Sold Nov 12, 2021
$290,000
Buyer
Seller
$275,500
by 1st Colonial Community Bank
Mortgage Due Dec 01, 2051
Sold Oct 28, 2015
$175,000
Buyer
$140,000
by Monroe Savings Bank
Mortgage Due Nov 01, 2045
261 Garrison Road in Elmer, NJ was first built in 1990 and is 34 years old.
This has been categorized as a residential property type.
It is a single story home.
261 Garrison Road has 1,392 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. The exterior walls of the home are made of alum/vinyl siding. 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, 261 Garrison Road sold most recently in Nov 10, 2021 for a total of $290,000. If you work out the math, that's approximately a cost of $208.33 per sqft. Before that, the property was also sold for $175,000 in Oct 23, 2015. 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 $4,909 in taxes each year. 261 Garrison Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,400. If we break it down further, the land itself was valued at $62,500. Improvements to the property, however, were assessed at a total of $105,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.
Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. 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, 261 Garrison Road sold most recently in Nov 10, 2021 for a total of $290,000. If you work out the math, that's approximately a cost of $208.33 per sqft. Before that, the property was also sold for $175,000 in Oct 23, 2015. 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 $4,909 in taxes each year. 261 Garrison Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,400. If we break it down further, the land itself was valued at $62,500. Improvements to the property, however, were assessed at a total of $105,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.