NOT LISTED FOR SALE

Estimated Value: $751,000 - $854,000

3 Beds
3 Baths
-- Sq Ft
0.57 Acres

Last Sold April 05, 2024

Last sale price $790,000

Est. 4% increase in value since last sale

Current estimated payment $5,623/month

18 Days on Market

About This Home

As of April 2024

This home is located at 12 Cornelius Way, Somerset, NJ 08873 since 02 February 2024 and is currently estimated at $818,032. This property was built in 1998. 12 Cornelius Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.

Last Listed By

Parijata Sharma

KELLER WILLIAMS ELITE REALTORS Brokerage Phone: 866-201-6210 Listed on: 02/02/2024

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,793

Year Built

  • 1998

Lot Details

  • 0.57 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,793

Year Built

1998

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 12
  • I D: 5267623
  • Modified: 2025-04-06
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1998

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .574 AC
  • Total Acres: 0.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 26, 2024
Sold by
Nm & Rr Family Revocable Trust and Naseeruddin Mohammad
Bought by
Chaudhary Garima
Seller's Agent
Parijata Sharma
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
CHARLES KORB
RE/MAX 1ST ADVANTAGE
List Price
$765,000
Sold Price
$790,000
Premium/Discount to List
$25,000
3.27%
Total Days on Market
18
Views
784
Current Estimated Value
$818,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,032
Avg. Annual Appreciation
3.13%
Original Mortgage
$632,000
Outstanding Balance
$605,430
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$212,602

Purchase Details

Closed on
Mar 16, 2022
Sold by
Mohammad and Rafath
Bought by
Nm & Rr Family Revocable Trust

Purchase Details

Closed on
Aug 26, 2011
Sold by
University Islamic Financial Corporation
Bought by
Mohammad Naseeruddin

Purchase Details

Closed on
Jun 10, 2011
Sold by
Schock Ruediger and Schock Jutta
Bought by
University Islamic Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Wernoski Richard S
Bought by
Schock Ruediger and Schock Jutta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.29%

Purchase Details

Closed on
Mar 24, 1998
Sold by
Sunrise Communities Ii Inc
Bought by
Wernoski Richard S and Wernoski Colleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.96%

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
Chaudhary Garima $790,000 Chicago Title
Nm & Rr Family Revocable Trust -- None Listed On Document
Mohammad Naseeruddin -- Chicago Title Insurance Co
University Islamic Financial Corp $405,000 None Available
Schock Ruediger $441,441 --
Wernoski Richard S $240,517 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhary Garima $632,000
Previous Owner University Islamic Financial Corp $324,000
Previous Owner Schock Ruediger $270,000
Previous Owner Wernoski Richard S $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $790,000 +3.3% --
03/01/2024 03/01/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $765,000 0.0% --
03/24/2023 03/24/23 Rented $4,000 +2.6% --
03/08/2023 03/08/23 Price Changed $3,900 -2.5% $2 / Sq Ft
01/30/2023 01/30/23 Price Changed $4,000 -5.9% $2 / Sq Ft
01/16/2023 01/16/23 For Rent $4,250 -- --
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 $12,793 $703,700 $409,800 $293,900
2023 $12,424 $643,400 $349,800 $293,600
2022 $11,686 $573,400 $279,800 $293,600
2021 $11,150 $503,400 $209,800 $293,600
2020 $10,944 $483,400 $189,800 $293,600
2019 $11,128 $483,400 $189,800 $293,600
2018 $11,011 $473,400 $179,800 $293,600
2017 $10,582 $453,400 $159,800 $293,600
2016 $10,659 $453,400 $159,800 $293,600
2015 $10,783 $461,800 $169,800 $292,000
2014 $10,262 $445,800 $153,800 $292,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3884416

Garden State MLS

APN: 08-00059-05-00015