Sold Feb 05, 2021
$435,000
Buyer
$413,250
by New Jersey Lenders Corp
Mortgage Due Jan 01, 2051
Sold Feb 22, 1995
$161,990
$130,000
by Summit Bank
Mortgage
202 Falcongate Drive has been categorized by the local assessors in Monmouth Junction, NJ as a residential type of property.
The building on the property was first built in 1995 and is 29 years old.
In addition, 202 Falcongate Drive has 2,278 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 1,299 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. 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, 202 Falcongate Drive sold most recently in Dec 22, 2020 for a total of $435,000. If you work out the math, that's approximately a cost of $190.96 per sqft. Before that, the property was also sold for $161,990 in Feb 10, 1995. 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 $8,595 in taxes each year. 202 Falcongate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,100. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $120,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 202 Falcongate Drive sold most recently in Dec 22, 2020 for a total of $435,000. If you work out the math, that's approximately a cost of $190.96 per sqft. Before that, the property was also sold for $161,990 in Feb 10, 1995. 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 $8,595 in taxes each year. 202 Falcongate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,100. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $120,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.
202 Falcongate Drive, Monmouth Junction, NJ 08852
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