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261 Washington Drive

261 Washington Drive, Watchung, NJ 07069
Property in Somerset
Sold Dec 14, 1995
$447,455
$588,000 by Everbank
Mortgage Due Feb 16, 2046
Sold Apr 28, 1992
$485,000
261 Washington Drive in Watchung, NJ was first built in 1968 and is 56 years old. This has been categorized as a residential property type. There are a total of 2 floors. 261 Washington Drive has 5,122 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 74,052 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. 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, 261 Washington Drive was last sold in Aug 31, 1995 for $447,455. According to our calculations, that's $87.36 per sqft. Prior to that sales transaction, the property was sold for $485,000 in Apr 20, 1992. Current property owners are expected to pay $26,680 in taxes per year. The property on 261 Washington Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,160,000. To break that down further, the land itself was valued at $380,000. While improvements to the property were assessed at a total of $780,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 5,122
  • Building Area: 5,122
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,122
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.7
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SAN GIACOMO NA LTD
  • Previous Owner : STOFFI CARLO
  • Owner Before Previous Owner: FIEDMAN GIG
  • Owner Before Previous Owner 2: FIEDMAN SUSAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Green Brook Township School District
  • Census Tract: 052100

Zoning

  • Zoning: LD1

Geography

  • Assessors Map Reference: TAX MAP 28
  • District: 09
  • Parcel: 09 00157-0000-00013- 03
  • Block: 157
  • Lot: 13.03
  • Municipality: GREEN BROOK TWP
  • Latitude: 40.6247
  • Longitude: -74.4519

    Address

  • Full Address: 261 Washington Dr
  • Address - House Number: 261
  • Address - Street Name: Washington
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Watchung
  • Carrier Code: C079
  • 4-Digit Zip Code: 6334
  • Zip Code: 07069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,680

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,253,235
  • High Value: 1,441,928
  • Low Value: 1,064,542

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,298,000
  • First Open Lien Mortgage Lender: EVERBANK
  • First Open Lien Mortgage Recording Date: Feb 16, 2016
  • First Open Lien Mortgage Loan Amount: $588,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 16, 2046
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 08, 2021
  • Second Open Lien Mortgage Loan Amount: $460,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2036
  • Third Open Lien Mortgage Lender: POLISH AND SLAVIC FCU
  • Third Open Lien Mortgage Recording Date: Oct 24, 2022
  • Third Open Lien Mortgage Loan Amount: $250,000
  • Third Open Lien Mortgage Term: 298
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Sep 15, 2047

    Market Valuation

  • Market Total Value: $1,146,132
  • Market Land Value: $375,457
  • Market Improvement Value: $770,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,160,000
  • Assessed Land Value: $380,000
  • Assessed Improvements Value: $780,000

    Sales

  • Current Sale Contract Date: Aug 31, 1995
  • Current Sale Recording Date: Dec 14, 1995
  • Current Sale Transaction ID: 1120685268
  • Current Sale Price: $447,455
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 28, 1992
  • Previous Sale Contract Date: Apr 20, 1992
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Deed

About Somerset



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Unit for rent at 58 Hillcrest Road, Watchung Boro, NJ, 07069

$3,700 /mo

  • 4 Beds
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58 Hillcrest Road, Watchung Boro, NJ, 07069 Listing by LISA A KIRKWOOD

Frequently Asked Questions

What neighborhood is 261 Washington Drive located in?
The 261 Washington Drive is a located in the neighborhood of Somerset in Somerset, Watchung.
What is the average sales price for listings in 261 Washington Drive?
The average sales price for units in 261 Washington Drive is $0 currently.

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