NOT LISTED FOR SALE

142 Farrell St Somerset, NJ 08873

Estimated Value: $507,000 - $581,000

3 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold October 13, 2023

Last sale price $485,000

Est. 14% increase in value since last sale

Current estimated payment $3,717/month

32 Days on Market

About This Home

As of October 2023

This home is located at 142 Farrell St, Somerset, NJ 08873 since 14 August 2023 and is currently estimated at $551,726. This property was built in 1972. 142 Farrell St is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

Last Agent to Sell the Property

JOHN JOHNSON III

EXIT PLATINUM REALTY Brokerage Phone: 973-746-4777 Listed on: 08/14/2023

Last Buyer's Agent

Douglas Swearengin

RE/MAX INSTYLE

RE/MAX INSTYLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,581

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,581

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • County Name: Somerset
  • Street Number Display: 142
  • I D: 5238960
  • Modified: 2024-10-14
  • Number Images: 1
  • Attribution Contact: 973-746-4777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.20

Lot Info

  • Lot Size: 80X200
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 13, 2023
Sold by
Brown Frederick P and Brown Hazel A
Bought by
Palmer Raynard and Palmer Viki
Seller's Agent
JOHN JOHNSON III
EXIT PLATINUM REALTY
Buyer's Agent
Douglas Swearengin
RE/MAX INSTYLE
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Total Days on Market
32
Views
142
Current Estimated Value
$551,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,726
Avg. Annual Appreciation
8.07%
Original Mortgage
$473,269
Interest Rate
7.12%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Palmer Raynard $485,000 Land Rush Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Raynard $476,938
Closed Palmer Raynard $473,269
Previous Owner Brown Frederick P $100,000
Previous Owner Brown Frederick P $121,200
Previous Owner Brown Frederick P $118,238
Previous Owner Brown Frederick P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $485,000 +2.1% --
09/22/2023 09/22/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $475,000 -- --
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 $7,581 $416,100 $256,100 $160,000
2023 $7,490 $386,100 $226,100 $160,000
2022 $6,679 $326,100 $166,100 $160,000
2021 $5,214 $296,100 $136,100 $160,000
2020 $6,429 $281,100 $121,100 $160,000
2019 $6,168 $266,100 $106,100 $160,000
2018 $5,764 $246,100 $86,100 $160,000
2017 $5,668 $241,100 $81,100 $160,000
2016 $5,622 $237,100 $78,100 $159,000
2015 $5,357 $238,100 $79,100 $159,000
2014 $5,297 $239,100 $80,100 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3859537

Garden State MLS

APN: 08-00345-0000-00037