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72 Chestnut Street

72 Chestnut Street, Bridgewater, NJ 08807
Property in Somerset
Sold May 05, 2021
$406,000
$324,800 by Summit Mortgage Bankers Inc
Mortgage Due Mar 01, 2051
Sold May 30, 2017
$90,178
$308,250 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2047
Local assessors in Bridgewater, NJ have categorized 72 Chestnut Street as a residential type of property. The home was built in 1942 and is 82 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,000 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 72 Chestnut Street has a total of 1,530 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 72 Chestnut Street was last sold in Feb 20, 2021 for $406,000. According to our calculations, that's $265.36 per sqft. Prior to that sales transaction, the property was sold for $90,178 in May 16, 2017. Current property owners are expected to pay $7,344 in taxes per year. The property on 72 Chestnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $361,600. To break that down further, the land itself was valued at $163,800. While improvements to the property were assessed at a total of $197,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIU HUI
  • Current Owner 2: LIANG SHENGZONG
  • Previous Owner : SHEDLOSKY MICHAEL
  • Previous Owner 2: RAFFERTY KELLY
  • Owner Before Previous Owner: HOFFMANN BRUCE RICHARD
  • Owner Before Previous Owner 2: HOFFMANN CAROLE ELIABETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050701

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 17
  • Account Number: S001
  • District: 06
  • Parcel: 06 00140-0000-00014
  • Block: 140
  • Lot: 14
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.5613
  • Longitude: -74.65

    Address

  • Full Address: 72 Chestnut St
  • Address - House Number: 72
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C032
  • 4-Digit Zip Code: 2725
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,344

    Appraisal Valuation

  • Standard Deviation: 0.1415
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 514,062
  • High Value: 586,812
  • Low Value: 441,312

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,800
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $324,800
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $373,053
  • Market Land Value: $168,988
  • Market Improvement Value: $204,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,600
  • Assessed Land Value: $163,800
  • Assessed Improvements Value: $197,800

    Sales

  • Current Sale Contract Date: Feb 20, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11835075651
  • Current Sale Price: $406,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021028803
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Contract Date: May 16, 2017
  • Previous Sale Amount: $90,178
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE BANKERS INC
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $324,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: May 30, 2017
  • Previous Mortgage Loan Amount: $308,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Bradley Gardens



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Frequently Asked Questions

What neighborhood is 72 Chestnut Street located in?
The 72 Chestnut Street is a located in the neighborhood of Somerset in Bradley Gardens, Bridgewater.
What is the average sales price for listings in 72 Chestnut Street?
The average sales price for units in 72 Chestnut Street is $0 currently.

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