11 Bering Way Somerset, NJ 08873
Estimated Value: $828,000 - $919,000
--
Bed
--
Bath
2,260
Sq Ft
$390/Sq Ft
Est. Value
About This Home
This home is located at 11 Bering Way, Somerset, NJ 08873 and is currently estimated at $881,884, approximately $390 per square foot. 11 Bering 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2004
Sold by
Budnick James A
Bought by
Shroff Shishir and Shroff Sadhana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$202,171
Interest Rate
5.75%
Estimated Equity
$637,134
Purchase Details
Closed on
Jul 22, 1997
Sold by
Sunrise Comm Ii
Bought by
Budnick James and Budnick Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Shroff Shishir | $505,001 | -- | |
Budnick James | $253,112 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Shroff Shishir | $390,000 | |
Previous Owner | Budnick James | $195,000 |
Source: Public Records
Tax History Compared to Growth
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 | $13,097 | $720,400 | $409,800 | $310,600 |
2023 | $12,752 | $660,400 | $349,800 | $310,600 |
2022 | $12,032 | $590,400 | $279,800 | $310,600 |
2021 | $11,527 | $520,400 | $209,800 | $310,600 |
2020 | $11,329 | $500,400 | $189,800 | $310,600 |
2019 | $11,436 | $496,800 | $189,800 | $307,000 |
2018 | $10,969 | $471,600 | $179,800 | $291,800 |
2017 | $10,540 | $451,600 | $159,800 | $291,800 |
2016 | $10,617 | $451,600 | $159,800 | $291,800 |
2015 | $10,748 | $460,300 | $169,800 | $290,500 |
2014 | $10,228 | $444,300 | $153,800 | $290,500 |
Source: Public Records
Map
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