NOT LISTED FOR SALE

248 Wilson Rd Somerset, NJ 08873

Estimated Value: $736,000 - $942,000

7 Beds
3 Baths
-- Sq Ft
3.36 Acres

Last Sold November 04, 2015

Last sale price $410,000

Est. 108% increase in value since last sale

Current estimated payment $5,682/month

About This Home

As of November 2015

This home is located at 248 Wilson Rd, Somerset, NJ 08873 since 04 November 2015 and is currently estimated at $853,419. 248 Wilson Rd is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Rutgers Preparatory School.

Last Agent to Sell the Property

ANDREW ZASTKO

GLORIA ZASTKO REALTORS Brokerage Phone: 732-297-0600 Listed on: 11/04/2015

Last Buyer's Agent

RICHARD HENDRIKSEN

GLORIA ZASTKO REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,382

Lot Details

  • 3.36

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,382

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 248
  • I D: 4558002
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 732-297-0600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2016
Sold by
Faillarce John T
Bought by
Failace Rachael A and Nalewajko Thomas
Current Estimated Value
$853,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$168,425
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$639,235

Purchase Details

Listed on
Nov 4, 2015
Closed on
Nov 4, 2015
Sold by
Margulies Howard and Masobon Mary Theresa
Bought by
Faillace John T
Seller's Agent
ANDREW ZASTKO
GLORIA ZASTKO REALTORS
Buyer's Agent
RICHARD HENDRIKSEN
GLORIA ZASTKO REALTORS
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Joyce Ruth
Bought by
Margulies Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.78%
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Failace Rachael A $410,000 Signature Settlement & Title
Faillace John T $410,000 Westcor Land Title Ins Co
Margulies Howard $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Failace Rachael A $245,000
Previous Owner Margulies Howard $375,000
Previous Owner Marguiles Howard $384,000
Previous Owner Margulies Howard $200,000
Previous Owner Margulies Howard $550,000
Previous Owner Margulies Howard $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2015 11/04/15 Sold $410,000 -- --
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 $12,382 $681,100 $386,700 $294,400
2023 $10,808 $559,700 $265,300 $294,400
2022 $10,693 $524,700 $230,300 $294,400
2021 $10,736 $484,700 $190,300 $294,400
2020 $10,974 $484,700 $190,300 $294,400
2019 $11,158 $484,700 $190,300 $294,400
2018 $11,274 $484,700 $190,300 $294,400
2017 $11,080 $474,700 $180,300 $294,400
2016 $11,278 $479,700 $185,300 $294,400
2015 $11,201 $479,700 $185,300 $294,400
2014 $11,020 $478,700 $184,300 $294,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    ANDREW ZASTKO

    GLORIA ZASTKO REALTORS

  • R

    Buyer's Agent in 2015

    RICHARD HENDRIKSEN

    GLORIA ZASTKO REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3243861

Garden State MLS

APN: 08-00424-12-00002-04

New Jersey Somerset County Somerset 08873

248 Wilson Rd, Somerset, NJ

This home is located at 248 Wilson Rd, Somerset, NJ 08873 since 04 November 2015 and is currently estimated at $853,419. 248 Wilson Rd is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Rutgers Preparatory 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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes