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1 Bennet Road

1 Bennet Road, Hillsborough, NJ 08844
Property in Somerset
Sold Jul 19, 2002
$369,000
$272,000 by Green Tree Servicing Llc
Mortgage Due May 01, 2035
Sold Sep 03, 1998
$228,000
$205,200 by Source One Mtg
Mortgage
Local assessors in Hillsborough, NJ have categorized 1 Bennet Road as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 13,342 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 1,100 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 Bennet Road has a total of 2,153 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1 Bennet Road sold most recently in Jun 27, 2002 for a total of $369,000. If you work out the math, that's approximately a cost of $171.39 per sqft. Before that, the property was also sold for $228,000 in Aug 31, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,396 in taxes each year. 1 Bennet Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $529,300. If we break it down further, the land itself was valued at $274,300. Improvements to the property, however, were assessed at a total of $255,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,342
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,153
  • Building Area: 2,153
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,153
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.306
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OLSEN ROBERT
  • Current Owner 2: OLSEN KATHLEEN
  • Previous Owner : HALL JAMES
  • Owner Before Previous Owner: KHALIQUE ABDUL
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053706

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 42
  • District: 10
  • Parcel: 10 00150- 03-00035
  • Block: 150.03
  • Lot: 35
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.5141
  • Longitude: -74.6706

    Address

  • Full Address: 1 Bennet Rd
  • Address - House Number: 1
  • Address - Street Name: Bennet
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: C058
  • 4-Digit Zip Code: 4381
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,396

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 680,129
  • High Value: 773,543
  • Low Value: 586,714

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $322,000
  • First Open Lien Mortgage Lender: GREEN TREE SERVICING LLC
  • First Open Lien Mortgage Recording Date: Apr 21, 2015
  • First Open Lien Mortgage Loan Amount: $272,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Mar 28, 2008
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Feb 25, 2033

    Market Valuation

  • Market Total Value: $541,539
  • Market Land Value: $280,643
  • Market Improvement Value: $260,896

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,300
  • Assessed Land Value: $274,300
  • Assessed Improvements Value: $255,000

    Sales

  • Current Sale Contract Date: Jun 27, 2002
  • Current Sale Recording Date: Jul 19, 2002
  • Current Sale Transaction ID: 1192789590
  • Current Sale Price: $369,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 03, 1998
  • Previous Sale Contract Date: Aug 31, 1998
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG
  • First Mortgage Transaction Date: Jul 19, 2002
  • First Mortgage Loan Amount: $295,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: SOURCE ONE MTG
  • Previous Mortgage Transaction Date: Sep 03, 1998
  • Previous Mortgage Loan Amount: $205,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Somerset



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Frequently Asked Questions

What neighborhood is 1 Bennet Road located in?
The 1 Bennet Road is a located in the neighborhood of Somerset in Somerset, Hillsborough.
What is the average sales price for listings in 1 Bennet Road?
The average sales price for units in 1 Bennet Road is $0 currently.

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