Check Availability

1 Kennedy Terrace

1 Kennedy Terrace, East Hanover, NJ 07936
Property in Morris
Sold Oct 11, 2018
$470,000
$537,240 by Semper Home Loans Inc
Mortgage Due Aug 01, 2052
Local assessors in East Hanover, NJ have categorized 1 Kennedy Terrace as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 32,478 square feet. The linear feet between the front and back of the lot was measured at 2,800 ft and the front of the lot was measured at 1,160 ft. If we look only at the heated or air conditioned part of the building, then 1 Kennedy Terrace has a total of 2,250 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. The property was last sold in Aug 28, 2018 for $470,000. That's $208.89 per sqft. 1 Kennedy Terrace was last assessed in 2023. The total value of the property was assessed at $334,400. Specifically, the land the property is located on was valued at $187,500. While improvements on the property were assessed at a total of $146,900. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,343. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 32,478
  • Lot Size Depth Feet: 2,800
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 2,250
  • Building Area: 2,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENVIRONMENTAL DEVELOPERS
  • Land Acres: 0.746
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PEER MICHAEL
  • Current Owner 2: PREZIOSI JESSICA LAUREN
  • Previous Owner : REYNOLDS MARGARET E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: East Hanover Township School District
  • Census Tract: 041901

Zoning

  • Zoning: R-20

Geography

  • Account Number: 00300740
  • District: 10
  • Parcel: 10 00042-0000-00036- 03
  • Block: 42
  • Lot: 36.03
  • Municipality: EAST HANOVER TWP
  • Latitude: 40.8198
  • Longitude: -74.3589

    Address

  • Full Address: 1 Kennedy Ter
  • Address - House Number: 1
  • Address - Street Name: Kennedy
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: East Hanover
  • Carrier Code: C012
  • 4-Digit Zip Code: 2814
  • Zip Code: 07936

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,343

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 659,435
  • High Value: 764,784
  • Low Value: 554,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $537,240
  • First Open Lien Mortgage Lender: SEMPER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Loan Amount: $537,240
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $465,674
  • Market Land Value: $261,106
  • Market Improvement Value: $204,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,400
  • Assessed Land Value: $187,500
  • Assessed Improvements Value: $146,900

    Sales

  • Current Sale Contract Date: Aug 28, 2018
  • Current Sale Recording Date: Oct 11, 2018
  • Current Sale Transaction ID: 11522628604
  • Current Sale Price: $470,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018057318

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Oct 11, 2018
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

About Morris



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1 Kennedy Terrace located in?
The 1 Kennedy Terrace is a located in the neighborhood of Morris in Morris, East Hanover.
What is the average sales price for listings in 1 Kennedy Terrace?
The average sales price for units in 1 Kennedy Terrace is $0 currently.

Quantcast