1 Bering Way Somerset, NJ 08873
Estimated Value: $848,000 - $959,000
4
Beds
3
Baths
2,466
Sq Ft
$373/Sq Ft
Est. Value
About This Home
This home is located at 1 Bering Way, Somerset, NJ 08873 and is currently estimated at $919,964, approximately $373 per square foot. 1 Bering Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 13, 2008
Sold by
Aldana Julio A and Aldana Denise
Bought by
Patel Harish B
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 2006
Sold by
Mitchell Brian F
Bought by
Aldana Julio A and Aldana Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,000
Interest Rate
6.26%
Purchase Details
Closed on
May 15, 2001
Sold by
Essex Scott
Bought by
Mitchell Brian and Mitchell Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.05%
Purchase Details
Closed on
Dec 12, 1996
Sold by
Sunrise Comm
Bought by
Essex Scott and Essex Marcy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Harish B | $425,000 | Multiple | |
| Aldana Julio A | $620,000 | -- | |
| Mitchell Brian | $402,000 | -- | |
| Essex Scott | $260,127 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Patel Harish B | $225,000 | |
| Previous Owner | Aldana Julio A | $589,000 | |
| Previous Owner | Mitchell Brian | $275,000 | |
| Previous Owner | Essex Scott | $204,000 |
Source: Public Records
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $13,359 | $842,300 | $415,900 | $426,400 |
| 2024 | $13,359 | $734,800 | $415,900 | $318,900 |
| 2023 | $13,030 | $674,800 | $355,900 | $318,900 |
| 2022 | $12,326 | $604,800 | $285,900 | $318,900 |
| 2021 | $11,851 | $534,800 | $215,900 | $318,900 |
| 2020 | $11,655 | $514,800 | $195,900 | $318,900 |
| 2019 | $11,851 | $514,800 | $195,900 | $318,900 |
| 2018 | $11,742 | $504,800 | $185,900 | $318,900 |
| 2017 | $11,315 | $484,800 | $165,900 | $318,900 |
| 2016 | $11,398 | $484,800 | $165,900 | $318,900 |
| 2015 | $11,542 | $494,300 | $175,900 | $318,400 |
| 2014 | $11,010 | $478,300 | $159,900 | $318,400 |
Source: Public Records
Map
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