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42 Timber Rock Trail

42 Timber Rock Trail, Bernardsville, NJ 07924
Property in Somerset
Sold Dec 27, 2006
Transfer
$529,650 by Jfq Lending Inc
Mortgage Due Jul 01, 2051
42 Timber Rock Trail in Bernardsville, NJ was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. 42 Timber Rock Trail has 3,472 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 55,321 square feet.

Learn more about the property and building on this page. For those who need parking, there is a 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $19,670 in taxes per year. The property on 42 Timber Rock Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $979,100. To break that down further, the land itself was valued at $325,100. While improvements to the property were assessed at a total of $654,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1978
  • Effective Year Built: 1978
  • 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: 55,321
  • Total Building Area: 3,472
  • Building Area: 3,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.27
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MALIK SHARMIN
  • Previous Owner : MALIK AFTAB A K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Somerset Hills Regional School District
  • Census Tract: 052701

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 55
  • District: 03
  • Parcel: 03 00080-0000-00033- 10
  • Block: 80
  • Lot: 33.10
  • Municipality: BERNARDSVILLE BORO
  • Latitude: 40.7197
  • Longitude: -74.5741

    Address

  • Full Address: 42 Timber Rock Trl
  • Address - House Number: 42
  • Address - Street Name: Timber Rock
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Bernardsville
  • Carrier Code: C004
  • 4-Digit Zip Code: 2221
  • Zip Code: 07924

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,670

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 1,225,918
  • High Value: 1,410,497
  • Low Value: 1,041,338

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,329,650
  • First Open Lien Mortgage Lender: JFQ LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 15, 2021
  • First Open Lien Mortgage Loan Amount: $529,650
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 28, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 16, 2055
  • Third Open Lien Mortgage Lender: LAKELAND BANK
  • Third Open Lien Mortgage Recording Date: Jan 22, 2018
  • Third Open Lien Mortgage Loan Amount: $400,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Due Date: Jan 22, 2048

    Market Valuation

  • Market Total Value: $968,351
  • Market Land Value: $321,531
  • Market Improvement Value: $646,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $979,100
  • Assessed Land Value: $325,100
  • Assessed Improvements Value: $654,000

    Sales

  • Current Sale Contract Date: Dec 21, 2006
  • Current Sale Recording Date: Dec 27, 2006
  • Current Sale Transaction ID: 1192764845
  • Current Sale Document Type: Deed

About Bernardsville



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Frequently Asked Questions

What neighborhood is 42 Timber Rock Trail located in?
The 42 Timber Rock Trail is a located in the neighborhood of Somerset in Bernardsville, Bernardsville.
What is the average sales price for listings in 42 Timber Rock Trail?
The average sales price for units in 42 Timber Rock Trail is $0 currently.

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