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85 Coles Way

85 Coles Way, Lakewood, NJ 08701
Property in Ocean
Sold Feb 18, 2009
$172,000
$146,200 by Amtrust Bank
Mortgage Due Mar 01, 2039
Local assessors in Lakewood, NJ have categorized 85 Coles Way as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 577 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 4 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 85 Coles Way has a total of 2,300 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. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 85 Coles Way sold most recently in Feb 12, 2009 for a total of $172,000. If you work out the math, that's approximately a cost of $74.78 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,119 in taxes each year. 85 Coles Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,500. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $120,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 577
  • Total Building Area: 2,300
  • Building Area: 2,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,300
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD COMMONS CONDOMINIUM
  • Land Acres: 0.013
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: JOHN MOD INCOME

Ownership

  • Current Owner : HOROWITZ MATISYAHU I
  • Current Owner 2: HOROWITZ RUTH
  • Previous Owner : NJ HAND INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lakewood Township School District
  • Census Tract: 715800

Zoning

  • Zoning: R40C

Geography

  • Assessors Map Reference: TAX MAP 110
  • District: 15
  • Parcel: 15 00815-0000-00001- 44
  • Block: 815
  • Lot: 1.44
  • Municipality: LAKEWOOD TWP
  • Latitude: 40.0688
  • Longitude: -74.2067

    Address

  • Full Address: 85 Coles Way
  • Address - House Number: 85
  • Address - Street Name: Coles
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Lakewood
  • Carrier Code: C089
  • 4-Digit Zip Code: 4877
  • Zip Code: 08701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,119

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 530,003
  • High Value: 632,556
  • Low Value: 427,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,200
  • First Open Lien Mortgage Lender: AMTRUST BANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2009
  • First Open Lien Mortgage Loan Amount: $146,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2039

    Market Valuation

  • Market Total Value: $180,500
  • Market Land Value: $60,000
  • Market Improvement Value: $120,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,500
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $120,500

    Sales

  • Current Sale Contract Date: Feb 12, 2009
  • Current Sale Recording Date: Feb 18, 2009
  • Current Sale Transaction ID: 1131430860
  • Current Sale Price: $172,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2009014505

    Last Sale Mortgage

  • First Mortgage Lender: AMTRUST BANK
  • First Mortgage Transaction Date: Feb 18, 2009
  • First Mortgage Loan Amount: $146,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2039
  • Second Mortgage Lender: THE STATE OF NEW JERSEY
  • Second Mortgage Transaction Date: Feb 18, 2009
  • Second Mortgage Loan Amount: $88,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

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Frequently Asked Questions

What neighborhood is 85 Coles Way located in?
The 85 Coles Way is a located in the neighborhood of Ocean in Ocean, Lakewood.
What is the average sales price for listings in 85 Coles Way?
The average sales price for units in 85 Coles Way is $0 currently.

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