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1 Schmidt Circle

1 Schmidt Circle, Watchung, NJ 07069
Property in Somerset
Local assessors in Watchung, NJ have categorized 1 Schmidt Circle as a residential type of property. The property's lot size has been calculated to be 5,663 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

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. The property was last sold in Jan 14, 2018 for $499,000. Prior to that sales transaction, the property was also sold in Dec 27, 2013 for $1,200,000. 1 Schmidt Circle was last assessed in 2023. The total value of the property was assessed at $505,500. Specifically, the land the property is located on was valued at $139,300. While improvements on the property were assessed at a total of $366,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,317. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200110
01/10/2020
Loft
-
1939 ft²
$589,000
bedrooms
Loft
bathrooms
-
square feet
1939 ft²
-
-
-
-

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA DOMENICO
  • Land Acres: 0.13
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: BLDG F

Ownership

  • Current Owner : GULDIN THOMAS S
  • Current Owner 2: GULDIN SUSAN J
  • Previous Owner : G & J DEVELOPMENT LLC
  • Owner Before Previous Owner: AB REALTY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Borough School District
  • Census Tract: 052300

Zoning

  • Zoning: RMVI

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 21
  • Parcel: 21 04001-0000-00004-0000-C0001
  • Block: 4001
  • Lot: 4
  • Municipality: WATCHUNG BORO
  • Latitude: 40.6385
  • Longitude: -74.4534

    Address

  • Full Address: 1 Schmidt Cir
  • Address - House Number: 1
  • Address - Street Name: Schmidt
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C079
  • 4-Digit Zip Code: 5950
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,317

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 669,645
  • High Value: 766,233
  • Low Value: 573,057

    Market Valuation

  • Market Total Value: $504,945
  • Market Land Value: $139,147
  • Market Improvement Value: $365,798

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,500
  • Assessed Land Value: $139,300
  • Assessed Improvements Value: $366,200

    Sales

  • Current Sale Contract Date: Jan 14, 2018
  • Current Sale Recording Date: Jan 23, 2018
  • Current Sale Transaction ID: 11374049131
  • Current Sale Price: $499,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018002801
  • Previous Sale Recording Date: Jan 03, 2014
  • Previous Sale Contract Date: Dec 27, 2013
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 23, 2018
  • First Mortgage Loan Amount: $349,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: AMBOY BANK
  • Previous Mortgage Transaction Date: Jan 03, 2014
  • Previous Mortgage Loan Amount: $3,877,770
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Watchung



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Frequently Asked Questions

What neighborhood is 1 Schmidt Circle located in?
The 1 Schmidt Circle is a other located in the neighborhood of Somerset in Watchung, Watchung.
What is the average sales price for listings in 1 Schmidt Circle?
The average sales price for units in 1 Schmidt Circle is $0 currently.

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