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99 Oakridge Lane

99 Oakridge Lane, Watchung, NJ 07069
House in Somerset
Sold Oct 03, 2019
$996,000
$597,600 by Pnc Bank Na
Mortgage Due Nov 01, 2049
Sold Nov 21, 2017
$450,000
99 Oakridge Lane in Watchung, NJ was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. 99 Oakridge Lane has 2,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 65,340 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of brick. 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, 99 Oakridge Lane sold most recently in Sep 25, 2019 for a total of $996,000. If you work out the math, that's approximately a cost of $415.69 per sqft. Before that, the property was also sold for $450,000 in Nov 10, 2017. 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 $21,541 in taxes each year. 99 Oakridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,055,400. If we break it down further, the land itself was valued at $282,400. Improvements to the property, however, were assessed at a total of $773,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,396
  • Building Area: 2,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAP OF BUCK HILL TRACT
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OID 44 11.E

Ownership

  • Current Owner : AMBROSE WILLIAM R
  • Previous Owner : MESSINA HOMES LLC
  • Owner Before Previous Owner: ALLEN CAROLE DOERR
  • Owner Before Previous Owner 2: DOERR LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: R-R

Geography

  • Assessors Map Reference: TAX MAP 14
  • Account Number: S001
  • District: 21
  • Parcel: 21 04403-0000-00009
  • Block: 4403
  • Lot: 9
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6373
  • Longitude: -74.4414

    Address

  • Full Address: 99 Oakridge Ln
  • Address - House Number: 99
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C027
  • 4-Digit Zip Code: 6455
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,541

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 1,352,735
  • High Value: 1,540,668
  • Low Value: 1,164,802

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $597,600
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Oct 03, 2019
  • First Open Lien Mortgage Loan Amount: $597,600
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $1,054,241
  • Market Land Value: $282,090
  • Market Improvement Value: $772,151

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,055,400
  • Assessed Land Value: $282,400
  • Assessed Improvements Value: $773,000

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Transaction ID: 11677963600
  • Current Sale Price: $996,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019037590
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Nov 10, 2017
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Oct 03, 2019
  • First Mortgage Loan Amount: $597,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 99 Oakridge Lane located in?
The 99 Oakridge Lane is a house located in the neighborhood of Somerset in Watchung, Watchung.
What is the average sales price for listings in 99 Oakridge Lane?
The average sales price for units in 99 Oakridge Lane is $0 currently.

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