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176 Somerville Road

176 Somerville Road, Bedminster, NJ 07921
Property in Somerset
Sold Nov 05, 1999
$225,000
Buyer
Seller
$255,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2039
176 Somerville Road has been categorized by the local assessors in Bedminster, NJ as a residential type of property. The building on the property was first built in 1961 and is 63 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 176 Somerville Road has 1,339 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 23,522 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. 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, 176 Somerville Road sold most recently in Oct 30, 1999 for a total of $225,000. If you work out the math, that's approximately a cost of $168.04 per sqft. 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 $5,743 in taxes each year. 176 Somerville Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $428,600. If we break it down further, the land itself was valued at $239,800. Improvements to the property, however, were assessed at a total of $188,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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: 1961
  • Effective Year Built: 1961
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 1,339
  • Building Area: 1,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,339
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WALSH SHARON
  • Previous Owner : SIPEL GEORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedminster Township School District
  • Census Tract: 052904

Zoning

  • Zoning: VN2

Geography

  • Assessors Map Reference: TAX MAP 10.4
  • District: 01
  • Parcel: 01 00036-0000-00007
  • Block: 36
  • Lot: 7
  • Municipality: BEDMINSTER TWP
  • Latitude: 40.6776
  • Longitude: -74.6449

    Address

  • Full Address: 176 Somerville Rd
  • Address - House Number: 176
  • Address - Street Name: Somerville
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Bedminster
  • Carrier Code: R001
  • 4-Digit Zip Code: 2636
  • Zip Code: 07921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,743

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 538,899
  • High Value: 612,916
  • Low Value: 464,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $255,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 30, 2009
  • First Open Lien Mortgage Loan Amount: $255,000
  • 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, 2039

    Market Valuation

  • Market Total Value: $430,364
  • Market Land Value: $240,787
  • Market Improvement Value: $189,577

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,600
  • Assessed Land Value: $239,800
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Oct 30, 1999
  • Current Sale Recording Date: Nov 05, 1999
  • Current Sale Transaction ID: 1192756053
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORWEST MTG
  • First Mortgage Transaction Date: Nov 05, 1999
  • First Mortgage Loan Amount: $206,550
  • First Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 176 Somerville Road located in?
The 176 Somerville Road is a located in the neighborhood of Somerset in Somerset, Bedminster.
What is the average sales price for listings in 176 Somerville Road?
The average sales price for units in 176 Somerville Road is $0 currently.

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