NOT LISTED FOR SALE

25 27 Somerset St Somerville, NJ 08876

Estimated Value: $544,662 - $629,000

-- Bed
-- Bath
1,964 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $430,000 $219 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,093/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Radiator
  • Somerville High School Rated A-

About This Home

As of March 2021

This home is located at 25 27 Somerset St, Somerville, NJ 08876 since 17 September 2020 and is currently estimated at $577,916, approximately $294 per square foot. This property was built in 1920. 25 27 Somerset St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Listed By

August Marcello III

Keller Williams Real Estate - Newtown License #1971992 Listed on: 09/17/2020

Keller Williams Real Estate - Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,179

Year Built

  • Built in 1920

Lot Details

  • 6,468 Sq Ft Lot
  • Lot Dimensions are 42.00 x 154.00

Home Design

  • 1,964 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Frame Construction

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 18-00124 01-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,179

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Room Count: 10
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1964
  • Living Area Sq Ft: 1964
  • Price Per Sq Ft: 216.34
  • Above Grade Finished Sq Ft: 1964
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

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: No
  • Type Of Parking: Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: SOMERVILLE BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396577
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 42.00 x 154.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6468.00
  • Year Assessed: 2020
  • Zoning: 18

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9179.00
  • Assessor Parcel Number: 18-00124 01-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 1964
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/16/2021

MLS Schools

  • School District Name: SOMERVILLE BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Mar 15, 2021
Sold by
Ferris Timothy J and Kalmback Patricia A
Bought by
Musto Leanne Michele
Seller's Agent
August Marcello III
Keller Williams Real Estate - Newtown
Buyer's Agent
August Marcello III
Keller Williams Real Estate - Newtown
List Price
$424,900
Sold Price
$430,000
Premium/Discount to List
$5,100
1.2%
Total Days on Market
4
Current Estimated Value
$577,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,916
Avg. Annual Appreciation
6.14%
Original Mortgage
$365,000
Outstanding Balance
$334,685
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$216,039

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
Musto Leanne Michele $430,000 Property Transfer Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musto Leanne Michele $365,000
Previous Owner Kalmback Patricia A $100,000
Previous Owner Mcnally Thomas C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $430,000 +1.2% $219 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $424,900 -- $216 / Sq Ft
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
2024 $10,673 $270,000 $110,000 $160,000
2023 $10,427 $270,000 $110,000 $160,000
2022 $10,155 $270,000 $110,000 $160,000
2021 $9,117 $250,800 $110,000 $140,800
2020 $9,179 $250,800 $110,000 $140,800
2019 $9,117 $250,800 $110,000 $140,800
2018 $9,019 $250,800 $110,000 $140,800
2017 $8,833 $250,800 $110,000 $140,800
2016 $8,475 $250,800 $110,000 $140,800
2015 $8,362 $250,800 $110,000 $140,800
2014 $8,229 $250,800 $110,000 $140,800
Source: Public Records

Agents Affiliated with this Home

  • August Marcello III

    Seller's Agent in 2021

    August Marcello III

    Keller Williams Real Estate - Newtown

    (609) 915-4724

    1 in this area

    9 Total Sales

    August Marcello III
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Map

Source: Bright MLS

MLS Number: NJSO113766

Bright MLS

APN: 18-00124-01-00006

New Jersey Somerset County Somerville 08876

25 27 Somerset St, Somerville, NJ

Homes for Sale in Somerville, NJ

This home is located at 25 27 Somerset St, Somerville, NJ 08876 since 17 September 2020 and is currently estimated at $577,916, approximately $294 per square foot. This property was built in 1920. 25 27 Somerset St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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