NOT LISTED FOR SALE

Estimated Value: $786,000 - $876,000

-- Bed
2 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold October 24, 2018

Last sale price $480,000

Est. 74% increase in value since last sale

Current estimated payment $5,453/month

68 Days on Market

About This Home

As of October 2018

This home is located at 16 Dumont Rd, Far Hills, NJ 07931 since 18 May 2018 and is currently estimated at $833,738. This property was built in 1920. 16 Dumont Rd is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Last Listed By

EDWARD TOPAR

FREDERICK MARK REALTORS Brokerage Phone: 908-654-7355 Listed on: 05/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,960

Year Built

  • 1920

Lot Details

  • 9,148 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,960

Year Built

1920

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 16
  • I D: 4805558
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-654-7355
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1920

Lot Info

  • Lot Size: 75X120
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Oct 25, 2018
Sold by
Topar Edward D
Bought by
Paragano Nazario M
Seller's Agent
EDWARD TOPAR
FREDERICK MARK REALTORS
Buyer's Agent
EDWARD TOPAR
FREDERICK MARK REALTORS
List Price
$150,000
Sold Price
$480,000
Premium/Discount to List
$330,000
220%
Total Days on Market
68
Current Estimated Value
$833,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,738
Avg. Annual Appreciation
9.67%
Original Mortgage
$408,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1994
Sold by
Schumacher Linda
Bought by
Bracman Larry and Bracman Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
9%

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 Buyer Sale Price Title Company
Paragano Nazario M $480,000 Fidelity Natl Title Ins Co
Bracman Larry $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paragano Nazario M $620,000
Closed Paragano Nazario M $408,000
Previous Owner Winchell Sabine Georgia $75,000
Previous Owner Bracman Larry $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $480,000 +220.0% --
07/25/2018 07/25/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $150,000 -- --
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 $9,960 $778,700 $238,200 $540,500
2023 $9,174 $695,500 $216,600 $478,900
2022 $8,948 $674,300 $210,300 $464,000
2021 $7,295 $654,000 $201,100 $452,900
2020 $6,533 $481,400 $189,000 $292,400
2019 $6,701 $493,800 $178,300 $315,500
2018 $6,920 $514,900 $174,800 $340,100
2017 $6,672 $510,100 $160,300 $349,800
2016 $6,479 $498,400 $154,200 $344,200
2015 $6,414 $493,800 $152,700 $341,100
2014 $6,148 $471,800 $151,200 $320,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3472012

Garden State MLS

APN: 07-00013-0000-00015