Seller's Agent in 2022
Brenda Garcia
RE/MAX
(908) 672-2447
2 in this area
91 Total Sales
331 E Main St Somerville, NJ 08876
Estimated Value: $470,229 - $488,000
4
Beds
3
Baths
2,468
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Wood Flooring
- Eat-In Kitchen
- Somerville High School Rated A-
- 1 Car Attached Garage
- Central Air
About This Home
As of July 2022Larger than it appears, this ranch style home is conveniently located on a level lot within close proximity to downtown Somerville restaurants & shops. The spacious interior allows for an open floor plan. The finished basement can be accessed from within or from a separate entrance. Convenient to Somerset Medical RWJ. Located in Professional Office-Residential district, which allows for business or residential use. Currently no kitchen in place. There are 3 half baths. *2022 taxes to be reduced to apprx. $11,000.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,295
Year Built
- Built in 1960
Lot Details
- 0.3 Acre Lot
- Level Lot
- Property is zoned POR
Parking
- 1 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
- Tile
Interior Spaces
- 2,468 Sq Ft Home
- Living Room with Fireplace
- Finished Basement
- Walk-Out Basement
- Carbon Monoxide Detectors
- Eat-In Kitchen
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Van Deveer Elementary And Middle School
- Somerville High School
Utilities
- Central Air
- Two Cooling Systems Mounted To A Wall/Window
- Multiple Heating Units
- Baseboard Heating
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 2718-00039-0000-00009-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2021
Closed on
Jul 11, 2022
Sold by
Sv Management Group Llc
Bought by
Somerville 50 Division Street Llc
Seller's Agent
Brenda Garcia
RE/MAX PREMIER
Buyer's Agent
Nicholas Novello
RE/MAX FIRST REALTY
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,115
Avg. Annual Appreciation
7.10%
Purchase Details
Closed on
Jan 31, 2006
Sold by
Three Three One East Main St A
Bought by
Sv Mgmt Group Llc
Purchase Details
Closed on
Dec 10, 1992
Sold by
Troum Lawrence and Troum Selma
Bought by
331 E Main St Assoc
Purchase Details
Closed on
Dec 31, 1989
Sold by
Troum Lawrence and Troum Selma
Bought by
Troum Lawrence
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Somerville 50 Division Street Llc | $385,000 | Westcor Land Title | |
| Somerville 50 Division Street Llc | $385,000 | Westcor Land Title | |
| Sv Mgmt Group Llc | $360,000 | -- | |
| 331 E Main St Assoc | $340,000 | -- | |
| Troum Lawrence | $100 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $385,000 | -3.7% | $156 / Sq Ft |
| 05/23/2022 05/23/22 | Pending | -- | -- | -- |
| 03/27/2022 03/27/22 | For Sale | $399,900 | 0.0% | $162 / Sq Ft |
| 02/26/2022 02/26/22 | Pending | -- | -- | -- |
| 11/27/2021 11/27/21 | Price Changed | $399,900 | -5.9% | $162 / Sq Ft |
| 07/24/2021 07/24/21 | For Sale | $425,000 | -- | $172 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
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 | $11,630 | $296,100 | $110,800 | $185,300 |
| 2024 | $11,630 | $294,200 | $189,000 | $105,200 |
| 2023 | $11,362 | $294,200 | $189,000 | $105,200 |
| 2022 | $11,065 | $294,200 | $189,000 | $105,200 |
| 2021 | $15,617 | $417,900 | $252,000 | $165,900 |
| 2020 | $15,295 | $417,900 | $252,000 | $165,900 |
| 2019 | $15,191 | $417,900 | $252,000 | $165,900 |
| 2018 | $15,028 | $417,900 | $252,000 | $165,900 |
| 2017 | $14,718 | $417,900 | $252,000 | $165,900 |
| 2016 | $14,121 | $417,900 | $252,000 | $165,900 |
| 2015 | $13,933 | $417,900 | $252,000 | $165,900 |
| 2014 | $13,711 | $417,900 | $252,000 | $165,900 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Garcia
-
Nicholas Novello
N
Buyer's Agent in 2022
Nicholas Novello
RE/MAX
(732) 547-4480
2 in this area
75 Total Sales
Map
Source: Garden State MLS
MLS Number: 3729824
APN: 18-00039-0000-00009
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