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43 Julie Court

43 Julie Court, Somerset, NJ 08873
Property in Somerset
Sold Jan 05, 2022
$760,000
$435,000 by American Finance House Lariba
Mortgage Due Jan 01, 2052
Sold Aug 19, 2002
$450,000
$300,700 by Washington Mutual Bk
Mortgage
Local assessors in Somerset, NJ have categorized 43 Julie Court as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 16,274 square feet. If we look only at the heated or air conditioned part of the building, then 43 Julie Court has a total of 4,514 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. 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, 43 Julie Court sold most recently in Dec 14, 2021 for a total of $760,000. If you work out the math, that's approximately a cost of $168.37 per sqft. Before that, the property was also sold for $450,000 in Aug 13, 2002. 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 $13,677 in taxes each year. 43 Julie Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $711,600. If we break it down further, the land itself was valued at $284,100. Improvements to the property, however, were assessed at a total of $427,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,274
  • Total Building Area: 4,514
  • Building Area: 4,514
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,514
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.374
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SAEED AFZAL
  • Current Owner 2: SAEED SYEDA
  • Previous Owner : HU WAYNE
  • Previous Owner 2: HU LUCIA
  • Owner Before Previous Owner: SEARA SAUL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053406

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 3501
  • District: 08
  • Parcel: 08 00037- 02-00007- 14
  • Block: 37.02
  • Lot: 7.14
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4488
  • Longitude: -74.539

    Address

  • Full Address: 43 Julie Ct
  • Address - House Number: 43
  • Address - Street Name: Julie
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C040
  • 4-Digit Zip Code: 4685
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,677

    Appraisal Valuation

  • Standard Deviation: 0.1434
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 896,217
  • High Value: 1,024,758
  • Low Value: 767,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCE HOUSE LARIBA
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Loan Amount: $435,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $703,788
  • Market Land Value: $280,981
  • Market Improvement Value: $422,807

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $711,600
  • Assessed Land Value: $284,100
  • Assessed Improvements Value: $427,500

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Transaction ID: 11876809901
  • Current Sale Price: $760,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2022000753
  • Previous Sale Recording Date: Aug 19, 2002
  • Previous Sale Contract Date: Aug 13, 2002
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCE HOUSE LARIBA
  • First Mortgage Transaction Date: Jan 05, 2022
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BK
  • Previous Mortgage Transaction Date: Aug 19, 2002
  • Previous Mortgage Loan Amount: $300,700

About Franklin Park



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Frequently Asked Questions

What neighborhood is 43 Julie Court located in?
The 43 Julie Court is a located in the neighborhood of Somerset in Franklin Park, Somerset.
What is the average sales price for listings in 43 Julie Court?
The average sales price for units in 43 Julie Court is $0 currently.

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