NOT LISTED FOR SALE

285 W Summit St Somerville, NJ 08876

Estimated Value: $580,000 - $773,000

-- Bed
-- Bath
2,596 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 285 W Summit St, Somerville, NJ 08876 and is currently estimated at $688,264, approximately $265 per square foot. 285 W Summit St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 1998
Sold by
Melaragno Jeffrey
Bought by
Cullen Timothy and Cullen Cecilia
Current Estimated Value
$681,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.74%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Genova Frances
Bought by
Melaragno Michele and Melaragno Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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
Cullen Timothy $270,000 --
Melaragno Michele $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Timothy P $150,000
Closed Cullen Timothy P $85,000
Previous Owner Cullen Timothy $180,000
Previous Owner Melaragno Michele $232,000
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
2024 $16,164 $408,900 $150,600 $258,300
2023 $15,792 $408,900 $150,600 $258,300
2022 $15,379 $408,900 $150,600 $258,300
2021 $14,864 $408,900 $150,600 $258,300
2020 $14,966 $408,900 $150,600 $258,300
2019 $14,864 $408,900 $150,600 $258,300
2018 $14,704 $408,900 $150,600 $258,300
2017 $14,401 $408,900 $150,600 $258,300
2016 $13,817 $408,900 $150,600 $258,300
2015 $13,633 $408,900 $150,600 $258,300
2014 $13,416 $408,900 $150,600 $258,300
Source: Public Records

Map

New Jersey Somerset County Somerville 08876

285 W Summit St, Somerville, NJ

This home is located at 285 W Summit St, Somerville, NJ 08876 and is currently estimated at $688,264, approximately $265 per square foot. 285 W Summit St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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