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40 Forrest Street

40 Forrest Street, Metuchen, NJ 08840
Property in Middlesex
Sold Feb 17, 2000
$218,000
40 Forrest Street in Metuchen, NJ was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. 40 Forrest Street has 2,240 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,240 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 40 Forrest Street sold most recently in Dec 1, 1999 for a total of $218,000. If you work out the math, that's approximately a cost of $97.32 per sqft. 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 $12,271 in taxes each year. 40 Forrest Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $192,600. If we break it down further, the land itself was valued at $76,400. Improvements to the property, however, were assessed at a total of $116,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,240
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MATRACZ SYLVESTER
  • Current Owner 2: MATRACZ DOROTA
  • Previous Owner : PETRONELLA ELEANOR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Metuchen Borough School District
  • Census Tract: 002000

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 09
  • Parcel: 09 00045-0000-00054
  • Block: 45
  • Lot: 54
  • Municipality: METUCHEN BORO
  • Latitude: 40.5489
  • Longitude: -74.3727

    Address

  • Full Address: 40 Forrest St
  • Address - House Number: 40
  • Address - Street Name: Forrest
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Metuchen
  • Carrier Code: C011
  • 4-Digit Zip Code: 1233
  • Zip Code: 08840

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,271

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 741,437
  • High Value: 866,013
  • Low Value: 616,861

    Market Valuation

  • Market Total Value: $192,600
  • Market Land Value: $76,400
  • Market Improvement Value: $116,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,600
  • Assessed Land Value: $76,400
  • Assessed Improvements Value: $116,200

    Sales

  • Current Sale Contract Date: Dec 01, 1999
  • Current Sale Recording Date: Feb 17, 2000
  • Current Sale Transaction ID: 1121659489
  • Current Sale Price: $218,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOVEREIGN BK
  • First Mortgage Transaction Date: Feb 17, 2000
  • First Mortgage Loan Amount: $196,200
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 40 Forrest Street located in?
The 40 Forrest Street is a located in the neighborhood of Middlesex in Metuchen, Metuchen.
What is the average sales price for listings in 40 Forrest Street?
The average sales price for units in 40 Forrest Street is $0 currently.

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