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5 Lenape Drive

5 Lenape Drive, Roseland, NJ 07068
Townhouse in Essex
Sold Jan 19, 2022
$535,000
Sold Oct 17, 2019
$465,000
$255,000 by Weichert Financial Services
Mortgage
5 Lenape Drive in Roseland, NJ was first built in 1979 and is 45 years old. This has been categorized as a residential property type. 5 Lenape Drive has 1,696 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 340 ft and the linear feet between the front and back of the lot is 680. In total, the area measurement of the land is 2,313 square feet.

Learn more about the property and building on this page. 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, 5 Lenape Drive sold most recently in Nov 8, 2021 for a total of $535,000. If you work out the math, that's approximately a cost of $315.45 per sqft. Before that, the property was also sold for $465,000 in Jul 12, 2019. 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 $7,558 in taxes each year. 5 Lenape Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $323,700. If we break it down further, the land itself was valued at $170,000. Improvements to the property, however, were assessed at a total of $153,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,313
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 340
  • Total Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.053
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHUNG JUNG Y
  • Previous Owner : BARONE STEPHEN R
  • Previous Owner 2: BARONE DEBRA A
  • Owner Before Previous Owner: CORNERSTONE HOMES MGMT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Widow/Widower

Neighborhood

  • School District Name: Roseland Borough School District
  • Census Tract: 020902

Geography

  • District: 18
  • Parcel: 18 00012-0000-00019- 03
  • Block: 12
  • Lot: 19.03
  • Municipality: ROSELAND BORO
  • Latitude: 40.8229
  • Longitude: -74.3173

    Address

  • Full Address: 5 Lenape Dr
  • Address - House Number: 5
  • Address - Street Name: Lenape
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Roseland
  • Carrier Code: C002
  • 4-Digit Zip Code: 1110
  • Zip Code: 07068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,558

    Appraisal Valuation

  • Standard Deviation: 0.1067
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 89
  • Final Value: 539,123
  • High Value: 596,692
  • Low Value: 481,554

    Market Valuation

  • Market Total Value: $323,700
  • Market Land Value: $170,000
  • Market Improvement Value: $153,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $323,700
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $153,700

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Transaction ID: 11879127383
  • Current Sale Price: $535,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5084
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Jul 12, 2019
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 17, 2019
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Roseland



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Frequently Asked Questions

What neighborhood is 5 Lenape Drive located in?
The 5 Lenape Drive is a townhouse located in the neighborhood of Essex in Roseland, Roseland.
What is the average sales price for listings in 5 Lenape Drive?
The average sales price for units in 5 Lenape Drive is $0 currently.

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