NOT LISTED FOR SALE

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
$786,627

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%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

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 $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

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