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52 Rockaway Place

52 Rockaway Place, Parsippany, NJ 07054
Property in Morris
Sold Mar 15, 2021
$480,000
$160,000 by Greater Alliance Fcu
Mortgage Due Jan 01, 2051
Sold Sep 13, 1996
$212,000
Local assessors in Parsippany, NJ have categorized 52 Rockaway Place 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 6,011 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. 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 52 Rockaway Place has a total of 2,714 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. 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, 52 Rockaway Place sold most recently in Oct 21, 2020 for a total of $480,000. If you work out the math, that's approximately a cost of $176.86 per sqft. Before that, the property was also sold for $212,000 in Aug 26, 1996. 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 $9,727 in taxes each year. 52 Rockaway Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $287,600. If we break it down further, the land itself was valued at $121,100. Improvements to the property, however, were assessed at a total of $166,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.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: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,714
  • Building Area: 2,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 60-L 32

Ownership

  • Current Owner : CUBILLAS ROGER
  • Previous Owner : MCDONALD ALEXANDER
  • Previous Owner 2: MCDONALD JACQUELINE
  • Owner Before Previous Owner: MESITI FREDERICK F
  • Owner Before Previous Owner 2: MESITI PHILOMENA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Parsippany-Troy Hills Township School District
  • Census Tract: 041704

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 231
  • Account Number: 02600580
  • District: 29
  • Parcel: 29 00555-0000-00016
  • Block: 555
  • Lot: 16
  • Municipality: PARSIPPANY TR HLS TWP
  • Latitude: 40.8747
  • Longitude: -74.3738

    Address

  • Full Address: 52 Rockaway Pl
  • Address - House Number: 52
  • Address - Street Name: Rockaway
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Parsippany
  • Carrier Code: C022
  • 4-Digit Zip Code: 1637
  • Zip Code: 07054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,727

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 641,436
  • High Value: 751,171
  • Low Value: 531,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: GREATER ALLIANCE FCU
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $374,870
  • Market Land Value: $157,847
  • Market Improvement Value: $217,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,600
  • Assessed Land Value: $121,100
  • Assessed Improvements Value: $166,500

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Mar 15, 2021
  • Current Sale Transaction ID: 11827734518
  • Current Sale Price: $480,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021025004
  • Previous Sale Recording Date: Sep 13, 1996
  • Previous Sale Contract Date: Aug 26, 1996
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREATER ALLIANCE FCU
  • First Mortgage Transaction Date: Mar 15, 2021
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Morris



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Nearby Rentals

Unit for rent at 199 N Beverwyck Rd, Parsippany-Troy Hills Twp., NJ, 07034

$1,750 /mo

  • 1 Bed
  • 1 Bath
199 N Beverwyck Rd #C2, Parsippany-Troy Hills Twp., NJ, 07034 Listing by IRIS ORLINSKI

Frequently Asked Questions

What neighborhood is 52 Rockaway Place located in?
The 52 Rockaway Place is a located in the neighborhood of Morris in Morris, Parsippany.
What is the average sales price for listings in 52 Rockaway Place?
The average sales price for units in 52 Rockaway Place is $0 currently.

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