Check Availability

561 Post Lane

561 Post Lane, Somerset, NJ 08873
Property in Somerset
561 Post Lane 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 2005 and is 19 years old. In addition, 561 Post Lane has 2,217 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 6,752 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. The property was last sold in Feb 21, 2023 for $595,000. That's $268.38 per sqft. Prior to that sales transaction, the property was also sold in Mar 31, 2014 for $43,000. 561 Post Lane was last assessed in 2023. The total value of the property was assessed at $512,100. Specifically, the land the property is located on was valued at $269,600. While improvements on the property were assessed at a total of $242,500. 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 $9,889. 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.

Building Features

Building Style

Ranch

Parking

Garage Parking

Driveway

Driveway

Swimming Pool

Outdoor Pool
Indoor Pool

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,752
  • Total Building Area: 2,217
  • Building Area: 2,217
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,217
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET RUN
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KRISHNAMACHARI KALYANI
  • Current Owner 2: KRISHNAMACHARI BHUMA
  • Previous Owner : RALPH AND GLORIA PILEGGI TRUST
  • Owner Before Previous Owner: FARINELLA FRANK
  • Owner Before Previous Owner 2: FARINELLA ELIZABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054301

Zoning

  • Zoning: SCV

Geography

  • Assessors Map Reference: TAX MAP 75
  • District: 08
  • Parcel: 08 00507- 36-00003
  • Block: 507.36
  • Lot: 3
  • Municipality: FRANKLIN TWP
  • Latitude: 40.519
  • Longitude: -74.5303

    Address

  • Full Address: 561 Post Ln
  • Address - House Number: 561
  • Address - Street Name: Post
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R008
  • 4-Digit Zip Code: 6064
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,889

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 618,747
  • High Value: 713,889
  • Low Value: 523,605

    Market Valuation

  • Market Total Value: $506,478
  • Market Land Value: $266,640
  • Market Improvement Value: $239,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $512,100
  • Assessed Land Value: $269,600
  • Assessed Improvements Value: $242,500

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Transaction ID: 11903749540
  • Current Sale Price: $595,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 6555
  • Previous Sale Recording Date: Apr 07, 2014
  • Previous Sale Contract Date: Mar 31, 2014
  • Previous Sale Amount: $43,000
  • Previous Sale Document Type: Deed

About Franklin Center



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 125 Selby Ct, Franklin Twp., NJ, 08873-4788

$2,500 /mo

  • 2 Beds
  • 2.5 Baths
125 Selby Ct, Franklin Twp., NJ, 08873-4788 Listing by DAWN MASCIA

Frequently Asked Questions

What neighborhood is 561 Post Lane located in?
The 561 Post Lane is a located in the neighborhood of Somerset in Franklin Center, Somerset.
What is the average sales price for listings in 561 Post Lane?
The average sales price for units in 561 Post Lane is $0 currently.

Quantcast