NOT LISTED FOR SALE

37 Somerset Rd Tenafly, NJ 07670

Estimated Value: $1,142,929 - $1,366,000

4 Beds
2 Baths
2,364 Sq Ft
$528/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $795,000 $336 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,560/month

17 Days on Market

Highlights

  • Views to the South
  • Colonial Architecture
  • Property is near a park
  • Tenafly Middle School Rated A+
  • Deck
  • 3-minute walk to Froggy Park

About This Home

As of May 2020

Welcome Home to sunny & bright, spacious and well maintained colonial home in an incredible Cul-de-sac location in Tenafly! Large Entry foyer opens up to a formal Living room with Fireplace, Dining Room, Kitchen with granite counter-tops & stainless appliances, Large family room with high ceiling that leads to a large deck. It also features a spacious Bedroom and a Full bath on 1st Floor. The second floor features a master bedroom with walk-in closet and two additional bedrooms and a full bath. The full open basement is finished for family entertainments and more. Hardwood floors throughout along with private back yard. Close to NYC, transportation, schools, parks, shopping and house of worship. Wonderful opportunity to own a turn key home in a highly desired neighborhood.

Last Agent to Sell the Property

MyungSuk Park

RE/MAX SELECT - Fort Lee Listed on: 03/09/2020

RE/MAX SELECT - Fort Lee

Last Buyer's Agent

Nini Wong

Coldwell Banker, Alpine/Closter

Coldwell Banker, Alpine/Closter

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,595

Year Built

  • 1943

Lot Details

  • 6,499 Sq Ft Lot
  • Cul-De-Sac
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 1940s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Views to the South
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 026100901 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,595

Year Built

1943

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Expanded
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In, Sprinklers, Deck / Patio
  • Views/Exposure: South
  • Year Built: 1940's, Renovated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 10
  • Fireplace: 1 Fireplace
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Primary Bathroom: N
  • Full Bathrooms: 2
  • Basement: Finished, Full
  • Basement: Full, Finished, Laundry / Utility RM

Exterior Features

  • Exterior: Aluminum, Brick Faced
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00022
  • Lot Description: Cul-de-sac, Regular
  • Lot Dimensions: 65x100
  • Estimated Lot Frontage: 65
  • Estimated Lot Sq Ft: 6499

Tax Info

  • Tax: 17595
  • Assessor Parcel Number: 026100901 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 28, 2020
Sold by
Sunwoo Young and Sunwoo Yang Sook
Bought by
Scherman Jason and Scherman Susan Kerge
Seller's Agent
MyungSuk Park
RE/MAX SELECT - Fort Lee
Buyer's Agent
Nini Wong
Coldwell Banker, Alpine/Closter
List Price
$799,000
Sold Price
$795,000
Premium/Discount to List
-$4,000
-0.5%
Total Days on Market
17
Current Estimated Value
$1,248,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,232
Avg. Annual Appreciation
9.36%
Original Mortgage
$516,750
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Sold by
Levy Benjamin and Levy Shelly
Bought by
Sunwoo Young and Sunwoo Yang Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.5%
Source: Public Records

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Range of Values:

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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
Scherman Jason $795,000 Fortress Title Agency Inc
Sunwoo Young $307,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherman Jason $512,000
Previous Owner Scherman Jason $516,750
Previous Owner Sunwoo Young $200,000
Previous Owner Sunwoo Young $186,000
Previous Owner Sunwoo Young $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $795,000 -0.5% $336 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $799,000 -- $338 / Sq Ft
Source: New 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
2024 $18,963 $684,100 $339,400 $344,700
2023 $18,505 $684,100 $339,400 $344,700
2022 $18,505 $684,100 $339,400 $344,700
2021 $18,177 $684,100 $339,400 $344,700
2020 $17,910 $684,100 $339,400 $344,700
2019 $17,595 $684,100 $339,400 $344,700
2018 $17,321 $684,100 $339,400 $344,700
2017 $17,260 $684,100 $339,400 $344,700
2016 $16,918 $684,100 $339,400 $344,700
2015 $16,542 $684,100 $339,400 $344,700
2014 $16,234 $684,100 $339,400 $344,700
Source: Public Records

Agents Affiliated with this Home

  • MyungSuk Park

    Seller's Agent in 2020

    MyungSuk Park

    RE/MAX

    (201) 906-3133

    1 in this area

    42 Total Sales

    MyungSuk Park
    Section Image
  • Nini Wong

    Buyer's Agent in 2020

    Nini Wong

    Coldwell Banker, Alpine/Closter

    (408) 307-9664

    37 in this area

    75 Total Sales

    Nini Wong
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 20010390

New Jersey MLS

APN: 61-00901-0000-00022

New Jersey Bergen County Tenafly 07670

37 Somerset Rd, Tenafly, NJ

This home is located at 37 Somerset Rd, Tenafly, NJ 07670 since 09 March 2020 and is currently estimated at $1,248,232, approximately $528 per square foot. This property was built in 1943. 37 Somerset Rd is a home located in Bergen County with nearby schools including Tenafly Middle School, Tenafly High School, and Academy of Our Lady of Mount Carmel.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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