Check Availability

67 Lathrop Avenue

67 Lathrop Avenue, Madison, NJ 07940
Property in Morris
Sold Oct 05, 2021
$950,000
$760,000 by Stifel Bank & Trust
Mortgage Due Sep 01, 2051
Sold Oct 02, 2012
$355,000
Local assessors in Madison, NJ have categorized 67 Lathrop Avenue as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 15,002 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 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 67 Lathrop Avenue has a total of 3,328 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. The property was last sold in Aug 6, 2021 for $950,000. That's $285.46 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 2012 for $355,000. 67 Lathrop Avenue was last assessed in 2023. The total value of the property was assessed at $650,100. Specifically, the land the property is located on was valued at $318,200. While improvements on the property were assessed at a total of $331,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,386. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15,002
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • 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: 0.344
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GILFILLAN CURTIS B
  • Current Owner 2: GILFILLAN KATHERINE A
  • Previous Owner : TRIMBLE THOMAS
  • Previous Owner 2: TRIMBLE JOANNE
  • Owner Before Previous Owner: BRADSHAW CAROL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Madison Borough School District
  • Census Tract: 043200

Zoning

  • Zoning: R-3

Geography

  • District: 17
  • Parcel: 17 04301-0000-00033
  • Block: 4301
  • Lot: 33
  • Municipality: MADISON BORO
  • Latitude: 40.7546
  • Longitude: -74.4342

    Address

  • Full Address: 67 Lathrop Ave
  • Address - House Number: 67
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Madison
  • Carrier Code: C009
  • 4-Digit Zip Code: 2431
  • Zip Code: 07940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,386

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,154,462
  • High Value: 1,348,686
  • Low Value: 960,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $760,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $797,375
  • Market Land Value: $390,286
  • Market Improvement Value: $407,089

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $650,100
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $331,900

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11860064309
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021081825
  • Previous Sale Recording Date: Oct 02, 2012
  • Previous Sale Contract Date: Sep 25, 2012
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STIFEL BANK & TRUST
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Madison



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 25 Wilmer St, Madison Boro, NJ, 07940

$4,875 /mo

  • 2 Beds
  • 2 Baths
25 Wilmer St #E22, Madison Boro, NJ, 07940 Listing by MICHELLE SCALERA
Unit for rent at 4 Community Pl, Madison Boro, NJ, 07940

$4,975 /mo

  • 2 Beds
  • 2 Baths
4 Community Pl #101, Madison Boro, NJ, 07940 Listing by ERIN MYERS
Unit for rent at 297 Main St, Madison Boro, NJ, 07940

$5,000 /mo

  • 3 Beds
  • 3 Baths
297 Main St, Madison Boro, NJ, 07940 Listing by MARYANN CORE
Unit for rent at 8 Ashland Rd, Madison Boro, NJ, 07940-2213

$5,000 /mo

  • 4 Beds
  • 2.5 Baths
8 Ashland Rd, Madison Boro, NJ, 07940-2213 Listing by KATHLEEN FRIDAY

Frequently Asked Questions

What neighborhood is 67 Lathrop Avenue located in?
The 67 Lathrop Avenue is a located in the neighborhood of Morris in Madison, Madison.
What is the average sales price for listings in 67 Lathrop Avenue?
The average sales price for units in 67 Lathrop Avenue is $0 currently.

Quantcast