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110 Spencer Road

110 Spencer Road, Basking Ridge, NJ 07920
Property in Somerset
Sold Jul 23, 2018
$590,000
Sold Oct 17, 2011
$437,500
$426,382 by Kwik Mortgage Corporation
Mortgage Due May 01, 2041
110 Spencer Road has been categorized by the local assessors in Basking Ridge, NJ as a residential type of property. The building on the property was first built in 1950 and is 74 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 110 Spencer Road has 1,992 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 30,492 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. 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. 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, 110 Spencer Road was last sold in Jul 23, 2018 for $590,000. According to our calculations, that's $296.18 per sqft. Prior to that sales transaction, the property was sold for $437,500 in Mar 21, 2011. Current property owners are expected to pay $11,497 in taxes per year. The property on 110 Spencer Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $609,600. To break that down further, the land itself was valued at $344,300. While improvements to the property were assessed at a total of $265,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BASKING RIDGE
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CONKLIN MICHAEL J
  • Current Owner 2: CONKLIN JANE K
  • Previous Owner : AHN DENNIS
  • Previous Owner 2: PARK MIKYUNG
  • Owner Before Previous Owner: ALBERS ANITA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bernards Township School District
  • Census Tract: 052400

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 02
  • Parcel: 02 01806-0000-00025
  • Block: 1806
  • Lot: 25
  • Municipality: BERNARDS TWP
  • Latitude: 40.6986
  • Longitude: -74.5527

    Address

  • Full Address: 110 Spencer Rd
  • Address - House Number: 110
  • Address - Street Name: Spencer
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Basking Ridge
  • Carrier Code: C006
  • 4-Digit Zip Code: 1849
  • Zip Code: 07920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,497

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 807,075
  • High Value: 918,080
  • Low Value: 696,069

    Market Valuation

  • Market Total Value: $608,809
  • Market Land Value: $343,853
  • Market Improvement Value: $264,956

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,600
  • Assessed Land Value: $344,300
  • Assessed Improvements Value: $265,300

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Jul 23, 2018
  • Current Sale Transaction ID: 11498528451
  • Current Sale Price: $590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018027443
  • Previous Sale Recording Date: Oct 17, 2011
  • Previous Sale Contract Date: Mar 21, 2011
  • Previous Sale Amount: $437,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 23, 2018
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: KWIK MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Oct 17, 2011
  • Previous Mortgage Loan Amount: $426,382
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 110 Spencer Road located in?
The 110 Spencer Road is a located in the neighborhood of Somerset in Somerset, Basking Ridge.
What is the average sales price for listings in 110 Spencer Road?
The average sales price for units in 110 Spencer Road is $0 currently.

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