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14 Drake Road

14 Drake Road, Hillsborough, NJ 08844
House in Somerset
Sold Sep 07, 2021
$469,000
$445,500 by First Savings Bank
Mortgage Due Sep 01, 2051
Sold Jul 30, 1997
$204,000
$184,000 by Jersey Mtg
Mortgage
14 Drake Road in Hillsborough, NJ was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 2 floors. 14 Drake Road has 2,068 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. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 8,625 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There is one available parking space. 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 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, 14 Drake Road was last sold in Aug 30, 2021 for $469,000. According to our calculations, that's $226.79 per sqft. Prior to that sales transaction, the property was sold for $204,000 in Jul 24, 1997. Current property owners are expected to pay $10,240 in taxes per year. The property on 14 Drake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $475,600. To break that down further, the land itself was valued at $269,900. While improvements to the property were assessed at a total of $205,700. 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. 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.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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,068
  • Building Area: 2,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: AKA B149 L53

Ownership

  • Current Owner : SHARJEELULLAH SYED
  • Previous Owner : QUEZADA JOSE P
  • Previous Owner 2: QUEZADA JULIA
  • Owner Before Previous Owner: COSLETT MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Hillsborough Township School District
  • Census Tract: 053707

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 39
  • District: 10
  • Parcel: 10 00149- 08-00016
  • Block: 149.08
  • Lot: 16
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 40.5111
  • Longitude: -74.6802

    Address

  • Full Address: 14 Drake Rd
  • Address - House Number: 14
  • Address - Street Name: Drake
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hillsborough
  • Carrier Code: R007
  • 4-Digit Zip Code: 1111
  • Zip Code: 08844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,240

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 622,635
  • High Value: 720,268
  • Low Value: 525,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $445,500
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Loan Amount: $445,500
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $486,597
  • Market Land Value: $276,141
  • Market Improvement Value: $210,456

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,600
  • Assessed Land Value: $269,900
  • Assessed Improvements Value: $205,700

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11854881127
  • Current Sale Price: $469,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021053854
  • Previous Sale Recording Date: Jul 30, 1997
  • Previous Sale Contract Date: Jul 24, 1997
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS BANK
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $445,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JERSEY MTG
  • Previous Mortgage Transaction Date: Jul 30, 1997
  • Previous Mortgage Loan Amount: $184,000
  • Previous Mortgage Term: 360

About Somerset



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Frequently Asked Questions

What neighborhood is 14 Drake Road located in?
The 14 Drake Road is a house located in the neighborhood of Somerset in Somerset, Hillsborough.
What is the average sales price for listings in 14 Drake Road?
The average sales price for units in 14 Drake Road is $0 currently.

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