344 W Point Ave Somerset, NJ 08873
3
Beds
2
Baths
1,716
Sq Ft
0.55
Acres
Highlights
- 0.55 Acre Lot
- Formal Dining Room
- Eat-In Kitchen
- Wood Flooring
- 2 Car Attached Garage
- Side by Side Parking
About This Home
As of June 2025Highest & Best Due Wednesday, November 27TH at noon. Discover the perfect combination of space, comfort, and convenience in this 3-bedroom, 2-bathroom home offering nearly 2,000 sq. ft. of living space. With an open floor plan and large rooms throughout, this property is designed to accommodate both daily living and entertaining. The spacious family room is ideal for gatherings, while the unfinished basement with high ceilings provides excellent potential for additional living space, storage, or customization. The home also boasts a large attached two-car garage with ample room for additional storage.This property has so much potential and will require some renovations to truly shine. The home features two full baths, including a private en-suite bathroom for the primary bedroom. Tucked away in a quiet neighborhood far from main roads, this property offers tranquility while maintaining convenient access to major routes like Rt 18, Rt 27, and Rt 287. You'll also enjoy the close proximity to grocery stores, shopping centers, and other amenities. Property is NOT in a flood zone, basement just needs to be waterproofed. Seller pays $614.00 for flood insurance. Please note, that the property is being sold as-is, with the seller making no repairs, modifications, or financial credits for any defects or issues identified. Don't miss this opportunity to transform this home and make it your own in a highly desirable location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,764
Year Built
- Built in 1976
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 200.00 x 0.00
- Property is zoned R15
Parking
- 2 Car Attached Garage
- Side by Side Parking
- Open Parking
Home Design
- Asphalt Roof
Interior Spaces
- 1,716 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room
- Formal Dining Room
- Utility Room
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Basement Storage
Utilities
- Forced Air Heating System
- Underground Utilities
- Gas Water Heater
Community Details
- Franklin Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
Jun 11, 2025
Sold by
Victorian Capital Llc
Bought by
Patel Aayush Dineshbhai
Seller's Agent
Nina Bavosa
REAL
Buyer's Agent
SAURABH SHAH
KELLER WILLIAMS METROPOLITAN
List Price
$600,000
Sold Price
$660,000
Premium/Discount to List
$60,000
10%
Views
103
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-84.28%
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$79,815
Purchase Details
Listed on
Nov 21, 2024
Closed on
Feb 20, 2025
Sold by
Hardie Melvin B and Hardie Yvonne L
Bought by
Victorian Capital Llc
Seller's Agent
Salvatore Volo
REAL
List Price
$379,000
Sold Price
$445,000
Premium/Discount to List
$66,000
17.41%
Views
121
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
256.62%
Original Mortgage
$419,600
Interest Rate
7.04%
Mortgage Type
New Conventional
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Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $660,000 | Fidelity National Title | |
| Deed | $660,000 | Fidelity National Title | |
| Deed | $445,000 | First American Title | |
| Deed | $445,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $500,000 | New Conventional | |
| Previous Owner | $419,600 | New Conventional | |
| Previous Owner | $175,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Sold | $660,000 | +10.0% | -- |
| 05/04/2025 05/04/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $600,000 | 0.0% | -- |
| 04/16/2025 04/16/25 | Off Market | $600,000 | -- | -- |
| 02/24/2025 02/24/25 | Sold | $445,000 | +17.4% | $259 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $379,000 | -- | $221 / Sq Ft |
Source: All Jersey 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 |
|---|---|---|---|---|
| 2024 | $7,838 | $430,200 | $263,900 | $166,300 |
| 2023 | $7,764 | $400,200 | $233,900 | $166,300 |
| 2022 | $6,967 | $340,200 | $173,900 | $166,300 |
| 2021 | $6,914 | $310,200 | $143,900 | $166,300 |
| 2020 | $6,751 | $295,200 | $128,900 | $166,300 |
| 2019 | $6,495 | $280,200 | $113,900 | $166,300 |
| 2018 | $6,094 | $260,200 | $93,900 | $166,300 |
| 2017 | $6,000 | $255,200 | $88,900 | $166,300 |
| 2016 | $5,980 | $252,200 | $85,900 | $166,300 |
| 2015 | $5,963 | $253,200 | $86,900 | $166,300 |
| 2014 | $5,897 | $254,200 | $87,900 | $166,300 |
Source: Public Records
Agents Affiliated with this Home
-
Nina Bavosa
N
Seller's Agent in 2025
Nina Bavosa
REAL
(908) 510-9094
2 in this area
10 Total Sales
-
Salvatore Volo
S
Seller's Agent in 2025
Salvatore Volo
REAL
(732) 710-6201
1 in this area
8 Total Sales
-
S
Buyer's Agent in 2025
SAURABH SHAH
KELLER WILLIAMS METROPOLITAN
Map
Source: All Jersey MLS
MLS Number: 2506705R
APN: 08-00349-01-00041
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