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282 Michael J Smith Court

282 Michael J Smith Court, Somerset, NJ 08873
Property in Somerset
1 Units For Sale
Unit for sale at 282 Michael J Smith Ct, Franklin Twp., NJ 08873

$420,000

  • 3 Beds
  • 3 Baths
282 Michael J Smith Ct, Franklin Twp., NJ 08873 Listing by Chriscelma E. Osborne-vargas

Local assessors in Somerset, NJ have categorized 282 Michael J Smith Court as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 3,139 square feet. The linear feet between the front and back of the lot was measured at 730 ft and the front of the lot was measured at 430 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 282 Michael J Smith Court has a total of 1,385 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 282 Michael J Smith Court was last sold in Jul 31, 1998 for $130,000. According to our calculations, that's $93.86 per sqft. Prior to that sales transaction, the property was sold for $126,000 in Nov 12, 1994. Current property owners are expected to pay $6,589 in taxes per year. The property on 282 Michael J Smith Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $341,200. To break that down further, the land itself was valued at $161,500. While improvements to the property were assessed at a total of $179,700. 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.

Building Features

Parking

Parking Available
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,139
  • Lot Size Depth Feet: 730
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,385
  • Building Area: 1,385
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,385
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHILLIPS CAROLYN DENNIS
  • Previous Owner : SHAH MANISH
  • Owner Before Previous Owner: MASICOLA MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053105

Zoning

  • Zoning: GB

Geography

  • Assessors Map Reference: TAX MAP 8407
  • District: 08
  • Parcel: 08 00386- 17-00282
  • Block: 386.17
  • Lot: 282
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5143
  • Longitude: -74.4899

    Address

  • Full Address: 282 Michael J Smith Ct
  • Address - House Number: 282
  • Address - Street Name: Michael J Smith
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C019
  • 4-Digit Zip Code: 1772
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,589

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 404,075
  • High Value: 469,747
  • Low Value: 338,404

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $118,735
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 19, 2007
  • First Open Lien Mortgage Loan Amount: $43,735
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 29, 2032
  • Second Open Lien Mortgage Lender: CITIZENS BANK, N.A.
  • Second Open Lien Mortgage Recording Date: Feb 27, 2024
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 14, 2049

    Market Valuation

  • Market Total Value: $337,454
  • Market Land Value: $159,727
  • Market Improvement Value: $177,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,200
  • Assessed Land Value: $161,500
  • Assessed Improvements Value: $179,700

    Sales

  • Current Sale Contract Date: Jul 31, 1998
  • Current Sale Recording Date: Aug 26, 1998
  • Current Sale Transaction ID: 1120679528
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 12, 1994
  • Previous Sale Contract Date: Nov 12, 1994
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATOINAL CITY MTG
  • First Mortgage Transaction Date: Aug 26, 1998
  • First Mortgage Loan Amount: $129,908
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: AT&T EE FEDL CU
  • Previous Mortgage Transaction Date: Dec 12, 1994
  • Previous Mortgage Loan Amount: $101,000
  • Previous Mortgage Term: 360

About Somerset



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Nearby Rentals

Unit for rent at 287 Hazlitt Way, Franklin Twp., NJ, 08873

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287 Hazlitt Way, Franklin Twp., NJ, 08873 Listing by Tina L Chen
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  • 2.5 Baths
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Unit for rent at 52 Freemont Ct, Franklin Twp., NJ, 08873

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Frequently Asked Questions

What neighborhood is 282 Michael J Smith Court located in?
The 282 Michael J Smith Court is a located in the neighborhood of Somerset in Somerset, Somerset.
How many listings are currently for sale in 282 Michael J Smith Court?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 282 Michael J Smith Court?
The average sales price for units in 282 Michael J Smith Court is $420,000 currently.

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