47 Rutgers Drive

Local assessors in Newark, NJ have categorized 47 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 47 Rutgers Drive has a total of 1,526 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, 47 Rutgers Drive sold most recently in May 27, 2021 for a total of $345,000. If you work out the math, that's approximately a cost of $226.08 per sqft. Before that, the property was also sold for $197,500 in Jan 8, 2004. 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 $8,462 in taxes each year. 47 Rutgers Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $226,500. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $191,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.