See Home Value
Watchung 07069
60 Spencer Ln
$906,784*
House - Off Market

60 Spencer Ln

Watchung Boro, NJ 07069
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3328 Sqft
$698,000 - $852,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model
Sold Jul 20, 2021
$770,000
$612,000 by Us Bank Na
Mortgage Due Jul 01, 2051
Sold Nov 21, 2002
$496,000
$390,000 by Chase Manhattan Mtg
Mortgage

About This Property

Perfect location near Watchung lake, this 5 Bedroom home on a lovely street is the one you have been waiting for. Beautiful landscaping, private yard, updated kitchen & baths and open floor plan is an entertaining delight. Sprawling kitchen w/granite counters, SS appl, butler station w/wine rack & sun-filled breakfast area with views of yard. Gleaming hardwood floors throughout. Spacious & inviting LR, DR and FR w/built-in workstation. Master suite w/dressing area, 2 WIC & beautifully updated bath. Huge bedrooms, plenty of closets, convenient 2nd fl laundry room & Bed 5 used as office. Outdoor oasis features Trex deck w/yard access on both sides & lush lawn. Walk-out basement awaits your vision. Stellar school district, minutes to lake, park, tennis courts, retail/grocery shopping & NJ Transit.

The manager has listed the unit size as 3328 square feet.
Unit Size
3,328Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold to Drew Anne Salvatore, Michae... $770,000
Sold to Drew Anne Salvatore, Michae...
Jun 25, 2021 No longer available -
No longer available
May 16, 2021 No longer available -
No longer available
May 15, 2021 Listed $775,000
Listed
Apr 28, 2021 Listed $850,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 3,328
  • Building Area: 3,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SALVATORE MICHAEL
  • Current Owner 2: SALVATORE DREW ANNE
  • Previous Owner : LEE HOWARD
  • Previous Owner 2: LEE SOPHIA
  • Owner Before Previous Owner: PORTER THOMAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: R-A

Geography

  • Assessors Map Reference: TAX MAP 11
  • Account Number: S001
  • District: 21
  • Parcel: 21 04006-0000-00019
  • Block: 4006
  • Lot: 19
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6416
  • Longitude: -74.4537

    Address

  • Full Address: 60 Spencer Ln
  • Address - House Number: 60
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C071
  • 4-Digit Zip Code: 6047
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,330

    Appraisal Valuation

  • Standard Deviation: 0.1523
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 979,849
  • High Value: 1,129,140
  • Low Value: 830,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $612,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $750,275
  • Market Land Value: $332,934
  • Market Improvement Value: $417,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $751,100
  • Assessed Land Value: $333,300
  • Assessed Improvements Value: $417,800

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11843595884
  • Current Sale Price: $770,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021044071
  • Previous Sale Recording Date: Nov 21, 2002
  • Previous Sale Contract Date: Oct 31, 2002
  • Previous Sale Amount: $496,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $612,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG
  • Previous Mortgage Transaction Date: Nov 21, 2002
  • Previous Mortgage Loan Amount: $390,000
  • Previous Mortgage Term: 360



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$799,000 Nov 30, -0001
$799,000 Jan 12, 2023
-
House
4 Beds
3 Baths
-
$875,000 Aug 5, 2022
-
-

About Watchung


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Frequently Asked Questions

When was property at 60 Spencer Lane built and last sold?
The property at 60 Spencer Lane was built in 1975 and last sold on Jun 30, 2021 for $770,000.
How much is this home worth?
The estimated value of the home located at 60 Spencer Lane is $783,760.
What are some comparable homes to 60 Spencer Lane?
There are currently no comparable homes to 60 Spencer Lane.

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