NOT LISTED FOR SALE

28 Gates Rd Somerset, NJ 08873

Franklin Area

Estimated Value: $608,000 - $678,000

5 Beds
2 Baths
2,048 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2014

Last sale price $345,000 $168 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,385 / mo

48 Days on Market

Highlights

  • 1.37 Acre Lot
  • Deck
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • Skylights

About This Home

As of August 2014

Charming home featuring hardwood flooring throughout. Living Room with ceiling fan, Dining Room with chair rail molding, Family Room with recessed lights and fireplace with custom mantle, 1st floor Den/Bedroom and full Bath. Remodeled Kitchen with cherry cabinetry, recessed lights, stainless steel appliances, Corian sink and countertops and breakfast bar. Beautiful backyard with Trex Deck plus Paver Patio and walkway and Koi pond. Four Bedrooms on the second floor including the Master Bedroom with skylights plus a Cedar linen closet and the second full bath.

Last Agent to Sell the Property

Richard Abrams

(609) 750-7300 rabrams291@aol.com Century 21 Abrams & Associates, Inc. License #7942045 Listed on: 05/15/2014

Century 21 Abrams & Associates, Inc.

Last Buyer's Agent

Donna Warters

(732) 254-1700 spizarro@weichertrealtors.net Weichert Realtors-East Brunswick

Weichert Realtors-East Brunswick

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,461

Year Built

  • Built in 1948

Lot Details

  • 1.37 Acre Lot
  • Lot Dimensions are 100x595
  • Sprinkler System
  • Property is zoned R40

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,048 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Franklin Township High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00066 01
  • Assessor Parcel Number 08-00386 08-00066 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,461

Year Built

Built in 1948

Lot Details

1.37 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Net Sq Ft: 2048.00
  • Price Per Sq Ft: 175.73
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: FRANKLIN TOWNSHIP

Lot Info

  • Lot Size Acres: 1.37
  • Lot Dimensions: 100X595
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 59500.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R40

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7461.00
  • Assessor Parcel Number: 08-00386 08-00066 01
  • Tax Lot: 00066 01
  • Tax Year: 2013

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Aug 22, 2014
Sold by
Bought by
Seller's Agent
Richard Abrams
Century 21 Abrams & Associates, Inc.
Buyer's Agent
Donna Warters
Weichert Realtors-East Brunswick
List Price
$379,900
Sold Price
$345,000
Premium/Discount to List
-$34,900
-9.19%
Current Estimated Value
$657,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,094
Avg. Annual Appreciation
5.55%
Original Mortgage
$276,000
Interest Rate
0.0412%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 None Available
$440,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Open $276,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $345,000 -4.1% $168 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/03/2014 06/03/14 Price Changed $359,900 -5.3% $176 / Sq Ft
05/15/2014 05/15/14 For Sale $379,900 -- $185 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,658 $575,400 $315,100 $260,300
2025 $8,603 $555,400 $295,100 $260,300
2024 $8,603 $473,200 $295,100 $178,100
2023 $9,137 $473,200 $295,100 $178,100
2022 $8,421 $413,200 $235,100 $178,100
2021 $8,266 $373,200 $195,100 $178,100
2020 $8,223 $363,200 $185,100 $178,100
2019 $8,131 $353,200 $175,100 $178,100
2018 $7,867 $338,200 $160,100 $178,100
2017 $7,702 $330,000 $150,100 $179,900
2016 $7,758 $330,000 $150,100 $179,900
2015 $7,706 $330,000 $150,100 $179,900
2014 -- $330,000 $150,100 $179,900
Source: Public Records

Agents Affiliated with this Home

  • Richard Abrams

    Seller's Agent in 2014

    Richard Abrams

    Century 21 Abrams & Associates, Inc.

    (609) 731-5638

    356 Total Sales

    Richard Abrams
    Section Image

  • D

    Buyer's Agent in 2014

    Donna Warters

    Weichert Corporate

    (732) 672-5628

    64 Total Sales

    Donna Warters
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002929906

Bright MLS

APN: 08-00386-08-00066-01

New Jersey Somerset County Somerset 08873

28 Gates Rd, Somerset, NJ

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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.