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31 Baker Way

31 Baker Way, Pennington, NJ 08534
Property in Mercer
Sold Apr 27, 2006
$1,072,858
$550,000 by Wells Fargo
Mortgage
Sold Jun 17, 2003
$1,072,858
$550,000 by Wells Fargo
Mortgage
31 Baker Way in Pennington, NJ was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. 31 Baker Way has 6,277 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 87,120 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 31 Baker Way sold most recently in Oct 12, 2005 for a total of $1,072,858. If you work out the math, that's approximately a cost of $170.92 per sqft. Before that, the property was also sold for $1,072,858 in May 7, 2003. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $29,182 in taxes each year. 31 Baker Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $975,000. If we break it down further, the land itself was valued at $287,500. Improvements to the property, however, were assessed at a total of $687,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 6,277
  • Building Area: 6,277
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,277
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARORA SURINDER
  • Current Owner 2: ARORA DAVINDER
  • Previous Owner : HIGH POINTE
  • Owner Before Previous Owner: HIGH POINTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopewell Valley Regional School District
  • Census Tract: 003800

Zoning

  • Zoning: VRC

Geography

  • Assessors Map Reference: TAX MAP 13
  • District: 06
  • Parcel: 06 00062- 02-00002
  • Block: 62.02
  • Lot: 2
  • Municipality: HOPEWELL TWP
  • Latitude: 40.3272
  • Longitude: -74.8286

    Address

  • Full Address: 31 Baker Way
  • Address - House Number: 31
  • Address - Street Name: Baker
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Pennington
  • Carrier Code: R001
  • 4-Digit Zip Code: 4000
  • Zip Code: 08534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,182

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 1,252,464
  • High Value: 1,498,470
  • Low Value: 1,006,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: WELLS FARGO
  • First Open Lien Mortgage Recording Date: Jun 17, 2003
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $975,000
  • Market Land Value: $287,500
  • Market Improvement Value: $687,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $975,000
  • Assessed Land Value: $287,500
  • Assessed Improvements Value: $687,500

    Sales

  • Current Sale Contract Date: Oct 12, 2005
  • Current Sale Recording Date: Apr 27, 2006
  • Current Sale Transaction ID: 1192146166
  • Current Sale Price: $1,072,858
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 17, 2003
  • Previous Sale Contract Date: May 07, 2003
  • Previous Sale Amount: $1,072,858
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO
  • Previous Mortgage Transaction Date: Jun 17, 2003
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 31 Baker Way located in?
The 31 Baker Way is a located in the neighborhood of Mercer in Mercer, Pennington.
What is the average sales price for listings in 31 Baker Way?
The average sales price for units in 31 Baker Way is $0 currently.

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