Check Availability

51 Mcguffy Road

51 Mcguffy Road, Somerset, NJ 08873
Property in Somerset
Sold May 27, 2011
$307,000
$411,070 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2042
Sold Dec 08, 2000
$235,000
$223,250 by Weichert Financial
Mortgage
51 Mcguffy Road 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 1975 and is 49 years old. The building has a total of 2 stories. In addition, 51 Mcguffy Road has 1,878 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,770 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 18,939 square feet.

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 are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in May 23, 2011 for $307,000. That's $163.47 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 2000 for $235,000. 51 Mcguffy Road was last assessed in 2023. The total value of the property was assessed at $466,400. Specifically, the land the property is located on was valued at $267,100. While improvements on the property were assessed at a total of $199,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,006. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,939
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,878
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.435
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH RYAN W
  • Current Owner 2: MCCONNELL LASHAWN
  • Previous Owner : NAYYAR KAPIL
  • Previous Owner 2: NAYYAR CHRISTA
  • Owner Before Previous Owner: STOHLMANN JEFF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054302

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 6401
  • District: 08
  • Parcel: 08 00421-0000-00001
  • Block: 421
  • Lot: 1
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4986
  • Longitude: -74.5313

    Address

  • Full Address: 51 Mcguffy Rd
  • Address - House Number: 51
  • Address - Street Name: Mcguffy
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R005
  • 4-Digit Zip Code: 2717
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,006

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 585,230
  • High Value: 675,624
  • Low Value: 494,835

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $739,070
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 04, 2022
  • First Open Lien Mortgage Loan Amount: $411,070
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042
  • Second Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Apr 09, 2020
  • Second Open Lien Mortgage Loan Amount: $328,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $461,280
  • Market Land Value: $264,168
  • Market Improvement Value: $197,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,400
  • Assessed Land Value: $267,100
  • Assessed Improvements Value: $199,300

    Sales

  • Current Sale Contract Date: May 23, 2011
  • Current Sale Recording Date: May 27, 2011
  • Current Sale Transaction ID: 1192783365
  • Current Sale Price: $307,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2011023854
  • Previous Sale Recording Date: Dec 08, 2000
  • Previous Sale Contract Date: Dec 01, 2000
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 27, 2011
  • First Mortgage Loan Amount: $299,217
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL
  • Previous Mortgage Transaction Date: Dec 08, 2000
  • Previous Mortgage Loan Amount: $223,250
  • Previous Mortgage Term: 360

About Middlebush



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 51 Mcguffy Road located in?
The 51 Mcguffy Road is a located in the neighborhood of Somerset in Middlebush, Somerset.
What is the average sales price for listings in 51 Mcguffy Road?
The average sales price for units in 51 Mcguffy Road is $0 currently.

Quantcast