Sold Sep 11, 2023
$640,000
$601,400
by Luminate Home Loans, Inc.
Mortgage Due Oct 01, 2053
Sold Jun 06, 2017
$450,000
Seller
$300,000
by Ditech Financial Llc
Mortgage Due Jun 01, 2032
Local assessors in Lawrence Township, NJ have categorized 5 Morrell Road as a residential type of property.
The home was built in 1998 and is 26 years old.
The property's lot size has been calculated to be 9,583 square feet.
If we look only at the heated or air conditioned part of the building, then 5 Morrell Road has a total of 2,008 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. 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 Morrell Road sold most recently in Aug 28, 2023 for a total of $640,000. If you work out the math, that's approximately a cost of $318.73 per sqft. Before that, the property was also sold for $450,000 in May 23, 2017. 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 $11,012 in taxes each year. 5 Morrell Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $369,400. If we break it down further, the land itself was valued at $93,900. Improvements to the property, however, were assessed at a total of $275,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.
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. 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 Morrell Road sold most recently in Aug 28, 2023 for a total of $640,000. If you work out the math, that's approximately a cost of $318.73 per sqft. Before that, the property was also sold for $450,000 in May 23, 2017. 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 $11,012 in taxes each year. 5 Morrell Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $369,400. If we break it down further, the land itself was valued at $93,900. Improvements to the property, however, were assessed at a total of $275,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.
Building Features
Building Style
Colonial
This property description is generated based on publicly available data.
5 Morrell Road, Lawrence Township, NJ 08648
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