1156 Oakcroft Ln Somerset, NJ 08873
Estimated Value: $523,000 - $608,000
3
Beds
3
Baths
1,893
Sq Ft
$294/Sq Ft
Est. Value
About This Home
This home is located at 1156 Oakcroft Ln, Somerset, NJ 08873 and is currently estimated at $556,292, approximately $293 per square foot. 1156 Oakcroft Ln is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Rutgers Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 22, 2023
Sold by
Rizvi Syed O and Rizvi Mona K
Bought by
Westerman Jamaal
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
$250,000
Outstanding Balance
$242,924
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$313,368
Purchase Details
Closed on
Sep 24, 1999
Sold by
Sawani Suheel
Bought by
Rizvi Syed and Rizvi Mona
Purchase Details
Closed on
Jan 27, 1994
Sold by
Feld Sanford
Bought by
Sawant Suneel and Sawant Shalaka
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.11%
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 |
---|---|---|---|
Westerman Jamaal | $445,000 | Chicago Title | |
Rizvi Syed | $135,000 | -- | |
Sawant Suneel | $125,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Westerman Jamaal | $250,000 | |
Previous Owner | Sawant Suneel | $114,000 |
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 |
---|---|---|---|---|
2025 | $7,412 | $517,400 | $170,000 | $347,400 |
2024 | $7,412 | $407,700 | $170,000 | $237,700 |
2023 | $7,293 | $377,700 | $140,000 | $237,700 |
2022 | $6,780 | $332,700 | $95,000 | $237,700 |
2021 | $6,705 | $302,700 | $65,000 | $237,700 |
2020 | $6,627 | $292,700 | $55,000 | $237,700 |
2019 | $6,508 | $282,700 | $45,000 | $237,700 |
2018 | $6,059 | $260,500 | $35,000 | $225,500 |
2017 | $6,080 | $260,500 | $35,000 | $225,500 |
2016 | $6,359 | $270,500 | $45,000 | $225,500 |
2015 | $6,085 | $260,600 | $45,000 | $215,600 |
2014 | $5,769 | $250,600 | $35,000 | $215,600 |
Source: Public Records
Map
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