NOT LISTED FOR SALE

261 Lenox Place Somerset, NJ 08873

Estimated Value: $387,000 - $443,000

2 Beds
1 Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold September 25, 2024

Last sale price $385,000

Est. 9% increase in value since last sale

Current estimated payment $2,753/month

14 Days on Market

About This Home

As of September 2024

This home is located at 261 Lenox Place, Somerset, NJ 08873 since 31 July 2024 and is currently estimated at $420,569. 261 Lenox Place is a home located in Somerset County with nearby schools including Franklin High School.

Last Agent to Sell the Property

Robert Milton

KELLER WILLIAMS GREATER BRUNSWICK Brokerage Phone: 908-751-7721 Listed on: 07/31/2024

KELLER WILLIAMS GREATER BRUNSWICK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,280

Lot Details

  • 4,792 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,280

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5304274
  • Attribution Contact: 908-751-7721
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 47X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Gary Rateau
Bought by
Rateau Willy Gary
Current Estimated Value
$420,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Classic Realty Group Llc
Bought by
Rateau Gary and Rateau Johanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,400
Interest Rate
6.28%

Purchase Details

Closed on
May 13, 2005
Sold by
Sanders William G
Bought by
Classic Realty Group Llc

Purchase Details

Closed on
Feb 1, 1989
Sold by
Jackson Chritine
Bought by
Sanders William G and Sanders C
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Rateau Willy Gary -- New Title Company Name
Rateau Willy Gary -- New Title Company Name
Rateau Gary $292,000 --
Classic Realty Group Llc $200,000 --
Sanders William G $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rateau Willy Gary $272,000
Previous Owner Rateau Gary $287,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $385,000 +1.3% --
08/14/2024 08/14/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $379,900 -- --
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
2025 $6,280 $390,800 $244,800 $146,000
2024 $6,280 $344,700 $244,800 $99,900
2023 $6,105 $314,700 $214,800 $99,900
2022 $5,216 $254,700 $154,800 $99,900
2021 $5,000 $224,300 $124,800 $99,500
2020 $4,787 $209,300 $109,800 $99,500
2019 $4,504 $194,300 $94,800 $99,500
2018 $4,082 $174,300 $74,800 $99,500
2017 $3,980 $169,300 $69,800 $99,500
2016 $4,062 $171,300 $66,800 $104,500
2015 $4,058 $172,300 $67,800 $104,500
2014 $4,021 $173,300 $68,800 $104,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Robert Milton

    KELLER WILLIAMS GREATER BRUNSWICK

    (443) 567-9990

    5 in this area

    33 Total Sales

    Robert Milton
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Map

Source: Garden State MLS

MLS Number: 3916527

Garden State MLS

APN: 08-00300-0000-00016

New Jersey Somerset County Somerset 08873

261 Lenox Place, Somerset, NJ

This home is located at 261 Lenox Place, Somerset, NJ 08873 since 31 July 2024 and is currently estimated at $420,569. 261 Lenox Place is a home located in Somerset County with nearby schools including Franklin High School.

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