NOT LISTED FOR SALE

116 Adams St Somerset, NJ 08873

Estimated Value: $750,000 - $767,000

4 Beds
2.5 Baths
-- Sq Ft
1.15 Acres

Last Sold July 20, 2020

Last sale price $505,000

Est. 49% increase in value since last sale

Current estimated payment $4,853/month

10 Days on Market

Highlights

  • 1.15 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Colonial Architecture
  • Cathedral Ceiling
  • Jetted Tub in Primary Bathroom

About This Home

As of July 2020

BEAUTIFUL CENTER HALL COLONIAL FEATURES LIVING RM, FORMAL DINING RM, LARGE OPEN FLOOR PLAN OF EAT-IN KITCHEN WITH FAMILY RM, CENTER ISLAND, GRANITE COUNTER TOP, GAS FIREPLACE. HARDWOOD FLOORS THROUGHOUT MOST OF 1ST AND 2ND LEVEL. SLIDING DOOR TO FENCED BACKYARD. VAULTED CEILING IN MASTER BDRM, WALK-IN CLOSET, BRIGHT MASTER BATH RM, DOUBLE SINKS, JET TUB & STALL SHOWER.

Last Agent to Sell the Property

GLORIA PENG

REALTY MARK CENTRAL Listed on: 05/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,079

Year Built

  • Built in 2008

Lot Details

  • 1.15 Acre Lot
  • Wood Fence
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Gas Fireplace
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2708-00548-0000-00001-0001-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,079

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2008
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 116
  • Directions: ELIZABETH AVE TO ADAMS ST
  • I D: 4983152
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: GLORIA
  • First Name3: UNKNOWN
  • Last Name: PENG
  • Last Name3: AGENT
  • Office Phone: 240523
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump, Washer, Water Softener-Own
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Drapes, High Ceilings, JacuzTyp, Smoke Detector, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub, Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Utility Room
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 20x18
  • Kitchen Level: First
  • Living Room Dim: 15x12
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 10x8
  • Other Room1 Level: First
  • Level 1 Rooms: Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Pantry, Porch, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 732-603-0700

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Patio, Storage Shed, Storm Window(s), Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Size: 1.148 ACRE
  • Assessed Improvement Value: 279100
  • Assessed Land Value: 172500
  • Assessment: 451600
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 1.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.15

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10079
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00548-0000-00001-0001-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 16, 2020
Sold by
Tombler Thomas Wray and Sun Ying
Bought by
Velazquez Leonardo M and Velazquez Erica E
Seller's Agent
GLORIA PENG
REALTY MARK CENTRAL
List Price
$509,000
Sold Price
$505,000
Premium/Discount to List
-$4,000
-0.79%
Current Estimated Value
$754,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,880
Avg. Annual Appreciation
8.25%
Original Mortgage
$495,853
Outstanding Balance
$444,559
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$308,587

Purchase Details

Closed on
May 15, 2008
Sold by
Wilkins William and Wilkins Jessica
Bought by
Tombler Thomas Wray and Tombler Ying Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,200
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Grayrock Partners Llc
Bought by
Wilkins William and Wilkins Jessica
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
Velazquez Leonardo M $505,000 Golden Title Agency
Tombler Thomas Wray $504,000 Multiple
Wilkins William $180,000 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Leonardo M $100,000
Open Velazquez Leonardo M $495,853
Previous Owner Tombler Thomas Wray $352,000
Previous Owner Tombler Thomas Wray $376,000
Previous Owner Tombler Thomas Wray $381,600
Previous Owner Tombler Thomas Wray $403,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $505,000 -0.8% --
06/01/2020 06/01/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $509,000 -- --
Source: Garden State 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 $8,210 $451,600 $172,500 $279,100
2023 $8,720 $451,600 $172,500 $279,100
2022 $9,204 $451,600 $172,500 $279,100
2021 $10,003 $451,600 $172,500 $279,100
2020 $10,224 $451,600 $172,500 $279,100
2019 $10,396 $451,600 $172,500 $279,100
2018 $10,504 $451,600 $172,500 $279,100
2017 $10,540 $451,600 $172,500 $279,100
2016 $10,617 $451,600 $172,500 $279,100
2015 $10,545 $451,600 $172,500 $279,100
2014 $10,396 $451,600 $172,500 $279,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    GLORIA PENG

    REALTY MARK CENTRAL

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Map

Source: Garden State MLS

MLS Number: 3634853

Garden State MLS

APN: 08-00548-0000-00001-01

New Jersey Somerset County Somerset 08873

116 Adams St, Somerset, NJ

This home is located at 116 Adams St, Somerset, NJ 08873 since 22 May 2020 and is currently estimated at $754,880. This property was built in 2008. 116 Adams St is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Green Brook Academy.

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