119 Drake Rd Somerset, NJ 08873
Estimated Value: $571,024 - $641,000
--
Bed
--
Bath
1,575
Sq Ft
$376/Sq Ft
Est. Value
About This Home
This home is located at 119 Drake Rd, Somerset, NJ 08873 and is currently estimated at $591,756, approximately $375 per square foot. 119 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2017
Sold by
Baranski Tom
Bought by
Sharma Renu
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
$170,788
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2004
Sold by
Irizarry Alfred
Bought by
Sharma Renu and Baranski Tom
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.68%
Purchase Details
Closed on
Jan 18, 2002
Sold by
Berger Aimee
Bought by
Irizarry Alfred and Irizarry Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,050
Interest Rate
7.15%
Purchase Details
Closed on
Jul 31, 1998
Sold by
Gregor David
Bought by
Berger Conney W and Berger Aimee G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.92%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharma Renu | -- | None Available | |
| Sharma Renu | $330,000 | -- | |
| Irizarry Alfred | $234,500 | -- | |
| Berger Conney W | $151,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharma Renu | $126,300 | |
| Closed | Sharma Renu | $170,788 | |
| Previous Owner | Sharma Renu | $297,000 | |
| Previous Owner | Irizarry Alfred | $211,050 | |
| Previous Owner | Berger Conney W | $120,000 |
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 | $9,143 | $501,800 | $366,500 | $135,300 |
| 2023 | $8,765 | $451,800 | $316,500 | $135,300 |
| 2022 | $8,024 | $391,800 | $256,500 | $135,300 |
| 2021 | $7,672 | $344,200 | $206,500 | $137,700 |
| 2020 | $7,414 | $324,200 | $186,500 | $137,700 |
| 2019 | $7,515 | $324,200 | $186,500 | $137,700 |
| 2018 | $7,007 | $299,200 | $161,500 | $137,700 |
| 2017 | $6,682 | $284,200 | $146,500 | $137,700 |
| 2016 | $6,532 | $275,500 | $136,500 | $139,000 |
| 2015 | $6,724 | $285,500 | $146,500 | $139,000 |
| 2014 | $6,508 | $280,500 | $141,500 | $139,000 |
Source: Public Records
Map
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