NOT LISTED FOR SALE

31 Lancaster Way Jackson, NJ 08527

Estimated Value: $827,000 - $1,057,000

4 Beds
4 Baths
2,463 Sq Ft
$398/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $839,000 $341 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,186/month

127 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Deck
  • 2 Car Direct Access Garage
  • Fenced

About This Home

As of February 2024

Your new home awaits! This beautiful home sits on one of the largest most private lots in Jacksons coveted development Hampshire HIlls - over 1.4 acres of luscious land! Beautiful Berkshire model features 4 Bedrooms 2 Full Baths 2 Half baths, fully finished basement, hardwood floors, cozy family room with fireplace. This house is a must see!

Last Agent to Sell the Property

Danielle Arena

C21/ Action Plus Realty License #0999926 Listed on: 08/09/2023

Last Buyer's Agent

Esther Goodman

Good Choice Realty License #1007419

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,476

Year Built

  • Built in 1999

Lot Details

  • 1.46 Acre Lot
  • Fenced

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,463 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • Howard C. Johnson Elementary School
  • Carl W. Goetz Middle School
  • Jackson Memorial High School

Utilities

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

Community Details

  • Hampshire Hills Subdivision

Listing and Financial Details

  • Exclusions: Personal Belongings
  • Assessor Parcel Number 12-05304-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,476

Year Built

Built in 1999

Lot Details

1.46 Acres

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Hampshire Hills
  • Architectural Style: Colonial
  • Year Built: 1999
  • Contract Info List PriceSqFt: 344.7
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 1.46
  • Location Middle School: Carl W. Goetz
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement Finished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.46
  • Waterfront: No
  • Exclusions: Personal Belongings
  • Exterior Features: Deck, Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 277.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Carl W. Goetz

Lot Info

  • Lot Size Sq Ft: 63597.6
  • Parcel #: 12-05304-0000-00003
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10476.0

MLS Schools

  • Elementary School: Howard C. Johnson
  • High School: Jackson Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Feb 20, 2024
Sold by
Pellegrini Christopher and Pellegrini Laurel
Bought by
Castro-Leon Ariel M and Castro-Leon Naomi
Seller's Agent
Danielle Arena
C21/ Action Plus Realty
Buyer's Agent
Esther Goodman
Good Choice Realty
List Price
$999,999
Sold Price
$839,000
Premium/Discount to List
-$160,999
-16.1%
Views
44
Current Estimated Value
$980,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,691
Avg. Annual Appreciation
7.75%
Original Mortgage
$671,200
Outstanding Balance
$659,449
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$321,242

Purchase Details

Closed on
Oct 9, 2007
Sold by
Schwartz Norman A and Schwartz Judith A
Bought by
Pelligrini Christopher and Bastone Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1999
Sold by
K Land #11 Llc
Bought by
Schwartz Norman A and Schwartz Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,300
Interest Rate
10.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castro-Leon Ariel M $839,000 Madison Title
Castro-Leon Ariel M $839,000 Madison Title
Pelligrini Christopher $515,000 Red Bank Title Agency Inc
Schwartz Norman A $251,510 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro-Leon Ariel M $671,200
Closed Castro-Leon Ariel M $671,200
Previous Owner Pelligrini Christopher $395,000
Previous Owner Schwartz Norman A $226,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $839,000 -1.2% $341 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $849,000 -5.1% $345 / Sq Ft
10/18/2023 10/18/23 Price Changed $895,000 -4.7% $363 / Sq Ft
09/21/2023 09/21/23 Price Changed $939,000 -6.1% $381 / Sq Ft
08/09/2023 08/09/23 For Sale $999,999 -- $406 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $11,072 $1,030,000 $460,100 $569,900
2024 $10,443 $417,200 $106,900 $310,300
2023 $10,226 $417,200 $106,900 $310,300
2022 $10,476 $417,200 $106,900 $310,300
2021 $10,092 $417,200 $106,900 $310,300
2020 $10,196 $417,200 $106,900 $310,300
2019 $10,059 $417,200 $106,900 $310,300
2018 $9,817 $417,200 $106,900 $310,300
2017 $9,579 $417,200 $106,900 $310,300
2016 $9,187 $417,200 $106,900 $310,300
2015 $9,024 $417,200 $106,900 $310,300
2014 $8,782 $417,200 $106,900 $310,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22321486

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-05304-0000-00003

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