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751 Lawrence Avenue

751 Lawrence Avenue, Westfield, NJ 07090
Property in Union
Sold Oct 29, 2018
$2,735,000
$1,904,732 by Ally Capital Corp
Mortgage Due Aug 01, 2051
Sold Sep 09, 2015
$975,000
Local assessors in Westfield, NJ have categorized 751 Lawrence Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 30,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. This is a 3 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 751 Lawrence Avenue has a total of 8,178 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 attached 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 Oct 23, 2018 for $2,735,000. That's $334.43 per sqft. Prior to that sales transaction, the property was also sold in Sep 3, 2015 for $975,000. 751 Lawrence Avenue was last assessed in 2023. The total value of the property was assessed at $2,694,400. Specifically, the land the property is located on was valued at $802,300. While improvements on the property were assessed at a total of $1,892,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $59,438. The initial tax year of delinquency was in 2017. 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: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 8,178
  • Building Area: 8,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.689
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHAPALAMADUGU PRATEEK
  • Current Owner 2: CHEN NANCY
  • Previous Owner : YORKSHIRE REALTY IV LLC
  • Owner Before Previous Owner: LINK WILLIAM
  • Owner Before Previous Owner 2: LINK MARY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westfield Town School District
  • Census Tract: 036500

Geography

  • Assessors Map Reference: TAX MAP 1952
  • District: 20
  • Parcel: 20 00603-0000-00024
  • Block: 603
  • Lot: 24
  • Municipality: WESTFIELD TOWN
  • Latitude: 40.6604
  • Longitude: -74.3581

    Address

  • Full Address: 751 Lawrence Ave
  • Address - House Number: 751
  • Address - Street Name: Lawrence
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Westfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 3801
  • Zip Code: 07090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,438
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 2,273,575
  • High Value: 2,707,850
  • Low Value: 1,839,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,904,732
  • First Open Lien Mortgage Lender: ALLY CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Loan Amount: $1,904,732
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $2,694,400
  • Market Land Value: $802,300
  • Market Improvement Value: $1,892,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,694,400
  • Assessed Land Value: $802,300
  • Assessed Improvements Value: $1,892,100

    Sales

  • Current Sale Contract Date: Oct 23, 2018
  • Current Sale Recording Date: Oct 29, 2018
  • Current Sale Transaction ID: 11527827909
  • Current Sale Price: $2,735,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 306280
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Contract Date: Sep 03, 2015
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 29, 2018
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2043

About Westfield



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Frequently Asked Questions

What neighborhood is 751 Lawrence Avenue located in?
The 751 Lawrence Avenue is a located in the neighborhood of Union in Westfield, Westfield.
What is the average sales price for listings in 751 Lawrence Avenue?
The average sales price for units in 751 Lawrence Avenue is $0 currently.

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