281 Valencia Drive

281 Valencia Drive has been categorized by the local assessors in Monroe Township, NJ as a type of property. The building on the property was first built in 2006 and is 20 years old. In addition, 281 Valencia Drive has 2,150 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 9,408 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. 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, 281 Valencia Drive was last sold in Aug 15, 2016 for $387,000. According to our calculations, that's $180.00 per sqft. Prior to that sales transaction, the property was sold for $468,248 in Jul 19, 2006. Current property owners are expected to pay $893,178 in taxes per year. The property on 281 Valencia Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $334,900. To break that down further, the land itself was valued at $180,000. While improvements to the property were assessed at a total of $154,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.