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97 Will Lane

97 Will Lane, Watchung, NJ 07069
Property in Somerset
Sold Nov 03, 2000
$462,500
Sold Dec 05, 1995
$390,000
$273,000 by World Savings
Mortgage
97 Will Lane in Watchung, NJ was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. 97 Will Lane has 3,196 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 65,340 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. 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 Oct 26, 2000 for $462,500. That's $144.71 per sqft. Prior to that sales transaction, the property was also sold in Jun 24, 1995 for $390,000. 97 Will Lane was last assessed in 2023. The total value of the property was assessed at $664,000. Specifically, the land the property is located on was valued at $316,300. While improvements on the property were assessed at a total of $347,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $13,552. 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. 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: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 3,196
  • Building Area: 3,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: OID 65 3.I

Ownership

  • Current Owner : VASSOS EMMANUEL
  • Current Owner 2: EMMANUEL PHYLLIS
  • Previous Owner : STAMM ALFRED
  • Owner Before Previous Owner: GERSHAV CAROL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: R-R

Geography

  • Assessors Map Reference: TAX MAP 18
  • Account Number: S001
  • District: 21
  • Parcel: 21 06503-0000-00006
  • Block: 6503
  • Lot: 6
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6378
  • Longitude: -74.4413

    Address

  • Full Address: 97 Will Ln
  • Address - House Number: 97
  • Address - Street Name: Will
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C091
  • 4-Digit Zip Code: 6435
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,552

    Appraisal Valuation

  • Standard Deviation: 0.1977
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 994,645
  • High Value: 1,191,298
  • Low Value: 797,993

    Market Valuation

  • Market Total Value: $663,270
  • Market Land Value: $315,952
  • Market Improvement Value: $347,318

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,000
  • Assessed Land Value: $316,300
  • Assessed Improvements Value: $347,700

    Sales

  • Current Sale Contract Date: Oct 26, 2000
  • Current Sale Recording Date: Nov 03, 2000
  • Current Sale Transaction ID: 1062655505
  • Current Sale Price: $462,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 05, 1995
  • Previous Sale Contract Date: Jun 24, 1995
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG
  • First Mortgage Transaction Date: Nov 03, 2000
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS
  • Previous Mortgage Transaction Date: Dec 05, 1995
  • Previous Mortgage Loan Amount: $273,000
  • Previous Mortgage Term: 360

About Watchung



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Frequently Asked Questions

What neighborhood is 97 Will Lane located in?
The 97 Will Lane is a located in the neighborhood of Somerset in Watchung, Watchung.
What is the average sales price for listings in 97 Will Lane?
The average sales price for units in 97 Will Lane is $0 currently.

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