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16 William Penn Road

16 William Penn Road, Warren, NJ 07059
Property in Somerset
Sold Sep 11, 2012
$760,000
$417,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2042
Sold Sep 28, 2006
$915,000
$732,000 by Americas Wholesale Lender
Mortgage
Local assessors in Warren, NJ have categorized 16 William Penn Road as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 67,518 square feet. 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 16 William Penn Road has a total of 3,834 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 are 5 available parking spaces so it's a great situation for those with more than one car. 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. 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 William Penn Road sold most recently in Aug 17, 2012 for a total of $760,000. If you work out the math, that's approximately a cost of $198.23 per sqft. Before that, the property was also sold for $915,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $17,582 in taxes each year. 16 William Penn Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $907,200. If we break it down further, the land itself was valued at $461,900. Improvements to the property, however, were assessed at a total of $445,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 67,518
  • Total Building Area: 3,834
  • Building Area: 3,834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,834
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.55
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARK ROBERT
  • Current Owner 2: WANG LAURA
  • Previous Owner : ROSENFARB ANDREW
  • Previous Owner 2: ROSENFARB GENA MARIE
  • Owner Before Previous Owner: BLUMENFIELD STEVEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Hills Regional School District
  • Census Tract: 052204

Zoning

  • Zoning: R65

Geography

  • Assessors Map Reference: TAX MAP 28
  • Account Number: 00009220
  • District: 20
  • Parcel: 20 00036- 01-00013
  • Block: 36.01
  • Lot: 13
  • Municipality: WARREN TWP
  • Latitude: 40.6446
  • Longitude: -74.5349

    Address

  • Full Address: 16 William Penn Rd
  • Address - House Number: 16
  • Address - Street Name: William Penn
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Warren
  • Carrier Code: C099
  • 4-Digit Zip Code: 5047
  • Zip Code: 07059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,582

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,226,832
  • High Value: 1,412,833
  • Low Value: 1,040,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 11, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • 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: Sep 01, 2042

    Market Valuation

  • Market Total Value: $894,852
  • Market Land Value: $455,613
  • Market Improvement Value: $439,239

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $907,200
  • Assessed Land Value: $461,900
  • Assessed Improvements Value: $445,300

    Sales

  • Current Sale Contract Date: Aug 17, 2012
  • Current Sale Recording Date: Sep 11, 2012
  • Current Sale Transaction ID: 1166073925
  • Current Sale Price: $760,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012050373
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Amount: $915,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 11, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Sep 28, 2006
  • Previous Mortgage Loan Amount: $732,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

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

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