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7 Old Army Road

7 Old Army Road, Bernardsville, NJ 07924
Property in Somerset
Sold Oct 15, 2021
$480,000
$230,000 by Prosperity Home Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Dec 10, 1996
$214,000
$192,000 by Choice Mtg
Mortgage
7 Old Army Road has been categorized by the local assessors in Bernardsville, NJ as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The building has a total of 2 stories. In addition, 7 Old Army Road has 2,112 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 16,553 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 2 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 Old Army Road was last sold in Oct 7, 2021 for $480,000. According to our calculations, that's $227.27 per sqft. Prior to that sales transaction, the property was sold for $214,000 in Dec 6, 1996. Current property owners are expected to pay $9,097 in taxes per year. The property on 7 Old Army Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $452,800. To break that down further, the land itself was valued at $197,800. While improvements to the property were assessed at a total of $255,000. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WHITE JEFFREY
  • Previous Owner : RUDIN GERALD
  • Previous Owner 2: RUDIN ELIZABETH
  • Owner Before Previous Owner: KASPER FRANCES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Somerset Hills Regional School District
  • Census Tract: 052702

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 42
  • District: 03
  • Parcel: 03 00052-0000-00009
  • Block: 52
  • Lot: 9
  • Municipality: BERNARDSVILLE BORO
  • Latitude: 40.7236
  • Longitude: -74.5686

    Address

  • Full Address: 7 Old Army Rd
  • Address - House Number: 7
  • Address - Street Name: Old Army
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Bernardsville
  • Carrier Code: C002
  • 4-Digit Zip Code: 1843
  • Zip Code: 07924

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,097

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 634,116
  • High Value: 732,557
  • Low Value: 535,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $230,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $447,830
  • Market Land Value: $195,629
  • Market Improvement Value: $252,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,800
  • Assessed Land Value: $197,800
  • Assessed Improvements Value: $255,000

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11859898208
  • Current Sale Price: $480,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021061460
  • Previous Sale Recording Date: Dec 10, 1996
  • Previous Sale Contract Date: Dec 06, 1996
  • Previous Sale Amount: $214,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHOICE MTG
  • Previous Mortgage Transaction Date: Dec 10, 1996
  • Previous Mortgage Loan Amount: $192,000
  • Previous Mortgage Term: 360

About Bernardsville



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Frequently Asked Questions

What neighborhood is 7 Old Army Road located in?
The 7 Old Army Road is a located in the neighborhood of Somerset in Bernardsville, Bernardsville.
What is the average sales price for listings in 7 Old Army Road?
The average sales price for units in 7 Old Army Road is $0 currently.

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