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16 Terrell Court

16 Terrell Court, Warren, NJ 07059
Property in Somerset
Sold Jun 07, 1996
$43,873
Buyer
Seller
Sold Sep 11, 1992
$37,900
Local assessors in Warren, NJ have categorized 16 Terrell Court as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 459 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 16 Terrell Court has a total of 672 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. 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, 16 Terrell Court sold most recently in Apr 22, 1996 for a total of $43,873. If you work out the math, that's approximately a cost of $65.29 per sqft. Before that, the property was also sold for $37,900 in Sep 8, 1992. 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 $1,624 in taxes each year. 16 Terrell Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $83,800. If we break it down further, the land itself was valued at $55,600. Improvements to the property, however, were assessed at a total of $28,200. The property's total assessed value has been marked as more than the total market value 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!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.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 459
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.01
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: MODEL A - 1 BR.

Ownership

  • Current Owner : JOYCE JOHN
  • Previous Owner : COHEN DOUGLAS
  • Owner Before Previous Owner: MOREL & SEGAL INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Hills Regional School District
  • Census Tract: 052201

Zoning

  • Zoning: R-AH

Geography

  • Assessors Map Reference: TAX MAP 102
  • Account Number: 00048960
  • District: 20
  • Parcel: 20 00114- 01-00068- 59-CONDO
  • Block: 114.01
  • Lot: 68.59
  • Municipality: WARREN TWP
  • Latitude: 40.6539
  • Longitude: -74.4813

    Address

  • Full Address: 16 Terrell Ct
  • Address - House Number: 16
  • Address - Street Name: Terrell
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Warren
  • Carrier Code: C070
  • 4-Digit Zip Code: 5268
  • Zip Code: 07059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,624

    Appraisal Valuation

  • Standard Deviation: 0.1107
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 88
  • Final Value: 122,647
  • High Value: 136,226
  • Low Value: 109,069

    Market Valuation

  • Market Total Value: $82,659
  • Market Land Value: $54,843
  • Market Improvement Value: $27,816

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,800
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $28,200

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 1996
  • Current Sale Recording Date: Jun 07, 1996
  • Current Sale Transaction ID: 11476016323
  • Current Sale Price: $43,873
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 11, 1992
  • Previous Sale Contract Date: Sep 08, 1992
  • Previous Sale Amount: $37,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILLIAM JOYCE
  • First Mortgage Transaction Date: Jun 07, 1996
  • First Mortgage Loan Amount: $40,000

About Somerset



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Frequently Asked Questions

What neighborhood is 16 Terrell Court located in?
The 16 Terrell Court is a located in the neighborhood of Somerset in Somerset, Warren.
What is the average sales price for listings in 16 Terrell Court?
The average sales price for units in 16 Terrell Court is $0 currently.

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