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841 Papen Road

841 Papen Road, Bridgewater, NJ 08807
Property in Somerset
Sold Oct 05, 2021
$472,500
$448,875 by United Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Jul 26, 2017
$427,000
$384,300 by Caliber Home Loans Inc
Mortgage Due Aug 01, 2047
841 Papen Road in Bridgewater, NJ was first built in 1952 and is 72 years old. This has been categorized as a residential property type. It is a single story home. 841 Papen Road has 1,952 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 42,689 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with stone control joints. The exterior walls of the home are made of rock and stone. The property was last sold in Sep 27, 2021 for $472,500. That's $242.06 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2017 for $427,000. 841 Papen Road was last assessed in 2023. The total value of the property was assessed at $493,000. Specifically, the land the property is located on was valued at $350,000. While improvements on the property were assessed at a total of $143,000. 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 $9,781. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Construction Type: Stone
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 1,952
  • Building Area: 1,952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RUSSO STEVEN
  • Previous Owner : NADOLNY MICHAL
  • Previous Owner 2: NADOLNY MICHELE A
  • Owner Before Previous Owner: VAN H LE LLC
  • Owner Before Previous Owner 2: LE VAN H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bridgewater-Raritan Regional School District
  • Census Tract: 050901

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 33
  • Account Number: S001
  • District: 06
  • Parcel: 06 00631-0000-00039
  • Block: 631
  • Lot: 39
  • Municipality: BRIDGEWATER TWP
  • Latitude: 40.6151
  • Longitude: -74.6092

    Address

  • Full Address: 841 Papen Rd
  • Address - House Number: 841
  • Address - Street Name: Papen
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Bridgewater
  • Carrier Code: C044
  • 4-Digit Zip Code: 1312
  • Zip Code: 08807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,781

    Appraisal Valuation

  • Standard Deviation: 0.1525
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 647,327
  • High Value: 746,098
  • Low Value: 548,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $448,875
  • First Open Lien Mortgage Lender: UNITED MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $448,875
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $508,614
  • Market Land Value: $361,085
  • Market Improvement Value: $147,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,000
  • Assessed Land Value: $350,000
  • Assessed Improvements Value: $143,000

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11858726956
  • Current Sale Price: $472,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021059315
  • Previous Sale Recording Date: Jul 26, 2017
  • Previous Sale Contract Date: Jul 20, 2017
  • Previous Sale Amount: $427,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $448,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 26, 2017
  • Previous Mortgage Loan Amount: $384,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Martinsville



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Frequently Asked Questions

What neighborhood is 841 Papen Road located in?
The 841 Papen Road is a located in the neighborhood of Somerset in Martinsville, Bridgewater.
What is the average sales price for listings in 841 Papen Road?
The average sales price for units in 841 Papen Road is $0 currently.

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