by RHP Realty

See Home Value
Somerset 08873
306 Demott Ln
$604,000
● House - Off Market

306 Demott Ln

Franklin Twp., NJ 08873
bedrooms
3 Beds
bathrooms
2.1 Baths
$2,942
Est. Monthly
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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Last updated: 2 years ago (GSMLS #3877442)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold
Sold
Feb 14, 2024 In contract -
In contract
Feb 6, 2024 Relisted $599,000
Relisted
Dec 26, 2023 In contract -
In contract
Nov 17, 2023 Listed by NextHome Zenith $599,000
Listed by NextHome Zenith
Introducing 306 Demott Lane, a charming and beautifully renovated expanded ranch in the heart of Somerset. With 3 bedrooms and 2.5 baths, this spacious home offers a comfortable and functional layout perfect for modern living. As you step inside, you'll be captivated by the gleaming hardwood floors that flow throughout the main living areas. Highlights include a 2 story Living room with fireplace for cozy winter nights. The updated baths showcase contemporary design elements and offer a touch of luxury. Whether you're starting your day with an invigorating shower or unwinding in a relaxing bath, these bathrooms provide a serene and spa-like experience. Fresh paint throughout the home adds a touch of elegance and a blank canvas for your personal style This property also boasts a brand new roof, ensuring peace of mind and protection from the elements for years to come. With approximately 2,100 square feet of living space, there is plenty of room for you and your loved ones to spread out and make lasting memories.Located in the desirable Franklin Township neighborhood, this home is conveniently close to major hospitals, universities, main roadways, parks, shopping centers, and more. Enjoy the best of both worlds - a tranquil setting while still being within reach of all the amenities you need.Don't miss your chance to call 306 Demott Lane home. Schedule a showing today and experience the comfort, convenience, and beauty this property has to offer.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,500
  • Lot Size Depth Feet: 4,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,122
  • Building Area: 2,122
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,122
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000999
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 78
  • District: 08
  • Parcel: 08 00386- 08-00091
  • Block: 386.08
  • Lot: 91
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5049
  • Longitude: -74.5118

    Address

  • Full Address: 306 Demott Ln
  • Address - House Number: 306
  • Address - Street Name: Demott
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C029
  • 4-Digit Zip Code: 4924
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $953,335

    Appraisal Valuation

  • Standard Deviation: 0.0722
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 95
  • Final Value: 586,952
  • High Value: 629,388
  • Low Value: 544,516

    Market Valuation

  • Market Total Value: $488,280
  • Market Land Value: $260,113
  • Market Improvement Value: $228,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,700
  • Assessed Land Value: $263,000
  • Assessed Improvements Value: $230,700

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 19, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15141
  • Previous Sale Recording Date: Aug 04, 1995
  • Previous Sale Contract Date: Jul 28, 1995
  • Previous Sale Amount: $231,250
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Somerset


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Nearby Rentals

Unit for rent at 130 Winchester Way, Franklin, NJ, 08873

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,336 ft²
130 Winchester Way, Franklin, NJ, 08873 Listing by CAROL ROWE MAIR
Unit for rent at 6 Flower Road, Franklin Twsp, NJ, 08873

$3,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,887 ft²
6 Flower Road, Franklin Twsp, NJ, 08873 Listing by LOUIS G. BARROOD


Frequently Asked Questions

When was property at 306 Demott Lane built and last sold?
The property at 306 Demott Lane was built in 1960 and last sold on Jun 7, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 306 Demott Lane is $0.
What are some comparable homes to 306 Demott Lane?
There are currently no comparable homes to 306 Demott Lane.