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63 Loft Drive

63 Loft Drive, Martinsville, NJ 08836
Townhouse in Somerset
63 Loft Drive in Martinsville, NJ was first built in 1998 and is 26 years old. This has been categorized as a residential property type. 63 Loft Drive has 2,022 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. In total, the area measurement of the land is 1,340 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 12, 2021 for $565,000. That's $279.43 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 2006 for $530,000. 63 Loft Drive was last assessed in 2023. The total value of the property was assessed at $547,000. Specifically, the land the property is located on was valued at $217,000. While improvements on the property were assessed at a total of $330,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,852. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20201102
11/02/2020
3 Bed
4 Bath
-
$599,900
bedrooms
3 Bed
bathrooms
4 Bath
$565,000 -5.82%
04/16/2021
CINDY S FREUND

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: 1,340
  • Total Building Area: 2,022
  • Building Area: 2,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOFT FARM AT MARTINSVILLE
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CABRAL ANTONIO A
  • Current Owner 2: CABRAL PAULA
  • Previous Owner : BURLEW MANUELA
  • Previous Owner 2: ONACKI MANUELA
  • Owner Before Previous Owner: UPDIKE DENNIS L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

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- 01-00112
  • Block: 802.01
  • Lot: 112
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5964
  • Longitude: -74.5583

    Address

  • Full Address: 63 Loft Dr
  • Address - House Number: 63
  • 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: $10,852

    Appraisal Valuation

  • Standard Deviation: 0.1523
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 696,146
  • High Value: 802,211
  • Low Value: 590,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: SANTANDER BANK NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2031

    Market Valuation

  • Market Total Value: $564,325
  • Market Land Value: $223,873
  • Market Improvement Value: $340,452

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $547,000
  • Assessed Land Value: $217,000
  • Assessed Improvements Value: $330,000

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11833925795
  • Current Sale Price: $565,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021024627
  • Previous Sale Recording Date: Aug 14, 2006
  • Previous Sale Contract Date: Aug 09, 2006
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SANTANDER BANK NA
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2031

About Martinsville



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Frequently Asked Questions

What neighborhood is 63 Loft Drive located in?
The 63 Loft Drive is a townhouse located in the neighborhood of Somerset in Martinsville, Martinsville.
What is the average sales price for listings in 63 Loft Drive?
The average sales price for units in 63 Loft Drive is $579,900 currently.

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