NOT LISTED FOR SALE

120 Prospect St Somerset, NJ 08873

Estimated Value: $502,096 - $528,000

-- Bed
-- Bath
1,988 Sq Ft
$261/Sq Ft Est. Value

About This Home

This home is located at 120 Prospect St, Somerset, NJ 08873 and is currently estimated at $519,024, approximately $261 per square foot. 120 Prospect St is a home located in Somerset County with nearby schools including Franklin High School and Central Jersey College Prep Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2005
Sold by
Mercado Hiram
Bought by
Muhammed Sharif and Muhammad Jennifer K
Current Estimated Value
$519,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$166,872
Interest Rate
6.07%
Estimated Equity
$352,152

Purchase Details

Closed on
May 9, 2002
Sold by
Hud
Bought by
Mercado Hiram

Purchase Details

Closed on
Feb 15, 1996
Sold by
Smith Ben
Bought by
Edojah Harry and Edojah Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Muhammed Sharif $385,000 --
Mercado Hiram $220,067 --
Edojah Harry $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhammed Sharif $304,000
Previous Owner Edojah Harry $153,000
Source: Public Records

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
2025 $7,292 $484,100 $218,300 $265,800
2024 $7,292 $400,200 $218,300 $181,900
2023 $7,376 $380,200 $198,300 $181,900
2022 $7,275 $355,200 $173,300 $181,900
2021 $7,026 $315,200 $133,300 $181,900
2020 $6,980 $305,200 $123,300 $181,900
2019 $6,959 $300,200 $123,300 $176,900
2018 $7,031 $300,200 $123,300 $176,900
2017 $7,058 $300,200 $123,300 $176,900
2016 $7,236 $305,200 $128,300 $176,900
2015 $7,187 $305,200 $128,300 $176,900
2014 $7,081 $305,200 $128,300 $176,900
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

120 Prospect St, Somerset, NJ

This home is located at 120 Prospect St, Somerset, NJ 08873 and is currently estimated at $519,024, approximately $261 per square foot. 120 Prospect St is a home located in Somerset County with nearby schools including Franklin High School and Central Jersey College Prep Charter School.

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