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8 Marine Terrace

8 Marine Terrace, Lake Hopatcong, NJ 07849
Property in Morris
Sold Aug 24, 2016
$330,000
$264,000 by American Federal Mortgage Corp
Mortgage Due Sep 01, 2046
Sold Apr 29, 2015
$286,000
$214,500 by Princeton Mortgage Corp
Mortgage Due May 01, 2045
8 Marine Terrace in Lake Hopatcong, NJ was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. 8 Marine Terrace has 1,646 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,710. In total, the area measurement of the land is 17,119 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Aug 11, 2016 for $330,000. That's $200.49 per sqft. Prior to that sales transaction, the property was also sold in Apr 13, 2015 for $286,000. 8 Marine Terrace was last assessed in 2023. The total value of the property was assessed at $323,600. Specifically, the land the property is located on was valued at $121,400. While improvements on the property were assessed at a total of $202,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,469. 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! 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: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,119
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,646
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.393
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SLIKER SCOTT
  • Current Owner 2: SLIKER KIMBERLY
  • Previous Owner : SCHECHTER MICHAEL
  • Owner Before Previous Owner: POSTOL JOHN F
  • Owner Before Previous Owner 2: POSTOL CAROL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044702

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 12
  • Account Number: 02200940
  • District: 14
  • Parcel: 14 00124-0000-00006
  • Block: 124
  • Lot: 6
  • Municipality: JEFFERSON TWP
  • Latitude: 40.9751
  • Longitude: -74.608

    Address

  • Full Address: 8 Marine Ter
  • Address - House Number: 8
  • Address - Street Name: Marine
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Lake Hopatcong
  • Carrier Code: R001
  • 4-Digit Zip Code: 1335
  • Zip Code: 07849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,469

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 501,642
  • High Value: 580,003
  • Low Value: 423,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 24, 2016
  • First Open Lien Mortgage Loan Amount: $264,000
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $351,854
  • Market Land Value: $132,000
  • Market Improvement Value: $219,854

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,600
  • Assessed Land Value: $121,400
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Aug 11, 2016
  • Current Sale Recording Date: Aug 24, 2016
  • Current Sale Transaction ID: 1731575675
  • Current Sale Price: $330,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016052263
  • Previous Sale Recording Date: Apr 29, 2015
  • Previous Sale Contract Date: Apr 13, 2015
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 24, 2016
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: PRINCETON MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 29, 2015
  • Previous Mortgage Loan Amount: $214,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8 Marine Terrace located in?
The 8 Marine Terrace is a located in the neighborhood of Morris in Morris, Lake Hopatcong.
What is the average sales price for listings in 8 Marine Terrace?
The average sales price for units in 8 Marine Terrace is $0 currently.

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