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550 Bridgewater Avenue

550 Bridgewater Avenue, Bridgewater, NJ 08807
Property in Somerset
Sold Sep 25, 2003
$272,000
$217,600 by Bny Mortgage Company Llc
Mortgage Due Sep 25, 2033
550 Bridgewater Avenue in Bridgewater, NJ was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. 550 Bridgewater Avenue has 988 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. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 14,600 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. 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. 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, 550 Bridgewater Avenue was last sold in Sep 12, 2003 for $272,000. According to our calculations, that's $275.30 per sqft. Current property owners are expected to pay $6,713 in taxes per year. The property on 550 Bridgewater Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $334,500. To break that down further, the land itself was valued at $215,100. While improvements to the property were assessed at a total of $119,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.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: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,600
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 730
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COX JAMES B
  • Current Owner 2: COX CAROLE S
  • Previous Owner : RAMAGLIA MICHAEL R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 051000

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 53
  • Account Number: S001
  • District: 06
  • Parcel: 06 00316-0000-00005
  • Block: 316
  • Lot: 5
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5624
  • Longitude: -74.5848

    Address

  • Full Address: 550 Bridgewater Ave
  • Address - House Number: 550
  • Address - Street Name: Bridgewater
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C046
  • 4-Digit Zip Code: 3216
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,713

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 442,687
  • High Value: 517,976
  • Low Value: 367,398

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $313,400
  • First Open Lien Mortgage Lender: BNY MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Sep 25, 2003
  • First Open Lien Mortgage Loan Amount: $217,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 25, 2033
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Apr 29, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $95,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 17, 2050

    Market Valuation

  • Market Total Value: $345,095
  • Market Land Value: $221,913
  • Market Improvement Value: $123,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,500
  • Assessed Land Value: $215,100
  • Assessed Improvements Value: $119,400

    Sales

  • Current Sale Contract Date: Sep 12, 2003
  • Current Sale Recording Date: Sep 25, 2003
  • Current Sale Transaction ID: 1119491034
  • Current Sale Price: $272,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BNY MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Sep 25, 2003
  • First Mortgage Loan Amount: $217,600
  • First Mortgage Terms: 360

About Finderne



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Frequently Asked Questions

What neighborhood is 550 Bridgewater Avenue located in?
The 550 Bridgewater Avenue is a located in the neighborhood of Somerset in Finderne, Bridgewater.
What is the average sales price for listings in 550 Bridgewater Avenue?
The average sales price for units in 550 Bridgewater Avenue is $0 currently.

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