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50 Cheri Lane

50 Cheri Lane, Fairfield, NJ 07004
Property in Essex
Sold Sep 28, 2021
$700,000
$548,250 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2051
50 Cheri Lane in Fairfield, NJ was first built in 1977 and is 47 years old. This has been categorized as a residential property type. There are a total of 2 floors. 50 Cheri Lane has 2,615 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 1,100 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 15,952 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Sep 17, 2021 for $700,000. That's $267.69 per sqft. 50 Cheri Lane was last assessed in 2022. The total value of the property was assessed at $638,400. Specifically, the land the property is located on was valued at $335,700. While improvements on the property were assessed at a total of $302,700. 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 $12,787. The initial tax year of delinquency was in 2016. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,952
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,615
  • Building Area: 2,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,615
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.366
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOZITO MARC L
  • Current Owner 2: LOZITO JULIANNE J
  • Previous Owner : ANTONELLIS DANIEL
  • Previous Owner 2: ESTATE OF PETER A ANTONELLIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Fairfield Township School District
  • Census Tract: 021601

Geography

  • Assessors Map Reference: TAX MAP 39
  • Account Number: 00001725
  • District: 07
  • Parcel: 07 03901-0000-00026
  • Block: 3901
  • Lot: 26
  • Municipality: FAIRFIELD TWP
  • Latitude: 40.88
  • Longitude: -74.2996

    Address

  • Full Address: 50 Cheri Ln
  • Address - House Number: 50
  • Address - Street Name: Cheri
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Fairfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 1838
  • Zip Code: 07004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,787
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1068
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 89
  • Final Value: 786,404
  • High Value: 870,397
  • Low Value: 702,412

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: $638,400
  • Market Land Value: $335,700
  • Market Improvement Value: $302,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $638,400
  • Assessed Land Value: $335,700
  • Assessed Improvements Value: $302,700

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11859489858
  • Current Sale Price: $700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021118789

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 50 Cheri Lane located in?
The 50 Cheri Lane is a located in the neighborhood of Essex in Essex, Fairfield.
What is the average sales price for listings in 50 Cheri Lane?
The average sales price for units in 50 Cheri Lane is $0 currently.

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