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112 Salem Road

112 Salem Road, North Brunswick, NJ 08902
Property in Middlesex
Sold May 23, 2013
$236,000
$177,000 by Princeton Mortgage Corp
Mortgage Due Jun 01, 2043
Sold Oct 13, 1999
$138,000
$110,000 by Sovereign Bk
Mortgage
Local assessors in North Brunswick, NJ have categorized 112 Salem Road as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 4,269 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 112 Salem Road has a total of 1,326 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. 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, 112 Salem Road sold most recently in May 10, 2013 for a total of $236,000. If you work out the math, that's approximately a cost of $177.98 per sqft. Before that, the property was also sold for $138,000 in Sep 27, 1999. 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 $8,252 in taxes each year. 112 Salem Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $137,300. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $97,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,269
  • Total Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RENAISSANCE WALK
  • Land Acres: 0.098
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : KUMAR VINEET
  • Current Owner 2: BANSAL IRA
  • Previous Owner : OBRIEN ELENA
  • Previous Owner 2: RICE KEITH
  • Owner Before Previous Owner: DOUGLAS MARGARET
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: North Brunswick Township School District
  • Census Tract: 006208

Zoning

  • Zoning: PUD2

Geography

  • Assessors Map Reference: TAX MAP 56
  • District: 14
  • Parcel: 14 00148- 02-00046- 112
  • Block: 148.02
  • Lot: 46.112
  • Municipality: NORTH BRUNSWICK TWP
  • Latitude: 40.4368
  • Longitude: -74.4893

    Address

  • Full Address: 112 Salem Rd
  • Address - House Number: 112
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: North Brunswick
  • Carrier Code: R003
  • 4-Digit Zip Code: 4566
  • Zip Code: 08902

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,252

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 413,748
  • High Value: 486,279
  • Low Value: 341,217

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,000
  • First Open Lien Mortgage Lender: PRINCETON MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 23, 2013
  • First Open Lien Mortgage Loan Amount: $177,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $137,300
  • Market Land Value: $40,000
  • Market Improvement Value: $97,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,300
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $97,300

    Sales

  • Current Sale Contract Date: May 10, 2013
  • Current Sale Recording Date: May 23, 2013
  • Current Sale Transaction ID: 1130631186
  • Current Sale Price: $236,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201305230010
  • Previous Sale Recording Date: Oct 13, 1999
  • Previous Sale Contract Date: Sep 27, 1999
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON MORTGAGE CORP
  • First Mortgage Transaction Date: May 23, 2013
  • First Mortgage Loan Amount: $177,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN BK
  • Previous Mortgage Transaction Date: Oct 13, 1999
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 112 Salem Road located in?
The 112 Salem Road is a located in the neighborhood of Middlesex in Middlesex, North Brunswick.
What is the average sales price for listings in 112 Salem Road?
The average sales price for units in 112 Salem Road is $0 currently.

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