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48 Canterbury Road

48 Canterbury Road, Chatham, NJ 07928
Property in Morris
Sold Jan 16, 2014
$450,000
$175,000 by Atlantic Home Loans Inc
Mortgage Due Jan 01, 2044
Sold Jul 12, 2001
$360,000
48 Canterbury Road has been categorized by the local assessors in Chatham, NJ as a residential type of property. The building on the property was first built in 1985 and is 39 years old. In addition, 48 Canterbury Road has 1,304 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 31,537 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Nov 29, 2013 for $450,000. That's $345.09 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2001 for $360,000. 48 Canterbury Road was last assessed in 2023. The total value of the property was assessed at $392,900. Specifically, the land the property is located on was valued at $150,000. While improvements on the property were assessed at a total of $242,900. 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 $7,685. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,537
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.724
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATELLO PATRICIA A
  • Previous Owner : SOFMAN MARJORIE W
  • Previous Owner 2: SOFMAN ROBERT JOHN
  • Owner Before Previous Owner: FLYNN JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: The Chathams School District
  • Census Tract: 043900

Zoning

  • Zoning: R-2A

Geography

  • Assessors Map Reference: TAX MAP 51
  • District: 05
  • Parcel: 05 00065- 03-00005- 05
  • Block: 65.03
  • Lot: 5.05
  • Municipality: CHATHAM TWP
  • Latitude: 40.7228
  • Longitude: -74.392

    Address

  • Full Address: 48 Canterbury Rd
  • Address - House Number: 48
  • Address - Street Name: Canterbury
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Chatham
  • Carrier Code: C017
  • 4-Digit Zip Code: 1796
  • Zip Code: 07928

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,685

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 597,820
  • High Value: 700,418
  • Low Value: 495,223

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 16, 2014
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Jan 01, 2044
  • Second Open Lien Mortgage Lender: CAPITAL ONE BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 22, 2017
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jan 28, 2037

    Market Valuation

  • Market Total Value: $482,796
  • Market Land Value: $184,320
  • Market Improvement Value: $298,476

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,900
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $242,900

    Sales

  • Current Sale Contract Date: Nov 29, 2013
  • Current Sale Recording Date: Jan 16, 2014
  • Current Sale Transaction ID: 1101178057
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2014002665
  • Previous Sale Recording Date: Jul 12, 2001
  • Previous Sale Contract Date: Jun 28, 2001
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Mortgage Transaction Date: Jan 16, 2014
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2044

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Frequently Asked Questions

What neighborhood is 48 Canterbury Road located in?
The 48 Canterbury Road is a located in the neighborhood of Morris in Morris, Chatham.
What is the average sales price for listings in 48 Canterbury Road?
The average sales price for units in 48 Canterbury Road is $0 currently.

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