NOT LISTED FOR SALE

261 W Point Ave Somerset, NJ 08873

Estimated Value: $406,000 - $616,000

-- Bed
-- Bath
1,560 Sq Ft
$332/Sq Ft Est. Value

About This Home

This home is located at 261 W Point Ave, Somerset, NJ 08873 and is currently estimated at $518,421, approximately $332 per square foot. 261 W Point Ave is a home located in Somerset County with nearby schools including Franklin High School and Cedar Hill Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2016
Sold by
Williams Kevin and Williams Ruth
Bought by
Willams Ruth
Current Estimated Value
$518,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Outstanding Balance
$146,667
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$371,754

Purchase Details

Closed on
Nov 9, 1995
Sold by
Davis Roy
Bought by
Williams Kevin and Williams Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.53%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Willams Ruth -- First Legacy Group Title & A
Williams Kevin $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willams Ruth $183,500
Previous Owner Williams Kevin $139,000
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 $7,474 $481,900 $254,800 $227,100
2024 $7,474 $410,200 $254,800 $155,400
2023 $7,376 $380,200 $224,800 $155,400
2022 $6,558 $320,200 $164,800 $155,400
2021 $5,819 $290,200 $134,800 $155,400
2020 $6,294 $275,200 $119,800 $155,400
2019 $6,031 $260,200 $104,800 $155,400
2018 $5,625 $240,200 $84,800 $155,400
2017 $5,530 $235,200 $79,800 $155,400
2016 $5,505 $232,200 $76,800 $155,400
2015 $5,492 $233,200 $77,800 $155,400
2014 $5,433 $234,200 $78,800 $155,400
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

261 W Point Ave, Somerset, NJ

This home is located at 261 W Point Ave, Somerset, NJ 08873 and is currently estimated at $518,421, approximately $332 per square foot. 261 W Point Ave is a home located in Somerset County with nearby schools including Franklin High School and Cedar Hill Preparatory School.

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