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61 Loft Drive

61 Loft Drive, Martinsville, NJ 08836
Townhouse in Somerset
61 Loft Drive has been categorized by the local assessors in Martinsville, NJ as a residential type of property. The building on the property was first built in 1998 and is 26 years old. In addition, 61 Loft Drive has 1,948 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 1,255 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. 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, 61 Loft Drive was last sold in Aug 22, 2023 for $645,000. According to our calculations, that's $331.11 per sqft. Prior to that sales transaction, the property was sold for $560,000 in Aug 13, 2021. Current property owners are expected to pay $10,476 in taxes per year. The property on 61 Loft Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $528,000. To break that down further, the land itself was valued at $217,000. While improvements to the property were assessed at a total of $311,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Pet Policy

Dogs Allowed / Cats Allowed

Parking

Garage Parking
Attached Garage
On-Street Parking

Swimming Pool

Outdoor Pool
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230622
06/22/2023
Loft
3 Bath
-
$630,000
bedrooms
Loft
bathrooms
3 Bath
$645,000 +2.38%
08/23/2023
-
SIMI KAPOOR
RE/MAX Real Estate
20210617
06/17/2021
3 Bed
3 Bath
-
$529,800
bedrooms
3 Bed
bathrooms
3 Bath
$560,000 +5.70%
08/23/2021
MICHELE KLUG
KELLER WILLIAMS TOWNE SQUARE REAL

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,255
  • Total Building Area: 1,948
  • Building Area: 1,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOFT FARM AT MARTINSVILLE
  • Land Acres: 0.028
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ANSARI BAHAR
  • Previous Owner : SIDDIQUI SANIA
  • Previous Owner 2: SIDDIQUI SHAYAN
  • Owner Before Previous Owner: BERNSTEIN MATTHEW
  • Owner Before Previous Owner 2: BERNSTEIN EMILY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050903

Zoning

  • Zoning: MDU8

Geography

  • Assessors Map Reference: TAX MAP 68.1
  • Account Number: S001
  • District: 06
  • Parcel: 06 00802- 01-00111
  • Block: 802.01
  • Lot: 111
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5963
  • Longitude: -74.5584

    Address

  • Full Address: 61 Loft Dr
  • Address - House Number: 61
  • Address - Street Name: Loft
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Martinsville
  • Carrier Code: R003
  • 4-Digit Zip Code: 2257
  • Zip Code: 08836

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,476

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 643,524
  • High Value: 768,301
  • Low Value: 518,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $483,750
  • First Open Lien Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Aug 25, 2023
  • First Open Lien Mortgage Loan Amount: $483,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $544,723
  • Market Land Value: $223,873
  • Market Improvement Value: $320,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,000
  • Assessed Land Value: $217,000
  • Assessed Improvements Value: $311,000

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Transaction ID: 11911736409
  • Current Sale Price: $645,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 22272
  • Previous Sale Recording Date: Aug 23, 2021
  • Previous Sale Contract Date: Aug 13, 2021
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Aug 25, 2023
  • First Mortgage Loan Amount: $483,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UIF CORPORATION
  • Previous Mortgage Transaction Date: Aug 23, 2021
  • Previous Mortgage Loan Amount: $448,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Martinsville



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Frequently Asked Questions

What neighborhood is 61 Loft Drive located in?
The 61 Loft Drive is a townhouse located in the neighborhood of Somerset in Martinsville, Martinsville.
What is the average sales price for listings in 61 Loft Drive?
The average sales price for units in 61 Loft Drive is $529,800 currently.

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