NOT LISTED FOR SALE

28 Home St Somerset, NJ 08873

East Franklin Neighborhood

Estimated Value: $264,000 - $374,000

2 Beds
1 Bath
630 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $350,000 $556 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,131/month

47 Days on Market

Highlights

  • Property is near public transit
  • Enclosed patio or porch
  • Eat-In Kitchen
  • 1 Car Detached Garage
  • Oversized Parking
  • Tandem Parking

About This Home

As of June 2024

This is a "STRICTLY AS IS" sale. The replacement of the furnace in 2021 ensures peace of mind in terms of home comfort and efficiency, which is always reassuring for prospective buyers or investors. While the property may need some updating, its habitable nature makes it a viable option for those looking to settle in or invest in the area. This property presents a fantastic opportunity for those seeking a convenient yet comfortable living arrangement. With its proximity to major medical centers and Rutgers University, it offers a prime location for potential renters, especially parents of Rutgers students looking for housing options. The inclusion of recently replaced windows, an enclosed porch, and a finished basement adds to its appeal, while the off-street parking, oversized detached garage, and fenced yard provide practical amenities.

Last Listed By

Katherine Pease

WEICHERT CO REALTORS Listed on: 04/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 100.00 x 37.00
  • Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Tandem Parking
  • Driveway
  • Open Parking

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Laundry in Basement

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • Gas Water Heater

Community Details

  • Somerset Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100.00 x 37.00
  • Ownership: Fee Simple
  • Subdivision Name: Somerset
  • Architectural Style: Bungalow, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1930
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Master Bedroom Features: 1st Floor
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Full, Finished, Recreation Room, Laundry Facilities
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: 2 Bedrooms, Kitchen, Bath Full, None
  • Living Area: 630
  • Stories: 1

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Level, Near Public Transit
  • Exterior Features: Enclosed Porch(es), Fencing/Wall
  • Patio And Porch Features: Enclosed
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, 2 Cars Deep, Asphalt, Garage, Oversized, Detached, Driveway, On Site, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s), None
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 3500
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 11, 2024
Sold by
Perrino Margaret C
Bought by
Owusu Belinda and Owusu Joseph
Seller's Agent
Katherine Pease
WEICHERT CO REALTORS
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Total Days on Market
47
Views
324
Current Estimated Value
$309,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,761
Avg. Annual Appreciation
-19.61%

Range of Values:

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Average Value
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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
Owusu Belinda $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owusu Joseph $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $350,000 +17.1% $556 / Sq Ft
04/24/2024 04/24/24 Price Changed $299,000 -13.3% $475 / Sq Ft
04/05/2024 04/05/24 For Sale $345,000 -- $548 / Sq Ft
Source: All Jersey 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
2024 $5,009 $274,900 $207,000 $67,900
2023 $4,877 $251,400 $183,500 $67,900
2022 $4,739 $231,400 $163,500 $67,900
2021 $3,585 $191,400 $123,500 $67,900
2020 $4,199 $183,600 $118,500 $65,100
2019 $4,057 $175,000 $113,500 $61,500
2018 $3,513 $150,000 $88,500 $61,500
2017 $3,291 $140,000 $78,500 $61,500
2016 $3,367 $142,000 $80,500 $61,500
2015 $3,118 $143,000 $81,500 $61,500
2014 $3,091 $144,000 $82,500 $61,500
Source: Public Records

Agents Affiliated with this Home

  • Katherine Pease

    Seller's Agent in 2024

    Katherine Pease

    WEICHERT CO REALTORS

    1 in this area

    38 Total Sales

    Katherine Pease
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Source: All Jersey MLS

MLS Number: 2409835R

All Jersey MLS

APN: 08-00181-0000-00019

New Jersey Somerset County Somerset 08873 East Franklin

28 Home St, Somerset, NJ

Homes for Sale in Somerset, NJ

This home is located at 28 Home St, Somerset, NJ 08873 since 05 April 2024 and is currently estimated at $309,239, approximately $490 per square foot. This property was built in 1930. 28 Home St is a home located in Somerset County with nearby schools including Franklin High School and Central Jersey College Prep Charter School.

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