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54 Lawrence Road

54 Lawrence Road, Lafayette, NJ 07848
Property in Sussex
Sold Sep 23, 2020
$342,500
$248,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2050
Sold Apr 15, 1987
$163,000
54 Lawrence Road has been categorized by the local assessors in Lafayette, NJ as a residential type of property. The building on the property was first built in 1947 and is 77 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 54 Lawrence Road has 1,436 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,950 ft and across the front of the lot is 2,240 ft. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 54 Lawrence Road was last sold in Sep 5, 2020 for $342,500. According to our calculations, that's $238.51 per sqft. Prior to that sales transaction, the property was sold for $163,000 in Apr 15, 1987. Current property owners are expected to pay $9,734 in taxes per year. The property on 54 Lawrence Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $239,700. To break that down further, the land itself was valued at $98,200. While improvements to the property were assessed at a total of $141,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 2,240
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KUTER KENNETH
  • Current Owner 2: KUTER KATHLEEN A
  • Previous Owner : MCGOVERN WILLIAM J
  • Previous Owner 2: MCGOVERN JANIS L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Andover Regional School District
  • Census Tract: 373600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 31
  • Account Number: 00015399
  • District: 02
  • Parcel: 02 00116-0000-00009
  • Block: 116
  • Lot: 9
  • Municipality: ANDOVER TWP
  • Latitude: 41.0494
  • Longitude: -74.7137

    Address

  • Full Address: 54 Lawrence Rd
  • Address - House Number: 54
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lafayette
  • Carrier Code: R003
  • 4-Digit Zip Code: 3034
  • Zip Code: 07848

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,734

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 472,667
  • High Value: 571,737
  • Low Value: 373,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 23, 2020
  • First Open Lien Mortgage Loan Amount: $248,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $239,700
  • Market Land Value: $98,200
  • Market Improvement Value: $141,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,700
  • Assessed Land Value: $98,200
  • Assessed Improvements Value: $141,500

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Transaction ID: 11793040183
  • Current Sale Price: $342,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20200923010196920
  • Previous Sale Recording Date: Apr 15, 1987
  • Previous Sale Contract Date: Apr 15, 1987
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 23, 2020
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Sussex



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Frequently Asked Questions

What neighborhood is 54 Lawrence Road located in?
The 54 Lawrence Road is a located in the neighborhood of Sussex in Sussex, Lafayette.
What is the average sales price for listings in 54 Lawrence Road?
The average sales price for units in 54 Lawrence Road is $0 currently.

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