12 Miller Farm Road in Somerset, NJ was first built in 1987 and is 37 years old.
This has been categorized as a residential property type.
12 Miller Farm Road has 4,920 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 265,019 square feet.
Learn more about the property and building on this page. 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, 12 Miller Farm Road sold most recently in Jul 30, 1989 for a total of $410,000. If you work out the math, that's approximately a cost of $83.33 per sqft. 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 $13,355 in taxes each year. 12 Miller Farm Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $691,600. If we break it down further, the land itself was valued at $272,000. Improvements to the property, however, were assessed at a total of $419,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
Learn more about the property and building on this page. 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, 12 Miller Farm Road sold most recently in Jul 30, 1989 for a total of $410,000. If you work out the math, that's approximately a cost of $83.33 per sqft. 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 $13,355 in taxes each year. 12 Miller Farm Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $691,600. If we break it down further, the land itself was valued at $272,000. Improvements to the property, however, were assessed at a total of $419,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
12 Miller Farm Road, Somerset, NJ 08873
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