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68 Prospect Point Road

68 Prospect Point Road, Lake Hopatcong, NJ 07849
Property in Morris
Sold May 06, 2015
$228,500
$217,236 by Secure Lending Solutions Inc
Mortgage Due May 01, 2045
Sold Oct 16, 2009
$167,880
$164,839 by American Financial Resources I
Mortgage Due Nov 01, 2039
68 Prospect Point Road has been categorized by the local assessors in Lake Hopatcong, NJ as a residential type of property. The building on the property was first built in 1950 and is 74 years old. The building has a total of 2 stories. In addition, 68 Prospect Point Road has 1,174 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 1,000 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 8,712 square feet.

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 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. The property was last sold in Apr 27, 2015 for $228,500. That's $194.63 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2009 for $167,880. 68 Prospect Point Road was last assessed in 2023. The total value of the property was assessed at $256,500. Specifically, the land the property is located on was valued at $114,800. While improvements on the property were assessed at a total of $141,700. 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 $7,505. 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. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,174
  • Building Area: 1,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NELSON KARA A
  • Previous Owner : BURRAFATO AARON
  • Previous Owner 2: BURRAFATO LAURA
  • Owner Before Previous Owner: DAVIEAU JOHN
  • Owner Before Previous Owner 2: DAVIEAU SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044701

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 6
  • Account Number: 04300170
  • District: 14
  • Parcel: 14 00073-0000-00011
  • Block: 73
  • Lot: 11
  • Municipality: JEFFERSON TWP
  • Latitude: 40.9729
  • Longitude: -74.6288

    Address

  • Full Address: 68 Prospect Point Rd
  • Address - House Number: 68
  • Address - Street Name: Prospect Point
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lake Hopatcong
  • Carrier Code: R002
  • 4-Digit Zip Code: 1429
  • Zip Code: 07849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,505

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 419,705
  • High Value: 498,512
  • Low Value: 340,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,236
  • First Open Lien Mortgage Lender: SECURE LENDING SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: May 06, 2015
  • First Open Lien Mortgage Loan Amount: $217,236
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $278,895
  • Market Land Value: $124,823
  • Market Improvement Value: $154,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,500
  • Assessed Land Value: $114,800
  • Assessed Improvements Value: $141,700

    Sales

  • Current Sale Contract Date: Apr 27, 2015
  • Current Sale Recording Date: May 06, 2015
  • Current Sale Transaction ID: 1273585596
  • Current Sale Price: $228,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015025804
  • Previous Sale Recording Date: Oct 16, 2009
  • Previous Sale Contract Date: Aug 07, 2009
  • Previous Sale Amount: $167,880
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURE LENDING SOLUTIONS INC
  • First Mortgage Transaction Date: May 06, 2015
  • First Mortgage Loan Amount: $217,236
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • Previous Mortgage Transaction Date: Oct 16, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $164,839
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About Morris



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Nearby Rentals

Unit for rent at 90 State Route 181, Jefferson Twp., NJ, 07849

$1,600 /mo

  • 1 Bed
  • 1 Bath
90 State Route 181, Jefferson Twp., NJ, 07849 Listing by AIMEE KOLAN

Frequently Asked Questions

What neighborhood is 68 Prospect Point Road located in?
The 68 Prospect Point Road is a located in the neighborhood of Morris in Morris, Lake Hopatcong.
What is the average sales price for listings in 68 Prospect Point Road?
The average sales price for units in 68 Prospect Point Road is $0 currently.

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