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348 South Branch Road

348 South Branch Road, Hillsborough, NJ 08844
Property in Somerset
Sold Sep 14, 2016
$310,000
$285,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2046
348 South Branch Road has been categorized by the local assessors in Hillsborough, NJ as a residential type of property. The building on the property was first built in 1959 and is 65 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 348 South Branch Road has 1,432 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 7,200 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 107,593 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Aug 17, 2016 for $310,000. That's $216.48 per sqft. 348 South Branch Road was last assessed in 2023. The total value of the property was assessed at $366,300. Specifically, the land the property is located on was valued at $222,000. While improvements on the property were assessed at a total of $144,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,886. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 107,593
  • Lot Size Depth Feet: 7,200
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF GEORGE COLLINS EST
  • Land Acres: 2.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: AKA 578 AMWELL

Ownership

  • Current Owner : PAPERA FRANK F
  • Current Owner 2: DILEO KATHERINE E
  • Previous Owner : KLINE EDNA M
  • Previous Owner 2: KLINE JILL ANN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053705

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 94
  • District: 10
  • Parcel: 10 00175- 18-00008- 02
  • Block: 175.18
  • Lot: 8.02
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.5073
  • Longitude: -74.6806

    Address

  • Full Address: 348 S Branch Rd
  • Address - House Number: 348
  • Street Direction: S
  • Address - Street Name: Branch
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: R011
  • 4-Digit Zip Code: 3362
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,886

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 506,324
  • High Value: 582,783
  • Low Value: 429,866

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 14, 2016
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2046

    Market Valuation

  • Market Total Value: $374,770
  • Market Land Value: $227,133
  • Market Improvement Value: $147,637

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,300
  • Assessed Land Value: $222,000
  • Assessed Improvements Value: $144,300

    Sales

  • Current Sale Contract Date: Aug 17, 2016
  • Current Sale Recording Date: Sep 14, 2016
  • Current Sale Transaction ID: 1983608474
  • Current Sale Price: $310,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016038993

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 14, 2016
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Somerset



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Nearby Rentals

Unit for rent at 11a Tippet St, Hillsborough Twp., NJ, 08844-3509

$3,200 /mo

  • 2 Beds
  • 3 Baths
  • 1,660 ft²
11a Tippet St, Hillsborough Twp., NJ, 08844-3509 Listing by NEENA SAMPAT

Frequently Asked Questions

What neighborhood is 348 South Branch Road located in?
The 348 South Branch Road is a located in the neighborhood of Somerset in Somerset, Hillsborough.
What is the average sales price for listings in 348 South Branch Road?
The average sales price for units in 348 South Branch Road is $0 currently.

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