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8 Beacon Hill Road

8 Beacon Hill Road, Florham Park, NJ 07932
Property in Morris
Sold Oct 03, 2013
$1,100,000
$550,000 by Summit Mortgage Bankers Inc
Mortgage Due Oct 01, 2043
Sold Jan 10, 2007
$1,250,000
$800,000 by Wells Fargo Bank
Mortgage
Local assessors in Florham Park, NJ have categorized 8 Beacon Hill Road as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 19,166 square feet. This is a 2 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 8 Beacon Hill Road has a total of 4,368 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 garage for those who need a place to park their vehicle. There are 3 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. 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, 8 Beacon Hill Road was last sold in Sep 17, 2013 for $1,100,000. According to our calculations, that's $251.83 per sqft. Prior to that sales transaction, the property was sold for $1,250,000 in Dec 21, 2006. Current property owners are expected to pay $19,302 in taxes per year. The property on 8 Beacon Hill Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,207,900. To break that down further, the land itself was valued at $472,000. While improvements to the property were assessed at a total of $735,900. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 4,368
  • Building Area: 4,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIU GENG
  • Current Owner 2: KANG LE
  • Previous Owner : CAO JOHN T
  • Previous Owner 2: CAO VAN T
  • Owner Before Previous Owner: JDN PROPERTIES AT FLORHAM PARK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Florham Park Borough School District
  • Census Tract: 042602

Zoning

  • Zoning: PB-1

Geography

  • District: 11
  • Parcel: 11 02101-0000-00060
  • Block: 2101
  • Lot: 60
  • Municipality: FLORHAM PARK BORO
  • Latitude: 40.7799
  • Longitude: -74.3726

    Address

  • Full Address: 8 Beacon Hill Rd
  • Address - House Number: 8
  • Address - Street Name: Beacon Hill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Florham Park
  • Carrier Code: C036
  • 4-Digit Zip Code: 2241
  • Zip Code: 07932

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,302

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 1,538,073
  • High Value: 1,798,329
  • Low Value: 1,277,817

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $820,000
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: Oct 03, 2013
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2043
  • Second Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • Second Open Lien Mortgage Recording Date: Oct 13, 2020
  • Second Open Lien Mortgage Loan Amount: $270,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $1,278,742
  • Market Land Value: $499,682
  • Market Improvement Value: $779,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,207,900
  • Assessed Land Value: $472,000
  • Assessed Improvements Value: $735,900

    Sales

  • Current Sale Contract Date: Sep 17, 2013
  • Current Sale Recording Date: Oct 03, 2013
  • Current Sale Transaction ID: 11474908880
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013080195
  • Previous Sale Recording Date: Jan 10, 2007
  • Previous Sale Contract Date: Dec 21, 2006
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: Oct 03, 2013
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Jan 10, 2007
  • Previous Mortgage Loan Amount: $800,000

About Florham Park



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Frequently Asked Questions

What neighborhood is 8 Beacon Hill Road located in?
The 8 Beacon Hill Road is a located in the neighborhood of Morris in Florham Park, Florham Park.
What is the average sales price for listings in 8 Beacon Hill Road?
The average sales price for units in 8 Beacon Hill Road is $0 currently.

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