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3 Tower Road

3 Tower Road, Martinsville, NJ 08836
Property in Somerset
Sold Sep 28, 1999
$495,000
3 Tower Road in Martinsville, NJ was first built in 1999 and is 25 years old. This has been categorized as a residential property type. 3 Tower Road has 4,664 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 66,647 square feet.

Learn more about the property and building on this page. 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, 3 Tower Road sold most recently in Aug 25, 1999 for a total of $495,000. If you work out the math, that's approximately a cost of $106.13 per sqft. 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 $21,140 in taxes each year. 3 Tower Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,065,500. If we break it down further, the land itself was valued at $276,500. Improvements to the property, however, were assessed at a total of $789,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 66,647
  • Total Building Area: 4,664
  • Building Area: 4,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.53
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JAIN ALOK
  • Current Owner 2: JAIN ANITA
  • Previous Owner : PAULA PROPERTIES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050903

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 84
  • Account Number: S001
  • District: 06
  • Parcel: 06 00907-0000-00002- 09
  • Block: 907
  • Lot: 2.09
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.6084
  • Longitude: -74.5607

    Address

  • Full Address: 3 Tower Rd
  • Address - House Number: 3
  • Address - Street Name: Tower
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Martinsville
  • Carrier Code: R002
  • 4-Digit Zip Code: 2045
  • Zip Code: 08836

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,140

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,416,041
  • High Value: 1,610,531
  • Low Value: 1,221,550

    Market Valuation

  • Market Total Value: $1,099,246
  • Market Land Value: $285,257
  • Market Improvement Value: $813,989

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,065,500
  • Assessed Land Value: $276,500
  • Assessed Improvements Value: $789,000

    Sales

  • Current Sale Contract Date: Aug 25, 1999
  • Current Sale Recording Date: Sep 28, 1999
  • Current Sale Transaction ID: 1120658962
  • Current Sale Price: $495,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AFFINITY FCU
  • First Mortgage Transaction Date: Sep 28, 1999
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360

About Martinsville



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17 Ridge Rd, Warren Twp., NJ, 07059 Listing by BRENDA GARCIA

Frequently Asked Questions

What neighborhood is 3 Tower Road located in?
The 3 Tower Road is a located in the neighborhood of Somerset in Martinsville, Martinsville.
What is the average sales price for listings in 3 Tower Road?
The average sales price for units in 3 Tower Road is $0 currently.

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