NOT LISTED FOR SALE

10 Codington Place Somerville, NJ 08876

Estimated Value: $826,000 - $1,021,000

8 Beds
5 Baths
3,809 Sq Ft
$241/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $870,000 $228 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,576/month

175 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Somerville High School Rated A-
  • 2 Car Attached Garage
  • 2-minute walk to Michael Lepp Park

About This Home

As of November 2023

Welcome to this charming 2 Family home, offering 8 bedrooms and 5 bathrooms, conveniently located near Downtown Somerville. The 1st Floor apartment welcomes you with a spacious living space, featuring 3 bedrooms, 2 bathrooms, a cozy living/dining room, a laundry room, and a grand kitchen offering stunning stone counters, 42-inch shaker cabinets, and stainless-steel appliances. The Upper-level apartment boasts 2 floors of living space, including 5 bedrooms and 3 bathrooms. The Upper-level apartment includes a gourmet kitchen with a center island that opens to a dining, /lounge, or living area! Both apartments showcase bedrooms with en-suite bathrooms, walk-in closets, and spacious ancillary bedrooms. The home features (NEW) 6-panel doors, stylish trim, stunning hardwood floors, remarkable tile work, and high-end finishes. This property offers versatility with a mixed-use potential for the perfect work/life balance. Located just minutes from downtown Somerville, you'll have easy access to a diverse range of shopping, dining, and entertainment options. Don't miss out on this exceptional opportunity to own one of the largest 2 Family homes in the heart of Somerville NJ!

Last Listed By

Stewart Daniels

RE/MAX PINNACLE Listed on: 05/18/2023

RE/MAX PINNACLE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,388

Year Built

  • Built in 1940

Lot Details

  • 0.33 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater

Additional Features

  • 3-Story Property
  • Property is near public transit

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,388

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.334
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1940
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(Water)
  • Has Basement: Full, Lavatory (No Sink), Storage Space
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Interior Amenities: Unit 1(3 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths), Unit 2(Kitchen,5+ Bedrooms,1 Bath,2+ Baths,See Remarks)
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Near Public Transit, Near Train
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached, Garage Door Opener

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - Some,A/C Heat Pump, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 14549
  • Zoning: PO-R/R-2

Tax Info

  • Tax Annual Amount: 19388
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Nov 6, 2023
Sold by
Anbazhagan Suresh Kumar
Bought by
Mahmood Saleem and Saleem Mohammad Faizan
Seller's Agent
Stewart Daniels
RE/MAX PINNACLE
List Price
$879,900
Sold Price
$870,000
Premium/Discount to List
-$9,900
-1.13%
Total Days on Market
175
Views
1139
Current Estimated Value
$916,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,656
Avg. Annual Appreciation
3.36%
Original Mortgage
$370,000
Outstanding Balance
$347,772
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$568,884

Purchase Details

Listed on
Nov 24, 2021
Closed on
Mar 8, 2022
Sold by
H Armony Real Estate Llc
Bought by
Anbazhagan Suresh Kumar
Seller's Agent
Claudia Marrone
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
ANTHONY RAMOS
KELLER WILLIAMS MID-TOWN DIRECT
List Price
$459,000
Sold Price
$459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.34%
Original Mortgage
$546,250
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Thomson James B and Thomson Beverly C
Bought by
Harmony Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 20, 1997
Sold by
Lieberman Steven
Bought by
Thomson James and Thomson Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
8.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Mahmood Saleem $870,000 None Listed On Document
Anbazhagan Suresh Kumar $459,000 Fidelity National Title
Harmony Real Estate Llc $500,000 None Available
Thomson James $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmood Saleem $370,000
Previous Owner Anbazhagan Suresh Kumar $546,250
Previous Owner Anbazhagan Suresh Kumar $546,250
Previous Owner Harmony Real Estate Llc $375,000
Previous Owner Thomson James $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $870,000 -1.1% $228 / Sq Ft
05/18/2023 05/18/23 For Sale $879,900 +91.7% $231 / Sq Ft
03/15/2022 03/15/22 Sold $459,000 0.0% $121 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $459,000 -- $121 / Sq Ft
Source: All Jersey 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 $20,536 $519,500 $147,000 $372,500
2023 $20,063 $519,500 $147,000 $372,500
2022 $19,512 $518,800 $326,400 $192,400
2021 $19,388 $518,800 $326,400 $192,400
2020 $18,988 $518,800 $326,400 $192,400
2019 $18,858 $518,800 $326,400 $192,400
2018 $18,656 $518,800 $326,400 $192,400
2017 $18,272 $518,800 $326,400 $192,400
2016 $17,530 $518,800 $326,400 $192,400
2015 $17,297 $518,800 $326,400 $192,400
2014 $17,022 $518,800 $326,400 $192,400
Source: Public Records

Agents Affiliated with this Home

  • Stewart Daniels

    Seller's Agent in 2023

    Stewart Daniels

    RE/MAX

    (732) 496-0985

    3 in this area

    58 Total Sales

    Stewart Daniels
    Section Image
  • Claudia Marrone

    Seller's Agent in 2022

    Claudia Marrone

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 393-8143

    13 in this area

    66 Total Sales

    Claudia Marrone
    Section Image

  • A

    Buyer's Agent in 2022

    ANTHONY RAMOS

    KELLER WILLIAMS MID-TOWN DIRECT

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2312420R

All Jersey MLS

APN: 18-00066-0000-00004

New Jersey Somerset County Somerville 08876

10 Codington Place, Somerville, NJ

This home is located at 10 Codington Place, Somerville, NJ 08876 since 18 May 2023 and is currently estimated at $916,656, approximately $240 per square foot. This property was built in 1940. 10 Codington Place is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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