161 Spencer Road

Local assessors in Basking Ridge, NJ have categorized 161 Spencer Road as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 87,556 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 161 Spencer Road has a total of 1,542 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. 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. The property was last sold in May 2, 2018 for $575,000. That's $372.89 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2013 for $535,000. 161 Spencer Road was last assessed in 2023. The total value of the property was assessed at $611,800. Specifically, the land the property is located on was valued at $400,200. While improvements on the property were assessed at a total of $211,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,539. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.