Check Availability

198 Potterstown Road

198 Potterstown Road, Lebanon, NJ 08833
Property in Hunterdon
Sold Sep 20, 2016
$370,000
$296,000 by Everbank.com
Mortgage Due Oct 01, 2046
Sold Apr 02, 1991
Transfer
Local assessors in Lebanon, NJ have categorized 198 Potterstown Road as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 108,900 square feet. If we look only at the heated or air conditioned part of the building, then 198 Potterstown Road has a total of 2,400 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. 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, 198 Potterstown Road sold most recently in Sep 19, 2016 for a total of $370,000. If you work out the math, that's approximately a cost of $154.17 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 $11,184 in taxes each year. 198 Potterstown Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $430,300. If we break it down further, the land itself was valued at $152,500. Improvements to the property, however, were assessed at a total of $277,800. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MURPHY SCOTT A
  • Current Owner 2: MURPHY NINA A
  • Previous Owner : DEMARCO CAROLINE
  • Owner Before Previous Owner: DEMARCO FRANK V
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hunterdon Central Regional School District
  • Census Tract: 011100

Zoning

  • Zoning: SRR

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 22
  • Parcel: 22 00002-0000-00006- 01
  • Block: 2
  • Lot: 6.01
  • Municipality: READINGTON TWP
  • Latitude: 40.6566
  • Longitude: -74.7845

    Address

  • Full Address: 198 Potterstown Rd
  • Address - House Number: 198
  • Address - Street Name: Potterstown
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lebanon
  • Carrier Code: R005
  • 4-Digit Zip Code: 5051
  • Zip Code: 08833

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,184

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 597,163
  • High Value: 691,802
  • Low Value: 502,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: EVERBANK.COM
  • First Open Lien Mortgage Recording Date: Sep 20, 2016
  • First Open Lien Mortgage Loan Amount: $296,000
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $430,300
  • Market Land Value: $152,500
  • Market Improvement Value: $277,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,300
  • Assessed Land Value: $152,500
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Contract Date: Sep 19, 2016
  • Current Sale Recording Date: Sep 20, 2016
  • Current Sale Transaction ID: 1800463850
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20160920000204470
  • Previous Sale Recording Date: Apr 02, 1991
  • Previous Sale Contract Date: Mar 28, 1991
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK.COM
  • First Mortgage Transaction Date: Sep 20, 2016
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Hunterdon



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 198 Potterstown Road located in?
The 198 Potterstown Road is a located in the neighborhood of Hunterdon in Hunterdon, Lebanon.
What is the average sales price for listings in 198 Potterstown Road?
The average sales price for units in 198 Potterstown Road is $0 currently.

Quantcast