NOT LISTED FOR SALE

183 E High St Somerville, NJ 08876

Estimated Value: $498,000 - $547,000

-- Bed
-- Bath
1,646 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $480,000 $292 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,630/month

26 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Utility Room
  • Somerville High School Rated A-
  • Private Yard
  • Fenced

About This Home

As of June 2024

Welcome to this charming 2-family home nestled in the heart of Somerville, NJ! Conveniently located just blocks away from the County Courthouse, shopping, and dining, this property offers the perfect blend of comfort and convenience. The downstairs apartment features 2 spacious bedrooms, along with an additional room that could serve as a cozy den or home office. With laundry hookups right in the unit, chores become a breeze. The large eat-in kitchen provides ample space for culinary creations and gatherings with loved ones. The upstairs apartment has 1 bedroom and a large kitchen. Somerville itself exudes small-town charm with its old-fashioned downtown area, offering a plethora of shops and restaurants to explore. With shopping nearby and easy access to public transportation, everything you need is within reach. Consider the potential for rental income by living in one apartment and renting out the other, which can help offset high interest rates. Don't miss out on this opportunity.

Last Agent to Sell the Property

Bruce Parker

BEST REALTY Listed on: 03/29/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,276

Year Built

  • Built in 1900

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 2000.00 x 50.00
  • Fenced
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,646 Sq Ft Home
  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Hot Water Baseboard Heater
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,276

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Lot Size: 2000.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Exterior Entry, Utility Room
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,Laundry Hookup,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room)
  • Living Area: 1646
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, See Remarks, Near Public Transit
  • Exterior Features: Deck, Fencing/Wall, Yard
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 10001
  • Zoning: R-2

Tax Info

  • Tax Annual Amount: 10276
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2017
Sold by
Rezende Renato D and Rezende Agnieszka
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trusts
Current Estimated Value
$519,113

Purchase Details

Closed on
Sep 30, 2004
Sold by
Rezende Renato D
Bought by
Rezende Renato D

Purchase Details

Closed on
Jun 2, 1999
Sold by
Vanfleet Jeffrey
Bought by
Rezende Renato and Tomczuk Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
Us Bank Trust Na $1,000 None Available
Rezende Renato D -- --
Rezende Renato $145,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rezende Renato $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $480,000 +3.9% $292 / Sq Ft
03/29/2024 03/29/24 For Sale $462,000 -- $281 / 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
2025 $10,519 $266,100 $138,000 $128,100
2024 $10,519 $266,100 $138,000 $128,100
2023 $10,277 $266,100 $138,000 $128,100
2022 $10,008 $266,100 $138,000 $128,100
2021 $10,374 $266,100 $138,000 $128,100
2020 $9,739 $266,100 $138,000 $128,100
2019 $10,374 $285,400 $138,000 $147,400
2018 $10,263 $285,400 $138,000 $147,400
2017 $10,052 $285,400 $138,000 $147,400
2016 $9,644 $285,400 $138,000 $147,400
2015 $9,515 $285,400 $138,000 $147,400
2014 $9,364 $285,400 $138,000 $147,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2409899R

All Jersey MLS

APN: 18-00072-0000-00020