43 Margarete Drive

Local assessors in Elmer, NJ have categorized 43 Margarete Drive as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 20,473 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 43 Margarete Drive has a total of 2,004 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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, 43 Margarete Drive was last sold in Sep 2, 2020 for $225,000. According to our calculations, that's $112.28 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Mar 29, 1995. Current property owners are expected to pay $7,616 in taxes per year. The property on 43 Margarete Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,700. To break that down further, the land itself was valued at $64,800. While improvements to the property were assessed at a total of $124,900. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.