NOT LISTED FOR SALE

127 Somerville Rd Bedminster, NJ 07921

Estimated Value: $680,561 - $751,000

3 Beds
3 Baths
-- Sq Ft
0.28 Acres

Last Sold February 03, 2023

Last sale price $550,000

Est. 30% increase in value since last sale

Current estimated payment $4,537/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Detached Garage
  • Bedminster Township School Rated A-
  • Wood Flooring

About This Home

As of February 2023

Best and Final offers due Monday 12/19/22 at 12pm. If you haven't viewed this property yet, make your appointment asap. A DEFINITE MUST SEE! Rare and unique opportunity with many possibilities in Bedminster. Currently used as a multi-family property, this colonial can easily be converted back to a single family residence. It can also be an ideal multigenerational home. There is also the option to live in one unit and rent the other to help with the mortgage or build wealth. Additionally, the property is located in the Village neighborhood zone (VN2) which opens up other possibilities for a business or professional office. A flexible floor plan allows you to change rooms as you desire. As a single home or rental property it can have three or four bedrooms. It has 3 full bathrooms. Two Kitchens and a third floor flex space to be utilized however you wish. Many areas of the home have been recently updated including the roof, boiler, water heater, first floor kitchen, first floor bathrooms, and the list goes on. Conveniently located near Far Hills Metro train, 287, 78, 202, 206 as well as many parks, trails, houses of worship, post office, salons, restaurants and more. Bedminster school is K-8 and located just down the street and off to Bernardsville High afterwards. If that wasn't enough you get to enjoy the low taxes of Bedminster. Book your appointment to view the property ASAP as it will not last. Also listed as a multi family GSMLS# 3820041

Last Agent to Sell the Property

Gregory Kania

RE/MAX SELECT Brokerage Phone: 630-460-7365 Listed on: 12/03/2022

RE/MAX SELECT

Last Buyer's Agent

Janine Rose

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,297

Year Built

  • Built in 1925

Lot Details

  • 0.28 Acre Lot
  • Property is zoned VN2

Parking

  • 2 Car Detached Garage
  • Stone Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Slate Roof

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Bedminster Elementary And Middle School
  • Bernards High School

Utilities

  • Radiator
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Walk-Out Basement
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 2701-00033-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,297

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1925
  • Year Built Description: Approximate
  • County Name: Somerset
  • Possible Other Uses: Home-Office, Multi-Family, Professional Use
  • Renovated Year: 2022
  • Street Number Display: 127
  • Directions: Please use GPS to 127 Somerville Rd.
  • I D: 5193033
  • Modified: 2024-02-04
  • Number Images: 30
  • First Name: GREGORY
  • First Name3: JANINE
  • Last Name: KANIA
  • Last Name3: ROSE
  • Office Phone3: 908-753-4450
  • Attribution Contact: 630-460-7365
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Flooring: Carpeting, Wood
  • Appliances: Dishwasher, Dryer, Range/Oven-Electric, Stackable Washer/Dryer, Washer
  • Number Rooms: 8
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished, Walkout
  • Phone: 908-766-9300

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle, Slate

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Crushed Stone, Off-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: BEDMINSTER
  • Middle School: BEDMINSTER
  • High School: BERNARDS
  • High School: BERNARDS
  • Middle Jr High School: BEDMINSTER

Lot Info

  • Lot Size: .28 AC
  • Assessed Improvement Value: 231900
  • Assessed Land Value: 231500
  • Assessment: 463400
  • Easement: Unknown
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28
  • Zoning: VN2

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6297
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2701-00033-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.395
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: BEDMINSTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Jan 26, 2023
Sold by
Matarazzo Gary M
Bought by
Melise Anthony and Melise Theresa
Seller's Agent
Gregory Kania
RE/MAX SELECT
Buyer's Agent
Janine Rose
BHHS FOX & ROACH
List Price
$599,900
Sold Price
$550,000
Premium/Discount to List
-$49,900
-8.32%
Views
98
Current Estimated Value
$715,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,140
Avg. Annual Appreciation
7.68%
Original Mortgage
$412,500
Outstanding Balance
$401,393
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$260,368
Source: Public Records

Range of Values:

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Average Value
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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
Melise Anthony $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melise Anthony $412,500
Previous Owner Matarazzo Gary M $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $550,000 -8.3% --
12/23/2022 12/23/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $599,900 -- --
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 $7,052 $555,300 $250,500 $304,800
2023 $7,022 $524,000 $238,500 $285,500
2022 $6,362 $463,400 $231,500 $231,900
2021 $6,100 $451,400 $226,900 $224,500
2020 $6,179 $446,800 $222,400 $224,400
2019 $6,100 $443,600 $217,800 $225,800
2018 $5,896 $434,500 $213,600 $220,900
2017 $5,948 $431,300 $213,600 $217,700
2016 $5,819 $428,200 $213,600 $214,600
2015 $5,796 $426,500 $213,600 $212,900
2014 $5,657 $413,500 $213,600 $199,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3820040

Garden State MLS

APN: 01-00033-0000-00017