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56 Ryan Lane

56 Ryan Lane, Lincoln Park, NJ 07035
Property in Morris
Sold Oct 09, 2020
$369,000
$269,000 by Atlantic Home Loans Inc
Mortgage Due Nov 01, 2040
Sold Sep 14, 1999
$212,000
$75,000 by Reynolds Carolina Fcu
Mortgage Due Oct 01, 2029
56 Ryan Lane in Lincoln Park, NJ was first built in 1987 and is 37 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. 56 Ryan Lane has 1,380 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. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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, 56 Ryan Lane sold most recently in Sep 28, 2020 for a total of $369,000. If you work out the math, that's approximately a cost of $267.39 per sqft. Before that, the property was also sold for $212,000 in Sep 10, 1999. 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 $9,717 in taxes each year. 56 Ryan Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $319,100. If we break it down further, the land itself was valued at $140,000. Improvements to the property, however, were assessed at a total of $179,100. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SKYLINE VILLAGE CONDOMINIUMS
  • Land Acres: 0.18
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : MATSON CAROLYN
  • Current Owner 2: MATSON ROBERT
  • Previous Owner : WEAVER INGE
  • Owner Before Previous Owner: BERKSON MICHAEL
  • Owner Before Previous Owner 2: BERKSON CHRISTINE FLYNN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln Park Borough School District
  • Census Tract: 040102

Zoning

  • Zoning: THS

Geography

  • Assessors Map Reference: TAX MAP 38.1
  • District: 16
  • Parcel: 16 00046-0000-00063- 2-CK062
  • Block: 46
  • Lot: 63.2
  • Municipality: LINCOLN PARK BORO
  • Latitude: 40.9143
  • Longitude: -74.2922

    Address

  • Full Address: 56 Ryan Ln
  • Address - House Number: 56
  • Address - Street Name: Ryan
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Lincoln Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 2128
  • Zip Code: 07035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,717

    Appraisal Valuation

  • Standard Deviation: 0.1598
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 472,305
  • High Value: 547,797
  • Low Value: 396,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,000
  • First Open Lien Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $269,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2040

    Market Valuation

  • Market Total Value: $386,741
  • Market Land Value: $169,676
  • Market Improvement Value: $217,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,100
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $179,100

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11797996941
  • Current Sale Price: $369,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020070732
  • Previous Sale Recording Date: Sep 14, 1999
  • Previous Sale Contract Date: Sep 10, 1999
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $269,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: REYNOLDS CAROLINA FCU
  • Previous Mortgage Transaction Date: Sep 14, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2029

About Lincoln Park



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Frequently Asked Questions

What neighborhood is 56 Ryan Lane located in?
The 56 Ryan Lane is a located in the neighborhood of Morris in Lincoln Park, Lincoln Park.
What is the average sales price for listings in 56 Ryan Lane?
The average sales price for units in 56 Ryan Lane is $0 currently.

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