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1 Merrimac Road

1 Merrimac Road, Randolph, NJ 07869
Property in Morris
Sold Sep 21, 2004
$585,000
$465,500 by Countrywide Mortgage Ventures
Mortgage Due Sep 21, 2034
Sold Nov 03, 2003
$485,000
1 Merrimac Road in Randolph, NJ was first built in 1988 and is 36 years old. This has been categorized as a residential property type. There are a total of 2 floors. 1 Merrimac Road has 3,374 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,352 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 Merrimac Road sold most recently in Sep 10, 2004 for a total of $585,000. If you work out the math, that's approximately a cost of $173.38 per sqft. Before that, the property was also sold for $485,000 in Aug 29, 2003. 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 $16,728 in taxes each year. 1 Merrimac Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $606,100. If we break it down further, the land itself was valued at $174,000. Improvements to the property, however, were assessed at a total of $432,100. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,352
  • Total Building Area: 3,374
  • Building Area: 3,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,374
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.582
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH MAUREEN
  • Current Owner 2: REID CHARLOTTE
  • Previous Owner : AMIN SIRAJ
  • Owner Before Previous Owner: SHARIFF SAJJAD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Randolph Township School District
  • Census Tract: 046500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 6
  • Account Number: 01003511
  • District: 32
  • Parcel: 32 00042- 06-00063- 01
  • Block: 42.06
  • Lot: 63.01
  • Municipality: RANDOLPH TWP
  • Latitude: 40.8676
  • Longitude: -74.591

    Address

  • Full Address: 1 Merrimac Rd
  • Address - House Number: 1
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Randolph
  • Carrier Code: C022
  • 4-Digit Zip Code: 1221
  • Zip Code: 07869

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,728

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 875,389
  • High Value: 1,012,132
  • Low Value: 738,645

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $515,500
  • First Open Lien Mortgage Lender: COUNTRYWIDE MORTGAGE VENTURES
  • First Open Lien Mortgage Recording Date: Sep 21, 2004
  • First Open Lien Mortgage Loan Amount: $465,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 21, 2034
  • Second Open Lien Mortgage Lender: COUNTRYWIDE MORTGAGE VENTURES
  • Second Open Lien Mortgage Recording Date: Apr 03, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 03, 2036

    Market Valuation

  • Market Total Value: $689,063
  • Market Land Value: $197,817
  • Market Improvement Value: $491,246

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,100
  • Assessed Land Value: $174,000
  • Assessed Improvements Value: $432,100

    Sales

  • Current Sale Contract Date: Sep 10, 2004
  • Current Sale Recording Date: Sep 21, 2004
  • Current Sale Transaction ID: 11474805156
  • Current Sale Price: $585,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 03, 2003
  • Previous Sale Contract Date: Aug 29, 2003
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE MORTGAGE VENTURES
  • First Mortgage Transaction Date: Sep 21, 2004
  • First Mortgage Loan Amount: $465,500

About Morris



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Frequently Asked Questions

What neighborhood is 1 Merrimac Road located in?
The 1 Merrimac Road is a located in the neighborhood of Morris in Morris, Randolph.
What is the average sales price for listings in 1 Merrimac Road?
The average sales price for units in 1 Merrimac Road is $0 currently.

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