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50 Woodhill Street

50 Woodhill Street, Somerset, NJ 08873
Property in Somerset
Sold Dec 09, 2015
$242,000
$193,600 by Bank Of America Na
Mortgage Due Jan 01, 2046
Sold May 12, 2003
$242,000
$238,380 by Chase Manhattan Mtg
Mortgage
50 Woodhill Street has been categorized by the local assessors in Somerset, NJ as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The building has a total of 2 stories. In addition, 50 Woodhill Street has 1,575 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,004 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. 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, 50 Woodhill Street was last sold in Nov 27, 2015 for $242,000. According to our calculations, that's $153.65 per sqft. Prior to that sales transaction, the property was sold for $242,000 in Apr 11, 2003. Current property owners are expected to pay $6,856 in taxes per year. The property on 50 Woodhill Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $356,700. To break that down further, the land itself was valued at $135,000. While improvements to the property were assessed at a total of $221,700. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,004
  • Total Building Area: 1,575
  • Building Area: 1,575
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,575
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.023
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : FOSTER ROLAND
  • Previous Owner : KIRTON FLOYD M
  • Previous Owner 2: KIRTON LUZ Y
  • Owner Before Previous Owner: SCHEFER ROMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 35
  • Account Number: 08900014
  • District: 08
  • Parcel: 08 00037- 02-00003- 01-C0191
  • Block: 37.02
  • Lot: 3.01
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4533
  • Longitude: -74.5283

    Address

  • Full Address: 50 Woodhill St
  • Address - House Number: 50
  • Address - Street Name: Woodhill
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R006
  • 4-Digit Zip Code: 4676
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,856

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 447,034
  • High Value: 508,433
  • Low Value: 385,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,600
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 09, 2015
  • First Open Lien Mortgage Loan Amount: $193,600
  • 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, 2046

    Market Valuation

  • Market Total Value: $352,784
  • Market Land Value: $133,518
  • Market Improvement Value: $219,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,700
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $221,700

    Sales

  • Current Sale Contract Date: Nov 27, 2015
  • Current Sale Recording Date: Dec 09, 2015
  • Current Sale Transaction ID: 1414752094
  • Current Sale Price: $242,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015051445
  • Previous Sale Recording Date: May 12, 2003
  • Previous Sale Contract Date: Apr 11, 2003
  • Previous Sale Amount: $242,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 09, 2015
  • First Mortgage Loan Amount: $193,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG
  • Previous Mortgage Transaction Date: May 12, 2003
  • Previous Mortgage Loan Amount: $238,380
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 50 Woodhill Street located in?
The 50 Woodhill Street is a located in the neighborhood of Somerset in Franklin Park, Somerset.
What is the average sales price for listings in 50 Woodhill Street?
The average sales price for units in 50 Woodhill Street is $0 currently.

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