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10 Red Oak Terrace

10 Red Oak Terrace, Oak Ridge, NJ 07438
Property in Morris
Sold Nov 01, 2021
$235,000
$211,500 by Mortgage Access Corp
Mortgage Due Oct 01, 2051
Sold Sep 08, 2004
$270,000
$216,000 by First Hope Bank
Mortgage
Local assessors in Oak Ridge, NJ have categorized 10 Red Oak Terrace as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 797 square feet. If we look only at the heated or air conditioned part of the building, then 10 Red Oak Terrace has a total of 1,228 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10 Red Oak Terrace was last sold in Sep 1, 2021 for $235,000. According to our calculations, that's $191.37 per sqft. Prior to that sales transaction, the property was sold for $270,000 in Aug 26, 2004. Current property owners are expected to pay $6,461 in taxes per year. The property on 10 Red Oak Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $220,800. To break that down further, the land itself was valued at $86,000. While improvements to the property were assessed at a total of $134,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 797
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERKSHIRE RIDGE
  • Land Acres: 0.018
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : POLICARPIO CHRISTOPHER
  • Previous Owner : HARDENBERGH LEWIS R
  • Owner Before Previous Owner: SMITH DOUGLAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Jefferson Township School District
  • Census Tract: 044602

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 75.3
  • District: 14
  • Parcel: 14 00453-0000-00004-2147
  • Block: 453
  • Lot: 4.2147
  • Municipality: JEFFERSON TWP
  • Latitude: 41.0326
  • Longitude: -74.5094

    Address

  • Full Address: 10 Red Oak Ter
  • Address - House Number: 10
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Oak Ridge
  • Carrier Code: R009
  • 4-Digit Zip Code: 9188
  • Zip Code: 07438

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,461

    Appraisal Valuation

  • Standard Deviation: 0.1881
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 315,559
  • High Value: 374,925
  • Low Value: 256,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,500
  • First Open Lien Mortgage Lender: MORTGAGE ACCESS CORP
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $211,500
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $240,079
  • Market Land Value: $93,509
  • Market Improvement Value: $146,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,800
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $134,800

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11864337843
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021089862
  • Previous Sale Recording Date: Sep 08, 2004
  • Previous Sale Contract Date: Aug 26, 2004
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ACCESS CORP
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $211,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HOPE BANK
  • Previous Mortgage Transaction Date: Sep 08, 2004
  • Previous Mortgage Loan Amount: $216,000
  • Previous Mortgage Term: 360

About Morris



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Frequently Asked Questions

What neighborhood is 10 Red Oak Terrace located in?
The 10 Red Oak Terrace is a located in the neighborhood of Morris in Morris, Oak Ridge.
What is the average sales price for listings in 10 Red Oak Terrace?
The average sales price for units in 10 Red Oak Terrace is $0 currently.

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