NOT LISTED FOR SALE

1 Madison St Somerville, NJ 08876

Estimated Value: $530,000 - $610,000

3 Beds
2 Baths
-- Sq Ft
10,019 Sq Ft Lot Lot

Sale Details

Date Sold: March 21, 2023

Last sale price $497,000

Est. 13% increase in value since last sale

Current estimated payment $3,900 / mo

64 Days on Market

About This Home

As of March 2023

This home is located at 1 Madison St, Somerville, NJ 08876 since 22 December 2022 and is currently estimated at $562,697. This property was built in 1950. 1 Madison St 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 SONG

COLDWELL BANKER REALTY Brokerage Phone: 908-658-9000 Listed on: 12/22/2022

Last Buyer's Agent

Kira Ibarra-Brumbaugh

KELLER WILLIAMS REAL ESTATE

KELLER WILLIAMS REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Year Built: 1950
  • County Name: Somerset
  • I D: 5195331
  • Attribution Contact: 908-658-9000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 100X100
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Song Ken
Bought by
Sajn Jason and Sajn Diana
Current Estimated Value
$562,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,300
Outstanding Balance
$432,930
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$129,767

Purchase Details

Closed on
Feb 3, 2022
Sold by
Russo Darrin J
Bought by
Song Ken

Purchase Details

Closed on
Mar 9, 2007
Sold by
Bernardo Eleanor
Bought by
Bernardo Eleanor and Dizon Edison M

Purchase Details

Closed on
Jun 8, 2005
Sold by
Frauenheim David J
Bought by
Bernardo Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
5.79%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Douglas Larry
Bought by
Frauenheim Dave and Frauenheim Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Sajn Jason $497,000 First American Title
Sajn Jason $497,000 First American Title
Song Ken $359,262 None Listed On Document
Bernardo Eleanor -- --
Bernardo Eleanor -- None Available
Bernardo Eleanor $352,000 --
Frauenheim Dave $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sajn Jason $447,300
Closed Sajn Jason $447,300
Previous Owner Bernardo Eleanor $281,600
Previous Owner Frauenheim Dave $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2023 03/21/23 Sold $497,000 -0.4% --
02/24/2023 02/24/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $499,000 0.0% --
01/20/2023 01/20/23 Pending -- -- --
12/22/2022 12/22/22 For Sale $499,000 -- --
Source: Garden State MLS

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 $11,009 $278,500 $116,900 $161,600
2024 $11,009 $278,500 $116,900 $161,600
2023 $10,238 $265,100 $116,900 $148,200
2022 $9,970 $265,100 $116,900 $148,200
2021 $9,907 $265,100 $116,900 $148,200
2020 $9,703 $265,100 $116,900 $148,200
2019 $9,636 $265,100 $116,900 $148,200
2018 $9,533 $265,100 $116,900 $148,200
2017 $9,337 $265,100 $116,900 $148,200
2016 $8,958 $265,100 $116,900 $148,200
2015 $8,838 $265,100 $116,900 $148,200
2014 $8,698 $265,100 $116,900 $148,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    KEN SONG

    COLDWELL BANKER REALTY

  • Kira Ibarra-Brumbaugh

    Buyer's Agent in 2023

    Kira Ibarra-Brumbaugh

    KELLER WILLIAMS REAL ESTATE

    (347) 365-0717

    2 in this area

    70 Total Sales

    Kira Ibarra-Brumbaugh
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Map

Source: Garden State MLS

MLS Number: 3822040

Garden State MLS

APN: 18-00014-02-00001

New Jersey Somerset County Somerville 08876

1 Madison St, Somerville, NJ

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