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367 Watkins Road

367 Watkins Road, Pennington, NJ 08534
Property in Mercer
Sold Sep 30, 2004
$375,000
$100,000 by K Hovnanian Mtg
Mortgage
Sold Dec 08, 1997
$161,944
$100,000 by K Hovnanian Mtg
Mortgage
367 Watkins Road has been categorized by the local assessors in Pennington, NJ as a residential type of property. The building on the property was first built in 1997 and is 27 years old. In addition, 367 Watkins Road has 1,828 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,847 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. For the features and amenities located on the property. There is a garage for those who require parking. 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, 367 Watkins Road sold most recently in Apr 20, 2004 for a total of $375,000. If you work out the math, that's approximately a cost of $205.14 per sqft. Before that, the property was also sold for $161,944 in Oct 16, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,078 in taxes each year. 367 Watkins Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $303,300. If we break it down further, the land itself was valued at $95,000. Improvements to the property, however, were assessed at a total of $208,300. 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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,847
  • Total Building Area: 1,828
  • Building Area: 1,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,828
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.042
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : ADAMS NEIL
  • Current Owner 2: ADAMS PATRICIA
  • Previous Owner : RELOACTION
  • Owner Before Previous Owner: HOPEWELL K HOVNANIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopewell Valley Regional School District
  • Census Tract: 003904

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: TAX MAP 2012
  • District: 06
  • Parcel: 06 00078- 37-00001-0000-C367
  • Block: 78.37
  • Lot: 1
  • Municipality: HOPEWELL TWP
  • Latitude: 40.3015
  • Longitude: -74.7591

    Address

  • Full Address: 367 Watkins Rd
  • Address - House Number: 367
  • Address - Street Name: Watkins
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Pennington
  • Carrier Code: C012
  • 4-Digit Zip Code: 5181
  • Zip Code: 08534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,078

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 465,407
  • High Value: 557,749
  • Low Value: 373,066

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: K HOVNANIAN MTG
  • First Open Lien Mortgage Recording Date: Dec 08, 1997
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $303,300
  • Market Land Value: $95,000
  • Market Improvement Value: $208,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $303,300
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $208,300

    Sales

  • Current Sale Contract Date: Apr 20, 2004
  • Current Sale Recording Date: Sep 30, 2004
  • Current Sale Transaction ID: 1192148224
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 08, 1997
  • Previous Sale Contract Date: Oct 16, 1997
  • Previous Sale Amount: $161,944
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: K HOVNANIAN MTG
  • Previous Mortgage Transaction Date: Dec 08, 1997
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 367 Watkins Road located in?
The 367 Watkins Road is a located in the neighborhood of Mercer in Mercer, Pennington.
What is the average sales price for listings in 367 Watkins Road?
The average sales price for units in 367 Watkins Road is $0 currently.

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