8 Lyon Lane

8 Lyon Lane has been categorized by the local assessors in Franklin Park, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The building has a total of 2 stories. In addition, 8 Lyon Lane has 1,760 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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, 8 Lyon Lane was last sold in Jan 1, 1970 for $119,500. According to our calculations, that's $67.90 per sqft. Current property owners are expected to pay $6,366 in taxes per year. The property on 8 Lyon Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $331,200. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $201,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.