NOT LISTED FOR SALE

26 Elm St Somerset, NJ 08873

Estimated Value: $497,000 - $543,000

3 Beds
2 Baths
-- Sq Ft
7,501 Sq Ft Lot

Last Sold September 06, 2022

Last sale price $445,000

Est. 18% increase in value since last sale

Current estimated payment $3,482/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Beamed Ceilings
  • Wood Burning Stove
  • No HOA
  • Formal Dining Room

About This Home

As of September 2022

The Village of East Millstone is a collection of quaint little streets steeped in history with a vibrant sense of community. The D&R Canal offers endless paths for biking and strolling nearby and, just a bit further, Colonial Park is a popular spot, especially among dog owners. With a new coat of bright white paint and a brand new roof to go with it, this tidy 1865 Colonial fits into its surroundings just perfectly! The interior is, thankfully, just as lovingly maintained and loaded with authentic character. Exposed brick and wood beams impart a farmhouse feel, while the openness is conducive to a modern lifestyle. Another modern-day amenity is a huge garage that easily holds multiple cars and any lawn or gardening supplies. A stone firepit is a fun addition to the fenced property. The back entry is sized just right for a catch-all bench before continuing into the roomy kitchen with stainless steel appliances and timeless white cabinetry. There’s even extra storage beneath breakfast bar seating and a period-appropriate wood-stove tucked into an alcove. The laundry is discreetly stacked in one of the two full bathrooms, both delightfully updated with shiplap and beadboard walls. The upper bath even offers separate sinks. In keeping with the farmhouse style, original painted pumpkin pine floors carry into 2 of the 3 bedrooms. The main bedroom has a walk-in closet - a welcome surprise in a home of this vintage!

Last Agent to Sell the Property

Lauren Adams

(908) 812-9557 ladams@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1756236 Listed on: 07/08/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,163

Year Built

  • Built in 1865 | Remodeled in 2016

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Property is in very good condition
  • Property is zoned R10H

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Hot Water Baseboard Heater

Community Details

  • No Home Owners Association
  • East Millstone Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 08-00073 01-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,163

Year Built

Built in 1865 | Remodeled in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1865
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: The Village of East Millstone is a collection of quaint little streets steeped in history with a vibrant sense of community. The D&R Canal offers endless paths for biking and strolling nearby and, just a bit further, Colonial Park is a popular spot, especially among dog owners. With a new coat of bright white paint and a brand new roof to go with it, this tidy 1865 Colonial fits into its surroundings just perfectly! The interior is, thankfully, just as lovingly maintained and loaded with authentic character. Exposed brick and wood beams impart a farmhouse feel, while the openness is conducive to a modern lifestyle. Another modern-day amenity is a huge garage that easily holds multiple cars and any lawn or gardening supplies. A stone firepit is a fun addition to the fenced property. The back entry is sized just right for a catch-all bench before continuing into the roomy kitchen with stainless steel appliances and timeless white cabinetry. There’s even extra storage beneath breakfast bar seating and a period-appropriate wood-stove tucked into an alcove. The laundry is discreetly stacked in one of the two full bathrooms, both delightfully updated with shiplap and beadboard walls. The upper bath even offers separate sinks. In keeping with the farmhouse style, original painted pumpkin pine floors carry into 2 of the 3 bedrooms. The main bedroom has a walk-in closet - a welcome surprise in a home of this vintage!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Microwave, Oven/Range - Gas, Refrigerator
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Dining Area, Exposed Beams, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Wood Floors, Stove - Wood, Walk-In Closet(s), Tub Shower, Stall Shower
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Beamed Ceilings
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Full Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 26

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397466
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 125700.00
  • Land Assessed Value: 164800.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R10H

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3212848
  • Assessor Parcel Number: 08-00073 01-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/06/2022

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Sep 1, 2022
Sold by
Bullis John C and Bullis Regan J
Bought by
Schwalb Anthony Robert and Beideman Jessica Marie
Seller's Agent
Lauren Adams
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$429,900
Sold Price
$445,000
Premium/Discount to List
$15,100
3.51%
Views
3
Current Estimated Value
$526,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,542
Avg. Annual Appreciation
5.61%
Original Mortgage
$431,650
Outstanding Balance
$412,556
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$113,986

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 17, 2020
Sold by
Begley Austin and Lutz Annie R
Bought by
Bullis John C and Jones Regan E
Seller's Agent
angela squeo
RE/MAX OUR TOWN
Buyer's Agent
Lauren Adams
CALLAWAY HENDERSON SOTHEBY'S IR
List Price
$299,000
Sold Price
$330,000
Premium/Discount to List
$31,000
10.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
Original Mortgage
$320,100
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2015
Closed on
Nov 29, 2016
Sold by
New Jersey Housing & Mortgage Finance Ag
Bought by
Begley Austin and Lutz Annie R
Seller's Agent
PATRICIA CRIVELLO
STATEWIDE ASSET MANAGEMENT
Buyer's Agent
JEFFREY LUTZ
C-21 CHRISTEL REALTY
List Price
$216,000
Sold Price
$186,000
Premium/Discount to List
-$30,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.74%
Original Mortgage
$197,030
Interest Rate
3.47%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 21, 2015
Sold by
Murray Keith S
Bought by
Police & Firemens Retirement System Board and Administrative Agent New Jeresey Housing

Purchase Details

Closed on
Aug 30, 2006
Sold by
Steinbruck Kimberlee J Murray
Bought by
Murray Keith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schwalb Anthony Robert $445,000 --
Schwalb Anthony Robert $445,000 None Listed On Document
Bullis John C $330,000 None Available
Begley Austin $186,000 New Jersey Land Title
Police & Firemens Retirement System Board $1,000 Attorney
Murray Keith S $185,000 --
Steinbruck Kimberlee J Murray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwalb Anthony Robert $431,650
Closed Schwalb Anthony Robert $431,650
Previous Owner Bullis John C $320,100
Previous Owner Begley Austin $197,030
Previous Owner Steinbruck Kimberlee J Murray $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2022 09/06/22 Sold $445,000 +3.5% --
07/21/2022 07/21/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $429,900 +30.3% --
06/19/2020 06/19/20 Sold $330,000 +10.4% $215 / Sq Ft View Prior Sale
05/15/2020 05/15/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $299,000 +60.8% $195 / Sq Ft
12/16/2016 12/16/16 Sold $186,000 -13.9% -- View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
07/13/2015 07/13/15 For Sale $216,000 -- --
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
2025 $8,163 $541,000 $344,800 $196,200
2024 $8,163 $449,000 $314,800 $134,200
2023 $7,898 $409,000 $274,800 $134,200
2022 $5,920 $290,500 $164,800 $125,700
2021 $6,221 $290,500 $164,800 $125,700
2020 $6,095 $269,200 $154,800 $114,400
2019 $6,197 $269,200 $154,800 $114,400
2018 $6,029 $259,200 $144,800 $114,400
2017 $5,816 $249,200 $134,800 $114,400
2016 $5,919 $249,200 $134,800 $114,400
2015 $5,919 $253,500 $139,800 $113,700
2014 $5,836 $253,500 $139,800 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO2001532

Bright MLS

APN: 08-00073-01-00009