NOT LISTED FOR SALE

1116 Somerset Ave Lakewood, NJ 08701

Estimated Value: $1,416,218 - $1,787,000

8 Beds
6 Baths
5,509 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 1116 Somerset Ave, Lakewood, NJ 08701 and is currently estimated at $1,594,055, approximately $289 per square foot. 1116 Somerset Ave is a home located in Ocean County with nearby schools including Lakewood High School, Calvary Academy, and Derech Hatorah of Lakewood.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2001
Sold by
Somerset Estates
Bought by
Culang Moshe and Culang Malky
Current Estimated Value
$1,594,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Culang Moshe $302,500 --
Culang Moshe $302,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Generations Plus Llc $800,000
Closed Culang Moshe $242,000
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
2025 $16,729 $673,200 $216,000 $457,200
2024 $15,914 $673,200 $216,000 $457,200
2023 $15,362 $673,200 $216,000 $457,200
2022 $15,362 $673,200 $216,000 $457,200
2021 $15,283 $670,900 $216,000 $454,900
2020 $15,243 $670,900 $216,000 $454,900
2019 $14,666 $670,900 $216,000 $454,900
2018 $14,075 $670,900 $216,000 $454,900
2017 $13,767 $670,900 $216,000 $454,900
2016 $12,974 $442,800 $135,200 $307,600
2015 $12,553 $442,800 $135,200 $307,600
2014 $11,907 $442,800 $135,200 $307,600
Source: Public Records

Map

New Jersey Ocean County Lakewood 08701

1116 Somerset Ave, Lakewood, NJ

This home is located at 1116 Somerset Ave, Lakewood, NJ 08701 and is currently estimated at $1,594,055, approximately $289 per square foot. 1116 Somerset Ave is a home located in Ocean County with nearby schools including Lakewood High School, Calvary Academy, and Derech Hatorah of Lakewood.

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