NOT LISTED FOR SALE

10 Millstone Rd Somerset, NJ 08873

Franklin Area

Estimated Value: $416,000 - $550,063

Studio
-- Bath
1,506 Sq Ft
$316/Sq Ft Est. Value

Sale Details

Date Sold: August 20, 2024

Last sale price $390,000 $259 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,231 / mo

8 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Detached Garage
  • Carpet
  • Private Yard
  • Enclosed Patio or Porch
  • Radiator

About This Home

As of August 2024

A rare 2 family that is 75x134 in Somerset---Each apt. is a 2 bedroom apt.---This 2 family is unique because it has a side-by-side set-up with each apartment having its own parking area---So, essentially, there is a driveway on each side of the house---The apartment on the left of the house has a detached 2 car garage and plenty of parking spots---The garage is currently used for storage purposes---The 1st floor rent is $800 and the 2nd floor rent is $1,200.---Radiator heating system--This is a wonderful investment opportunity. You must call Listing Office for a showing at: 732-297-7900 This strictly an AS IS'' sale, and the buyer is responsible for all Township CO's

Last Agent to Sell the Property

Antoine Chedid

C-21 BARROOD REALTORS Listed on: 05/29/2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,939

Year Built

  • Built in 1957

Lot Details

  • 10,049 Sq Ft Lot
  • Lot Dimensions are 134.00 x 75.00
  • Private Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,506 Sq Ft Home
  • 2-Story Property
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Radiator
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Listing and Financial Details

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

Community Details

Overview

  • Next To 1St Baptist Chur Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,939

Year Built

Built in 1957

Lot Details

10,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2307
  • Lot Size: 134.00 x 75.00
  • Ownership: Fee Simple
  • Subdivision Name: Next to 1st Baptist Chur
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1957
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities
  • Flooring: Unit 1 Carpet
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room)
  • Living Area: 1506
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit
  • Exterior Features: Porch(es) - Enclosed, Curbs, Sidewalk, Yard
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 10049
  • Zoning: GC

Tax Info

  • Tax Annual Amount: 6939
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2025
Sold by
Bought by
Current Estimated Value
$475,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$468,916
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$6,850

Purchase Details

Listed on
May 29, 2024
Closed on
Aug 20, 2024
Sold by
Bought by
Seller's Agent
Antoine Chedid
C-21 BARROOD REALTORS
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$292,500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 1988
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Somerset, NJ

  • Yesenia Alcivar Real Estate Agent - Serhant New Jersey LLC

    Yesenia Alcivar

    Serhant New Jersey LLC

    (908) 460-1784

    48 Total Sales

    1 in Franklin

    $315,000 Price

    Yesenia Alcivar
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  • Ketty Jean Real Estate Agent - RE/MAX Instyle Realty Corp

    Ketty Jean

    RE/MAX Instyle Realty Corp

    (848) 269-1943

    27 Total Sales

    3 in Franklin

    $410K - $640K Price Range

    Ketty Jean
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  • Timothy Nees Real Estate Agent - WEICHERT REALTORS

    Timothy Nees

    WEICHERT REALTORS

    (862) 352-3342

    63 Total Sales

    1 in Franklin

    $520,000 Price

    Timothy Nees
     Section Image
  • Richard Abrams Real Estate Agent - Century 21 Abrams & Associates, Inc.

    Richard Abrams

    Century 21 Abrams & Associates, Inc.

    (609) 583-8104

    350 Total Sales

    12 in Franklin

    $145K - $785K Price Range

    Richard Abrams
     Section Image
  • Joan Bostonian Real Estate Agent - Coldwell Banker Realty

    Joan Bostonian

    Coldwell Banker Realty

    (848) 229-9209

    61 Total Sales

    1 in Franklin

    $395,000 Price

    Joan Bostonian
     Section Image
  • Karen Brown Real Estate Agent - EXP Realty, LLC

    Karen Brown

    EXP Realty, LLC

    (848) 800-4288

    77 Total Sales

    9 in Franklin

    $237K - $605K Price Range

    Karen Brown
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$390,000 None Listed On Document
$175,000 --
-- --
$86,000 --
$140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $472,500
Closed $292,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $390,000 -2.3% $259 / Sq Ft
05/29/2024 05/29/24 For Sale $399,000 -- $265 / Sq Ft
Source: All Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,447 $422,900 $220,000 $202,900
2025 $6,537 $422,900 $220,000 $202,900
2024 $6,537 $358,800 $220,000 $138,800
2023 $6,573 $338,800 $200,000 $138,800
2022 $6,939 $338,800 $200,000 $138,800
2021 $6,660 $298,800 $160,000 $138,800
2020 $6,262 $273,800 $135,000 $138,800
2019 $6,082 $262,400 $125,000 $137,400
2018 $6,497 $277,400 $140,000 $137,400
2017 $6,522 $277,400 $140,000 $137,400
2016 $6,577 $277,400 $140,000 $137,400
2015 $6,533 $277,400 $140,000 $137,400
2014 $6,436 $277,400 $140,000 $137,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Antoine Chedid

    C-21 BARROOD REALTORS

    (732) 754-7776

    31 Total Sales

    Antoine Chedid
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Map

Source: All Jersey MLS

MLS Number: 2412618R

All Jersey MLS

APN: 08-00131-0000-00013

New Jersey Somerset County Somerset 08873

10 Millstone Rd, Somerset, NJ

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