162 Somerset Rd Norwood, NJ 07648
Estimated Value: $748,000 - $853,000
4
Beds
3
Baths
1,658
Sq Ft
$479/Sq Ft
Est. Value
About This Home
This home is located at 162 Somerset Rd, Norwood, NJ 07648 and is currently estimated at $794,887, approximately $479 per square foot. 162 Somerset Rd is a home located in Bergen County with nearby schools including Norwood Public School and Northern Valley Regional High School at Old Tappan.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2020
Sold by
Jin Choe Sung and Chong Eun
Bought by
Kranwinkel Grace
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2007
Sold by
Staunton Joseph
Bought by
Choe Sung Jin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2001
Sold by
Arthur Mitchell C
Bought by
Staunton Joseph and Staunton Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,600
Interest Rate
5.91%
Purchase Details
Closed on
Dec 19, 1997
Sold by
Kavanagh Owen and Kavanagh Patricia
Bought by
Arthur Mitchell C and Arthur Christine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.11%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Kranwinkel Grace | $568,000 | Stewart Title Guaranty Company | |
Kranwinkel Grace | $568,000 | Elite Title Group Llc | |
Choe Sung Jin | $620,000 | -- | |
Staunton Joseph | $375,800 | -- | |
Arthur Mitchell C | $285,000 | -- | |
Arthur Mitchell C | $285,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Kranwinkel Grace | $440,000 | |
Previous Owner | Choe Sung Jin | $236,207 | |
Previous Owner | Choe Sung Jin | $270,000 | |
Previous Owner | Staunton Joseph | $300,600 | |
Previous Owner | Arthur Mitchell C | $256,500 |
Source: Public Records
Tax History Compared to Growth
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 | $10,017 | $364,400 | $229,100 | $135,300 |
2024 | $9,638 | $364,400 | $229,100 | $135,300 |
2023 | $9,416 | $364,400 | $229,100 | $135,300 |
2022 | $9,416 | $364,400 | $229,100 | $135,300 |
2021 | $9,383 | $364,400 | $229,100 | $135,300 |
2020 | $9,172 | $364,400 | $229,100 | $135,300 |
2019 | $8,906 | $364,400 | $229,100 | $135,300 |
2018 | $8,899 | $364,400 | $229,100 | $135,300 |
2017 | $8,855 | $364,400 | $229,100 | $135,300 |
2016 | $8,651 | $364,400 | $229,100 | $135,300 |
2015 | $8,312 | $364,400 | $229,100 | $135,300 |
2014 | $8,217 | $364,400 | $229,100 | $135,300 |
Source: Public Records
Map
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