NOT LISTED FOR SALE

318 Hillcrest Ave Somerset, NJ 08873

Estimated Value: $561,000 - $652,000

4 Beds
3 Baths
-- Sq Ft
0.37 Acres

Last Sold July 22, 2022

Last sale price $450,000

Est. 33% increase in value since last sale

Current estimated payment $3,816/month

85 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen
  • Main Floor Bedroom
  • 1 Car Direct Access Garage
  • Patio

About This Home

As of July 2022

This home is located at 318 Hillcrest Ave, Somerset, NJ 08873 since 18 March 2022 and is currently estimated at $598,659. This property was built in 1975. 318 Hillcrest Ave is a home located in Somerset County with nearby schools including Franklin High School and Cedar Hill Preparatory School.

Last Agent to Sell the Property

CHRISCELMA OSBORNE-VARGAS

BHHS FOX & ROACH Listed on: 03/18/2022

BHHS FOX & ROACH

Last Buyer's Agent

Luz Mary Molina

RE/MAX FIRST REALTY

RE/MAX FIRST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 1975

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Parking

  • 1 Car Direct Access Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00298-0000-00018-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,331

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • Year Built: 1975
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 318
  • Directions: Easton Ave to Franklin Blvd to Holly Street to Hillcrest Ave
  • I D: 5136928
  • Modified: 2023-07-23
  • Number Images: 2
  • First Name: CHRISCELMA E.
  • First Name3: LUZ MARY
  • Last Name: OSBORNE-VARGAS
  • Last Name3: MOLINA
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Half Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Ground
  • Bathrooms: 1.20
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Dining Room, Living Room, Powder Room
  • Ground Level Rooms: 1 Bedroom, Family Room, GarEnter, Laundry Room, Powder Room, Utility Room, Walkout

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Storage Shed, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 80X200
  • Assessed Improvement Value: 166700
  • Assessed Land Value: 136100
  • Assessment: 302800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6331
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00298-0000-00018-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.229
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jul 13, 2022
Sold by
Cheryl Dowdell
Bought by
Pasato Marcos
Seller's Agent
CHRISCELMA OSBORNE-VARGAS
BHHS FOX & ROACH
Buyer's Agent
Luz Mary Molina
RE/MAX FIRST REALTY
List Price
$399,000
Sold Price
$450,000
Premium/Discount to List
$51,000
12.78%
Current Estimated Value
$598,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,659
Avg. Annual Appreciation
9.36%
Original Mortgage
$382,500
Outstanding Balance
$366,459
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$232,200
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
Pasato Marcos $450,000 Old Republic Title
Pasato Marcos $450,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pasato Marcos $382,500
Closed Pasato Marcos $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $450,000 +12.8% --
06/22/2022 06/22/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $399,000 0.0% --
04/22/2022 04/22/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $399,000 -- --
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
2025 $7,703 $499,800 $256,100 $243,700
2024 $7,703 $422,800 $256,100 $166,700
2023 $7,620 $392,800 $226,100 $166,700
2022 $6,816 $332,800 $166,100 $166,700
2021 $6,157 $302,800 $136,100 $166,700
2020 $6,582 $287,800 $121,100 $166,700
2019 $6,324 $272,800 $106,100 $166,700
2018 $5,921 $252,800 $86,100 $166,700
2017 $5,826 $247,800 $81,100 $166,700
2016 $5,804 $244,800 $78,100 $166,700
2015 $5,539 $245,800 $79,100 $166,700
2014 $5,476 $246,800 $80,100 $166,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3770096

Garden State MLS

APN: 08-00298-0000-00018