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125 Miller Lane

125 Miller Lane, Bridgewater, NJ 08807
Property in Somerset
125 Miller Lane has been categorized by the local assessors in Bridgewater, NJ as a residential type of property. The building on the property was first built in 1980 and is 44 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 125 Miller Lane has 3,419 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 273,557 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. 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, 125 Miller Lane sold most recently in Jul 8, 2021 for a total of $805,000. If you work out the math, that's approximately a cost of $235.45 per sqft. Before that, the property was also sold for $150,000 in Sep 13, 1994. 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 $19,729 in taxes each year. 125 Miller Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $993,900. If we break it down further, the land itself was valued at $369,900. Improvements to the property, however, were assessed at a total of $624,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200908
09/08/2020
Loft
4 Bath
-
$995,000
bedrooms
Loft
bathrooms
4 Bath
$805,000 -19.10%
07/09/2021
Jack de Cavagnal

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 273,557
  • Total Building Area: 3,419
  • Building Area: 3,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 6.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CORBITT JONATHAN P
  • Current Owner 2: CORBITT NORA C
  • Previous Owner : DEUTSCH JACOB M
  • Previous Owner 2: DEUTSCH SUSAN M
  • Owner Before Previous Owner: RARITAN SAV BK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050902

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 61
  • Account Number: S001
  • District: 06
  • Parcel: 06 00718-0000-00151
  • Block: 718
  • Lot: 151
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5958
  • Longitude: -74.5965

    Address

  • Full Address: 125 Miller Ln
  • Address - House Number: 125
  • Address - Street Name: Miller
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C039
  • 4-Digit Zip Code: 2217
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,729

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,135,228
  • High Value: 1,290,173
  • Low Value: 980,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $764,750
  • First Open Lien Mortgage Lender: ALLY CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jul 09, 2021
  • First Open Lien Mortgage Loan Amount: $764,750
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,025,380
  • Market Land Value: $381,616
  • Market Improvement Value: $643,764

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $993,900
  • Assessed Land Value: $369,900
  • Assessed Improvements Value: $624,000

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Transaction ID: 11842398367
  • Current Sale Price: $805,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021042078
  • Previous Sale Recording Date: Oct 05, 1994
  • Previous Sale Contract Date: Sep 13, 1994
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLY CAPITAL CORP
  • First Mortgage Transaction Date: Jul 09, 2021
  • First Mortgage Loan Amount: $764,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RARITAN SAVINGS
  • Previous Mortgage Transaction Date: Oct 05, 1994
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360

About Green Knoll



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Frequently Asked Questions

What neighborhood is 125 Miller Lane located in?
The 125 Miller Lane is a other located in the neighborhood of Somerset in Green Knoll, Bridgewater.
What is the average sales price for listings in 125 Miller Lane?
The average sales price for units in 125 Miller Lane is $940,000 currently.

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