NOT LISTED FOR SALE

243 W Summit St Somerville, NJ 08876

Estimated Value: $607,000 - $778,000

-- Bed
-- Bath
2,354 Sq Ft
$290/Sq Ft Est. Value

About This Home

This home is located at 243 W Summit St, Somerville, NJ 08876 and is currently estimated at $682,853, approximately $290 per square foot. 243 W Summit St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2003
Sold by
Senza Llc
Bought by
Spencer Craig William G and Spencer Craig Susan
Current Estimated Value
$682,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$125,799
Interest Rate
6.01%
Estimated Equity
$565,096

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Spencer Craig William G $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craig Susan Spencer $100,000
Open Spencer Craig William G $250,000
Source: Public Records

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 $17,373 $439,500 $151,800 $287,700
2023 $16,973 $439,500 $151,800 $287,700
2022 $16,530 $439,500 $151,800 $287,700
2021 $15,976 $439,500 $151,800 $287,700
2020 $16,086 $439,500 $151,800 $287,700
2019 $15,976 $439,500 $151,800 $287,700
2018 $15,804 $439,500 $151,800 $287,700
2017 $15,479 $439,500 $151,800 $287,700
2016 $14,851 $439,500 $151,800 $287,700
2015 $14,653 $439,500 $151,800 $287,700
2014 $14,420 $439,500 $151,800 $287,700
Source: Public Records

Map

New Jersey Somerset County Somerville 08876

243 W Summit St, Somerville, NJ

Homes for Sale in Somerville, NJ

This home is located at 243 W Summit St, Somerville, NJ 08876 and is currently estimated at $682,853, approximately $290 per square foot. 243 W Summit St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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