NOT LISTED FOR SALE

550 Eric Ln Landing, NJ 07850

Estimated Value: $471,175 - $551,000

-- Bed
-- Bath
1,636 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 550 Eric Ln, Landing, NJ 07850 and is currently estimated at $524,044, approximately $320 per square foot. 550 Eric Ln is a home located in Morris County with nearby schools including Edith M. Decker Elementary School, Mt. Arlington Public School, and Elite Prepartory Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2003
Sold by
Hosler Edward
Bought by
Chan Victor and Chan Fanny
Current Estimated Value
$524,044

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
6.03%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Sapone John
Bought by
Hosler Edward and Lebron Myrlam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.2%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Feigenbaum Morton D and Feigenbaum Vera
Bought by
Sapone John F and Sapone Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1996
Sold by
Feigenbaum Morton D and Feigenbaum Morton
Bought by
Feigenbaum Morton D and Feigenbaum Vera

Purchase Details

Closed on
Jan 3, 1995
Sold by
Hanley Donald
Bought by
Morton Feigenbaum and Feigenbaum Vera
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Chan Victor $287,500 --
Hosler Edward $240,000 --
Sapone John F $140,000 --
Feigenbaum Morton D -- --
Morton Feigenbaum $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Victory Y $200,000
Closed Chan Victor $195,000
Previous Owner Chan Victor $230,000
Previous Owner Hosler Edward $192,000
Previous Owner Sapone John F $28,000
Previous Owner Sapone John F $138,000
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 $6,784 $347,000 $130,500 $216,500
2023 $6,784 $347,000 $130,500 $216,500
2022 $7,010 $256,200 $130,000 $126,200
2021 $7,010 $256,200 $130,000 $126,200
2020 $6,892 $256,200 $130,000 $126,200
2019 $6,751 $256,200 $130,000 $126,200
2018 $6,736 $256,200 $130,000 $126,200
2017 $6,659 $256,200 $130,000 $126,200
2016 $6,646 $256,200 $130,000 $126,200
2015 $6,531 $256,200 $130,000 $126,200
2014 $6,456 $256,200 $130,000 $126,200
Source: Public Records

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