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405 Covered Bridge Road

405 Covered Bridge Road, Neshanic Station, NJ 08853
Property in Somerset
Sold Jan 20, 2015
$612,500
$490,000 by Bank Of America Na
Mortgage Due Feb 01, 2045
Sold Dec 06, 2006
Transfer
405 Covered Bridge Road in Neshanic Station, NJ was first built in 1998 and is 26 years old. This has been categorized as a residential property type. 405 Covered Bridge Road has 3,086 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. In total, the area measurement of the land is 40,511 square feet.

Learn more about the property and building on this page. 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, 405 Covered Bridge Road sold most recently in Sep 27, 2014 for a total of $612,500. If you work out the math, that's approximately a cost of $198.48 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 $13,597 in taxes each year. 405 Covered Bridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $726,700. If we break it down further, the land itself was valued at $188,600. Improvements to the property, however, were assessed at a total of $538,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 3,086
  • Building Area: 3,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAMARCA LUKE CHRISTOPHER
  • Current Owner 2: LAMARCA MEGAN ASHLEY
  • Previous Owner : VENTURA VICTOR
  • Previous Owner 2: VENTURA TINA LOUISE
  • Owner Before Previous Owner: VENTURA VICTOR L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Branchburg Township School District
  • Census Tract: 053602

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 05
  • Parcel: 05 00076- 08-00011
  • Block: 76.08
  • Lot: 11
  • Municipality: BRANCHBURG TWP
  • Latitude: 40.5435
  • Longitude: -74.7215

    Address

  • Full Address: 405 Covered Bridge Rd
  • Address - House Number: 405
  • Address - Street Name: Covered Bridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Branchburg
  • Carrier Code: R022
  • 4-Digit Zip Code: 4190
  • Zip Code: 08853

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,597

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 865,833
  • High Value: 984,754
  • Low Value: 746,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 20, 2015
  • First Open Lien Mortgage Loan Amount: $490,000
  • 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: Feb 01, 2045

    Market Valuation

  • Market Total Value: $745,410
  • Market Land Value: $193,456
  • Market Improvement Value: $551,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,700
  • Assessed Land Value: $188,600
  • Assessed Improvements Value: $538,100

    Sales

  • Current Sale Contract Date: Sep 27, 2014
  • Current Sale Recording Date: Jan 20, 2015
  • Current Sale Transaction ID: 1414403904
  • Current Sale Price: $612,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015002441
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Dec 02, 2006
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 20, 2015
  • First Mortgage Loan Amount: $490,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

About Somerset



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Frequently Asked Questions

What neighborhood is 405 Covered Bridge Road located in?
The 405 Covered Bridge Road is a located in the neighborhood of Somerset in Somerset, Neshanic Station.
What is the average sales price for listings in 405 Covered Bridge Road?
The average sales price for units in 405 Covered Bridge Road is $0 currently.

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