37 Somerset Rd Tenafly, NJ 07670
Estimated Value: $1,215,389 - $1,305,000
4
Beds
2
Baths
2,364
Sq Ft
$538/Sq Ft
Est. Value
About This Home
This home is located at 37 Somerset Rd, Tenafly, NJ 07670 and is currently estimated at $1,271,097, approximately $537 per square foot. 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2020
Sold by
Sunwoo Young and Sunwoo Yang Sook
Bought by
Scherman Jason and Scherman Susan Kerge
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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%
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 |
|---|---|---|---|
| Scherman Jason | $795,000 | Fortress Title Agency Inc | |
| Scherman Jason | $795,000 | None Listed On Document | |
| Sunwoo Young | $307,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Scherman Jason | $516,750 | |
| Previous Owner | Sunwoo Young | $207,000 |
Source: Public Records
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 | $19,435 | $684,100 | $339,400 | $344,700 |
| 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
Map
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