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81 Cypress Point Lane

81 Cypress Point Lane, Jackson, NJ 08527
House in Ocean
Sold May 24, 2021
$480,000
$384,000 by Pennymac Loan Services Llc
Mortgage Due Jun 01, 2036
Sold Dec 14, 2016
$357,250
$210,000 by American Federal Mortgage Co
Mortgage
Local assessors in Jackson, NJ have categorized 81 Cypress Point Lane as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 6,970 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 81 Cypress Point Lane has a total of 2,307 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 building has a gable style roof that was made of asphalt. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in May 13, 2021 for $480,000. That's $208.06 per sqft. Prior to that sales transaction, the property was also sold in Dec 2, 2016 for $357,250. 81 Cypress Point Lane was last assessed in 2023. The total value of the property was assessed at $311,600. Specifically, the land the property is located on was valued at $85,000. While improvements on the property were assessed at a total of $226,600. 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 $8,049. 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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,307
  • Building Area: 2,307
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,307
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PALAZZOTO MICHAEL J
  • Current Owner 2: PALAZZOTO CYNTHIA A
  • Previous Owner : SMITH ROBERT L
  • Previous Owner 2: SMITH SUSAN
  • Owner Before Previous Owner: BENNETT RUBY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717502

Zoning

  • Zoning: PRC

Geography

  • Assessors Map Reference: TAX MAP 199
  • District: 12
  • Parcel: 12 19905-0000-00001
  • Block: 19905
  • Lot: 1
  • Municipality: JACKSON TWP
  • Latitude: 40.099
  • Longitude: -74.2912

    Address

  • Full Address: 81 Cypress Point Ln
  • Address - House Number: 81
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 4016
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,049

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 598,238
  • High Value: 723,816
  • Low Value: 472,661

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $384,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $384,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $311,600
  • Market Land Value: $85,000
  • Market Improvement Value: $226,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,600
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $226,600

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836451237
  • Current Sale Price: $480,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021078876
  • Previous Sale Recording Date: Dec 14, 2016
  • Previous Sale Contract Date: Dec 02, 2016
  • Previous Sale Amount: $357,250
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $384,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FEDERAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 14, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Ocean



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Frequently Asked Questions

What neighborhood is 81 Cypress Point Lane located in?
The 81 Cypress Point Lane is a house located in the neighborhood of Ocean in Ocean, Jackson.
What is the average sales price for listings in 81 Cypress Point Lane?
The average sales price for units in 81 Cypress Point Lane is $0 currently.

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