NOT LISTED FOR SALE

1 Nostrand Way Somerset, NJ 08873

Estimated Value: $590,000 - $620,000

3 Beds
2.5 Baths
-- Sq Ft
$280/mo HOA Fee

Last Sold August 10, 2021

Last sale price $436,000

Est. 41% increase in value since last sale

Current estimated payment $4,308/month

87 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Main Floor Bedroom
  • Private Pool
  • Cathedral Ceiling
  • Loft

About This Home

As of August 2021

Highly sought after Hampton End Model Home with BONUS STUDY/DEN on First Floor! Entering through the Foyer, you will fall in love with the dramatic & open 2 story Great Room that offers plenty of entertaining space! Kitchen opens up to spacious patio w/awning. First Floor Master Bedroom Suite has large walk-in closet & full bath. 2nd Level offers 2 bedrooms & large Loft.

Last Agent to Sell the Property

Peter Cagnassola

BEDMINSTER HILLS REALTY Listed on: 04/16/2021

Last Buyer's Agent

KINNAR SHAH

RE/MAX DIAMOND REALTORS

RE/MAX DIAMOND REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,847

Year Built

  • Built in 2004

Lot Details

  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Thermal Windows
  • Entrance Foyer
  • Great Room
  • Den
  • Loft
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Home Security

Outdoor Features

  • Private Pool
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2708-00513-0018-00001-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal, trash collection

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,847

Year Built

Built in 2004

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2004
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 1
  • Directions: Canal Walk Blvd to Left on Nostrand Way
  • I D: 5063902
  • Modified: 2022-08-11
  • Number Images: 25
  • Section Subdiv Development: Canal Walk
  • First Name: PETER J.
  • First Name3: KINNAR
  • Last Name: CAGNASSOLA
  • Last Name3: SHAH
  • Office Phone: 908-658-3400
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 14x14
  • Kitchen Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 25x13
  • Other Room1 Level: First
  • Other Room 2: Loft
  • Other Room2 Dim: 14x10
  • Other Room2 Level: Second
  • Other Room 4: Laundry Room
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Den, Foyer, Great Room, Kitchen, Laundry Room, Porch, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other, Loft
  • Phone: 908-658-3400

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Open Porch(es), Patio, Sidewalk, Tennis Courts, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Billiards Room, Club House, Exercise Room, MulSport, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal, Trash Collection

Lot Info

  • Lot Size: .1036 AC
  • Assessed Improvement Value: 221600
  • Assessed Land Value: 125000
  • Assessment: 346600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Rental Info

  • Application Fee: 500
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7847
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00513-0018-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.264
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Aug 10, 2021
Sold by
Heres Nancy and Estate Of Joan Kane Heres
Bought by
Shah Rashmin and Shah Pallavi
Seller's Agent
Peter Cagnassola
BEDMINSTER HILLS REALTY
Buyer's Agent
KINNAR SHAH
RE/MAX DIAMOND REALTORS
List Price
$442,000
Sold Price
$436,000
Premium/Discount to List
-$6,000
-1.36%
Current Estimated Value
$615,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,240
Avg. Annual Appreciation
8.57%
Original Mortgage
$348,800
Outstanding Balance
$273,842
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$333,027
Source: Public Records

Range of Values:

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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
Shah Rashmin $436,000 Liberty Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Rashmin $348,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $436,000 +1.4% --
07/15/2021 07/15/21 Pending -- -- --
05/16/2021 05/16/21 Price Changed $429,999 -2.7% --
04/18/2021 04/18/21 For Sale $442,000 -- --
Source: Garden State MLS

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 $8,116 $446,400 $224,800 $221,600
2023 $8,344 $432,100 $210,500 $221,600
2022 $8,130 $398,900 $177,300 $221,600
2021 $6,804 $360,900 $139,300 $221,600
2020 $7,847 $346,600 $125,000 $221,600
2019 $7,979 $346,600 $125,000 $221,600
2018 $8,062 $346,600 $125,000 $221,600
2017 $7,882 $337,700 $110,800 $226,900
2016 $7,939 $337,700 $110,800 $226,900
2015 $7,051 $323,400 $96,500 $226,900
2014 $6,507 $304,400 $77,500 $226,900
Source: Public Records

Agents Affiliated with this Home

  • Peter Cagnassola

    Seller's Agent in 2021

    Peter Cagnassola

    BEDMINSTER HILLS REALTY

    (908) 658-3400

    1 in this area

    121 Total Sales

    Section Image
  • KINNAR SHAH

    Buyer's Agent in 2021

    KINNAR SHAH

    RE/MAX

    (201) 486-9101

    13 in this area

    55 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3705704

Garden State MLS

APN: 08-00513-18-00001

New Jersey Somerset County Somerset 08873

1 Nostrand Way, Somerset, NJ

This home is located at 1 Nostrand Way, Somerset, NJ 08873 since 16 April 2021 and is currently estimated at $608,074. This property was built in 2004. 1 Nostrand Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

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