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38 Loft Drive

38 Loft Drive, Martinsville, NJ 08836
Property in Somerset
Sold Nov 04, 2010
$405,000
$205,000 by Unity Bank
Mortgage Due Nov 01, 2040
Sold Jun 05, 2000
$341,750
Buyer
Seller
$273,400 by Hudson City Sav
Mortgage
38 Loft Drive has been categorized by the local assessors in Martinsville, NJ as a residential type of property. The building on the property was first built in 1997 and is 27 years old. In addition, 38 Loft Drive 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 1,242 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Sep 27, 2010 for $405,000. That's $221.55 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2000 for $341,750. 38 Loft Drive was last assessed in 2023. The total value of the property was assessed at $538,300. Specifically, the land the property is located on was valued at $217,000. While improvements on the property were assessed at a total of $321,300. 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 $10,680. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,242
  • 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: 0.028
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ELIAS THEODORE J
  • Current Owner 2: ELIAS CATHERINE B
  • Previous Owner : NOH ROBERT
  • Previous Owner 2: NOH YOUNGHEE
  • Owner Before Previous Owner: ENGEL DAVID
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050903

Zoning

  • Zoning: MDU8

Geography

  • Assessors Map Reference: TAX MAP 68.1
  • Account Number: S001
  • District: 06
  • Parcel: 06 00802- 02-00019
  • Block: 802.02
  • Lot: 19
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5949
  • Longitude: -74.5592

    Address

  • Full Address: 38 Loft Dr
  • Address - House Number: 38
  • Address - Street Name: Loft
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Martinsville
  • Carrier Code: R003
  • 4-Digit Zip Code: 2261
  • Zip Code: 08836

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,680

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 668,279
  • High Value: 771,903
  • Low Value: 564,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: UNITY BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2010
  • First Open Lien Mortgage Loan Amount: $205,000
  • 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: Nov 01, 2040

    Market Valuation

  • Market Total Value: $555,349
  • Market Land Value: $223,873
  • Market Improvement Value: $331,476

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $538,300
  • Assessed Land Value: $217,000
  • Assessed Improvements Value: $321,300

    Sales

  • Current Sale Contract Date: Sep 27, 2010
  • Current Sale Recording Date: Nov 04, 2010
  • Current Sale Transaction ID: 1103472176
  • Current Sale Price: $405,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010051879
  • Previous Sale Recording Date: Jun 05, 2000
  • Previous Sale Contract Date: Jun 01, 2000
  • Previous Sale Amount: $341,750
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITY BANK
  • First Mortgage Transaction Date: Nov 04, 2010
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SAV
  • Previous Mortgage Transaction Date: Jun 05, 2000
  • Previous Mortgage Loan Amount: $273,400
  • Previous Mortgage Term: 360

About Martinsville



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Frequently Asked Questions

What neighborhood is 38 Loft Drive located in?
The 38 Loft Drive is a located in the neighborhood of Somerset in Martinsville, Martinsville.
What is the average sales price for listings in 38 Loft Drive?
The average sales price for units in 38 Loft Drive is $0 currently.

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