42 Rutgers Drive

Local assessors in Newark, NJ have categorized 42 Rutgers Drive as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 219,756 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 42 Rutgers Drive has a total of 989 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 42 Rutgers Drive was last sold in Feb 18, 2011 for $130,000. According to our calculations, that's $131.45 per sqft. Prior to that sales transaction, the property was sold for $70,000 in Jul 12, 1996. Current property owners are expected to pay $4,016 in taxes per year. The property on 42 Rutgers Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $107,500. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $72,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.