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12 Cardinal Lane

12 Cardinal Lane, Hillsborough, NJ 08844
Property in Somerset
Sold Jun 03, 2008
$363,000
Sold Aug 22, 2005
$390,500
$273,350 by Ahm Mtg
Mortgage
12 Cardinal Lane has been categorized by the local assessors in Hillsborough, NJ as a residential type of property. The building on the property was first built in 1958 and is 66 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12 Cardinal Lane has 1,459 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 2,180 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 21,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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. Based on our sources, 12 Cardinal Lane was last sold in May 30, 2008 for $363,000. According to our calculations, that's $248.80 per sqft. Prior to that sales transaction, the property was sold for $390,500 in Aug 15, 2005. Current property owners are expected to pay $9,066 in taxes per year. The property on 12 Cardinal Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $421,100. To break that down further, the land itself was valued at $290,000. While improvements to the property were assessed at a total of $131,100. 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. 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.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: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,459
  • Building Area: 1,459
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BAEZ MARY LOU
  • Previous Owner : LANICCA SUZANNE
  • Previous Owner 2: MINTER SUZANNE
  • Owner Before Previous Owner: LLOYD RAMONA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053804

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 55
  • District: 10
  • Parcel: 10 00156-0000-00023
  • Block: 156
  • Lot: 23
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.5119
  • Longitude: -74.6444

    Address

  • Full Address: 12 Crestwood Ave
  • Address - House Number: 12
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: C060
  • 4-Digit Zip Code: 4864
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,066

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 467,889
  • High Value: 546,582
  • Low Value: 389,196

    Market Valuation

  • Market Total Value: $430,837
  • Market Land Value: $296,706
  • Market Improvement Value: $134,131

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,100
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $131,100

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2008
  • Current Sale Recording Date: Jun 03, 2008
  • Current Sale Transaction ID: 1101818948
  • Current Sale Price: $363,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2008026509
  • Previous Sale Recording Date: Aug 22, 2005
  • Previous Sale Contract Date: Aug 15, 2005
  • Previous Sale Amount: $390,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCE BANK NA
  • First Mortgage Transaction Date: Jun 03, 2008
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: AHM MTG
  • Previous Mortgage Transaction Date: Aug 22, 2005
  • Previous Mortgage Loan Amount: $273,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Somerset



Similar Buildings

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Nearby Rentals

Unit for rent at 649 Route 206, Hillsborough Twp., NJ, 08844

$2,500 /mo

  • 1 Bed
  • 1 Bath
649 Route 206 #303, Hillsborough Twp., NJ, 08844 Listing by DOUGLAS KLEIN

Frequently Asked Questions

What neighborhood is 12 Cardinal Lane located in?
The 12 Cardinal Lane is a located in the neighborhood of Somerset in Somerset, Hillsborough.
What is the average sales price for listings in 12 Cardinal Lane?
The average sales price for units in 12 Cardinal Lane is $0 currently.

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