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97 Old Orchard Lane

97 Old Orchard Lane, Asbury Park, NJ 07712
Property in Monmouth
Sold Aug 08, 2016
$340,000
$160,000 by Weichert Financial Services
Mortgage Due Aug 01, 2046
Sold Aug 22, 2005
$400,000
$160,000 by Oceanfirst Bank
Mortgage
97 Old Orchard Lane has been categorized by the local assessors in Asbury Park, NJ as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 97 Old Orchard Lane has 1,989 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 19,602 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 mixed used garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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 Old Orchard Lane sold most recently in Jul 26, 2016 for a total of $340,000. If you work out the math, that's approximately a cost of $170.94 per sqft. Before that, the property was also sold for $400,000 in Jul 27, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,205 in taxes each year. 97 Old Orchard Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,200. If we break it down further, the land itself was valued at $215,000. Improvements to the property, however, were assessed at a total of $256,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 1,989
  • Building Area: 1,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.45
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : HIGGINS JOHN W
  • Current Owner 2: HIGGINS MAUREEN
  • Previous Owner : CUSANELLI MARIA G
  • Owner Before Previous Owner: CUSANELLI CAROLYN M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806502

Geography

  • Assessors Map Reference: TAX MAP 26
  • District: 37
  • Parcel: 37 00034- 03-00008-0000-C2101
  • Block: 34.03
  • Lot: 8
  • Municipality: OCEAN TWP
  • Latitude: 40.2562
  • Longitude: -74.0554

    Address

  • Full Address: 97 Old Orchard Ln
  • Address - House Number: 97
  • Address - Street Name: Old Orchard
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Ocean
  • Carrier Code: C033
  • 4-Digit Zip Code: 2573
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,205

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 568,613
  • High Value: 660,733
  • Low Value: 476,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 08, 2016
  • First Open Lien Mortgage Loan Amount: $160,000
  • 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: Aug 01, 2046

    Market Valuation

  • Market Total Value: $471,200
  • Market Land Value: $215,000
  • Market Improvement Value: $256,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,200
  • Assessed Land Value: $215,000
  • Assessed Improvements Value: $256,200

    Sales

  • Current Sale Contract Date: Jul 26, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Transaction ID: 1937988475
  • Current Sale Price: $340,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016074893
  • Previous Sale Recording Date: Aug 22, 2005
  • Previous Sale Contract Date: Jul 27, 2005
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • First Mortgage Transaction Date: Aug 08, 2016
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: OCEANFIRST BANK
  • Previous Mortgage Transaction Date: Aug 22, 2005
  • Previous Mortgage Loan Amount: $160,000

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Frequently Asked Questions

What neighborhood is 97 Old Orchard Lane located in?
The 97 Old Orchard Lane is a located in the neighborhood of Monmouth in Monmouth, Asbury Park.
What is the average sales price for listings in 97 Old Orchard Lane?
The average sales price for units in 97 Old Orchard Lane is $0 currently.

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