20 Freeman Rd Somerset, NJ 08873
Estimated Value: $568,000 - $687,000
--
Bed
--
Bath
2,004
Sq Ft
$317/Sq Ft
Est. Value
About This Home
This home is located at 20 Freeman Rd, Somerset, NJ 08873 and is currently estimated at $634,916, approximately $316 per square foot. 20 Freeman Rd is a home located in Somerset County with nearby schools including Franklin High School and Cedar Hill Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2005
Sold by
Alampi Theresa
Bought by
Morrison Joseph and Morrison Sonja
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
$332,500
Outstanding Balance
$172,783
Interest Rate
5.59%
Estimated Equity
$462,133
Purchase Details
Closed on
Nov 21, 1996
Sold by
Ricker Peter
Bought by
Chierchio Theresa and Gonzalez Jerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 28, 1988
Sold by
Koziol Raymond J and Koziol Andrea L
Bought by
Ricker Peter W and Ricker Deborah L
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Morrison Joseph | $350,000 | -- | |
Chierchio Theresa | $162,000 | -- | |
Ricker Peter W | $172,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Morrison Joseph | $332,500 | |
Previous Owner | Chierchio Theresa | $128,000 |
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 | $8,640 | $595,400 | $370,000 | $225,400 |
2024 | $8,640 | $474,200 | $320,000 | $154,200 |
2023 | $8,617 | $444,200 | $290,000 | $154,200 |
2022 | $8,278 | $404,200 | $250,000 | $154,200 |
2021 | $7,070 | $329,200 | $175,000 | $154,200 |
2020 | $7,071 | $309,200 | $155,000 | $154,200 |
2019 | $7,167 | $309,200 | $155,000 | $154,200 |
2018 | $7,124 | $304,200 | $150,000 | $154,200 |
2017 | $7,152 | $304,200 | $150,000 | $154,200 |
2016 | $7,068 | $298,100 | $140,000 | $158,100 |
2015 | $6,667 | $283,100 | $125,000 | $158,100 |
2014 | $6,004 | $258,800 | $130,000 | $128,800 |
Source: Public Records
Map
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