NOT LISTED FOR SALE

Estimated Value: $819,000 - $958,000

-- Bed
-- Bath
2,466 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 32 Bering Way, Somerset, NJ 08873 and is currently estimated at $903,590, approximately $366 per square foot. 32 Bering Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Maddalon Thomas B
Bought by
Maddalon Lisa M
Current Estimated Value
$903,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$294,847
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$589,133

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bell Donta D
Bought by
Maddalon Thomas B and Maddalon Lisa M

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
Interest Rate
5.52%

Purchase Details

Closed on
Apr 8, 1998
Sold by
Sunrise Communities Ii Inc
Bought by
Bell Dante D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Vancleef John
Bought by
Sunrise Communties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
7.68%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Maddalon Lisa M $256,708 None Listed On Document
Maddalon Thomas B $470,000 --
Bell Dante D $280,899 --
Sunrise Communties $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddalon Lisa M $100,000
Open Maddalon Lisa M $315,000
Previous Owner Maddalon Thomas B $75,000
Previous Owner Maddalon Lisa M $240,000
Previous Owner Maddalon Thomas B $275,000
Previous Owner Maddalon Thomas B $300,000
Previous Owner Bell Dante D $251,000
Previous Owner Sunrise Communties $936,000
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 $14,000 $770,100 $459,600 $310,500
2023 $13,596 $704,100 $393,600 $310,500
2022 $12,756 $625,900 $316,600 $309,300
2021 $12,158 $548,900 $239,600 $309,300
2020 $11,929 $526,900 $217,600 $309,300
2019 $12,129 $526,900 $217,600 $309,300
2018 $12,000 $515,900 $206,600 $309,300
2017 $11,528 $493,900 $184,600 $309,300
2016 $11,612 $493,900 $184,600 $309,300
2015 $11,789 $504,900 $195,600 $309,300
2014 $11,218 $487,300 $178,000 $309,300
Source: Public Records

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