NOT LISTED FOR SALE

40 Gallop Ln Somerset, NJ 08873

Estimated Value: $544,000 - $608,000

-- Bed
-- Bath
2,399 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 40 Gallop Ln, Somerset, NJ 08873 and is currently estimated at $577,885, approximately $240 per square foot. 40 Gallop Ln is a home located in Somerset County with nearby schools including Franklin High School, Cheder Menachem, and St. Augustine of Canterbury School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2004
Sold by
Desai Nihar B
Bought by
Naazish Shaikh and Farooqui Fatima
Current Estimated Value
$577,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$136,414
Interest Rate
5.74%
Estimated Equity
$441,471

Purchase Details

Closed on
Aug 31, 2001
Sold by
Warfield Chester
Bought by
Desai Nihar and Tenna Desai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.99%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Parkside Realty Asso
Bought by
Warfield Chester and Warfield Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Naazish Shaikh $345,000 --
Desai Nihar $212,000 --
Warfield Chester $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naazish Shaikh $276,000
Previous Owner Desai Nihar $169,600
Previous Owner Warfield Chester $139,000
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
2025 $7,922 $523,500 $190,000 $333,500
2024 $7,922 $439,400 $190,000 $249,400
2023 $7,869 $409,400 $160,000 $249,400
2022 $7,390 $364,400 $115,000 $249,400
2021 $7,491 $339,400 $90,000 $249,400
2020 $7,441 $329,400 $80,000 $249,400
2019 $7,426 $324,700 $70,000 $254,700
2018 $7,501 $324,700 $70,000 $254,700
2017 $6,950 $299,700 $45,000 $254,700
2016 $7,010 $299,700 $45,000 $254,700
2015 $6,962 $299,700 $45,000 $254,700
2014 $6,857 $299,700 $45,000 $254,700
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

40 Gallop Ln, Somerset, NJ

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