Sold Sep 22, 2021
$710,000
Buyer
Seller
$497,000
by Home Point Financial Corporati
Mortgage Due Sep 01, 2051
Sold Dec 04, 2001
$354,900
Buyer
Seller
$266,150
by Murray Financial
Mortgage
Local assessors in Belle Mead, NJ have categorized 16 Reid Avenue as a residential type of property.
The home was built in 2001 and is 23 years old.
The property's lot size has been calculated to be 5,445 square feet.
If we look only at the heated or air conditioned part of the building, then 16 Reid Avenue has a total of 2,409 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. 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, 16 Reid Avenue was last sold in Aug 30, 2021 for $710,000. According to our calculations, that's $294.73 per sqft. Prior to that sales transaction, the property was sold for $354,900 in Oct 11, 2001. Current property owners are expected to pay $14,192 in taxes per year. The property on 16 Reid Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $414,600. To break that down further, the land itself was valued at $157,500. While improvements to the property were assessed at a total of $257,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
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. 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, 16 Reid Avenue was last sold in Aug 30, 2021 for $710,000. According to our calculations, that's $294.73 per sqft. Prior to that sales transaction, the property was sold for $354,900 in Oct 11, 2001. Current property owners are expected to pay $14,192 in taxes per year. The property on 16 Reid Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $414,600. To break that down further, the land itself was valued at $157,500. While improvements to the property were assessed at a total of $257,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
Building Features
Building Style
Colonial
This property description is generated based on publicly available data.