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1156 Lake Avenue

1156 Lake Avenue, Clark, NJ 07066
Property in Union
Sold Jun 22, 2022
$260,000
$237,276 by Mortgage Research Center Llc
Mortgage Due Jul 01, 2052
Sold Jan 11, 2021
$235,000
$188,000 by Stearns Lending Llc
Mortgage Due Feb 01, 2051
Local assessors in Clark, NJ have categorized 1156 Lake Avenue as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 940 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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 1156 Lake Avenue has a total of 870 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. 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 brick control joints. Lots of brick were used in the construction of the exterior walls of the home. 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, 1156 Lake Avenue sold most recently in Jun 8, 2022 for a total of $260,000. If you work out the math, that's approximately a cost of $298.85 per sqft. Before that, the property was also sold for $235,000 in Dec 30, 2020. 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 $4,700 in taxes each year. The initial year of tax delinquency occurred in 2017. 1156 Lake Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,500. If we break it down further, the land itself was valued at $162,000. Improvements to the property, however, were assessed at a total of $53,500. 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.

Building Features

Exterior

Brick Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 84
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 940
  • Total Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIARWOOD
  • Land Acres: 0.021
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : BEARD COURTNEY S
  • Previous Owner : AYDIN KONSTANTIN J
  • Owner Before Previous Owner: LERNER ALEXIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Clark Township School District
  • Census Tract: 036301

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 14
  • District: 02
  • Parcel: 02 00031- 03-00001- 01-C1156
  • Block: 31.03
  • Lot: 1.01
  • Municipality: CLARK TWP
  • Latitude: 40.6144
  • Longitude: -74.336

    Address

  • Full Address: 1156 Lake Ave
  • Address - House Number: 1156
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Clark
  • Carrier Code: C048
  • 4-Digit Zip Code: 2747
  • Zip Code: 07066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,700
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2383
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 340,923
  • High Value: 422,182
  • Low Value: 259,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,276
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jun 22, 2022
  • First Open Lien Mortgage Loan Amount: $237,276
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $215,500
  • Market Land Value: $162,000
  • Market Improvement Value: $53,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,500
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $53,500

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Transaction ID: 11891020341
  • Current Sale Price: $260,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 19360
  • Previous Sale Recording Date: Jan 11, 2021
  • Previous Sale Contract Date: Dec 30, 2020
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jun 22, 2022
  • First Mortgage Loan Amount: $237,276
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Jan 11, 2021
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About Union



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Frequently Asked Questions

What neighborhood is 1156 Lake Avenue located in?
The 1156 Lake Avenue is a located in the neighborhood of Union in Union, Clark.
What is the average sales price for listings in 1156 Lake Avenue?
The average sales price for units in 1156 Lake Avenue is $0 currently.

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