NOT LISTED FOR SALE

232 Federal Point Blvd Lawrence Township, NJ 08648

Estimated Value: $142,000 - $179,000

1 Bed
1 Bath
808 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $99,614 $123 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,238/month

Highlights

  • Active Adult
  • Living Room
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Ramp on the main level
  • Dining Room

About This Home

As of November 2020

This is a designated "Affordable" home. Applicants must qualify under the NJCOAH maximum income limits in Lawrence Township for 2020. A completed application together with pre-qualification for financing or other proof of funds must be submitted and approved by the municipality's Affordable Housing Administrator, Piazza and Assoc. The listing Realtor can provide the necessary application. The home includes a large living room and dining room combo. Kitchen with gas range and dishwasher. One full bathroom, and one bedroom. The home has been freshly painted and has new laminate flooring throughout most of the unit. Refrigerator, washer, and dryer and not included. The home has some accessible features. The property is presently tax exempt. However it will be put on the municipal tax roll upon transfer of title. The municipal assessor estimates the annual tax bill to be approximately $2,700.00.

Last Agent to Sell the Property

David Depaola

(609) 731-0581 david@depaola.com David DePaola and Company Real Estate License #RM425333 Listed on: 03/17/2020

Last Buyer's Agent

Allison Ruszczyk

(609) 712-7043 arrealestatenj@gmail.com David DePaola and Company Real Estate License #1865575

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 2003

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 808 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Ramp on the main level

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Active Adult
  • $534 Capital Contribution Fee
  • Active Adult | Residents must be 55 or older
  • Traditions At Federal Point HOA, Phone Number (732) 390-1100
  • Traditions At Fede Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 00083
  • Assessor Parcel Number 07-02701-00083-C232

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,825

Year Built

Built in 2003

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-03-31
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: This is a designated "Affordable" home. Applicants must qualify under the NJCOAH maximum income limits in Lawrence Township for 2020. A completed application together with pre-qualification for financing or other proof of funds must be submitted and approved by the municipality's Affordable Housing Administrator, Piazza and Assoc. The listing Realtor can provide the necessary application. The home includes a large living room and dining room combo. Kitchen with gas range and dishwasher. One full bathroom, and one bedroom. The home has been freshly painted and has new laminate flooring throughout most of the unit. Refrigerator, washer, and dryer and not included. The home has some accessible features. The property is presently tax exempt. However it will be put on the municipal tax roll upon transfer of title. The municipal assessor estimates the annual tax bill to be approximately $2,700.00.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Dishwasher
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 1
  • Basement: No
  • Total Sq Ft: 808
  • Living Area Sq Ft: 808
  • Price Per Sq Ft: 123.28
  • Above Grade Finished Sq Ft: 808
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 232

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 178.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: TRADITIONS AT FEDERAL POINT
  • HOA Phone: 732-390-1100
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 534.00

Schools

  • School District: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397290
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: R-1

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2130208
  • Assessor Parcel Number: 07-02701-00083-C232
  • Tax Lot: 00083
  • Tax Total Finished Sq Ft: 808
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/20/2020

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Nov 20, 2020
Sold by
Township Of Lawrence
Bought by
Crites Lisa
Seller's Agent
David Depaola
David DePaola and Company Real Estate
Buyer's Agent
Allison Ruszczyk
David DePaola and Company Real Estate
List Price
$99,613
Sold Price
$99,614
Premium/Discount to List
$1
0.001%
Current Estimated Value
$157,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,637
Avg. Annual Appreciation
9.81%
Original Mortgage
$89,652
Outstanding Balance
$79,778
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$77,473

Purchase Details

Closed on
Jun 4, 2018
Sold by
Doe John and The Barbara L Williams Revocab
Bought by
Township Of Lawrence

Purchase Details

Closed on
May 14, 2008
Sold by
Williams Barbara L
Bought by
Barbara L Williams Trs

Purchase Details

Closed on
Nov 21, 2003
Sold by
Pulte Homes
Bought by
Williams Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,203
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Crites Lisa $99,613 First American Title Ins Co
Township Of Lawrence $47,100 None Available
Barbara L Williams Trs -- --
Williams Barbara $66,631 --
-- $66,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crites Lisa $89,652
Previous Owner -- $40,203
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $99,614 0.0% $123 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $99,613 -- $123 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $2,825 $91,200 $15,000 $76,200
2024 $2,769 $91,200 $15,000 $76,200
2023 $2,769 $91,200 $15,000 $76,200
2022 $2,719 $91,200 $15,000 $76,200
2021 $2,684 $91,200 $15,000 $76,200
2020 $1,865 $66,600 $15,000 $51,600
2019 $1,865 $66,600 $15,000 $51,600
2018 $1,865 $66,600 $15,000 $51,600
2017 $1,856 $66,600 $15,000 $51,600
2016 $1,829 $66,600 $15,000 $51,600
2015 $1,778 $66,600 $15,000 $51,600
2014 $1,745 $66,600 $15,000 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME293452

Bright MLS

APN: 07-02701-0000-00083-0000-C232