NOT LISTED FOR SALE

1 Bell Ave Somerville, NJ 08876

Estimated Value: $482,064 - $636,000

-- Bed
-- Bath
2,400 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $350,000 $146 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,063/month

68 Days on Market

Highlights

  • Central Heating and Cooling System
  • Somerville High School Rated A-
  • Property is in very good condition

About This Home

As of November 2015

This home is located at 1 Bell Ave, Somerville, NJ 08876 since 10 August 2015 and is currently estimated at $569,016, approximately $237 per square foot. This property was built in 1985. 1 Bell Ave is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Agent to Sell the Property

Ken Gehris

USRealty.com, LLP License #BS.0144525 Listed on: 08/10/2015

Last Buyer's Agent

Admin Assistant

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,424

Year Built

  • Built in 1985

Lot Details

  • 7,013

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Additional Features

  • Property is in very good condition
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Maintenance Expense $1

Listing and Financial Details

  • Legal Lot and Block 14.01 / 128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,424

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • CapRate: 5.53
  • Subdivision Name: NONE
  • Directions: From Somerville Circle proceed East on 28 one block. Right on Cornell Blvd. Left on Bell Ave.
  • Architectural Style: Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built Details: RESALE
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Microwave, Oven, Range
  • Flooring: Other
  • Interior Amenities: None

Exterior Features

  • Construction Type: Other
  • Property Condition: Resale, Very Good Condition
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 1.0

Condo/Co-op/Association

  • Amenities: None

Lot Info

  • Current Use: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 35640.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 13000.0

Tax Info

  • Tax Block: 128
  • Tax Lot: 14.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2015
Sold by
Cnj Properties Llc
Bought by
Sciara Angelo J and Sciara Anacristina
Total Days on Market
68
Current Estimated Value
$569,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,746
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Swan Real Estate Holding Co Llc
Bought by
Cnj Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sciara Angelo J $350,000 Attorney
Cnj Properties Llc $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sciara Angelo J $94,746
Previous Owner Cnj Properties Llc $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2015 11/17/15 Sold $350,000 -14.5% $146 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $409,500 -- $171 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,424 $263,700 $126,100 $137,600
2023 $10,184 $263,700 $126,100 $137,600
2022 $9,918 $263,700 $126,100 $137,600
2021 $9,854 $263,700 $126,100 $137,600
2020 $12,177 $332,700 $126,100 $206,600
2019 $12,094 $332,700 $126,100 $206,600
2018 $11,964 $332,700 $126,100 $206,600
2017 $11,718 $332,700 $126,100 $206,600
2016 $11,242 $332,700 $126,100 $206,600
2015 $11,092 $332,700 $126,100 $206,600
2014 $10,916 $332,700 $126,100 $206,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1563442

Las Vegas REALTORS®

APN: 18-00128-0000-00014-01