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97 Lake Shore Drive

97 Lake Shore Drive, Rockaway, NJ 07866
Property in Morris
Sold Nov 29, 2004
$765,000
$252,150 by Quicken Loans Llc
Mortgage Due Dec 01, 2035
Sold Dec 07, 1993
$284,000
$213,000 by Summit Bk
Mortgage
Local assessors in Rockaway, NJ have categorized 97 Lake Shore Drive as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 22,216 square feet. The linear feet between the front and back of the lot was measured at 3,370 ft and the front of the lot was measured at 600 ft. 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 97 Lake Shore Drive has a total of 2,723 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. 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. 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, 97 Lake Shore Drive sold most recently in Nov 10, 2004 for a total of $765,000. If you work out the math, that's approximately a cost of $280.94 per sqft. Before that, the property was also sold for $284,000 in Nov 1, 1993. 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 $15,873 in taxes each year. 97 Lake Shore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $604,900. If we break it down further, the land itself was valued at $295,700. Improvements to the property, however, were assessed at a total of $309,200. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 3,370
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,723
  • Building Area: 2,723
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,723
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GOLDMAN JAY
  • Current Owner 2: GOLDMAN NANCY
  • Previous Owner : LACH EILEEN
  • Owner Before Previous Owner: SONNENBERG EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rockaway Township School District
  • Census Tract: 044403

Zoning

  • Zoning: R-13

Geography

  • Assessors Map Reference: TAX MAP 218
  • District: 35
  • Parcel: 35 21806-0000-00024
  • Block: 21806
  • Lot: 24
  • Municipality: ROCKAWAY TWP
  • Latitude: 40.92
  • Longitude: -74.5209

    Address

  • Full Address: 97 Lake Shore Dr
  • Address - House Number: 97
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Rockaway
  • Carrier Code: C004
  • 4-Digit Zip Code: 1405
  • Zip Code: 07866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,873

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 734,260
  • High Value: 848,958
  • Low Value: 619,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,150
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $252,150
  • 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: Dec 01, 2035

    Market Valuation

  • Market Total Value: $644,265
  • Market Land Value: $314,943
  • Market Improvement Value: $329,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,900
  • Assessed Land Value: $295,700
  • Assessed Improvements Value: $309,200

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2004
  • Current Sale Recording Date: Nov 29, 2004
  • Current Sale Transaction ID: 1062255745
  • Current Sale Price: $765,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 07, 1993
  • Previous Sale Contract Date: Nov 01, 1993
  • Previous Sale Amount: $284,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPENCER SAVINGS BANK
  • First Mortgage Transaction Date: Nov 29, 2004
  • First Mortgage Loan Amount: $385,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT BK
  • Previous Mortgage Transaction Date: Dec 07, 1993
  • Previous Mortgage Loan Amount: $213,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 97 Lake Shore Drive located in?
The 97 Lake Shore Drive is a located in the neighborhood of Morris in White Meadow Lake, Rockaway.
What is the average sales price for listings in 97 Lake Shore Drive?
The average sales price for units in 97 Lake Shore Drive is $0 currently.

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