NOT LISTED FOR SALE

242 Drake Ln Ledgewood, NJ 07852

Estimated Value: $358,768 - $404,000

2 Beds
-- Bath
1,213 Sq Ft
$319/Sq Ft Est. Value

About This Home

This home is located at 242 Drake Ln, Ledgewood, NJ 07852 and is currently estimated at $387,442, approximately $319 per square foot. 242 Drake Ln is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2016
Sold by
Madonia Laura L
Bought by
Ghosh Amrita
Current Estimated Value
$387,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Outstanding Balance
$154,920
Interest Rate
3.46%
Estimated Equity
$232,522

Purchase Details

Closed on
Oct 24, 1994
Sold by
Franklin Estates Inc
Bought by
Williamrueppel and Potuto Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.71%

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Ghosh Amrita $239,000 --
Williamrueppel $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghosh Amrita $191,200
Closed Ghosh Amrita --
Previous Owner Williamrueppel $86,000
Source: Public Records

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
2024 $5,550 $205,100 $90,000 $115,100
2023 $5,550 $205,100 $90,000 $115,100
2022 $5,261 $205,100 $90,000 $115,100
2021 $5,261 $205,100 $90,000 $115,100
2020 $5,392 $205,100 $90,000 $115,100
2019 $5,292 $205,100 $90,000 $115,100
2018 $5,448 $126,400 $64,500 $61,900
2017 $5,419 $126,400 $64,500 $61,900
2016 $5,313 $126,400 $64,500 $61,900
2015 $5,181 $126,400 $64,500 $61,900
2014 $5,099 $126,400 $64,500 $61,900
Source: Public Records

Map

New Jersey Morris County Ledgewood 07852

242 Drake Ln, Ledgewood, NJ

Homes for Sale in Ledgewood, NJ

This home is located at 242 Drake Ln, Ledgewood, NJ 07852 and is currently estimated at $387,442, approximately $319 per square foot. 242 Drake Ln is a home located in Morris County with nearby schools including Eisenhower Middle School, Lincoln Roosevelt Elementary School, and Roxbury High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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