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1432 Drum Hill Road

1432 Drum Hill Road, Martinsville, NJ 08836
Property in Somerset
Sold Jul 19, 2021
$730,000
$620,500 by Home Point Financial Corporati
Mortgage Due Jul 01, 2051
Sold Jul 31, 2002
$550,000
$495,000 by Weichert Financial
Mortgage
1432 Drum Hill Road has been categorized by the local assessors in Martinsville, NJ as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The building has a total of 2 stories. In addition, 1432 Drum Hill Road has 2,501 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 3,700 ft and across the front of the lot is 1,650 ft. The area measurement of the land has been determined as 61,050 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. The property was last sold in Jun 10, 2021 for $730,000. That's $291.88 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 2002 for $550,000. 1432 Drum Hill Road was last assessed in 2023. The total value of the property was assessed at $684,200. Specifically, the land the property is located on was valued at $284,000. While improvements on the property were assessed at a total of $400,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,575. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 61,050
  • Lot Size Depth Feet: 3,700
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 2,501
  • Building Area: 2,501
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,501
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.402
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOYD JOSHUA
  • Current Owner 2: BOYD ELIZABETH
  • Previous Owner : PORTER THOMAS R
  • Previous Owner 2: PORTER KERRY A
  • Owner Before Previous Owner: JENSEN MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050903

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 83
  • Account Number: S001
  • District: 06
  • Parcel: 06 00906-0000-00007- 03
  • Block: 906
  • Lot: 7.03
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.6182
  • Longitude: -74.581

    Address

  • Full Address: 1432 Drum Hill Rd
  • Address - House Number: 1432
  • Address - Street Name: Drum Hill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Martinsville
  • Carrier Code: R002
  • 4-Digit Zip Code: 2024
  • Zip Code: 08836

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,575

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 876,988
  • High Value: 1,000,848
  • Low Value: 753,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,500
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $620,500
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $705,870
  • Market Land Value: $292,995
  • Market Improvement Value: $412,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $684,200
  • Assessed Land Value: $284,000
  • Assessed Improvements Value: $400,200

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11843520796
  • Current Sale Price: $730,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021043592
  • Previous Sale Recording Date: Jul 31, 2002
  • Previous Sale Contract Date: Jul 26, 2002
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $620,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL
  • Previous Mortgage Transaction Date: Jul 31, 2002
  • Previous Mortgage Loan Amount: $495,000
  • Previous Mortgage Term: 360

About Martinsville



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Frequently Asked Questions

What neighborhood is 1432 Drum Hill Road located in?
The 1432 Drum Hill Road is a located in the neighborhood of Somerset in Martinsville, Martinsville.
What is the average sales price for listings in 1432 Drum Hill Road?
The average sales price for units in 1432 Drum Hill Road is $0 currently.

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