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1003 Arnold Avenue

1003 Arnold Avenue, Raritan, NJ 08869
Property in Somerset
Refi Nov 03, 2021
Transfer
$255,000 by Tfs Mortgage Corp Inc
Mortgage Due Nov 01, 2051
1003 Arnold Avenue has been categorized by the local assessors in Raritan, NJ as a residential type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1003 Arnold Avenue has 1,650 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 1,080 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,560 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $8,530 in taxes per year. The property on 1003 Arnold Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,600. To break that down further, the land itself was valued at $158,500. While improvements to the property were assessed at a total of $141,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,650
  • Building Area: 1,650
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,650
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050600

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 6
  • District: 16
  • Parcel: 16 00065-0000-00015
  • Block: 65
  • Lot: 15
  • Municipality: RARITAN BORO
  • Latitude: 40.5669
  • Longitude: -74.6449

    Address

  • Full Address: 1003 Arnold Ave
  • Address - House Number: 1003
  • Address - Street Name: Arnold
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Raritan
  • Carrier Code: C001
  • 4-Digit Zip Code: 1601
  • Zip Code: 08869

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,530

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 498,437
  • High Value: 566,897
  • Low Value: 429,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: TFS MORTGAGE CORP INC
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $255,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $397,190
  • Market Land Value: $210,129
  • Market Improvement Value: $187,061

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,600
  • Assessed Land Value: $158,500
  • Assessed Improvements Value: $141,100

About Raritan



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Frequently Asked Questions

What neighborhood is 1003 Arnold Avenue located in?
The 1003 Arnold Avenue is a located in the neighborhood of Somerset in Raritan, Raritan.
What is the average sales price for listings in 1003 Arnold Avenue?
The average sales price for units in 1003 Arnold Avenue is $0 currently.

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