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71 Lafayette Avenue

71 Lafayette Avenue, Suffern, NY 10901
Commercial in Ramapo
Local assessors in Suffern, NY have categorized 71 Lafayette Avenue as a office type of property. The home was built in 1980 and is 44 years old. It was most recently renovated and altered in 2017. The property's lot size has been calculated to be 4,792 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home has been utilizing oil for fuel. 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, 71 Lafayette Avenue sold most recently in Mar 10, 2015 for a total of $525,000. If you work out the math, that's approximately a cost of $99.58 per sqft. 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 $30,697 in taxes each year. 71 Lafayette Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,000. If we break it down further, the land itself was valued at $25,100. Improvements to the property, however, were assessed at a total of $64,900. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190908
09/08/2019
Studio
-
8194 ft²
$1,650,000
bedrooms
Studio
bathrooms
-
square feet
8194 ft²
-
-
-
Vesna Kanacki
Century 21 Elite Realty

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Business/Commerical Units Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 3,918
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,272
  • Gross Building Area: 5,272
  • Building Area: 5,272
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Land Acres: 0.11
  • Standard Land Use Code: Office bldg (general)

Ownership

  • Current Owner : MEIRON HOMES LLC
  • Previous Owner : STERLING NATIONAL BANK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ramapo Central School District (Suffern)
  • School Tax School District: SUFFERN
  • Census Tract: 011901

Zoning

  • Zoning: 05 - COMME

Geography

  • Account Number: 00332020000
  • District: 392607
  • Section: 54.35
  • Parcel: 392607 54.35-2-49
  • Block: 2
  • Lot: 49.000
  • Municipality: SUFFERN
  • Latitude: 41.1151
  • Longitude: -74.1512

    Address

  • Full Address: 71 Lafayette Ave
  • Address - House Number: 71
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Suffern
  • Carrier Code: C002
  • 4-Digit Zip Code: 5518
  • Zip Code: 10901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,697
  • Tax Rate Code Area: 392601

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $58,567
  • Market Improvement Value: $151,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $25,100
  • Assessed Improvements Value: $64,900

    Sales

  • Current Sale Contract Date: Mar 10, 2015
  • Current Sale Recording Date: Mar 20, 2015
  • Current Sale Transaction ID: 1273397762
  • Current Sale Price: $525,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015-00007622

    Last Sale Mortgage

  • First Mortgage Lender: TBG FUNDING LLC
  • First Mortgage Transaction Date: Mar 20, 2015
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Suffern



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Frequently Asked Questions

What neighborhood is 71 Lafayette Avenue located in?
The 71 Lafayette Avenue is a commercial located in the neighborhood of Ramapo in Suffern, Suffern.
What is the average sales price for listings in 71 Lafayette Avenue?
The average sales price for units in 71 Lafayette Avenue is $0 currently.

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