Sold Sep 10, 2020
$442,000
Buyer
Seller
$353,600
by New Jersey Lenders Corp
Mortgage Due Aug 01, 2050
Sold Aug 31, 1988
$210,000
1601 Timber Oaks Road has been categorized by the local assessors in Edison, NJ as a residential type of property.
The building on the property was first built in 1982 and is 42 years old.
In addition, 1601 Timber Oaks Road has 1,848 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 96 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 1601 Timber Oaks Road sold most recently in Jul 15, 2020 for a total of $442,000. If you work out the math, that's approximately a cost of $239.18 per sqft. Before that, the property was also sold for $210,000 in Aug 31, 1988. 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 $10,298 in taxes each year. 1601 Timber Oaks Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,500. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $115,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 1601 Timber Oaks Road sold most recently in Jul 15, 2020 for a total of $442,000. If you work out the math, that's approximately a cost of $239.18 per sqft. Before that, the property was also sold for $210,000 in Aug 31, 1988. 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 $10,298 in taxes each year. 1601 Timber Oaks Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,500. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $115,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.
Building Features
Exterior
Vinyl Siding
Parking
Assigned Parking
Open Parking
This property description is generated based on publicly available data.