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2 Mattawang Drive

2 Mattawang Drive, Somerset, NJ 08873
Property in Somerset
Sold Aug 13, 2015
$695,000
$618,000 by Citibank Na
Mortgage Due Sep 01, 2045
Sold Mar 10, 1999
$430,762
$240,000 by K Hovnanian Mtg
Mortgage
Local assessors in Somerset, NJ have categorized 2 Mattawang Drive as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 94,794 square feet. The linear feet between the front and back of the lot was measured at 2,590 ft and the front of the lot was measured at 3,660 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 2 Mattawang Drive has a total of 6,139 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 garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Mattawang Drive was last sold in Aug 10, 2015 for $695,000. According to our calculations, that's $113.21 per sqft. Prior to that sales transaction, the property was sold for $430,762 in Feb 24, 1999. Current property owners are expected to pay $16,029 in taxes per year. The property on 2 Mattawang Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $834,000. To break that down further, the land itself was valued at $326,000. While improvements to the property were assessed at a total of $508,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 94,794
  • Lot Size Depth Feet: 2,590
  • Lot Size Frontage Feet: 3,660
  • Total Building Area: 6,139
  • Building Area: 6,139
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,139
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.176
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PARIKH NIMESH D
  • Current Owner 2: PARIKH ASHA N
  • Previous Owner : CHAN DANNY K
  • Previous Owner 2: NG CHAN JENNIFER
  • Owner Before Previous Owner: HOVNANIAN K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053406

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: TAX MAP 32
  • District: 08
  • Parcel: 08 00037- 02-00053
  • Block: 37.02
  • Lot: 53
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4454
  • Longitude: -74.5498

    Address

  • Full Address: 2 Mattawang Dr
  • Address - House Number: 2
  • Address - Street Name: Mattawang
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R005
  • 4-Digit Zip Code: 4651
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,029

    Appraisal Valuation

  • Standard Deviation: 0.1387
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 1,087,010
  • High Value: 1,237,834
  • Low Value: 936,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $618,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Aug 13, 2015
  • First Open Lien Mortgage Loan Amount: $618,000
  • 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: Sep 01, 2045

    Market Valuation

  • Market Total Value: $824,844
  • Market Land Value: $322,421
  • Market Improvement Value: $502,423

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $834,000
  • Assessed Land Value: $326,000
  • Assessed Improvements Value: $508,000

    Sales

  • Current Sale Contract Date: Aug 10, 2015
  • Current Sale Recording Date: Aug 13, 2015
  • Current Sale Transaction ID: 1346560361
  • Current Sale Price: $695,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015033753
  • Previous Sale Recording Date: Mar 10, 1999
  • Previous Sale Contract Date: Feb 24, 1999
  • Previous Sale Amount: $430,762
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Aug 13, 2015
  • First Mortgage Loan Amount: $618,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: K HOVNANIAN MTG
  • Previous Mortgage Transaction Date: Mar 10, 1999
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360

About Six Mile Run



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Frequently Asked Questions

What neighborhood is 2 Mattawang Drive located in?
The 2 Mattawang Drive is a located in the neighborhood of Somerset in Six Mile Run, Somerset.
What is the average sales price for listings in 2 Mattawang Drive?
The average sales price for units in 2 Mattawang Drive is $0 currently.

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