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20 Gateshead Drive

20 Gateshead Drive, Bridgewater, NJ 08807
Property in Somerset
Sold Dec 14, 2018
$1,200,000
$600,000 by Homebridge Financial Services
Mortgage Due Dec 01, 2048
Sold Sep 17, 2012
$900,000
$400,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2042
20 Gateshead Drive in Bridgewater, NJ was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. 20 Gateshead Drive has 5,425 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 20 Gateshead Drive sold most recently in Nov 29, 2018 for a total of $1,200,000. If you work out the math, that's approximately a cost of $221.20 per sqft. Before that, the property was also sold for $900,000 in Sep 13, 2012. 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 $27,998 in taxes each year. 20 Gateshead Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,411,200. If we break it down further, the land itself was valued at $390,000. Improvements to the property, however, were assessed at a total of $1,021,200. 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. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 5,425
  • Building Area: 5,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GATESHEAD AT BRIDGEWATER
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CONRAD MICHAEL L
  • Current Owner 2: CONRAD LINDA M
  • Previous Owner : ROOKS GEORGE D
  • Previous Owner 2: ROOKS TALAYIA ROCHELLE
  • Owner Before Previous Owner: CHAUDHRY KIRAN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050903

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 86
  • Account Number: S001
  • District: 06
  • Parcel: 06 00652-0000-00136
  • Block: 652
  • Lot: 136
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.6175
  • Longitude: -74.6043

    Address

  • Full Address: 20 Gateshead Dr
  • Address - House Number: 20
  • Address - Street Name: Gateshead
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C044
  • 4-Digit Zip Code: 1403
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,998

    Appraisal Valuation

  • Standard Deviation: 0.1364
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,675,766
  • High Value: 1,904,489
  • Low Value: 1,447,043

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,802,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 14, 2018
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: Dec 01, 2048
  • Second Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Oct 25, 2019
  • Second Open Lien Mortgage Loan Amount: $598,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049
  • Third Open Lien Mortgage Lender: GIBRALTAR BANK
  • Third Open Lien Mortgage Recording Date: Dec 31, 2020
  • Third Open Lien Mortgage Loan Amount: $604,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $1,455,896
  • Market Land Value: $402,352
  • Market Improvement Value: $1,053,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,411,200
  • Assessed Land Value: $390,000
  • Assessed Improvements Value: $1,021,200

    Sales

  • Current Sale Contract Date: Nov 29, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Transaction ID: 11558889727
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018046283
  • Previous Sale Recording Date: Sep 17, 2012
  • Previous Sale Contract Date: Sep 13, 2012
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 14, 2018
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 17, 2012
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Martinsville



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Frequently Asked Questions

What neighborhood is 20 Gateshead Drive located in?
The 20 Gateshead Drive is a located in the neighborhood of Somerset in Martinsville, Bridgewater.
What is the average sales price for listings in 20 Gateshead Drive?
The average sales price for units in 20 Gateshead Drive is $0 currently.

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