NOT LISTED FOR SALE

2 Condit Place Bernardsville, NJ 07924

Estimated Value: $964,000 - $1,033,000

5 Beds
3 Baths
-- Sq Ft
0.47 Acres

Last Sold September 01, 2021

Last sale price $685,000

Est. 45% increase in value since last sale

Current estimated payment $6,478/month

46 Days on Market

About This Home

As of September 2021

This home is located at 2 Condit Place, Bernardsville, NJ 07924 since 04 May 2021 and is currently estimated at $994,950. This property was built in 1960. 2 Condit Place is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

Last Agent to Sell the Property

Cheryl Maddaluna

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 05/04/2021

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Linda Fragassi

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,186

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,186

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Somerset
  • Street Number Display: 2
  • I D: 5066674
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.20

Lot Info

  • Lot Size: .47AC
  • Total Acres: 0.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Aug 5, 2021
Sold by
Musum Craig and Musum Heather
Bought by
Valente Joseph J and Valente Meriah W
Seller's Agent
Cheryl Maddaluna
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Linda Fragassi
COLDWELL BANKER REALTY
List Price
$729,000
Sold Price
$685,000
Premium/Discount to List
-$44,000
-6.04%
Current Estimated Value
$994,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,950
Avg. Annual Appreciation
8.48%
Original Mortgage
$548,000
Outstanding Balance
$498,995
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$451,029

Purchase Details

Closed on
Aug 14, 2012
Sold by
Hofbeck Carole J
Bought by
Musum Craig and Musum Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2011
Sold by
Hofbeck Thomas J
Bought by
Hofbeck Carole J

Purchase Details

Closed on
Nov 6, 2007
Sold by
Hofbeck Helen A
Bought by
Hofbeck Thomas J and Hofbeck Carole J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Valente Joseph J $685,000 Westcor Land Title Ins Co
Musum Craig -- Fidelity National Title Ins
Hofbeck Carole J -- Acres Land Title Ag Ency Inc
Hofbeck Thomas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valente Joseph J $548,000
Previous Owner Musum Craig $325,000
Previous Owner Hofbeck Thomas J $400,000
Previous Owner Hofbeck Thomas $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $685,000 -2.0% --
06/30/2021 06/30/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $699,000 -4.1% --
05/14/2021 05/14/21 For Sale $729,000 -- --
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 $13,186 $674,500 $288,500 $386,000
2023 $12,874 $640,800 $274,700 $366,100
2022 $12,714 $618,400 $263,700 $354,700
2021 $11,757 $572,400 $258,500 $313,900
2020 $11,757 $558,800 $258,500 $300,300
2019 $11,341 $556,500 $253,500 $303,000
2018 $10,857 $545,300 $243,500 $301,800
2017 $10,664 $553,400 $243,500 $309,900
2016 $10,371 $552,800 $243,500 $309,300
2015 $9,990 $543,800 $233,500 $310,300
2014 $9,588 $524,200 $223,500 $300,700
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Maddaluna

    Seller's Agent in 2021

    Cheryl Maddaluna

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 507-7197

    42 in this area

    84 Total Sales

    Cheryl Maddaluna
    Section Image
  • Linda Fragassi

    Buyer's Agent in 2021

    Linda Fragassi

    COLDWELL BANKER REALTY

    (732) 221-3476

    1 in this area

    49 Total Sales

    Linda Fragassi
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3709524

Garden State MLS

APN: 03-00127-0000-00007

New Jersey Somerset County Bernardsville 07924

2 Condit Place, Bernardsville, NJ

This home is located at 2 Condit Place, Bernardsville, NJ 07924 since 04 May 2021 and is currently estimated at $994,950. This property was built in 1960. 2 Condit Place is a home located in Somerset County with nearby schools including Bedwell Elementary School, Bernardsville Middle School, and Bernards High School.

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