2 Flanders Rd Unit 220 Netcong, NJ 07857
Mount Arlington NeighborhoodEstimated Value: $526,000
2
Beds
2
Baths
950
Sq Ft
$554/Sq Ft
Est. Value
About This Home
This home is located at 2 Flanders Rd Unit 220, Netcong, NJ 07857 and is currently estimated at $526,000, approximately $553 per square foot. 2 Flanders Rd Unit 220 is a home located in Morris County with nearby schools including Netcong Elementary School, Lenape Val Regional High School, and St. Therese School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2021
Sold by
Flanders 46 Limited Liability Company
Bought by
Crown Walk Urban Renewal Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,183,000
Outstanding Balance
$9,353,679
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
May 4, 2012
Sold by
M D 2 Llc
Bought by
Flanders 46 Limited Liability Company
Purchase Details
Closed on
Jan 22, 2003
Sold by
Netcong Assoc
Bought by
Mdi Netcong Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,500
Interest Rate
6.09%
Purchase Details
Closed on
Oct 23, 1997
Sold by
Sporn Realty & Management Corp
Bought by
Netcong Associates Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
8%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crown Walk Urban Renewal Llc | $2,400,000 | Medison Title Agency | |
| Flanders 46 Limited Liability Company | $450,000 | Old Republic National Title | |
| Mdi Netcong Llc | $1,200,000 | -- | |
| Netcong Associates Inc | $630,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Crown Walk Urban Renewal Llc | $10,183,000 | |
| Previous Owner | Mdi Netcong Llc | $1,226,500 | |
| Previous Owner | Netcong Associates Inc | $2,500,000 | |
| Previous Owner | Netcong Associates Inc | $230,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $19,845 | $573,400 | $573,400 | $0 |
| 2023 | $19,845 | $573,400 | $573,400 | $0 |
| 2022 | $17,907 | $573,400 | $573,400 | $0 |
| 2021 | $17,907 | $573,400 | $573,400 | $0 |
| 2020 | $12,360 | $400,000 | $400,000 | $0 |
| 2019 | $11,768 | $400,000 | $400,000 | $0 |
| 2018 | $11,068 | $400,000 | $400,000 | $0 |
| 2017 | $10,636 | $400,000 | $400,000 | $0 |
| 2016 | $10,348 | $400,000 | $400,000 | $0 |
| 2015 | $16,119 | $625,000 | $164,600 | $460,400 |
| 2014 | $34,594 | $1,400,000 | $1,040,000 | $360,000 |
Source: Public Records
Map
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