NOT LISTED FOR SALE

221 Bennetts Ln Somerset, NJ 08873

Estimated Value: $581,000 - $1,456,000

2 Beds
1 Bath
1,026 Sq Ft
$920/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $390,000 $380 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,975/month

Highlights

  • 10.8 Acre Lot
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Bungalow

About This Home

As of December 2021

This home is located at 221 Bennetts Ln, Somerset, NJ 08873 since 31 December 2021 and is currently estimated at $944,266, approximately $920 per square foot. This property was built in 1925. 221 Bennetts Ln is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

Last Agent to Sell the Property

Michael Eagan

(609) 675-0979 mikeeagan1@aol.com Mezzina Agency License #8938504 Listed on: 12/31/2021

Last Buyer's Agent

Michael Eagan

(609) 675-0979 mikeeagan1@aol.com Mezzina Agency License #8938504 Listed on: 12/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,256

Year Built

  • Built in 1925

Lot Details

  • 10.8 Acre Lot
  • Property is zoned R40

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Frame Construction

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Orchard View Subdivision

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 08-00085-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,256

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 438.60
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 221

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SOMERSET HILLS REGIONAL SCHOOLS
  • School District Key: 300200396401
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 95900.00
  • Land Assessed Value: 368800.00
  • Lot Size Acres: 10.80
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 470448.00
  • Year Assessed: 2021
  • Zoning: R40

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3213505
  • Tax Annual Amount: 10256.00
  • Assessor Parcel Number: 08-00085-00024
  • Tax Lot: 00024
  • Tax Total Finished Sq Ft: 1026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/31/2021

MLS Schools

  • School District Name: SOMERSET HILLS REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2025
Sold by
Fischer Realty Llc
Bought by
Lochiatto Hardscapes Llc
Current Estimated Value
$944,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Outstanding Balance
$1,296,630
Interest Rate
6.76%
Mortgage Type
Seller Take Back
Estimated Equity
-$352,364

Purchase Details

Closed on
Oct 4, 2021
Sold by
Olive Enterprises Llc
Bought by
Fischer Realy Llc
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
Lochiatto Hardscapes Llc $1,500,000 Vintage Title Services
Lochiatto Hardscapes Llc $1,500,000 Vintage Title Services
Fischer Realy Llc $390,000 Foundation Title Llc
Fischer Realty Llc $390,000 Catic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lochiatto Hardscapes Llc $1,300,000
Closed Lochiatto Hardscapes Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2021 12/31/21 Sold $390,000 -13.3% $380 / Sq Ft
12/31/2021 12/31/21 For Sale $450,000 -- $439 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
Source: Bright 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 $11,624 $688,900 $548,800 $140,100
2024 $11,624 $644,700 $548,800 $95,900
2023 $10,469 $544,700 $448,800 $95,900
2022 $10,235 $504,700 $408,800 $95,900
2021 $10,256 $464,700 $368,800 $95,900
2020 $10,498 $464,700 $368,800 $95,900
2019 $10,628 $464,700 $368,800 $95,900
2018 $10,388 $449,700 $353,800 $95,900
2017 $10,429 $449,700 $353,800 $95,900
2016 $10,518 $449,700 $353,800 $95,900
2015 $10,447 $449,700 $353,800 $95,900
2014 $10,289 $449,700 $353,800 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Eagan

    Seller's Agent in 2021

    Michael Eagan

    Mezzina Agency

    (609) 675-0979

    2 in this area

    87 Total Sales

    Michael Eagan
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Map

Source: Bright MLS

MLS Number: NJSO2000688

Bright MLS

APN: 08-00085-0000-00024

New Jersey Somerset County Somerset 08873

221 Bennetts Ln, Somerset, NJ

This home is located at 221 Bennetts Ln, Somerset, NJ 08873 since 31 December 2021 and is currently estimated at $944,266, approximately $920 per square foot. This property was built in 1925. 221 Bennetts Ln is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

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