NOT LISTED FOR SALE

1 Railroad Ave Peapack, NJ 07977

Estimated Value: $629,000 - $1,127,000

6 Beds
3 Baths
3,138 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 1 Railroad Ave, Peapack, NJ 07977 and is currently estimated at $790,664, approximately $251 per square foot. 1 Railroad Ave is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
1 Railroad Pg Llc
Bought by
Romero Alfredo R Hernandez
Current Estimated Value
$790,664

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
$343,055
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$326,412

Purchase Details

Closed on
Jun 10, 2022
Sold by
Cottages At Vernon Manor Llc
Bought by
1 Railroad Pg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 28, 2021
Sold by
Gina Castellani
Bought by
Cottages At Vernon Manor Llc

Purchase Details

Closed on
Jul 10, 2018
Sold by
Jessica Associates Lp
Bought by
Castellani Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2008
Sold by
Perna Rocco and Estate Of Flora Perna
Bought by
Jessica Associates Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Romero Alfredo R Hernandez $350,000 First American Title
1 Railroad Pg Llc -- Shemcsh Brian J
Cottages At Vernon Manor Llc $460,000 Renda Ernest A
Castellani Gina $444,000 None Available
Jessica Associates Limited Partnership $432,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Alfredo R Hernandez $343,660
Previous Owner 1 Railroad Pg Llc $345,000
Previous Owner Castellani Gina $377,400
Previous Owner Jessica Associates Limited Partnership $345,600
Source: Public Records

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 $8,602 $503,900 $182,400 $321,500
2023 $8,505 $478,600 $175,400 $303,200
2022 $8,473 $461,000 $167,000 $294,000
2021 $8,245 $440,200 $153,100 $287,100
2020 $8,179 $435,300 $151,500 $283,800
2019 $8,187 $437,800 $149,500 $288,300
2018 $8,190 $436,100 $148,000 $288,100
2017 $8,163 $429,200 $134,600 $294,600
2016 $8,102 $422,200 $134,600 $287,600
2015 $7,802 $414,100 $133,500 $280,600
2014 $7,680 $404,200 $133,500 $270,700
Source: Public Records

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