305 New Road

Local assessors in Monmouth Junction, NJ have categorized 305 New Road as a residential type of property. The property's lot size has been calculated to be 39,269 square feet. The linear feet between the front and back of the lot was measured at 3,670 ft and the front of the lot was measured at 1,070 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 305 New Road has a total of 1,523 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. 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 other control joints. Lots of stucco were used in the construction of the exterior walls of the home. The property was last sold in Aug 18, 2021 for $384,000. That's $252.13 per sqft. 305 New Road was last assessed in 2023. The total value of the property was assessed at $123,100. Specifically, the land the property is located on was valued at $66,400. While improvements on the property were assessed at a total of $56,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,220. 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. 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.