NOT LISTED FOR SALE

126 Drake Rd Somerset, NJ 08873

Estimated Value: $618,000 - $687,097

4 Beds
3 Baths
1,980 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 126 Drake Rd, Somerset, NJ 08873 and is currently estimated at $660,274, approximately $333 per square foot. 126 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
Jul 26, 2005
Sold by
Mesulam Maurice
Bought by
Mcknight Arlene and Mcknight Burnett
Current Estimated Value
$660,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
5.67%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mcknight Arlene $404,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcknight Burnett $329,004
Closed Mcknight Burnett $329,004
Closed Mcknight Burnett $348,171
Closed Mckinght Burnett $323,900
Closed Mcknight Arlene $354,000
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
2024 $9,624 $528,200 $362,200 $166,000
2023 $9,277 $478,200 $312,200 $166,000
2022 $8,565 $418,200 $252,200 $166,000
2021 $8,207 $368,200 $202,200 $166,000
2020 $7,963 $348,200 $182,200 $166,000
2019 $8,071 $348,200 $182,200 $166,000
2018 $7,569 $323,200 $157,200 $166,000
2017 $7,246 $308,200 $142,200 $166,000
2016 $7,009 $295,600 $132,200 $163,400
2015 $7,197 $305,600 $142,200 $163,400
2014 $6,974 $300,600 $137,200 $163,400
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

126 Drake Rd, Somerset, NJ

This home is located at 126 Drake Rd, Somerset, NJ 08873 and is currently estimated at $660,274, approximately $333 per square foot. 126 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

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