$620,000
SOLD SEP 2, 2025
3 Beds
3 Baths
-- Sq Ft
1 Acres

Recently Sold

6% Above List Price

11 Days on Market

About This Home

As of September 2025

This home is located at 132 Otto Rd, Branchburg, NJ 08853 and is currently priced at $620,000. This property was built in 1955. 132 Otto Rd is a home located in Somerset County with nearby schools including Whiton Elementary School, Stony Brook School, and Branchburg Central Middle School.

Last Agent to Sell the Property

Beth Ortu

COLDWELL BANKER REALTY Brokerage Phone: 908-879-4900 Listed on: 07/21/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Melissa Jenkins

RE/MAX PREFERRED PROFESSIONALS

RE/MAX PREFERRED PROFESSIONALS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,730

Year Built

  • Built in 1955

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Fireplace
  • 1 Acre Lot
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,730

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Somerset
  • Street Number Display: 132
  • I D: 5372545
  • Modified: 2025-09-02
  • Number Images: 0
  • Attribution Contact: 908-879-4900
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.00 AC
  • Total Acres: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Aug 29, 2025
Sold by
Palumbo Robert and Palumbo Christina
Bought by
Anelli John
Seller's Agent
Beth Ortu
COLDWELL BANKER REALTY
Buyer's Agent
Melissa Jenkins
RE/MAX PREFERRED PROFESSIONALS
List Price
$585,000
Sold Price
$620,000
Premium/Discount to List
$35,000
5.98%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.98%
Original Mortgage
$395,000
Outstanding Balance
$395,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$186,371

Purchase Details

Closed on
Nov 12, 2019
Sold by
Palumbo Robert Joseph and Ortu Christina Maria
Bought by
Palumbo Robert and Palumbo Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2017
Closed on
Sep 6, 2017
Sold by
Totten Barry Ki and Kessey Lynn E
Bought by
Palumbo Robert Joseph and Ortu Christina Marie
Seller's Agent
Robert Dekanski
RE/MAX 1ST ADVANTAGE
Buyer's Agent
Beth Ortu
COLDWELL BANKER REALTY
List Price
$245,000
Sold Price
$238,000
Premium/Discount to List
-$7,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$327,114
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2005
Sold by
Totten Barry K
Bought by
Totten Barry K and Totten Lynn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,320
Interest Rate
6.01%
Source: Public Records

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 Type Sale Price Title Company
Deed $620,000 Westcor Land Title
Deed $620,000 Westcor Land Title
Interfamily Deed Transfer -- None Available
Deed $238,000 All Pro Title Group Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,000 New Conventional
Closed $395,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $327,114 FHA
Previous Owner $379,320 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold $620,000 +6.0% --
08/05/2025 08/05/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $585,000 +145.8% --
09/08/2017 09/08/17 Sold $238,000 -2.9% $197 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $245,000 -- $202 / Sq Ft
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
2025 $7,730 $468,500 $188,500 $280,000
2024 $7,730 $428,500 $188,500 $240,000
2023 $7,456 $398,500 $188,500 $210,000
2022 $7,256 $368,500 $188,500 $180,000
2021 $7,077 $348,500 $188,500 $160,000
2020 $7,211 $336,500 $188,500 $148,000
2019 $7,036 $326,500 $188,500 $138,000
2018 $6,904 $319,500 $183,500 $136,000
2017 $7,429 $341,400 $178,500 $162,900
2016 $7,363 $336,200 $170,500 $165,700
2015 $7,358 $336,600 $168,500 $168,100
2014 $7,279 $337,000 $166,500 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3976484

Garden State MLS

APN: 05-00080-0000-00008