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1 Mary Court

1 Mary Court, Cranbury, NJ 08512
Property in Mercer
Sold Sep 26, 2014
Transfer
$332,500 by Stearns Lending Llc
Mortgage Due Oct 01, 2040
Sold Oct 05, 1998
$229,900
$183,900 by Millennium Mortgage Corp
Mortgage
1 Mary Court has been categorized by the local assessors in Cranbury, NJ as a residential type of property. The building on the property was first built in 1998 and is 26 years old. In addition, 1 Mary Court has 2,425 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,580 ft and across the front of the lot is 1,890 ft. The area measurement of the land has been determined as 29,874 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $229,900 in Sep 30, 1998. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,753 in taxes each year. 1 Mary Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $430,000. If we break it down further, the land itself was valued at $157,800. Improvements to the property, however, were assessed at a total of $272,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,874
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 1,890
  • Total Building Area: 2,425
  • Building Area: 2,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.686
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: CRANBURY EST 97 S/D

Ownership

  • Current Owner : PANNU HARJOT S
  • Current Owner 2: PANNU BALJINDER
  • Owner Before Previous Owner: WILBERT BROTHERS DEVELOPER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Windsor Regional School District
  • Census Tract: 004406

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 1103
  • District: 01
  • Parcel: 01 00007- 01-00032- 02
  • Block: 7.01
  • Lot: 32.02
  • Municipality: EAST WINDSOR TWP
  • Latitude: 40.2903
  • Longitude: -74.527

    Address

  • Full Address: 1 Mary Ct
  • Address - House Number: 1
  • Address - Street Name: Mary
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: East Windsor
  • Carrier Code: C002
  • 4-Digit Zip Code: 3052
  • Zip Code: 08512

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,753

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 80
  • Final Value: 697,148
  • High Value: 808,095
  • Low Value: 586,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,500
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Oct 16, 2020
  • First Open Lien Mortgage Loan Amount: $332,500
  • 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: Oct 01, 2040

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $157,800
  • Market Improvement Value: $272,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $430,000
  • Assessed Land Value: $157,800
  • Assessed Improvements Value: $272,200

    Sales

  • Current Sale Contract Date: Sep 26, 2014
  • Current Sale Recording Date: Sep 26, 2014
  • Current Sale Transaction ID: 11551908274
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 05, 1998
  • Previous Sale Contract Date: Sep 30, 1998
  • Previous Sale Amount: $229,900
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: MILLENNIUM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 05, 1998
  • Previous Mortgage Loan Amount: $183,900
  • Previous Mortgage Term: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 1 Mary Court located in?
The 1 Mary Court is a located in the neighborhood of Mercer in Mercer, Cranbury.
What is the average sales price for listings in 1 Mary Court?
The average sales price for units in 1 Mary Court is $0 currently.

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