NOT LISTED FOR SALE

38 N Gaston Ave Unit 2 Somerville, NJ 08876

Estimated Value: $527,101

-- Bed
-- Bath
3,000 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 38 N Gaston Ave Unit 2, Somerville, NJ 08876 and is currently estimated at $527,101, approximately $175 per square foot. 38 N Gaston Ave Unit 2 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2025
Sold by
38 Gaston Llc
Bought by
38 North Gaston Llc
Current Estimated Value
$527,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$425,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Estimated Equity
$157,321

Purchase Details

Closed on
Mar 7, 2022
Sold by
Parak Holdings Llc
Bought by
38 Gaston Llc

Purchase Details

Closed on
Apr 8, 2011
Sold by
Denone Ohara Partnership
Bought by
Parak Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
38 North Gaston Llc $525,000 Fidelity National Title
38 Gaston Llc $480,000 Old Republic Title
Parak Holdings Llc $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 38 North Gaston Llc $425,000
Previous Owner Parak Holdings Llc $360,000
Previous Owner Denone Ohara Partnership $381,000
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 $17,591 $445,000 $161,200 $283,800
2023 $17,186 $445,000 $161,200 $283,800
2022 $16,736 $445,000 $161,200 $283,800
2021 $16,630 $445,000 $161,200 $283,800
2020 $16,287 $445,000 $161,200 $283,800
2019 $16,176 $445,000 $161,200 $283,800
2018 $16,002 $445,000 $161,200 $283,800
2017 $15,673 $445,000 $161,200 $283,800
2016 $15,037 $445,000 $161,200 $283,800
2015 $14,836 $445,000 $161,200 $283,800
2014 $14,600 $445,000 $161,200 $283,800
Source: Public Records

Map

New Jersey Somerset County Somerville 08876

38 N Gaston Ave Unit 2, Somerville, NJ

This home is located at 38 N Gaston Ave Unit 2, Somerville, NJ 08876 and is currently estimated at $527,101, approximately $175 per square foot. 38 N Gaston Ave Unit 2 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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