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42 Lake Shore Drive

42 Lake Shore Drive, Princeton Junction, NJ 08550
Property in Mercer
Sold Jul 31, 1996
$307,500
$246,000 by Mtg Access Corp
Mortgage
Sold Nov 29, 1993
$320,000
$256,000 by 1st Town Mtg
Mortgage
Local assessors in Princeton Junction, NJ have categorized 42 Lake Shore Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 30,056 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 42 Lake Shore Drive has a total of 2,562 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 2 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 Jun 15, 1996 for $307,500. That's $120.02 per sqft. Prior to that sales transaction, the property was also sold in Oct 23, 1993 for $320,000. 42 Lake Shore Drive was last assessed in 2022. The total value of the property was assessed at $490,200. Specifically, the land the property is located on was valued at $227,500. While improvements on the property were assessed at a total of $262,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $14,118. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 2,562
  • Building Area: 2,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : EPSTEIN LEE
  • Current Owner 2: EPSTEIN EMILY
  • Previous Owner : DILUCCHIO DONALD
  • Owner Before Previous Owner: HAMPTON RICKY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Windsor-Plainsboro Regional School District
  • Census Tract: 004306

Zoning

  • Zoning: R30A

Geography

  • Assessors Map Reference: TAX MAP 2502
  • District: 13
  • Parcel: 13 00015-0000-00123
  • Block: 15
  • Lot: 123
  • Municipality: WEST WINDSOR TWP
  • Latitude: 40.2867
  • Longitude: -74.6425

    Address

  • Full Address: 42 Lake Shore Dr
  • Address - House Number: 42
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Princeton Junction
  • Carrier Code: R082
  • 4-Digit Zip Code: 4913
  • Zip Code: 08550

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,118

    Appraisal Valuation

  • Standard Deviation: 0.2541
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 64
  • Final Value: 850,611
  • High Value: 1,066,758
  • Low Value: 634,463

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $394,300
  • First Open Lien Mortgage Lender: MTG ACCESS CORP
  • First Open Lien Mortgage Recording Date: Jul 31, 1996
  • First Open Lien Mortgage Loan Amount: $246,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jan 25, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $148,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 09, 2047

    Market Valuation

  • Market Total Value: $490,200
  • Market Land Value: $227,500
  • Market Improvement Value: $262,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $490,200
  • Assessed Land Value: $227,500
  • Assessed Improvements Value: $262,700

    Sales

  • Current Sale Contract Date: Jun 15, 1996
  • Current Sale Recording Date: Jul 31, 1996
  • Current Sale Transaction ID: 1061912053
  • Current Sale Price: $307,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 29, 1993
  • Previous Sale Contract Date: Oct 23, 1993
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MTG ACCESS CORP
  • First Mortgage Transaction Date: Jul 31, 1996
  • First Mortgage Loan Amount: $246,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: 1ST TOWN MTG
  • Previous Mortgage Transaction Date: Nov 29, 1993
  • Previous Mortgage Loan Amount: $256,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mercer



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Frequently Asked Questions

What neighborhood is 42 Lake Shore Drive located in?
The 42 Lake Shore Drive is a located in the neighborhood of Mercer in Mercer, Princeton Junction.
What is the average sales price for listings in 42 Lake Shore Drive?
The average sales price for units in 42 Lake Shore Drive is $0 currently.

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