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188 Beekman Lane

188 Beekman Lane, Hillsborough, NJ 08844
Property in Somerset
Sold Jun 14, 2022
$790,000
$632,000 by Loandepotcom Llc
Mortgage Due Jul 01, 2052
Sold May 20, 2004
$400,000
$320,000 by Cendant Mortgage Corporation
Mortgage
Local assessors in Hillsborough, NJ have categorized 188 Beekman Lane as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 11,522 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 1,080 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 188 Beekman Lane has a total of 2,906 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 attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 188 Beekman Lane sold most recently in Jun 4, 2022 for a total of $790,000. If you work out the math, that's approximately a cost of $271.85 per sqft. Before that, the property was also sold for $400,000 in May 5, 2004. 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 $14,910 in taxes each year. 188 Beekman Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $692,500. If we break it down further, the land itself was valued at $310,300. Improvements to the property, however, were assessed at a total of $382,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,522
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,906
  • Building Area: 2,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.265
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: CAMBRIDGE

Ownership

  • Current Owner : SHRIVASTAYA SANKALP
  • Current Owner 2: GOKLANI PRIYA SHANKAR
  • Previous Owner : SUH
  • Previous Owner 2: HAI-SIK
  • Owner Before Previous Owner: LOPRANO FRANK J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053704

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 97
  • District: 10
  • Parcel: 10 00175- 08-00011
  • Block: 175.08
  • Lot: 11
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.4994
  • Longitude: -74.6786

    Address

  • Full Address: 188 Beekman Ln
  • Address - House Number: 188
  • Address - Street Name: Beekman
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: R015
  • 4-Digit Zip Code: 3468
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,910

    Appraisal Valuation

  • Standard Deviation: 0.1794
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 872,642
  • High Value: 1,029,201
  • Low Value: 716,084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $632,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Jun 14, 2022
  • First Open Lien Mortgage Loan Amount: $632,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $708,512
  • Market Land Value: $317,475
  • Market Improvement Value: $391,037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,500
  • Assessed Land Value: $310,300
  • Assessed Improvements Value: $382,200

    Sales

  • Current Sale Contract Date: Jun 04, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Transaction ID: 11890163382
  • Current Sale Price: $790,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 26645
  • Previous Sale Recording Date: May 20, 2004
  • Previous Sale Contract Date: May 05, 2004
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOTCOM LLC
  • First Mortgage Transaction Date: Jun 14, 2022
  • First Mortgage Loan Amount: $632,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CENDANT MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: May 20, 2004
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 188 Beekman Lane located in?
The 188 Beekman Lane is a located in the neighborhood of Somerset in Somerset, Hillsborough.
What is the average sales price for listings in 188 Beekman Lane?
The average sales price for units in 188 Beekman Lane is $0 currently.

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