NOT LISTED FOR SALE

40 Belmar St Somerset, NJ 08873

Estimated Value: $697,000 - $750,331

5 Beds
2.5 Baths
2,542 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $575,000 $226 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,665/month

18 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Formal Dining Room
  • Deck
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of December 2021

Plenty of room to live and grow in this newer 5 bedroom 2.5 bath beauty! Offering first level open spaces and great light throughout the LR, DR, EIK and family room with a dedicated laundry room and a second level where all rooms are generous sizes and main bedroom includes 3 closets and ensuite. For the future, the basement has high ceilings and great space to buildout. Home is offered with a buyer 12 month Cinch warranty for peace of mind. This could be your forever space! Schools to be confirmed reported as given by board employee.

Last Agent to Sell the Property

Michele Chiles-Hickman

BH HOMESERVICES FOX & ROACH Listed on: 11/12/2021

BH HOMESERVICES FOX & ROACH

Co-Listed By

Cheryl Curry

BH HOMESERVICES FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,234

Year Built

  • Built in 2000

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 115.00 x 102.00
  • Level Lot
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Tandem Parking
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 2,542 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Franklin Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,234

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2693
  • Lot Size: 115.00 x 102.00
  • Co List Office Mls Id: PRUD01
  • Ownership: Fee Simple
  • Subdivision Name: Franklin
  • Architectural Style: Colonial, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Room Bedroom4 Area: 180
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Bedroom3 Area: 121
  • Room Kitchen Features: Breakfast Bar, Pantry, Eat-in Kitchen, Separate Dining Area
  • Room Bedroom2 Area: 168
  • Room Living Room Area: 234
  • Room Kitchen Area: 247
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 195
  • Room Dining Room Area: 156
  • Room Family Room Area: 231
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, Gas Water Heater
  • Has Basement: Full, Storage Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: High Ceilings, Kitchen, Living Room, Dining Room, Family Room, 5 (+) Bedrooms, Bath Main
  • Living Area: 2542
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Level
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, 2 Cars Deep, Asphalt, Garage, Built-In Garage, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 11731
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 10234
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 5, 2022
Sold by
Parham Ammar Aja D and Estate Of Robert F Parham Jr
Bought by
Campbell Sean and Campbell Brigitte
Seller's Agent
Michele Chiles-Hickman
BH HOMESERVICES FOX & ROACH
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$723,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,083
Avg. Annual Appreciation
6.30%
Original Mortgage
$457,915
Outstanding Balance
$422,081
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$301,002

Purchase Details

Closed on
Jun 26, 2009
Sold by
Filak Joanna and Filak Jaroslaw
Bought by
Parham Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,775
Interest Rate
4.86%
Mortgage Type
VA

Purchase Details

Closed on
Mar 10, 2004
Sold by
Sullivan Margaret M
Bought by
Filak Joanna and Filak Jaroslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.65%

Purchase Details

Closed on
Oct 16, 2000
Sold by
S K N Builders
Bought by
Sullivan Patrick and Sullivan Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

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Average Value
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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
Campbell Sean $575,425 1St Rate Title & Settlement
Parham Robert F $426,500 Chicago Title Insurance Co
Filak Joanna $422,000 --
Sullivan Patrick $278,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Sean $457,915
Previous Owner Parham Robert F $416,775
Previous Owner Filak Joanna $333,700
Previous Owner Sullivan Patrick $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $575,000 0.0% $226 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $575,000 -- $226 / Sq Ft
Source: All 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
2025 $9,975 $650,900 $323,500 $327,400
2024 $9,975 $547,500 $323,500 $224,000
2023 $10,234 $527,500 $303,500 $224,000
2022 $9,984 $487,500 $263,500 $224,000
2021 $10,198 $457,500 $233,500 $224,000
2020 $10,234 $447,500 $223,500 $224,000
2019 $10,373 $447,500 $223,500 $224,000
2018 $10,480 $447,500 $223,500 $224,000
2017 $10,521 $447,500 $223,500 $224,000
2016 $10,610 $447,500 $223,500 $224,000
2015 $10,539 $447,500 $223,500 $224,000
2014 $10,382 $447,500 $223,500 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2206679R

All Jersey MLS

APN: 08-00286-0000-00001-01