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988 Fairview Lake Road

988 Fairview Lake Road, Newton, NJ 07860
Property in Sussex
Sold Jan 06, 2015
$205,000
$201,286 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2045
Local assessors in Newton, NJ have categorized 988 Fairview Lake Road as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 130,680 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 988 Fairview Lake Road has a total of 2,084 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 mixed used garage 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, 988 Fairview Lake Road sold most recently in Nov 13, 2014 for a total of $205,000. If you work out the math, that's approximately a cost of $98.37 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 $7,449 in taxes each year. 988 Fairview Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $212,100. If we break it down further, the land itself was valued at $76,000. Improvements to the property, however, were assessed at a total of $136,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1932
  • Effective Year Built: 1932
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,084
  • Building Area: 2,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MONDRONE MICHAEL J
  • Previous Owner : NUGENT JOHN C
  • Previous Owner 2: NUGENT PATRICIA A
  • 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 02401-0000-00035
  • Block: 2401
  • Lot: 35
  • Municipality: STILLWATER TWP
  • Latitude: 41.07
  • Longitude: -74.8874

    Address

  • Full Address: 988 Fairview Lake Rd
  • Address - House Number: 988
  • Address - Street Name: Fairview Lake
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Newton
  • Carrier Code: R005
  • 4-Digit Zip Code: 4009
  • Zip Code: 07860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,449

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 404,034
  • High Value: 491,439
  • Low Value: 316,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,286
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 06, 2015
  • First Open Lien Mortgage Loan Amount: $201,286
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $212,100
  • Market Land Value: $76,000
  • Market Improvement Value: $136,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,100
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $136,100

    Sales

  • Current Sale Contract Date: Nov 13, 2014
  • Current Sale Recording Date: Jan 06, 2015
  • Current Sale Transaction ID: 11475021022
  • Current Sale Price: $205,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20150106010002010

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 06, 2015
  • First Mortgage Loan Amount: $201,286
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2045

About Sussex



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Frequently Asked Questions

What neighborhood is 988 Fairview Lake Road located in?
The 988 Fairview Lake Road is a located in the neighborhood of Sussex in Sussex, Newton.
What is the average sales price for listings in 988 Fairview Lake Road?
The average sales price for units in 988 Fairview Lake Road is $0 currently.

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