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985 Old Foundry Road

985 Old Foundry Road, Newton, NJ 07860
Property in Sussex
Sold Feb 04, 2011
$210,209
$168,000 by First Place Bank
Mortgage Due Dec 01, 2040
Sold Jul 16, 2007
$339,797
$271,837 by Residential Home Funding Corp
Mortgage Due Jul 01, 2037
Local assessors in Newton, NJ have categorized 985 Old Foundry Road as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 174,240 square feet. 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 985 Old Foundry Road has a total of 2,212 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 garage underground or in the basement for those who need a place to park their vehicle. 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, 985 Old Foundry Road sold most recently in Oct 30, 2010 for a total of $210,209. If you work out the math, that's approximately a cost of $95.03 per sqft. Before that, the property was also sold for $339,797 in Jun 29, 2007. 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 $8,078 in taxes each year. 985 Old Foundry Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $230,000. If we break it down further, the land itself was valued at $85,100. Improvements to the property, however, were assessed at a total of $144,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 2,212
  • Building Area: 2,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,212
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DUTZI THOMAS L
  • Previous Owner : SCHNEIDER RICHARD
  • Owner Before Previous Owner: MEIDEN PAULA
  • Owner Before Previous Owner 2: MEIDEN DAVID
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kittatinny Regional School District
  • Census Tract: 373900

Zoning

  • Zoning: R5A

Geography

  • Assessors Map Reference: TAX MAP 24
  • District: 20
  • Parcel: 20 02401-0000-00051
  • Block: 2401
  • Lot: 51
  • Municipality: STILLWATER TWP
  • Latitude: 41.0874
  • Longitude: -74.8683

    Address

  • Full Address: 985 Old Foundry Rd
  • Address - House Number: 985
  • Address - Street Name: Old Foundry
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Newton
  • Carrier Code: R008
  • 4-Digit Zip Code: 4001
  • Zip Code: 07860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,078

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 425,098
  • High Value: 517,060
  • Low Value: 333,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: FIRST PLACE BANK
  • First Open Lien Mortgage Recording Date: Feb 04, 2011
  • First Open Lien Mortgage Loan Amount: $168,000
  • 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: Dec 01, 2040

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $85,100
  • Market Improvement Value: $144,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,000
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $144,900

    Sales

  • Current Sale Contract Date: Oct 30, 2010
  • Current Sale Recording Date: Feb 04, 2011
  • Current Sale Transaction ID: 11475021058
  • Current Sale Price: $210,209
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20110204010028800
  • Previous Sale Recording Date: Jul 16, 2007
  • Previous Sale Contract Date: Jun 29, 2007
  • Previous Sale Amount: $339,797
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST PLACE BANK
  • First Mortgage Transaction Date: Feb 04, 2011
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL HOME FUNDING CORP
  • Previous Mortgage Transaction Date: Jul 16, 2007
  • Previous Mortgage Loan Amount: $271,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Sussex



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Frequently Asked Questions

What neighborhood is 985 Old Foundry Road located in?
The 985 Old Foundry Road is a located in the neighborhood of Sussex in Sussex, Newton.
What is the average sales price for listings in 985 Old Foundry Road?
The average sales price for units in 985 Old Foundry Road is $0 currently.

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