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196 Orchard Street

196 Orchard Street, Bridgewater, NJ 08807
Property in Somerset
Sold Nov 04, 1998
$263,000
$600,000 by Pnc Bank, National Association
Mortgage Due Dec 17, 2063
196 Orchard Street has been categorized by the local assessors in Bridgewater, NJ as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The building has a total of 2 stories. In addition, 196 Orchard Street has 1,896 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,000 ft and across the front of the lot is 1,390 ft. The area measurement of the land has been determined as 41,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the 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, 196 Orchard Street sold most recently in Oct 28, 1998 for a total of $263,000. If you work out the math, that's approximately a cost of $138.71 per sqft. 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 $11,027 in taxes each year. 196 Orchard Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $555,500. If we break it down further, the land itself was valued at $277,900. Improvements to the property, however, were assessed at a total of $277,600. 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. 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. 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: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 41,700
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,390
  • Total Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.957
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIPARI ANTHONY
  • Current Owner 2: LIPARI LORI
  • Previous Owner : MANGIN RAYMOND
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050802

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 24
  • Account Number: S001
  • District: 06
  • Parcel: 06 00536-0000-00027
  • Block: 536
  • Lot: 27
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.6011
  • Longitude: -74.6116

    Address

  • Full Address: 196 Orchard St
  • Address - House Number: 196
  • Address - Street Name: Orchard
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C030
  • 4-Digit Zip Code: 1764
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,027

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 694,555
  • High Value: 789,951
  • Low Value: 599,159

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Dec 26, 2023
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 479
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 17, 2063

    Market Valuation

  • Market Total Value: $573,094
  • Market Land Value: $286,702
  • Market Improvement Value: $286,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,500
  • Assessed Land Value: $277,900
  • Assessed Improvements Value: $277,600

    Sales

  • Current Sale Contract Date: Oct 28, 1998
  • Current Sale Recording Date: Nov 04, 1998
  • Current Sale Transaction ID: 1120659242
  • Current Sale Price: $263,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Nov 04, 1998
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360

About Green Knoll



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Frequently Asked Questions

What neighborhood is 196 Orchard Street located in?
The 196 Orchard Street is a located in the neighborhood of Somerset in Green Knoll, Bridgewater.
What is the average sales price for listings in 196 Orchard Street?
The average sales price for units in 196 Orchard Street is $0 currently.

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