
  • Longitude: -74.0279

    Address

  • Full Address: 4 Westley Ln
  • Address - House Number: 4
  • Address - Street Name: Westley
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: New Milford
  • Carrier Code: C005
  • 4-Digit Zip Code: 3200
  • Zip Code: 07646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,079

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 526,074
  • High Value: 644,910
  • Low Value: 407,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,800
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $356,800
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $351,300
  • Market Land Value: $150,000
  • Market Improvement Value: $201,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,300
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11859246686
  • Current Sale Price: $465,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021140596

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $356,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About New Milford



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Frequently Asked Questions

What neighborhood is 4 Westley Lane located in?
The 4 Westley Lane is a located in the neighborhood of Bergen in New Milford, New Milford.
What is the average sales price for listings in 4 Westley Lane?
The average sales price for units in 4 Westley Lane is $0 currently.

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