55 Hermann Street

Local assessors in Carteret, NJ have categorized 55 Hermann Street as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. If we look only at the heated or air conditioned part of the building, then 55 Hermann Street has a total of 1,200 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. 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, 55 Hermann Street was last sold in Nov 15, 2016 for $378,000. According to our calculations, that's $315.00 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Feb 17, 2016. Current property owners are expected to pay $10,325 in taxes per year. The property on 55 Hermann Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $341,900. To break that down further, the land itself was valued at $125,000. While improvements to the property were assessed at a total of $216,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.