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2 Patton Drive

2 Patton Drive, Somerset, NJ 08873
Property in Somerset
Sold Sep 14, 1998
$203,000
$265,000 by National Bank Of Kansas City
Mortgage Due Jun 01, 2050
Sold Jul 07, 1988
$30,000
Local assessors in Somerset, NJ have categorized 2 Patton Drive as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 19,952 square feet. The linear feet between the front and back of the lot was measured at 1,160 ft and the front of the lot was measured at 1,720 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 2 Patton Drive has a total of 2,562 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 2 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. The property was last sold in Sep 4, 1998 for $203,000. That's $79.23 per sqft. Prior to that sales transaction, the property was also sold in Jun 22, 1988 for $30,000. 2 Patton Drive was last assessed in 2023. The total value of the property was assessed at $503,100. Specifically, the land the property is located on was valued at $300,000. While improvements on the property were assessed at a total of $203,100. 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 $9,760. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,952
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 2,562
  • Building Area: 2,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.458
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRYAR ROBERT
  • Current Owner 2: FRYAR VALERIE
  • Previous Owner : HARRIS GWENDOLYN
  • Owner Before Previous Owner: RAY OTIS C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053103

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 8301
  • District: 08
  • Parcel: 08 00366-0000-00008
  • Block: 366
  • Lot: 8
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5029
  • Longitude: -74.4938

    Address

  • Full Address: 2 Patton Dr
  • Address - House Number: 2
  • Address - Street Name: Patton
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C012
  • 4-Digit Zip Code: 2314
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,760

    Appraisal Valuation

  • Standard Deviation: 0.1376
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 83
  • Final Value: 617,815
  • High Value: 702,873
  • Low Value: 532,757

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: NATIONAL BANK OF KANSAS CITY
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Loan Amount: $265,000
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: ATLANTIC FCU
  • Second Open Lien Mortgage Recording Date: Mar 25, 2024
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 25, 2034

    Market Valuation

  • Market Total Value: $497,577
  • Market Land Value: $296,707
  • Market Improvement Value: $200,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $503,100
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $203,100

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 04, 1998
  • Current Sale Recording Date: Sep 14, 1998
  • Current Sale Transaction ID: 11476148479
  • Current Sale Price: $203,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 07, 1988
  • Previous Sale Contract Date: Jun 22, 1988
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMCC MTG
  • First Mortgage Transaction Date: Sep 14, 1998
  • First Mortgage Loan Amount: $203,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

About Somerset



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Frequently Asked Questions

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

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