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126 Smith Road

126 Smith Road, Somerset, NJ 08873
Property in Somerset
Sold Aug 09, 2002
$195,000
$82,000 by Frances M Burns
Mortgage Due Jun 21, 2048
Local assessors in Somerset, NJ have categorized 126 Smith Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 24,444 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 1,940 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 126 Smith Road has a total of 1,252 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 126 Smith Road was last sold in Jul 26, 2002 for $195,000. According to our calculations, that's $155.75 per sqft. Current property owners are expected to pay $8,168 in taxes per year. The property on 126 Smith Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $423,000. To break that down further, the land itself was valued at $292,300. While improvements to the property were assessed at a total of $130,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1955
  • 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: 24,444
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 1,940
  • Total Building Area: 1,252
  • Building Area: 1,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.561
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURNS FRANCES
  • Previous Owner : CHESNER MARILYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054302

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 5401
  • District: 08
  • Parcel: 08 00075-0000-00003
  • Block: 75
  • Lot: 3
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4976
  • Longitude: -74.5402

    Address

  • Full Address: 126 Smith Rd
  • Address - House Number: 126
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R002
  • 4-Digit Zip Code: 2749
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,168

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 545,555
  • High Value: 620,486
  • Low Value: 470,624

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: FRANCES M BURNS
  • First Open Lien Mortgage Recording Date: Jun 21, 2018
  • First Open Lien Mortgage Loan Amount: $82,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 21, 2048
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: THE MONEY SOURCE INC
  • Second Open Lien Mortgage Recording Date: Oct 10, 2018
  • Second Open Lien Mortgage Loan Amount: $163,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2048

    Market Valuation

  • Market Total Value: $418,356
  • Market Land Value: $289,091
  • Market Improvement Value: $129,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $423,000
  • Assessed Land Value: $292,300
  • Assessed Improvements Value: $130,700

    Sales

  • Current Sale Contract Date: Jul 26, 2002
  • Current Sale Recording Date: Aug 09, 2002
  • Current Sale Transaction ID: 1192780421
  • Current Sale Price: $195,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUST COMPANY
  • First Mortgage Transaction Date: Aug 09, 2002
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360

About Middlebush



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Frequently Asked Questions

What neighborhood is 126 Smith Road located in?
The 126 Smith Road is a located in the neighborhood of Somerset in Middlebush, Somerset.
What is the average sales price for listings in 126 Smith Road?
The average sales price for units in 126 Smith Road is $0 currently.

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