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30 Tallman Lane

30 Tallman Lane, Somerset, NJ 08873
Property in Somerset
Sold Sep 29, 2005
$439,900
$220,000 by Lehman Brothers Bank Fsb
Mortgage Due Sep 29, 2035
Sold Oct 07, 2003
$309,900
$100,000 by Fleet National Bank
Mortgage
30 Tallman Lane has been categorized by the local assessors in Somerset, NJ as a residential type of property. The building on the property was first built in 2003 and is 21 years old. In addition, 30 Tallman Lane has 1,803 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 5,828 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. The property was last sold in Sep 27, 2005 for $439,900. That's $243.98 per sqft. Prior to that sales transaction, the property was also sold in Sep 25, 2003 for $309,900. 30 Tallman Lane was last assessed in 2023. The total value of the property was assessed at $473,400. Specifically, the land the property is located on was valued at $235,400. While improvements on the property were assessed at a total of $238,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,141. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,828
  • Total Building Area: 1,803
  • Building Area: 1,803
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,803
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH MICHAEL J
  • Current Owner 2: SMITH CATHERINE J
  • Previous Owner : KRUGER BERNARD B
  • Owner Before Previous Owner: CANAL WALK ASSOCIATES LLC

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053501

Zoning

  • Zoning: SCV

Geography

  • Assessors Map Reference: TAX MAP 65
  • District: 08
  • Parcel: 08 00513- 08-00013
  • Block: 513.08
  • Lot: 13
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5213
  • Longitude: -74.5686

    Address

  • Full Address: 30 Tallman Ln
  • Address - House Number: 30
  • Address - Street Name: Tallman
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R007
  • 4-Digit Zip Code: 7269
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,141

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 576,730
  • High Value: 665,435
  • Low Value: 488,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Open Lien Mortgage Recording Date: Sep 29, 2005
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 29, 2035

    Market Valuation

  • Market Total Value: $468,203
  • Market Land Value: $232,816
  • Market Improvement Value: $235,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $473,400
  • Assessed Land Value: $235,400
  • Assessed Improvements Value: $238,000

    Sales

  • Current Sale Contract Date: Sep 27, 2005
  • Current Sale Recording Date: Sep 29, 2005
  • Current Sale Transaction ID: 1192785816
  • Current Sale Price: $439,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 07, 2003
  • Previous Sale Contract Date: Sep 25, 2003
  • Previous Sale Amount: $309,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • First Mortgage Transaction Date: Sep 29, 2005
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: FLEET NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 07, 2003
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360

About Weston



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Frequently Asked Questions

What neighborhood is 30 Tallman Lane located in?
The 30 Tallman Lane is a located in the neighborhood of Somerset in Weston, Somerset.
What is the average sales price for listings in 30 Tallman Lane?
The average sales price for units in 30 Tallman Lane is $0 currently.

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