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7 Dix Lane

7 Dix Lane, Lawrence Township, NJ 08648
Property in Mercer
Sold Oct 16, 2020
$540,000
$432,000 by Quicken Loans Llc
Mortgage Due Sep 01, 2049
Sold Mar 20, 1995
$261,590
$115,000 by Hudson City Savings Bank
Mortgage
7 Dix Lane in Lawrence Township, NJ was first built in 1995 and is 29 years old. This has been categorized as a residential property type. 7 Dix Lane has 3,194 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. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 14,985 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, 7 Dix Lane sold most recently in Aug 25, 2020 for a total of $540,000. If you work out the math, that's approximately a cost of $169.07 per sqft. Before that, the property was also sold for $261,590 in Mar 16, 1995. 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 $14,398 in taxes each year. 7 Dix Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $483,000. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $348,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Condition

Level Lot

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,194
  • Building Area: 3,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,194
  • 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 : PATEL NIKHIL KUMAR
  • Current Owner 2: PATEL PINALBEN
  • Previous Owner : DALAL JAYANT C
  • Previous Owner 2: DALAL ASHA
  • Owner Before Previous Owner: BUTTONWOOD ACRES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township School District
  • Census Tract: 003301

Zoning

  • Zoning: R-2B

Geography

  • Assessors Map Reference: TAX MAP 6201
  • District: 07
  • Parcel: 07 06201- 04-00007- 04
  • Block: 6201.04
  • Lot: 7.04
  • Municipality: LAWRENCE TWP
  • Latitude: 40.3039
  • Longitude: -74.7349

    Address

  • Full Address: 7 Dix Ln
  • Address - House Number: 7
  • Address - Street Name: Dix
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Lawrence Township
  • Carrier Code: R011
  • 4-Digit Zip Code: 4844
  • Zip Code: 08648

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,398

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 741,636
  • High Value: 889,627
  • Low Value: 593,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $432,000
  • First Open Lien Mortgage Term: 346
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $483,000
  • Market Land Value: $135,000
  • Market Improvement Value: $348,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $483,000
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $348,000

    Sales

  • Current Sale Contract Date: Aug 25, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11793265933
  • Current Sale Price: $540,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020046453
  • Previous Sale Recording Date: Mar 20, 1995
  • Previous Sale Contract Date: Mar 16, 1995
  • Previous Sale Amount: $261,590
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Oct 16, 2020
  • First Mortgage Loan Amount: $432,000
  • First Mortgage Terms: 346
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAVINGS BANK
  • Previous Mortgage Transaction Date: Mar 20, 1995
  • Previous Mortgage Loan Amount: $115,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lawrenceville



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Frequently Asked Questions

What neighborhood is 7 Dix Lane located in?
The 7 Dix Lane is a located in the neighborhood of Mercer in Lawrenceville, Lawrence Township.
What is the average sales price for listings in 7 Dix Lane?
The average sales price for units in 7 Dix Lane is $0 currently.

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