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65 Merrywood Lane

65 Merrywood Lane, Short Hills, NJ 07078
Property in Essex
Sold Oct 12, 1999
$1,225,000
$250,000 by Bny Mortgage Co Inc
Mortgage
Sold Jun 24, 1993
$100
65 Merrywood Lane in Short Hills, NJ was first built in 1967 and is 57 years old. This has been categorized as a residential property type. It is a single story home. 65 Merrywood Lane has 4,060 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 20,099 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the 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, 65 Merrywood Lane sold most recently in Sep 20, 1999 for a total of $1,225,000. If you work out the math, that's approximately a cost of $301.72 per sqft. Before that, the property was also sold for $100 in May 26, 1993. 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 $33,031 in taxes each year. 65 Merrywood Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,700,000. If we break it down further, the land itself was valued at $1,040,300. Improvements to the property, however, were assessed at a total of $659,700. 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.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,099
  • Total Building Area: 4,060
  • Building Area: 4,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NEAR ROBERT
  • Current Owner 2: NEAR DARA
  • Previous Owner : KEPLER GARY
  • Owner Before Previous Owner: KEPLER GARY A
  • Owner Before Previous Owner 2: KEPLER SUSAN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020000

Geography

  • Assessors Map Reference: TAX MAP 33
  • District: 12
  • Parcel: 12 03301-0000-00030
  • Block: 3301
  • Lot: 30
  • Municipality: MILLBURN TWP
  • Latitude: 40.7307
  • Longitude: -74.3399

    Address

  • Full Address: 65 Merrywood Ln
  • Address - House Number: 65
  • Address - Street Name: Merrywood
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C008
  • 4-Digit Zip Code: 2262
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,031

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 67
  • Final Value: 2,077,695
  • High Value: 2,563,650
  • Low Value: 1,591,740

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: BNY MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Oct 12, 1999
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $1,700,000
  • Market Land Value: $1,040,300
  • Market Improvement Value: $659,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,700,000
  • Assessed Land Value: $1,040,300
  • Assessed Improvements Value: $659,700

    Sales

  • Current Sale Contract Date: Sep 20, 1999
  • Current Sale Recording Date: Oct 12, 1999
  • Current Sale Transaction ID: 1191867154
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 24, 1993
  • Previous Sale Contract Date: May 26, 1993
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: BNY MORTGAGE CO INC
  • First Mortgage Transaction Date: Oct 12, 1999
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360

About Short Hills



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Frequently Asked Questions

What neighborhood is 65 Merrywood Lane located in?
The 65 Merrywood Lane is a located in the neighborhood of Essex in Short Hills, Short Hills.
What is the average sales price for listings in 65 Merrywood Lane?
The average sales price for units in 65 Merrywood Lane is $0 currently.

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