42 Cornelius Way Somerset, NJ 08873
Estimated Value: $922,000 - $1,056,000
4
Beds
3
Baths
3,759
Sq Ft
$269/Sq Ft
Est. Value
About This Home
This home is located at 42 Cornelius Way, Somerset, NJ 08873 and is currently estimated at $1,012,219, approximately $269 per square foot. 42 Cornelius Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2011
Sold by
Lynch Jervis P and Lynch Joanna B
Bought by
Goveia Frank and Goveia Joanne
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
$409,600
Outstanding Balance
$264,484
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$747,735
Purchase Details
Closed on
Mar 12, 1999
Sold by
Sunrise Comm
Bought by
Lynch Jervis and Lynch Joanna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.92%
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 |
|---|---|---|---|
| Goveia Frank | $512,000 | None Available | |
| Lynch Jervis | $271,070 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goveia Frank | $409,600 | |
| Previous Owner | Lynch Jervis | $210,000 |
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 | $14,488 | $914,900 | $448,300 | $466,600 |
| 2024 | $14,488 | $796,900 | $448,300 | $348,600 |
| 2023 | $14,125 | $731,500 | $382,300 | $349,200 |
| 2022 | $13,339 | $654,500 | $305,300 | $349,200 |
| 2021 | $12,792 | $577,500 | $228,300 | $349,200 |
| 2020 | $12,577 | $555,500 | $206,300 | $349,200 |
| 2019 | $12,788 | $555,500 | $206,300 | $349,200 |
| 2018 | $12,665 | $544,500 | $195,300 | $349,200 |
| 2017 | $12,195 | $522,500 | $173,300 | $349,200 |
| 2016 | $12,284 | $522,500 | $173,300 | $349,200 |
| 2015 | $12,457 | $533,500 | $184,300 | $349,200 |
| 2014 | $11,876 | $515,900 | $166,700 | $349,200 |
Source: Public Records
Map
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