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2 Marlene Lane

2 Marlene Lane, Newton, NJ 07860
Property in Sussex
Sold Sep 16, 2014
$450,000
$360,000 by Everett Financial Inc
Mortgage Due Sep 01, 2044
Sold Aug 24, 2005
$610,000
$285,000 by Wachovia Mortgage Corp
Mortgage Due Sep 01, 2035
Local assessors in Newton, NJ have categorized 2 Marlene Lane as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 110,207 square feet. If we look only at the heated or air conditioned part of the building, then 2 Marlene Lane has a total of 4,384 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 18, 2014 for $450,000. That's $102.65 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2005 for $610,000. 2 Marlene Lane was last assessed in 2023. The total value of the property was assessed at $446,700. Specifically, the land the property is located on was valued at $97,500. While improvements on the property were assessed at a total of $349,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $18,140. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 110,207
  • Total Building Area: 4,384
  • Building Area: 4,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.53
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VIDAL JOSE
  • Previous Owner : BACOLAS JAMES
  • Previous Owner 2: BACOLAS CATHERINE
  • Owner Before Previous Owner: SCHWARTZ HARRY W
  • Owner Before Previous Owner 2: SCHWARTZ MARY T
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Andover Regional School District
  • Census Tract: 373500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 43
  • Account Number: 00006789
  • District: 02
  • Parcel: 02 00071-0000-00002- 01
  • Block: 71
  • Lot: 2.01
  • Municipality: ANDOVER TWP
  • Latitude: 41.0153
  • Longitude: -74.7113

    Address

  • Full Address: 2 Marlene Ln
  • Address - House Number: 2
  • Address - Street Name: Marlene
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Newton
  • Carrier Code: R001
  • 4-Digit Zip Code: 6122
  • Zip Code: 07860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,140

    Appraisal Valuation

  • Standard Deviation: 0.1924
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 748,696
  • High Value: 892,747
  • Low Value: 604,645

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2014
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Sep 01, 2044

    Market Valuation

  • Market Total Value: $446,700
  • Market Land Value: $97,500
  • Market Improvement Value: $349,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,700
  • Assessed Land Value: $97,500
  • Assessed Improvements Value: $349,200

    Sales

  • Current Sale Contract Date: Aug 18, 2014
  • Current Sale Recording Date: Sep 16, 2014
  • Current Sale Transaction ID: 11475178387
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20140916010153060
  • Previous Sale Recording Date: Aug 24, 2005
  • Previous Sale Contract Date: Aug 09, 2005
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Sep 16, 2014
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 24, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Sussex



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Frequently Asked Questions

What neighborhood is 2 Marlene Lane located in?
The 2 Marlene Lane is a located in the neighborhood of Sussex in Sussex, Newton.
What is the average sales price for listings in 2 Marlene Lane?
The average sales price for units in 2 Marlene Lane is $0 currently.

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