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385 Catherine Street

385 Catherine Street, Somerville, NJ 08876
Property in Somerset
Sold Aug 02, 2021
$471,000
$372,000 by Affinity Fcu
Mortgage Due Jul 01, 2041
Sold Sep 19, 1990
$185,000
385 Catherine Street has been categorized by the local assessors in Somerville, NJ as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The building has a total of 2 stories. In addition, 385 Catherine Street has 2,030 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 1,430 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 6,578 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. 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, 385 Catherine Street was last sold in May 27, 2021 for $471,000. According to our calculations, that's $232.02 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Sep 17, 1990. Current property owners are expected to pay $12,134 in taxes per year. The property on 385 Catherine Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $314,200. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $184,200. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,578
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 460
  • Total Building Area: 2,030
  • Building Area: 2,030
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,030
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LANDON KEITH A
  • Previous Owner : FISHER ROBIN L
  • Previous Owner 2: FISHER LOREN E
  • Owner Before Previous Owner: SPREEN LOUIS S
  • Owner Before Previous Owner 2: SPREEN MICHELE K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Somerville Borough School District
  • Census Tract: 050300

Geography

  • Assessors Map Reference: TAX MAP 8
  • District: 18
  • Parcel: 18 00080-0000-00012
  • Block: 80
  • Lot: 12
  • Municipality: SOMERVILLE BORO
  • Latitude: 40.5736
  • Longitude: -74.6044

    Address

  • Full Address: 385 Catherine St
  • Address - House Number: 385
  • Address - Street Name: Catherine
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Somerville
  • Carrier Code: C013
  • 4-Digit Zip Code: 2004
  • Zip Code: 08876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,134

    Appraisal Valuation

  • Standard Deviation: 0.1928
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 570,927
  • High Value: 681,019
  • Low Value: 460,834

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,000
  • First Open Lien Mortgage Lender: AFFINITY FCU
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $372,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Market Valuation

  • Market Total Value: $417,376
  • Market Land Value: $172,689
  • Market Improvement Value: $244,687

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,200
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $184,200

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11845835896
  • Current Sale Price: $471,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021046448
  • Previous Sale Recording Date: Sep 19, 1990
  • Previous Sale Contract Date: Sep 17, 1990
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AFFINITY FCU
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2041

About Somerville



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Frequently Asked Questions

What neighborhood is 385 Catherine Street located in?
The 385 Catherine Street is a located in the neighborhood of Somerset in Somerville, Somerville.
What is the average sales price for listings in 385 Catherine Street?
The average sales price for units in 385 Catherine Street is $0 currently.

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