3 Lyons Place

3 Lyons Place in Morristown, NJ was first built in 1984 and is 40 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 3 Lyons Place has 1,296 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 630 ft and the linear feet between the front and back of the lot is 960. In total, the area measurement of the land is 6,046 square feet.

Learn more about the property and building on this page. 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, 3 Lyons Place sold most recently in Mar 12, 2024 for a total of $466,003. If you work out the math, that's approximately a cost of $359.57 per sqft. Before that, the property was also sold for $331,000 in Dec 15, 2016. 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 $7,567 in taxes each year. 3 Lyons Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,400. If we break it down further, the land itself was valued at $160,000. Improvements to the property, however, were assessed at a total of $100,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.