1 Emerson Rd Somerset, NJ 08873
Somerset NeighborhoodEstimated Value: $470,000 - $512,959
--
Bed
--
Bath
1,524
Sq Ft
$323/Sq Ft
Est. Value
About This Home
This home is located at 1 Emerson Rd, Somerset, NJ 08873 and is currently estimated at $492,740, approximately $323 per square foot. 1 Emerson Rd is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2022
Sold by
Mitzen and Estelle
Bought by
Baab Jeffrey E and Baab Kelly S
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
$343,660
Outstanding Balance
$333,050
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$150,341
Purchase Details
Closed on
Nov 15, 2013
Sold by
Mitzen Joseh and Volpe Estelle
Bought by
Mitzen Joseph and Mitzen Estelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2007
Sold by
Mitzen Joseph
Bought by
Mitzen Joseph and Volpe Estelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
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 |
---|---|---|---|
Baab Jeffrey E | $350,000 | None Listed On Document | |
Mitzen Joseph | -- | Stewart Title Guaranty Co | |
Mitzen Joseph | -- | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Baab Jeffrey E | $343,660 | |
Previous Owner | Mitzen Joseph | $226,800 | |
Previous Owner | Mitzen Joseph | $100,000 |
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 |
---|---|---|---|---|
2024 | $8,706 | $478,900 | $291,300 | $187,600 |
2023 | $8,350 | $432,400 | $244,800 | $187,600 |
2022 | $7,987 | $391,900 | $204,300 | $187,600 |
2021 | $7,684 | $346,900 | $159,300 | $187,600 |
2020 | $7,548 | $333,400 | $145,800 | $187,600 |
2019 | $7,468 | $324,400 | $136,800 | $187,600 |
2018 | $7,127 | $306,400 | $118,800 | $187,600 |
2017 | $7,151 | $306,400 | $118,800 | $187,600 |
2016 | $7,203 | $306,400 | $118,800 | $187,600 |
2015 | $7,049 | $301,900 | $114,300 | $187,600 |
2014 | $6,929 | $301,000 | $113,400 | $187,600 |
Source: Public Records
Map
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