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41 Roosevelt Avenue

41 Roosevelt Avenue, Lake Hiawatha, NJ 07034
House in Morris
Sold Aug 30, 2021
$300,000
$225,000 by First Guaranty Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Jul 23, 1996
$160,000
$80,000 by Greenwich Home Mtg Corp
Mortgage Due Aug 01, 2026
Local assessors in Lake Hiawatha, NJ have categorized 41 Roosevelt Avenue as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 7,492 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 41 Roosevelt Avenue has a total of 1,280 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. 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 Jul 21, 2021 for $300,000. That's $234.38 per sqft. Prior to that sales transaction, the property was also sold in Jul 18, 1996 for $160,000. 41 Roosevelt Avenue was last assessed in 2023. The total value of the property was assessed at $215,000. Specifically, the land the property is located on was valued at $123,200. While improvements on the property were assessed at a total of $91,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,271. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 523 17-A

Ownership

  • Current Owner : VASQUEZ JAIME O
  • Previous Owner : ZAKA KATHERINE
  • Previous Owner 2: ESTATE OF HILLAIRE K GALLAGHER
  • Owner Before Previous Owner: SMITH ROBERT W
  • Owner Before Previous Owner 2: SMITH CHRISTINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041701

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 215
  • Account Number: 01401120
  • District: 29
  • Parcel: 29 00598-0000-00009
  • Block: 598
  • Lot: 9
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.882
  • Longitude: -74.3867

    Address

  • Full Address: 41 Roosevelt Ave
  • Address - House Number: 41
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lake Hiawatha
  • Carrier Code: C004
  • 4-Digit Zip Code: 2120
  • Zip Code: 07034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,271

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 429,647
  • High Value: 509,847
  • Low Value: 349,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $280,240
  • Market Land Value: $160,584
  • Market Improvement Value: $119,656

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,000
  • Assessed Land Value: $123,200
  • Assessed Improvements Value: $91,800

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Transaction ID: 11854638241
  • Current Sale Price: $300,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021071960
  • Previous Sale Recording Date: Jul 23, 1996
  • Previous Sale Contract Date: Jul 18, 1996
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 30, 2021
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GREENWICH HOME MTG CORP
  • Previous Mortgage Transaction Date: Jul 23, 1996
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About Morris



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2 Stiles Ln, Montville Twp., NJ, 07045 Listing by MARIA MCEWEN

Frequently Asked Questions

What neighborhood is 41 Roosevelt Avenue located in?
The 41 Roosevelt Avenue is a house located in the neighborhood of Morris in Morris, Lake Hiawatha.
What is the average sales price for listings in 41 Roosevelt Avenue?
The average sales price for units in 41 Roosevelt Avenue is $0 currently.

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