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521 Canal Road

521 Canal Road, Somerset, NJ 08873
Property in Somerset
2 Units For Sale
Unit for sale at 521 Canal Rd, Franklin Twp., NJ 08873

$999,000

  • 9 Beds
521 Canal Rd, Franklin Twp., NJ 08873 Listing by James C. Finkel

Unit for sale at 521 Canal Road, Franklin Twp., NJ 08873

$999,000

  • 9 Beds
  • 5 Baths
521 Canal Road, Franklin Twp., NJ 08873 Listing by James C. Finkel

This has been categorized as a unknown property type. There are a total of 2 floors. In total, the area measurement of the land is 130,680 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 unknown 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. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 521 Canal Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $589,300. If we break it down further, the land itself was valued at $243,500. Improvements to the property, however, were assessed at a total of $345,800. The property's total assessed value has been marked as more than the total market value 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.

Building Features

Building Style

Colonial

Parking

Open Parking

Exterior

Metal Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 3,915
  • Gross Building Area: 3,915
  • Building Area: 3,915
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 3
  • Legal Description 1: FACILITY NAME: RESIDENCE

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053405

Zoning

  • Zoning: CP

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 08
  • Parcel: 08 00059- 01-00018- 03
  • Block: 59.01
  • Lot: 18.03
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4852
  • Longitude: -74.5756

    Address

  • Full Address: 521 Canal Rd
  • Address - House Number: 521
  • Address - Street Name: Canal
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R005
  • 4-Digit Zip Code: 7323
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $582,831
  • Market Land Value: $240,827
  • Market Improvement Value: $342,004

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,300
  • Assessed Land Value: $243,500
  • Assessed Improvements Value: $345,800

About Blackwells Mills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 521 Canal Road located in?
The 521 Canal Road is a located in the neighborhood of Somerset in Blackwells Mills, Somerset.
How many listings are currently for sale in 521 Canal Road?
521 Canal Road has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 521 Canal Road?
The average sales price for units in 521 Canal Road is $999,000 currently.

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