NOT LISTED FOR SALE

247 Hyde Park Rd Somerset, NJ 08873

Estimated Value: $454,000 - $493,000

2 Beds
2.5 Baths
1,306 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $300,000 $230 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,268/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Loft
  • Clubhouse
  • Wood Flooring
  • End Unit

About This Home

As of September 2020

Perfectly positioned close to New Brunswick's theatre district, Rutgers University, and a host of restaurants and shopping, this home promises a life of absolute convenience and comfort. There's a long list of upgrades to enjoy, plus a generous layout on an enviable corner location. Hardwood flooring throughout instantly sets the tone for this impressive abode while an abundance of natural light and a cozy fireplace ensures a warm and welcoming vibe. The kitchen offers stainless steel appliances, granite countertops, and new cabinetry. Outside, there's a sun-soaked deck ideal for entertaining. All the bedrooms are generous in size, including the master suite with a sitting room. You will also relish the unbeatable location close to schools, NJ Transit, and I-287.

Last Agent to Sell the Property

William Hecht

Heritage House Sotheby's International Realty License #1971252 Listed on: 07/23/2020

Heritage House Sotheby's International Realty

Last Buyer's Agent

NON MEMBER

VRI Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,347

Year Built

  • Built in 1986

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 43 x 73
  • End Unit

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Track Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Window Treatments
  • Sitting Room
  • Living Room
  • Dining Room
  • Loft
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 08-00424-10-00247

Community Details

Overview

  • Association fees include trash, common area, exterior maint, pool, snow removal
  • Quailbrook Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,347

Year Built

Built in 1986

Lot Details

0

HOA Fees

$235 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Tennis Court, Association, Pool, Clubhouse
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Pool, Snow Removal
  • Inclusions: Washer, Track Lighting, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Fireplace Equipment, Garbage Disposal, Gas Cooking
  • Subdivision Name: Quailbrook
  • Architectural Style: End Unit, Townhouse, 2 Story
  • Reso Flooring: Ceramic Tile, Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Loft, Security System
  • New Construction: No
  • Year Built: 1986
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.07
  • General Property Info Lot Dimensions: 43 x 73
  • General Property Info Farm: No
  • Location Middle School: Sampson G. Smith
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • SidingAluminum: Yes
  • General Property Info # Fireplaces: 1.0
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Common Elements Clubhouse: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Rooms Sitting: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Interior Loft: Yes
  • Common Elements Tennis Court: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Style End Unit: Yes
  • Included Track Lighting: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Storm Door(s)

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 43 x 73
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 08-00424-10-00247
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6347.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 1, 2020
Sold by
Ramallo Henry and Ramallo Teresa A
Bought by
Scott Kristen Alexis
Seller's Agent
William Hecht
Heritage House Sotheby's International Realty
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%
Current Estimated Value
$473,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,925
Avg. Annual Appreciation
9.44%
Original Mortgage
$291,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 26, 2012
Sold by
Lamarce Joann
Bought by
Williams Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,125
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1993
Sold by
Magrino Paul
Bought by
Ramallo Henry and Ramallo Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%
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
Scott Kristen Alexis $300,000 Westcor Land Title
Williams Carol $221,250 Chicago Title Insurance Co
Ramallo Henry $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scott Kristen Alexis $291,000
Previous Owner Williams Carol $199,125
Previous Owner Ramallo Henry $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $300,000 +3.5% $230 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $289,900 -- $222 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,558 $437,000 $210,000 $227,000
2024 $6,558 $360,700 $190,000 $170,700
2023 $6,386 $330,700 $160,000 $170,700
2022 $6,230 $305,700 $135,000 $170,700
2021 $6,328 $285,700 $115,000 $170,700
2020 $6,242 $275,700 $105,000 $170,700
2019 $6,347 $275,700 $105,000 $170,700
2018 $6,085 $261,600 $95,000 $166,600
2017 $5,872 $251,600 $85,000 $166,600
2016 $5,798 $246,600 $80,000 $166,600
2015 $5,525 $236,600 $70,000 $166,600
2014 $5,447 $236,600 $70,000 $166,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22025011

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00424-10-00247