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50 Maxwell Terrace

50 Maxwell Terrace, Bridgewater, NJ 08807
Property in Somerset
Sold Nov 30, 1999
$687,500
Sold Mar 01, 1995
$554,575
$340,000 by Boiling Springs Sav
Mortgage
50 Maxwell Terrace in Bridgewater, NJ was first built in 1995 and is 29 years old. This has been categorized as a residential property type. There are a total of 2 floors. 50 Maxwell Terrace has 4,905 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 20,473 square feet.

Learn more about the property and building on this page. 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. 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, 50 Maxwell Terrace sold most recently in Nov 30, 1999 for a total of $687,500. If you work out the math, that's approximately a cost of $140.16 per sqft. Before that, the property was also sold for $554,575 in Feb 27, 1995. 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 $22,251 in taxes each year. 50 Maxwell Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,121,500. If we break it down further, the land itself was valued at $273,500. Improvements to the property, however, were assessed at a total of $848,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 4,905
  • Building Area: 4,905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,905
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAZAR ERIC
  • Current Owner 2: LAZAR AMY
  • Previous Owner : CHEN CALVIN
  • Owner Before Previous Owner: RUNNING BROOK JT VENTURE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050903

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 86
  • Account Number: S001
  • District: 06
  • Parcel: 06 00656-0000-00012
  • Block: 656
  • Lot: 12
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.6114
  • Longitude: -74.6017

    Address

  • Full Address: 50 Maxwell Ter
  • Address - House Number: 50
  • Address - Street Name: Maxwell
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C020
  • 4-Digit Zip Code: 1451
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,251

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 1,411,615
  • High Value: 1,605,497
  • Low Value: 1,217,733

    Market Valuation

  • Market Total Value: $1,157,020
  • Market Land Value: $282,162
  • Market Improvement Value: $874,858

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,121,500
  • Assessed Land Value: $273,500
  • Assessed Improvements Value: $848,000

    Sales

  • Current Sale Contract Date: Nov 30, 1999
  • Current Sale Recording Date: Nov 30, 1999
  • Current Sale Transaction ID: 1192775045
  • Current Sale Price: $687,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 01, 1995
  • Previous Sale Contract Date: Feb 27, 1995
  • Previous Sale Amount: $554,575
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG
  • First Mortgage Transaction Date: Nov 30, 1999
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: BOILING SPRINGS SAV
  • Previous Mortgage Transaction Date: Mar 01, 1995
  • Previous Mortgage Loan Amount: $340,000
  • Previous Mortgage Term: 360

About Martinsville



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Nearby Rentals

Unit for rent at 10 Peachtree Rd, Bernards Twp., NJ, 07920

$4,800 /mo

  • 3 Beds
  • 2 Baths
10 Peachtree Rd, Bernards Twp., NJ, 07920 Listing by ELLEN LATTERI

Frequently Asked Questions

What neighborhood is 50 Maxwell Terrace located in?
The 50 Maxwell Terrace is a located in the neighborhood of Somerset in Martinsville, Bridgewater.
What is the average sales price for listings in 50 Maxwell Terrace?
The average sales price for units in 50 Maxwell Terrace is $0 currently.

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