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7 Cardinal Drive

7 Cardinal Drive, Warren, NJ 07059
Property in Somerset
Sold Dec 27, 2016
$815,000
$625,500 by Phh Home Loans Llc
Mortgage Due Jan 01, 2047
Sold Jul 19, 2002
$765,000
$565,000 by 1st Interstate Fin
Mortgage
7 Cardinal Drive has been categorized by the local assessors in Warren, NJ as a residential type of property. The building on the property was first built in 1987 and is 37 years old. The building has a total of 2 stories. In addition, 7 Cardinal Drive has 3,667 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 44,431 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note 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, 7 Cardinal Drive was last sold in Dec 21, 2016 for $815,000. According to our calculations, that's $222.25 per sqft. Prior to that sales transaction, the property was sold for $765,000 in Jul 12, 2002. Current property owners are expected to pay $16,843 in taxes per year. The property on 7 Cardinal Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $869,100. To break that down further, the land itself was valued at $359,900. While improvements to the property were assessed at a total of $509,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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.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: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 3,667
  • Building Area: 3,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.02
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHILDERS PETER A
  • Current Owner 2: CHILDERS KARLA G
  • Previous Owner : FELDMAN JACOB
  • Previous Owner 2: STROMSWOLD KARIN
  • Owner Before Previous Owner: FAUST PETER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watchung Hills Regional School District
  • Census Tract: 052204

Zoning

  • Zoning: R65

Geography

  • Assessors Map Reference: TAX MAP 19
  • Account Number: 00003510
  • District: 20
  • Parcel: 20 00015-0000-00005- 09
  • Block: 15
  • Lot: 5.09
  • Municipality: WARREN TWP
  • Latitude: 40.6398
  • Longitude: -74.554

    Address

  • Full Address: 7 Cardinal Dr
  • Address - House Number: 7
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Warren
  • Carrier Code: R002
  • 4-Digit Zip Code: 6750
  • Zip Code: 07059

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,843

    Appraisal Valuation

  • Standard Deviation: 0.1402
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 1,141,021
  • High Value: 1,301,070
  • Low Value: 980,972

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $733,418
  • First Open Lien Mortgage Lender: PHH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 27, 2016
  • First Open Lien Mortgage Loan Amount: $625,500
  • 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: Jan 01, 2047
  • Second Open Lien Mortgage Lender: TCF NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Dec 27, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $107,918
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $857,270
  • Market Land Value: $355,001
  • Market Improvement Value: $502,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $869,100
  • Assessed Land Value: $359,900
  • Assessed Improvements Value: $509,200

    Sales

  • Current Sale Contract Date: Dec 21, 2016
  • Current Sale Recording Date: Dec 27, 2016
  • Current Sale Transaction ID: 1982691350
  • Current Sale Price: $815,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016056308
  • Previous Sale Recording Date: Jul 19, 2002
  • Previous Sale Contract Date: Jul 12, 2002
  • Previous Sale Amount: $765,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH HOME LOANS LLC
  • First Mortgage Transaction Date: Dec 27, 2016
  • First Mortgage Loan Amount: $625,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047
  • Second Mortgage Lender: TCF NATIONAL BANK
  • Second Mortgage Transaction Date: Dec 27, 2016
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $107,918
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Dec 23, 2046

    Previous Mortgages

  • Previous Mortgage Lender: 1ST INTERSTATE FIN
  • Previous Mortgage Transaction Date: Jul 19, 2002
  • Previous Mortgage Loan Amount: $565,000
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 7 Cardinal Drive located in?
The 7 Cardinal Drive is a located in the neighborhood of Somerset in Somerset, Warren.
What is the average sales price for listings in 7 Cardinal Drive?
The average sales price for units in 7 Cardinal Drive is $0 currently.

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