NOT LISTED FOR SALE

256 E Main St Somerville, NJ 08876

Estimated Value: $717,284

Studio
-- Bath
2,800 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 256 E Main St, Somerville, NJ 08876 and is currently estimated at $717,284, approximately $256 per square foot. 256 E Main 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
Aug 26, 2003
Sold by
Mclachlan Morgan
Bought by
Erickson Gerald and Smith Debra
Current Estimated Value
$717,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$109,649
Interest Rate
6.02%
Mortgage Type
Commercial
Estimated Equity
$607,635

Purchase Details

Closed on
Dec 31, 1992
Sold by
Mclachlan John M and Mclachlan Barbara H
Bought by
Mclachlan Morgan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Erickson Gerald $370,000 --
Mclachlan Morgan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Gerald $240,000
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
2025 $19,844 $502,000 $300,600 $201,400
2024 $19,844 $502,000 $300,600 $201,400
Source: Public Records

Map

New Jersey Somerset County Somerville 08876

256 E Main St, Somerville, NJ

Not Listed for Sale

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.

Nearby Homes