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502 Marion Lane

502 Marion Lane, Paramus, NJ 07652
Property
Sold Aug 01, 2017
$695,000
Local assessors in Paramus, NJ have categorized 502 Marion Lane as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 9,374 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 750 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 502 Marion Lane has a total of 2,734 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 Jun 23, 2017 for $695,000. That's $254.21 per sqft. 502 Marion Lane was last assessed in 2023. The total value of the property was assessed at $705,900. Specifically, the land the property is located on was valued at $373,000. While improvements on the property were assessed at a total of $332,900. 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 $10,231. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,734
  • Building Area: 2,734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,734
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BRUCE MILLER STEVEN
  • Current Owner 2: BRUCE MILLER KADEAN
  • Previous Owner : METTLER GARY C
  • Previous Owner 2: METTLER LOIS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paramus Borough School District
  • Census Tract: 042102

Zoning

  • Zoning: R75

Geography

  • Account Number: 516700
  • District: 46
  • Parcel: 46 05607-0000-00005
  • Block: 5607
  • Lot: 5
  • Municipality: PARAMUS BORO
  • Latitude: 40.9507
  • Longitude: -74.0541

    Address

  • Full Address: 502 Marion Ln
  • Address - House Number: 502
  • Address - Street Name: Marion
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Paramus
  • Carrier Code: C028
  • 4-Digit Zip Code: 4722
  • Zip Code: 07652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,231

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 938,381
  • High Value: 1,125,094
  • Low Value: 751,668

    Market Valuation

  • Market Total Value: $705,900
  • Market Land Value: $373,000
  • Market Improvement Value: $332,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $705,900
  • Assessed Land Value: $373,000
  • Assessed Improvements Value: $332,900

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Transaction ID: 1731925765
  • Current Sale Price: $695,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 17-057269.01

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 01, 2017
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

About the area



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Frequently Asked Questions

What neighborhood is 502 Marion Lane located in?
The 502 Marion Lane is a located in the neighborhood of in , Paramus.
What is the average sales price for listings in 502 Marion Lane?
The average sales price for units in 502 Marion Lane is $0 currently.

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