NOT LISTED FOR SALE

116 Grove St Unit 118 Somerville, NJ 08876

Estimated Value: $584,190 - $694,000

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $435,000

Est. 47% increase in value since last sale

Current estimated payment $4,523/month

39 Days on Market

About This Home

As of April 2021

This home is located at 116 Grove St Unit 118, Somerville, NJ 08876 since 31 October 2020 and is currently estimated at $638,048. This property was built in 1900. 116 Grove St Unit 118 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Agent to Sell the Property

VINCENT J COSTA III

WEICHERT REALTORS Brokerage Phone: 908-766-2020 Listed on: 10/31/2020

Last Buyer's Agent

PATRICIA GRISH-KATCHEN

RE/MAX CLASSIC GROUP

RE/MAX CLASSIC GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,559

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,559

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Somerset
  • Street Number Display: 116-118
  • I D: 5029036
  • Modified: 2022-04-17
  • Number Images: 0
  • Attribution Contact: 908-766-2020
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 46X175
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Mar 10, 2021
Sold by
Knowles Michael and Knowles Sharon
Bought by
Valenciano Patricia
Seller's Agent
VINCENT J COSTA III
WEICHERT REALTORS
Buyer's Agent
PATRICIA GRISH-KATCHEN
RE/MAX CLASSIC GROUP
List Price
$459,900
Sold Price
$435,000
Premium/Discount to List
-$24,900
-5.41%
Current Estimated Value
$638,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,048
Avg. Annual Appreciation
7.40%
Original Mortgage
$427,121
Outstanding Balance
$392,523
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$201,335

Purchase Details

Closed on
Aug 23, 2002
Sold by
Kuchjarski Edward
Bought by
Knowles Michael and Knowles Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.55%
Source: Public Records

Range of Values:

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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
Valenciano Patricia $435,000 Majestic Title Agency
Knowles Michael $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenciano Patricia $15,686
Open Valenciano Patricia $427,121
Previous Owner Knowles Michael $224,940
Previous Owner Knowles Michael $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $435,000 -2.2% --
12/09/2020 12/09/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $444,900 -3.3% --
10/31/2020 10/31/20 For Sale $459,900 -- --
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 $12,559 $317,700 $119,100 $198,600
2023 $12,270 $317,700 $119,100 $198,600
2022 $11,949 $317,700 $119,100 $198,600
2021 $11,548 $317,700 $119,100 $198,600
2020 $11,628 $317,700 $119,100 $198,600
2019 $11,548 $317,700 $119,100 $198,600
2018 $11,424 $317,700 $119,100 $198,600
2017 $11,189 $317,700 $119,100 $198,600
2016 $10,735 $317,700 $119,100 $198,600
2015 $10,592 $317,700 $119,100 $198,600
2014 $10,424 $317,700 $119,100 $198,600
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    VINCENT J COSTA III

    WEICHERT REALTORS

  • PATRICIA GRISH-KATCHEN

    Buyer's Agent in 2021

    PATRICIA GRISH-KATCHEN

    RE/MAX

    (908) 642-7668

    1 in this area

    40 Total Sales

    PATRICIA GRISH-KATCHEN
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Map

Source: Garden State MLS

MLS Number: 3675710

Garden State MLS

APN: 18-00075-0000-00016

New Jersey Somerset County Somerville 08876

116 Grove St Unit 118, Somerville, NJ

This home is located at 116 Grove St Unit 118, Somerville, NJ 08876 since 31 October 2020 and is currently estimated at $638,048. This property was built in 1900. 116 Grove St Unit 118 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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