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11 Reid Street

11 Reid Street, South Bound Brook, NJ 08880
Property in Somerset
Sold Nov 09, 2005
$255,000
$204,000 by First Interstate Fncl Corp
Mortgage Due Nov 09, 2035
Sold Apr 28, 1999
$123,000
$119,300 by First Town Mtg
Mortgage
11 Reid Street has been categorized by the local assessors in South Bound Brook, NJ as a residential type of property. The building on the property was first built in 1989 and is 35 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 11 Reid Street has 960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 9,840 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. 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. The property was last sold in Nov 9, 2005 for $255,000. That's $265.63 per sqft. Prior to that sales transaction, the property was also sold in Apr 27, 1999 for $123,000. 11 Reid Street was last assessed in 2023. The total value of the property was assessed at $195,000. Specifically, the land the property is located on was valued at $100,000. While improvements on the property were assessed at a total of $95,000. 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 $7,383. 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! 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: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,840
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 800
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : NEROD ROBERT M
  • Current Owner 2: NEROD SANDRA L
  • Previous Owner : FALCETANO LOUIS
  • Owner Before Previous Owner: BOBROWSKI KEVIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Bound Brook Borough School District
  • Census Tract: 053000

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 19
  • District: 19
  • Parcel: 19 00073-0000-00004
  • Block: 73
  • Lot: 4
  • Municipality: SO BOUND BROOK BORO
  • Latitude: 40.548
  • Longitude: -74.5214

    Address

  • Full Address: 11 Reid St
  • Address - House Number: 11
  • Address - Street Name: Reid
  • Address - Suffix Type: St
  • State: NJ
  • City Name: South Bound Brook
  • Carrier Code: C001
  • 4-Digit Zip Code: 1309
  • Zip Code: 08880

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,383

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 342,160
  • High Value: 400,353
  • Low Value: 283,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: FIRST INTERSTATE FNCL CORP
  • First Open Lien Mortgage Recording Date: Nov 09, 2005
  • First Open Lien Mortgage Loan Amount: $204,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 09, 2035

    Market Valuation

  • Market Total Value: $254,902
  • Market Land Value: $130,719
  • Market Improvement Value: $124,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,000
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $95,000

    Sales

  • Current Sale Contract Date: Nov 09, 2005
  • Current Sale Recording Date: Nov 09, 2005
  • Current Sale Transaction ID: 1192803492
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 28, 1999
  • Previous Sale Contract Date: Apr 27, 1999
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERSTATE FNCL CORP
  • First Mortgage Transaction Date: Nov 09, 2005
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TOWN MTG
  • Previous Mortgage Transaction Date: Apr 28, 1999
  • Previous Mortgage Loan Amount: $119,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 11 Reid Street located in?
The 11 Reid Street is a located in the neighborhood of Somerset in South Bound Brook, South Bound Brook.
What is the average sales price for listings in 11 Reid Street?
The average sales price for units in 11 Reid Street is $0 currently.

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