NOT LISTED FOR SALE

Estimated Value: $557,000 - $640,000

4 Beds
2 Baths
-- Sq Ft
0.54 Acres

Last Sold November 15, 2023

Last sale price $510,000

Est. 16% increase in value since last sale

Current estimated payment $4,160/month

7 Days on Market

About This Home

As of November 2023

This home is located at 31 Emerson Rd, Somerset, NJ 08873 since 12 October 2023 and is currently estimated at $594,106. This property was built in 1962. 31 Emerson Rd is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Last Agent to Sell the Property

Mark S. Heflin

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-685-0700 Listed on: 10/12/2023

RE/MAX PREFERRED PROFESSIONALS

Last Buyer's Agent

RINKU SINGH

KP EDGESTONE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,894

Year Built

  • Built in 1962

Lot Details

  • 0.54 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,894

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • County Name: Somerset
  • Street Number Display: 31
  • I D: 5250233
  • Modified: 2024-11-16
  • Number Images: 1
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 116X201 AVG
  • Total Acres: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 9, 2023
Sold by
Maimone Peter J
Bought by
Martin Louise M and Randhawa Chamanchandni
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
RINKU SINGH
KP EDGESTONE REALTY
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Total Days on Market
7
Views
199
Current Estimated Value
$594,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,106
Avg. Annual Appreciation
10.28%
Original Mortgage
$418,200
Outstanding Balance
$412,790
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$181,316
Source: Public Records

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Range of Values:

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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
Martin Louise M $510,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Louise M $418,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $510,000 +2.0% --
10/19/2023 10/19/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $499,900 -- --
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
2024 $9,894 $544,200 $323,500 $220,700
2023 $9,512 $492,600 $271,900 $220,700
2022 $9,122 $447,600 $226,900 $220,700
2021 $7,765 $397,600 $176,900 $220,700
2020 $8,662 $382,600 $161,900 $220,700
2019 $8,577 $372,600 $151,900 $220,700
2018 $8,201 $352,600 $131,900 $220,700
2017 $8,230 $352,600 $131,900 $220,700
2016 $8,290 $352,600 $131,900 $220,700
2015 $7,866 $347,600 $126,900 $220,700
2014 $7,729 $346,600 $125,900 $220,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3869388

Garden State MLS

APN: 08-00389-0000-00009