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5601 Essex Lane

5601 Essex Lane, Mount Laurel, NJ 08054
Townhouse in Burlington
5601 Essex Lane in Mount Laurel, NJ was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 5601 Essex Lane has 1,678 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. In total, the area measurement of the land is 793 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, 5601 Essex Lane sold most recently in Jan 25, 2019 for a total of $205,000. If you work out the math, that's approximately a cost of $122.17 per sqft. Before that, the property was also sold for $225,100 in Nov 23, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,459 in taxes each year. 5601 Essex Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $180,300. If we break it down further, the land itself was valued at $42,800. Improvements to the property, however, were assessed at a total of $137,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181004
10/04/2018
3 Bed
3 Bath
1678 ft²
$215,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
1678 ft²
$205,000 -4.65%
03/04/2019
Mary Murphy
Keller Williams - Cherry Hill

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 793
  • Total Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,678
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ESSEX PLACE
  • Land Acres: 0.018
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : ROSSI DIANA
  • Current Owner 2: WALSH ROBERT M
  • Previous Owner : BALLESTER CARRIE
  • Owner Before Previous Owner: BUSCH GREGORY D
  • Owner Before Previous Owner 2: BUSCH THOMASINA A

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702913

Geography

  • District: 24
  • Parcel: 24 00301- 21-00034- 02-C5601
  • Block: 301.21
  • Lot: 34.02
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9776
  • Longitude: -74.8743

    Address

  • Full Address: 5601 Essex Ln
  • Address - House Number: 5601
  • Address - Street Name: Essex
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: C028
  • 4-Digit Zip Code: 6719
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,459

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 291,880
  • High Value: 341,198
  • Low Value: 242,562

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $198,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 04, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $98,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2049
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 22, 2021
  • Second Open Lien Mortgage Loan Amount: $100,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $180,300
  • Market Land Value: $42,800
  • Market Improvement Value: $137,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $180,300
  • Assessed Land Value: $42,800
  • Assessed Improvements Value: $137,500

    Sales

  • Current Sale Contract Date: Jan 25, 2019
  • Current Sale Recording Date: Mar 04, 2019
  • Current Sale Transaction ID: 11584503180
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5443087
  • Previous Sale Recording Date: Dec 09, 2009
  • Previous Sale Contract Date: Nov 23, 2009
  • Previous Sale Amount: $225,100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 04, 2019
  • First Mortgage Loan Amount: $98,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 09, 2009
  • Previous Mortgage Loan Amount: $179,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About Burlington



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Nearby Rentals

Unit for rent at

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,136 ft²
Listing by Diane Gervasi

Frequently Asked Questions

What neighborhood is 5601 Essex Lane located in?
The 5601 Essex Lane is a townhouse located in the neighborhood of Burlington in Burlington, Mount Laurel.
What is the average sales price for listings in 5601 Essex Lane?
The average sales price for units in 5601 Essex Lane is $209,900 , or $125/sqft. currently.

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