NOT LISTED FOR SALE

18 Lexington Rd Somerset, NJ 08873

Estimated Value: $577,000 - $630,000

4 Beds
2.5 Baths
1,792 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 04, 2023

Last sale price $525,000 $293 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,058/month

99 Days on Market

Highlights

  • Solar Power System
  • Formal Dining Room
  • Eat-In Kitchen
  • Sun or Florida Room
  • 1 Car Attached Garage
  • Interior Lot

About This Home

As of May 2023

Location!!! Location!!! Location!!! Welcome to the most desirable neighborhood in Franklin. This 4 bed 2.5 bath split level is the perfect starter home located in the foxwood section of Somerset. This property has a lot to offer. BRAND NEW ROOF installed last year with the installation of solar panels. This well maintained property features attached garage, EIK, Massive dining room, a bedroom on the first floor along with a half bath. Master bedroom w/ full bathroom. The minute you enter the property you will notice the space immediately. You will see the massive living room along with the massive family room. As you enter the family room you will notice the massive enclosed sunroom. Perfect for gatherings, parties, and enjoying the beautiful weather overseeing the massive yard. This property will not last, Come see before It's too late.

Last Agent to Sell the Property

MUDASIR JAMILE

UNITED R.E. OF NORTH JERSEY Listed on: 01/24/2023

UNITED R.E. OF NORTH JERSEY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,737

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 115.00 x 103.00
  • Interior Lot
  • Property is zoned R10

Parking

  • 1 Car Attached Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Metropolitan Park Sec 01 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,737

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2719
  • Lot Size: 115.00 x 103.00
  • Ownership: Fee Simple
  • Subdivision Name: Metropolitan Park Sec 01
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: 2nd Floor, Multi/Split
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1963
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, See Remarks, Washer, Gas Water Heater
  • Has Basement: Full, Storage Space, Interior Entry, Utility Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, See Remarks, Vinyl-Linoleum
  • Interior Amenities: 1 Bedroom, Family Room, Florida Room, Kitchen, Living Room, Dining Room, 3 Bedrooms
  • Living Area: 1792
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks, Interior Lot
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 11844
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 8737
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 13, 2023
Sold by
Long Mckendree
Bought by
Ferrusca David Mora and Sarceno Karen Violeta
Seller's Agent
MUDASIR JAMILE
UNITED R.E. OF NORTH JERSEY
List Price
$525,000
Sold Price
$525,000
Views
86
Current Estimated Value
$610,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,413
Avg. Annual Appreciation
5.92%
Original Mortgage
$393,750
Outstanding Balance
$384,518
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$216,506

Purchase Details

Closed on
Jun 29, 2007
Sold by
Knudsen Anker and Knudsen Irene
Bought by
Kaur Bapinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ferrusca David Mora $525,000 Allied Title
Kaur Bapinder $360,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrusca David Mora $393,750
Previous Owner Long Bapinder K $50,000
Previous Owner Kaur Bapinder $240,000
Previous Owner Kaur Bapinder $288,000
Previous Owner Knudsen Anzer J $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $525,000 0.0% $293 / Sq Ft
01/24/2023 01/24/23 For Sale $525,000 -- $293 / Sq Ft
Source: All Jersey 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 $9,081 $498,400 $323,500 $174,900
2023 $9,052 $466,600 $291,700 $174,900
2022 $8,737 $426,600 $251,700 $174,900
2021 $7,672 $344,200 $181,700 $162,500
2020 $7,643 $334,200 $171,700 $162,500
2019 $7,515 $324,200 $161,700 $162,500
2018 $7,241 $309,200 $146,700 $162,500
2017 $6,917 $294,200 $131,700 $162,500
2016 $6,738 $284,200 $121,700 $162,500
2015 $6,340 $269,200 $106,700 $162,500
2014 $6,129 $264,200 $101,700 $162,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MUDASIR JAMILE

    UNITED R.E. OF NORTH JERSEY

    (201) 824-3114

    2 in this area

    12 Total Sales

    MUDASIR JAMILE
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Map

Source: All Jersey MLS

MLS Number: 2307604R

All Jersey MLS

APN: 08-00332-0000-00022

New Jersey Somerset County Somerset 08873

18 Lexington Rd, Somerset, NJ

This home is located at 18 Lexington Rd, Somerset, NJ 08873 since 24 January 2023 and is currently estimated at $610,413, approximately $340 per square foot. This property was built in 1963. 18 Lexington Rd is a home located in Somerset County with nearby schools including Franklin High School and Rutgers Preparatory School.

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