35 Spencer Street

Local assessors in Somerset, NJ have categorized 35 Spencer Street as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 1,278 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 35 Spencer Street has a total of 1,575 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 35 Spencer Street was last sold in May 20, 2021 for $340,000. According to our calculations, that's $215.87 per sqft. Prior to that sales transaction, the property was sold for $267,000 in Jul 15, 2016. Current property owners are expected to pay $6,856 in taxes per year. The property on 35 Spencer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $356,700. To break that down further, the land itself was valued at $135,000. While improvements to the property were assessed at a total of $221,700. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.