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920 Merritt Drive

920 Merritt Drive, Hillsborough, NJ 08844
Property in Somerset
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Local assessors in Hillsborough, NJ have categorized 920 Merritt Drive as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 705 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. If we look only at the heated or air conditioned part of the building, then 920 Merritt Drive has a total of 1,401 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $6,326 in taxes per year. The property on 920 Merritt Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $293,800. To break that down further, the land itself was valued at $135,000. While improvements to the property were assessed at a total of $158,800. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Business/Commerical Units Count: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 705
  • Total Building Area: 1,401
  • Building Area: 1,401
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,401
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET PARK BLDG 07
  • Land Acres: 0.016
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: AKA B 163.G

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053705

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 163.08
  • District: 10
  • Parcel: 10-00163-08-00001-0000-C0703
  • Block: 163.0
  • Lot: 1
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.5015
  • Longitude: -74.6677

    Address

  • Full Address: 920-c Merritt Dr
  • Address - House Number: 920-c
  • Address - Street Name: Merritt
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: C062
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,326
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.1379
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 379,558
  • High Value: 431,914
  • Low Value: 327,202

    Market Valuation

  • Market Total Value: $300,594
  • Market Land Value: $138,122
  • Market Improvement Value: $162,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,800
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $158,800

About Somerset



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Frequently Asked Questions

What neighborhood is 920 Merritt Drive located in?
The 920 Merritt Drive is a located in the neighborhood of Somerset in Somerset, Hillsborough.
What is the average sales price for listings in 920 Merritt Drive?
The average sales price for units in 920 Merritt Drive is $0 currently.

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