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254 Somerset Street

254 Somerset Street, New Brunswick, NJ 08901
Property in Middlesex
Sold Apr 23, 1997
$111,000
254 Somerset Street has been categorized by the local assessors in New Brunswick, NJ as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The building has a total of 2 stories. In addition, 254 Somerset Street has 1,710 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 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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, 254 Somerset Street was last sold in Feb 18, 1997 for $111,000. According to our calculations, that's $64.91 per sqft. Current property owners are expected to pay $5,478 in taxes per year. The property on 254 Somerset Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $220,100. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $140,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : KNOX JOSEPH
  • Previous Owner : KRAUSSE DOLORES
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: New Brunswick City School District
  • Census Tract: 005300

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: TAX MAP 2000
  • Account Number: 00018450
  • District: 13
  • Parcel: 13 00096-0000-00024
  • Block: 96
  • Lot: 24
  • Municipality: NEW BRUNSWICK CITY
  • Latitude: 40.4935
  • Longitude: -74.4545

    Address

  • Full Address: 254 Somerset St
  • Address - House Number: 254
  • Address - Street Name: Somerset
  • Address - Suffix Type: St
  • State: NJ
  • City Name: New Brunswick
  • Carrier Code: C023
  • 4-Digit Zip Code: 2249
  • Zip Code: 08901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,478

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 423,849
  • High Value: 495,063
  • Low Value: 352,634

    Market Valuation

  • Market Total Value: $220,100
  • Market Land Value: $80,000
  • Market Improvement Value: $140,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,100
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $140,100

    Sales

  • Current Sale Contract Date: Feb 18, 1997
  • Current Sale Recording Date: Apr 23, 1997
  • Current Sale Transaction ID: 1121631848
  • Current Sale Price: $111,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BK
  • First Mortgage Transaction Date: Apr 23, 1997
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360

About New Brunswick



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Frequently Asked Questions

What neighborhood is 254 Somerset Street located in?
The 254 Somerset Street is a located in the neighborhood of Middlesex in New Brunswick, New Brunswick.
What is the average sales price for listings in 254 Somerset Street?
The average sales price for units in 254 Somerset Street is $0 currently.

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