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502 Andrew Street

502 Andrew Street, Dunellen, NJ 08812
Property in Somerset
Sold Apr 17, 2017
$525,000
$420,000 by Ethos Lending Llc
Mortgage Due May 01, 2047
Sold Jul 10, 1996
$260,000
$180,000 by Korea 1st Bk
Mortgage
Local assessors in Dunellen, NJ have categorized 502 Andrew Street as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 22,216 square feet. If we look only at the heated or air conditioned part of the building, then 502 Andrew Street has a total of 2,438 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 502 Andrew Street sold most recently in Apr 17, 2017 for a total of $525,000. If you work out the math, that's approximately a cost of $215.34 per sqft. Before that, the property was also sold for $260,000 in Jul 3, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,605 in taxes each year. 502 Andrew Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $635,000. If we break it down further, the land itself was valued at $235,500. Improvements to the property, however, were assessed at a total of $399,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 2,438
  • Building Area: 2,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,438
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIU ZAIWEI
  • Current Owner 2: LI BO
  • Previous Owner : LIM MIN HO
  • Previous Owner 2: KANG MIAE
  • Owner Before Previous Owner: SEIDNER ASSOC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Green Brook Township School District
  • Census Tract: 052100

Zoning

  • Zoning: SMD

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 09
  • Parcel: 09 00116-0000-00013- 12
  • Block: 116
  • Lot: 13.12
  • Municipality: GREEN BROOK TWP
  • Latitude: 40.6039
  • Longitude: -74.4799

    Address

  • Full Address: 502 Andrew St
  • Address - House Number: 502
  • Address - Street Name: Andrew
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Green Brook
  • Carrier Code: C001
  • 4-Digit Zip Code: 1900
  • Zip Code: 08812

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,605

    Appraisal Valuation

  • Standard Deviation: 0.1454
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 764,821
  • High Value: 876,050
  • Low Value: 653,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: ETHOS LENDING LLC
  • First Open Lien Mortgage Recording Date: Apr 17, 2017
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: May 01, 2047

    Market Valuation

  • Market Total Value: $627,409
  • Market Land Value: $232,685
  • Market Improvement Value: $394,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,000
  • Assessed Land Value: $235,500
  • Assessed Improvements Value: $399,500

    Sales

  • Current Sale Contract Date: Apr 17, 2017
  • Current Sale Recording Date: Apr 17, 2017
  • Current Sale Transaction ID: 1807317311
  • Current Sale Price: $525,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017015192
  • Previous Sale Recording Date: Jul 10, 1996
  • Previous Sale Contract Date: Jul 03, 1996
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ETHOS LENDING LLC
  • First Mortgage Transaction Date: Apr 17, 2017
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: KOREA 1ST BK
  • Previous Mortgage Transaction Date: Jul 10, 1996
  • Previous Mortgage Loan Amount: $180,000

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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 502 Andrew Street located in?
The 502 Andrew Street is a located in the neighborhood of Somerset in Somerset, Dunellen.
What is the average sales price for listings in 502 Andrew Street?
The average sales price for units in 502 Andrew Street is $0 currently.

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