242 Drake Ln Ledgewood, NJ 07852
Estimated Value: $384,119 - $402,000
2
Beds
--
Bath
1,213
Sq Ft
$326/Sq Ft
Est. Value
About This Home
This home is located at 242 Drake Ln, Ledgewood, NJ 07852 and is currently estimated at $396,030, approximately $326 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
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
$153,283
Interest Rate
3.46%
Estimated Equity
$242,747
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%
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Home Values in the Area
Average Home Value in this Area
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
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 | $5,638 | $205,100 | $90,000 | $115,100 |
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
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