40 Vail Ln Watchung, NJ 07069
Estimated Value: $1,362,000 - $1,400,000
--
Bed
--
Bath
4,978
Sq Ft
$276/Sq Ft
Est. Value
About This Home
This home is located at 40 Vail Ln, Watchung, NJ 07069 and is currently estimated at $1,376,247, approximately $276 per square foot. 40 Vail Ln is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2003
Sold by
Krauser Rose G Huth
Bought by
Gangavaram Ravindra G and Gubbi Smitha A
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
$475,000
Outstanding Balance
$217,469
Interest Rate
6.05%
Estimated Equity
$1,158,778
Purchase Details
Closed on
Sep 9, 1994
Sold by
Krauser Rose
Bought by
Koneru Baburao and Koneru Umarani
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gangavaram Ravindra G | $725,000 | -- | |
| Koneru Baburao | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gangavaram Ravindra G | $475,000 |
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 | $19,892 | $1,082,000 | $461,100 | $620,900 |
| 2024 | $19,892 | $995,600 | $422,500 | $573,100 |
| 2023 | $19,079 | $934,800 | $391,100 | $543,700 |
| 2022 | $17,451 | $830,600 | $376,000 | $454,600 |
| 2021 | $15,691 | $796,900 | $358,200 | $438,700 |
| 2020 | $16,283 | $765,200 | $354,500 | $410,700 |
| 2019 | $15,691 | $756,200 | $354,500 | $401,700 |
| 2018 | $14,863 | $746,500 | $350,900 | $395,600 |
| 2017 | $14,191 | $717,100 | $328,000 | $389,100 |
| 2016 | $14,472 | $692,100 | $328,000 | $364,100 |
| 2015 | $14,095 | $665,500 | $312,400 | $353,100 |
| 2014 | $13,636 | $651,200 | $309,200 | $342,000 |
Source: Public Records
Map
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