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908 East Gate Road

908 East Gate Road, Butler, NJ 07405
Property in Morris
Sold Jul 14, 1997
$355,000
$100,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 04, 2048
908 East Gate Road has been categorized by the local assessors in Butler, NJ as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The building has a total of 2 stories. In addition, 908 East Gate Road has 3,513 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 118,483 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. 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, 908 East Gate Road sold most recently in Jul 9, 1997 for a total of $355,000. If you work out the math, that's approximately a cost of $101.05 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 $17,405 in taxes each year. 908 East Gate Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $613,500. If we break it down further, the land itself was valued at $247,800. Improvements to the property, however, were assessed at a total of $365,700. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 118,483
  • Total Building Area: 3,513
  • Building Area: 3,513
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,513
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.72
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BARON STEPHEN
  • Current Owner 2: BARON CARMELA
  • Previous Owner : NEWMAN GARY
  • Previous Owner 2: NEWMAN GARA MORSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kinnelon Borough School District
  • Census Tract: 040702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 10
  • District: 15
  • Parcel: 15 11002-0000-00101
  • Block: 11002
  • Lot: 101
  • Municipality: KINNELON BORO
  • Latitude: 40.99
  • Longitude: -74.3943

    Address

  • Full Address: 908 E Gate Rd
  • Address - House Number: 908
  • Street Direction: E
  • Address - Street Name: Gate
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Kinnelon
  • Carrier Code: C004
  • 4-Digit Zip Code: 2201
  • Zip Code: 07405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,405

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 886,568
  • High Value: 1,025,058
  • Low Value: 748,078

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 28, 2013
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 419
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jan 04, 2048

    Market Valuation

  • Market Total Value: $655,589
  • Market Land Value: $264,800
  • Market Improvement Value: $390,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,500
  • Assessed Land Value: $247,800
  • Assessed Improvements Value: $365,700

    Sales

  • Current Sale Contract Date: Jul 09, 1997
  • Current Sale Recording Date: Jul 14, 1997
  • Current Sale Transaction ID: 1165556931
  • Current Sale Price: $355,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 056173

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MTG CORP
  • First Mortgage Transaction Date: Jul 14, 1997
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2027

    Financing

  • First Mortgage Financing Type: Variable

About Kinnelon



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Frequently Asked Questions

What neighborhood is 908 East Gate Road located in?
The 908 East Gate Road is a located in the neighborhood of Morris in Kinnelon, Butler.
What is the average sales price for listings in 908 East Gate Road?
The average sales price for units in 908 East Gate Road is $0 currently.

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