$750,000
SOLD APR 11, 2025

1 Tallman Ln Somerset, NJ 08873

3 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

22 Days on Market

About This Home

As of April 2025

This home is located at 1 Tallman Ln, Somerset, NJ 08873 and is currently priced at $750,000. This property was built in 2003. 1 Tallman Ln 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.

Last Agent to Sell the Property

Sean Quinn

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 02/05/2025

COMPASS NEW JERSEY, LLC

Co-Listed By

Anne W. Cohen

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816

Last Buyer's Agent

Maria Ackerman

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,526

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,526

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Year Built: 2003
  • County Name: Somerset
  • Street Number Display: 1
  • I D: 5336707
  • Modified: 2025-04-20
  • Number Images: 0
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .2041 AC
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 21, 2025
Sold by
Weighart Jaclyn
Bought by
Burton Steven R and Burton Jill S
Seller's Agent
Sean Quinn
COMPASS NEW JERSEY, LLC
Buyer's Agent
Maria Ackerman
COLDWELL BANKER REALTY
List Price
$748,500
Sold Price
$750,000
Premium/Discount to List
$1,500
0.2%
Views
89
Current Estimated Value
$754,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,276
Avg. Annual Appreciation
1.27%
Original Mortgage
$375,000
Outstanding Balance
$373,329
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$380,947
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $750,000 Acres Land Title
Deed $750,000 Acres Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Closed $375,000 New Conventional
Previous Owner $360,000 Commercial
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $750,000 +0.2% --
03/03/2025 03/03/25 Pending -- -- --
02/09/2025 02/09/25 For Sale $748,500 -- --
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
2025 $10,526 $654,500 $245,400 $409,100
2024 $10,526 $579,000 $273,900 $305,100
2023 $10,630 $550,500 $245,400 $305,100
2022 $10,445 $512,500 $207,400 $305,100
2021 $8,971 $455,500 $150,400 $305,100
2020 $10,313 $455,500 $150,400 $305,100
2019 $10,486 $455,500 $150,400 $305,100
2018 $10,353 $445,100 $136,200 $308,900
2017 $10,188 $436,500 $136,200 $300,300
2016 $9,815 $417,500 $117,200 $300,300
2015 $8,833 $389,000 $88,700 $300,300
2014 $8,705 $389,000 $88,700 $300,300
Source: Public Records

Agents Affiliated with this Home

  • Sean Quinn

    Seller's Agent in 2025

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (908) 377-7058

    2 in this area

    51 Total Sales

    Sean Quinn
    Section Image
  • Anne W. Cohen

    Seller Co-Listing Agent in 2025

    Anne W. Cohen

    COMPASS NEW JERSEY, LLC

    (201) 788-7617

    29 in this area

    31 Total Sales

    Anne W. Cohen
    Section Image
  • Maria Ackerman

    Buyer's Agent in 2025

    Maria Ackerman

    COLDWELL BANKER REALTY

    (908) 322-4434

    1 in this area

    55 Total Sales

    Maria Ackerman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3944696

Garden State MLS

APN: 08-00513-12-00001

New Jersey Somerset County Somerset 08873

1 Tallman Ln, Somerset, NJ

This home is located at 1 Tallman Ln, Somerset, NJ 08873 and is currently priced at $750,000. This property was built in 2003. 1 Tallman Ln 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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