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48 Preston Drive

48 Preston Drive, Somerville, NJ 08876
Property in Somerset
Sold Aug 06, 1996
$218,000
Sold Jan 24, 1992
Transfer
48 Preston Drive has been categorized by the local assessors in Somerville, NJ as a residential type of property. The building on the property was first built in 1958 and is 66 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 48 Preston Drive has 1,866 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 3,790 ft and across the front of the lot is 1,270 ft. The area measurement of the land has been determined as 47,480 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 garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. The exterior walls of the building are made of alum/vinyl siding. 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, 48 Preston Drive was last sold in Jul 31, 1996 for $218,000. According to our calculations, that's $116.83 per sqft. Current property owners are expected to pay $8,206 in taxes per year. The property on 48 Preston Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $438,600. To break that down further, the land itself was valued at $180,800. While improvements to the property were assessed at a total of $257,800. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 47,480
  • Lot Size Depth Feet: 3,790
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,866
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.09
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KOWALENKO BRENT
  • Current Owner 2: BAKER HOLLY
  • Previous Owner : BARKAUSKAS JOE
  • Owner Before Previous Owner: BARKAUSKAS JOSEPH E
  • Owner Before Previous Owner 2: BARKAUSKAS ROSEMARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Branchburg Township School District
  • Census Tract: 053603

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: TAX MAP 15
  • District: 05
  • Parcel: 05 00037-0000-00016
  • Block: 37
  • Lot: 16
  • Municipality: BRANCHBURG TWP
  • Latitude: 40.5739
  • Longitude: -74.6889

    Address

  • Full Address: 48 Preston Dr
  • Address - House Number: 48
  • Address - Street Name: Preston
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Branchburg
  • Carrier Code: C075
  • 4-Digit Zip Code: 3650
  • Zip Code: 08876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,206

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 570,420
  • High Value: 659,789
  • Low Value: 481,051

    Market Valuation

  • Market Total Value: $449,892
  • Market Land Value: $185,455
  • Market Improvement Value: $264,437

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,600
  • Assessed Land Value: $180,800
  • Assessed Improvements Value: $257,800

    Sales

  • Current Sale Contract Date: Jul 31, 1996
  • Current Sale Recording Date: Aug 06, 1996
  • Current Sale Transaction ID: 1192767177
  • Current Sale Price: $218,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 24, 1992
  • Previous Sale Contract Date: Jan 14, 1992
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MTG
  • First Mortgage Transaction Date: Aug 06, 1996
  • First Mortgage Loan Amount: $148,000

About Somerset



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Frequently Asked Questions

What neighborhood is 48 Preston Drive located in?
The 48 Preston Drive is a located in the neighborhood of Somerset in Somerset, Somerville.
What is the average sales price for listings in 48 Preston Drive?
The average sales price for units in 48 Preston Drive is $0 currently.

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