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7 Stanley Place

7 Stanley Place, Budd Lake, NJ 07828
Property in Morris
Sold Dec 10, 2018
$675,000
$275,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2048
Sold Dec 10, 2018
$345,000
$275,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2048
7 Stanley Place has been categorized by the local assessors in Budd Lake, NJ as a residential type of property. The building on the property was first built in 1973 and is 51 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7 Stanley Place has 2,074 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 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,002 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Stanley Place was last sold in Dec 3, 2018 for $675,000. According to our calculations, that's $325.46 per sqft. Prior to that sales transaction, the property was sold for $345,000 in Oct 16, 2018. Current property owners are expected to pay $10,311 in taxes per year. The property on 7 Stanley Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $313,700. To break that down further, the land itself was valued at $149,300. While improvements to the property were assessed at a total of $164,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,074
  • Building Area: 2,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,074
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERSHING ESTATES
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: B78-E L3

Ownership

  • Current Owner : RUI YINJIE
  • Current Owner 2: LIU YALEI
  • Previous Owner : PETERSON GEORGE W
  • Previous Owner 2: PETERSON JENNIFER L
  • Owner Before Previous Owner: THAMES KIMBERLY A
  • Owner Before Previous Owner 2: THAMES MONTEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mount Olive Township School District
  • Census Tract: 046109

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 360
  • Account Number: 06010970
  • District: 27
  • Parcel: 27 03606-0000-00026
  • Block: 3606
  • Lot: 26
  • Municipality: MOUNT OLIVE TWP
  • Latitude: 40.8638
  • Longitude: -74.7319

    Address

  • Full Address: 7 Stanley Pl
  • Address - House Number: 7
  • Address - Street Name: Stanley
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Budd Lake
  • Carrier Code: C003
  • 4-Digit Zip Code: 3509
  • Zip Code: 07828

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,311

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 524,164
  • High Value: 606,043
  • Low Value: 442,285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2018
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: Dec 01, 2048

    Market Valuation

  • Market Total Value: $380,935
  • Market Land Value: $181,299
  • Market Improvement Value: $199,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $313,700
  • Assessed Land Value: $149,300
  • Assessed Improvements Value: $164,400

    Sales

  • Current Sale Contract Date: Dec 03, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Transaction ID: 11548641181
  • Current Sale Price: $675,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018068338
  • Previous Sale Recording Date: Dec 10, 2018
  • Previous Sale Contract Date: Oct 16, 2018
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 10, 2018
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Dec 10, 2018
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About Budd Lake



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 389 Route 46, Mount Olive Twp., NJ, 07828

$3,100 /mo

  • 3 Beds
  • 1 Bath
389 Route 46 #2, Mount Olive Twp., NJ, 07828 Listing by JEFFREY DENHOLTZ

Frequently Asked Questions

What neighborhood is 7 Stanley Place located in?
The 7 Stanley Place is a located in the neighborhood of Morris in Budd Lake, Budd Lake.
What is the average sales price for listings in 7 Stanley Place?
The average sales price for units in 7 Stanley Place is $0 currently.

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