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7 Baker Way

7 Baker Way, Pennington, NJ 08534
Property in Mercer
Sold Sep 27, 2004
$914,779
$689,000 by Credit Union Nj
Mortgage
Sold Jul 09, 2004
$914,800
7 Baker Way has been categorized by the local assessors in Pennington, NJ as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The building has a total of 2 stories. In addition, 7 Baker Way has 5,553 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 84,942 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 attached garage for those who require parking. According to our sources, there are a total of 3 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. 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, 7 Baker Way was last sold in Jul 9, 2004 for $914,779. According to our calculations, that's $164.74 per sqft. Prior to that sales transaction, the property was sold for $914,800 in Jul 9, 2004. Current property owners are expected to pay $26,105 in taxes per year. The property on 7 Baker Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $872,200. To break that down further, the land itself was valued at $260,300. While improvements to the property were assessed at a total of $611,900. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 84,942
  • Total Building Area: 5,553
  • Building Area: 5,553
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,553
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.95
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SARKAR SALIL
  • Current Owner 2: SARKAR SOMA
  • Previous Owner : HIGH POINT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopewell Valley Regional School District
  • Census Tract: 003800

Zoning

  • Zoning: VRC

Geography

  • Assessors Map Reference: TAX MAP 13
  • District: 06
  • Parcel: 06 00062- 02-00013
  • Block: 62.02
  • Lot: 13
  • Municipality: HOPEWELL TWP
  • Latitude: 40.3285
  • Longitude: -74.8316

    Address

  • Full Address: 7 Baker Way
  • Address - House Number: 7
  • Address - Street Name: Baker
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Pennington
  • Carrier Code: R001
  • 4-Digit Zip Code: 4000
  • Zip Code: 08534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,105

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 80
  • Final Value: 1,166,062
  • High Value: 1,351,635
  • Low Value: 980,489

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: CREDIT UNION NJ
  • First Open Lien Mortgage Recording Date: Sep 27, 2004
  • First Open Lien Mortgage Loan Amount: $689,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: CREDIT UNIION NJ
  • Second Open Lien Mortgage Recording Date: Jan 25, 2008
  • Second Open Lien Mortgage Loan Amount: $211,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $872,200
  • Market Land Value: $260,300
  • Market Improvement Value: $611,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $872,200
  • Assessed Land Value: $260,300
  • Assessed Improvements Value: $611,900

    Sales

  • Current Sale Contract Date: Jul 09, 2004
  • Current Sale Recording Date: Sep 27, 2004
  • Current Sale Transaction ID: 1192146183
  • Current Sale Price: $914,779
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 09, 2004
  • Previous Sale Contract Date: Jul 09, 2004
  • Previous Sale Amount: $914,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CREDIT UNION NJ
  • First Mortgage Transaction Date: Sep 27, 2004
  • First Mortgage Loan Amount: $689,000
  • First Mortgage Terms: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 7 Baker Way located in?
The 7 Baker Way is a located in the neighborhood of Mercer in Mercer, Pennington.
What is the average sales price for listings in 7 Baker Way?
The average sales price for units in 7 Baker Way is $0 currently.

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