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3 Fay Drive

3 Fay Drive, East Hanover, NJ 07936
Property in Morris
Sold May 05, 2015
$475,500
$200,000 by Phh Home Loans Llc
Mortgage Due May 01, 2030
Local assessors in East Hanover, NJ have categorized 3 Fay Drive as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 15,002 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. 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 3 Fay Drive has a total of 1,606 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 frame control joints. 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, 3 Fay Drive was last sold in Mar 31, 2015 for $475,500. According to our calculations, that's $296.08 per sqft. Current property owners are expected to pay $7,492 in taxes per year. The property on 3 Fay Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $300,300. To break that down further, the land itself was valued at $169,200. While improvements to the property were assessed at a total of $131,100. 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. 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. 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: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,606
  • Building Area: 1,606
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,606
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GIORGIO JOSEPH
  • Current Owner 2: GIORGIO CAROL
  • Previous Owner : SILVER JOHN E
  • Previous Owner 2: SILLER JOHN KIRBY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

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

Zoning

  • Zoning: R-15

Geography

  • Account Number: 00401180
  • District: 10
  • Parcel: 10 00038- 05-00032
  • Block: 38.05
  • Lot: 32
  • Municipality: EAST HANOVER TWP
  • Latitude: 40.8248
  • Longitude: -74.3444

    Address

  • Full Address: 3 Fay Dr
  • Address - House Number: 3
  • Address - Street Name: Fay
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: East Hanover
  • Carrier Code: C006
  • 4-Digit Zip Code: 3053
  • Zip Code: 07936

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,492

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 657,532
  • High Value: 771,276
  • Low Value: 543,788

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: PHH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: May 05, 2015
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2030

    Market Valuation

  • Market Total Value: $418,187
  • Market Land Value: $235,622
  • Market Improvement Value: $182,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,300
  • Assessed Land Value: $169,200
  • Assessed Improvements Value: $131,100

    Sales

  • Current Sale Contract Date: Mar 31, 2015
  • Current Sale Recording Date: May 05, 2015
  • Current Sale Transaction ID: 1273456218
  • Current Sale Price: $475,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015025454

    Last Sale Mortgage

  • First Mortgage Lender: PHH HOME LOANS LLC
  • First Mortgage Transaction Date: May 05, 2015
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2030

About Morris



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Frequently Asked Questions

What neighborhood is 3 Fay Drive located in?
The 3 Fay Drive is a located in the neighborhood of Morris in Morris, East Hanover.
What is the average sales price for listings in 3 Fay Drive?
The average sales price for units in 3 Fay Drive is $0 currently.

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