$260,000
SOLD MAR 7, 2017

78 Homestead Ln Lincoln Park, NJ 07035

2 Beds
2 Baths
1,404 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

7% Below List Price

38 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Cathedral Ceiling
  • Lincoln Park Middle School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2020

Cathedral ceiling in Living Room with f/p. This is one of the 8 units in entire development with a very large lot. Very spacious and bright 2nd floor loft, Modern interior decor, and sun deck that over look the beautiful landscaped ground. easy access to public transportation school and shopping. Home motivated seller must sale!

Last Agent to Sell the Property

DANIEL CHOU

NEW CENTURIA ASSOCIATES INC Listed on: 08/25/2016

Last Buyer's Agent

SUSAN SANTOS MURPHY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,008

Year Built

  • Built in 1985

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Thermal Windows
  • Shades
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Family or Dining Combination
  • Loft
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paver Block
  • Parking Lot

Outdoor Features

  • Deck

Schools

  • Lincoln Pk Elementary School
  • Boonton Middle School
  • Boonton High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2316-00046-0008-00056-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Amenities

  • Community Storage Space

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,008

Year Built

Built in 1985

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Style: Contemporary, Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Contemporary
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1985
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 78
  • Directions: 202 to Homestead Ln
  • I D: 4652551
  • Modified: 2021-09-23
  • Number Images: 12
  • Section Subdiv Development: Hilltop Farm
  • First Name: DANIEL
  • First Name3: SUSAN
  • Last Name: CHOU
  • Last Name3: SANTOS MURPHY
  • Office Phone: 9738842234
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Fireplace Equipment, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, OvnWGas, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Blinds, Shades, Carbon Monoxide Detector, High Ceilings, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Third
  • Kitchen Area: Breakfast Bar, Pantry, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Dim: 16x14
  • Living Room Level: First
  • Other Room 1: Utility Room
  • Other Room1 Level: First
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Laundry Room, Foyer, Bath Main, LivDinRm
  • Level 2 Rooms: Loft
  • Phone: 973-884-2233

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck, Thermal Windows/Doors, Storm Door(s), Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared, Lighting, Paver Block, Blacktop, Driveway-Shared, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Storage
  • Association Maintenance Fee: 245
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: Lincoln PK
  • Middle School: Boonton
  • High School: Boonton
  • High School: Boonton
  • Middle Jr High School: Boonton

Lot Info

  • Lot Size: 0.1262 AC
  • Assessed Improvement Value: 134400
  • Assessed Land Value: 140000
  • Assessment: 274400
  • Lot Description: Irregular Lot, Wooded Lot, Level Lot
  • Lot Identifier: 56
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.13
  • Zoning: res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7008
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2316-00046-0008-00056-0000-
  • Tax Rate Amount: 2.554
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: Lincoln PK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Jun 2, 2020
Sold by
Mancini Robert Renato
Bought by
Wills James Rudolph and Wills Ashley Gisell
Seller's Agent
LOUIS FARINA
SIGNATURE HOMES & ESTATES INC
Buyer's Agent
ELIZABETH NOVELLO
PROMINENT PROPERTIES SIR
List Price
$342,500
Sold Price
$327,500
Premium/Discount to List
-$15,000
-4.38%
Current Estimated Value
$458,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,746
Avg. Annual Appreciation
6.66%
Original Mortgage
$308,750
Outstanding Balance
$274,287
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$183,959

Purchase Details

Listed on
Aug 25, 2016
Closed on
Feb 14, 2017
Sold by
Wu Ling
Bought by
Mancini Robert Renato
Seller's Agent
DANIEL CHOU
NEW CENTURIA ASSOCIATES INC
Buyer's Agent
SUSAN SANTOS MURPHY
COLDWELL BANKER REALTY
List Price
$280,000
Sold Price
$260,000
Premium/Discount to List
-$20,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$250,000
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
Jul 8, 2005
Sold by
Elsner Margaret
Bought by
Wu Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.67%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Elsner Robert C and Elsner Margaret
Bought by
Elsner Margaret
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 Type Sale Price Title Company
Deed $327,500 Two Rivers Title Company Llc
Deed $260,000 None Available
Deed $345,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Open $308,750 New Conventional
Previous Owner $250,000 VA
Previous Owner $245,000 No Value Available
Previous Owner $158,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $327,500 -4.4% $233 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
04/11/2020 04/11/20 For Sale $342,500 +31.7% $244 / Sq Ft
03/07/2017 03/07/17 Sold $260,000 -7.1% $185 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $280,000 -- $199 / Sq Ft
Source: Garden State 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 $8,159 $390,500 $165,000 $225,500
2024 $8,355 $378,100 $155,000 $223,100
2023 $8,355 $274,400 $140,000 $134,400
2022 $7,897 $274,400 $140,000 $134,400
2021 $7,897 $274,400 $140,000 $134,400
2020 $0 $274,400 $140,000 $134,400
2019 $7,379 $274,400 $140,000 $134,400
2018 $7,200 $274,400 $140,000 $134,400
2017 $7,198 $274,400 $140,000 $134,400
2016 $7,107 $274,400 $140,000 $134,400
2015 $7,008 $274,400 $140,000 $134,400
2014 $6,857 $274,400 $140,000 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3331535

Garden State MLS

APN: 16-00046-8-00056