NOT LISTED FOR SALE

316 E Main St Somerville, NJ 08876

Estimated Value: $433,000 - $571,000

2 Beds
1 Bath
900 Sq Ft
0.26 Acres

Highlights

  • Wood Flooring
  • Granite Countertops
  • Living Room
  • Somerville High School Rated A-
  • Detached Garage
  • Laundry Room

About This Home

As of August 2024

Discover this meticulously renovated 2 family home, perfectly blending modern updates with timeless charm. The property features an upper unit with 2 spacious bedrooms and 1 pristine bathroom alongside a lower-level unit also boasting 2 comfortable bedrooms and 1 stylish bathroom. Situated in a prime location, this home is just steps awau from Main Street and offers convenient access to the train station, making commuting a breeze. The rear of the property provides ample parking space, ensuring hassle free parking for multiple vehicles. Enjoy outdoor living with a generous backyard, perfect for relaxing, gardening, or entertaining guests. Each unit has its own separate laundry facilities, adding to the convenience and appeal of this home Experience the perfect combination of convenience, comfort and modern living Pets will be considered on a case by case basis. Washer and dryer dedicated for this unit. Great back yard/Central air and heat.

Last Agent to Rent the Property

Alastair Cornell

KELLER WILLIAMS WEST MONMOUTH Listed on: 08/01/2024

KELLER WILLIAMS WEST MONMOUTH

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,894

Year Built

  • Built in 1900

Lot Details

  • 0.26

Parking

  • Detached Garage

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Wood Flooring
  • Partially Finished Basement
  • Laundry in Basement

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, sewer, gas, snow removal, hot water, trash collection, water
  • 12 Month Lease Term

Community Details

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,894

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Cable TV, Electricity, Sewer, Gas, Snow Removal, Hot Water, Trash Collection, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2571
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1900
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 1

Interior Features

  • Room Kitchen Features: Granite/Corian Countertops, Pantry
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer, Gas Water Heater
  • Has Basement: Partially Finished, Laundry Facilities
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Laundry Room, Living Room, Bath Full, None
  • Living Area: 900
  • Stories: 1

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 11199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2024
Sold by
Piedilato Robert
Bought by
Chen Kevin
Current Estimated Value
$516,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$294,748
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$221,688

Purchase Details

Closed on
Sep 3, 1999
Sold by
Beer Karin
Bought by
Piedilato Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,446
Interest Rate
7.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Chen Kevin $400,000 Innovation Title
Chen Kevin $400,000 Innovation Title
Piedilato Robert $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Kevin $300,000
Closed Chen Kevin $300,000
Previous Owner Piedilato Robert $138,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Rented $2,500 0.0% --
08/27/2024 08/27/24 Rented $2,500 0.0% --
08/08/2024 08/08/24 Price Changed $2,500 0.0% $3 / Sq Ft
08/08/2024 08/08/24 Price Changed $2,500 -9.1% $3 / Sq Ft
08/01/2024 08/01/24 For Rent $2,750 0.0% --
08/01/2024 08/01/24 For Rent $2,750 -- --
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
2025 $9,894 $250,300 $120,800 $129,500
2024 $9,894 $250,300 $120,800 $129,500
2023 $9,667 $250,300 $120,800 $129,500
2022 $9,414 $250,300 $120,800 $129,500
2021 $9,098 $250,300 $120,800 $129,500
2020 $9,161 $250,300 $120,800 $129,500
2019 $9,098 $250,300 $120,800 $129,500
2018 $9,001 $250,300 $120,800 $129,500
2017 $8,816 $250,300 $120,800 $129,500
2016 $8,458 $250,300 $120,800 $129,500
2015 $8,345 $250,300 $120,800 $129,500
2014 $8,212 $250,300 $120,800 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2501539R

All Jersey MLS

APN: 18-00049-0000-00031