$1,180,000
SOLD JAN 13, 2022

42 Galway Rd Montgomery, NJ 08558

6 Beds
6 Baths
3,291 Sq Ft
0.5 Acres

Recently Sold

$359 Per Sq Ft

5% Above List Price

7 Days on Market

About This Home

As of January 2022

This home is located at 42 Galway Rd, Montgomery, NJ 08558 and is currently priced at $1,180,000, approximately $358 per square foot. 42 Galway Rd is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.

Last Buyer's Agent

Alana Lutkowski

CALLAWAY HENDERSON SOTHEBY'S IR

CALLAWAY HENDERSON SOTHEBY'S IR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,206

Lot Details

  • 0.5 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,206

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 42
  • I D: 5115148
  • Modified: 2023-01-14
  • Number Images: 1
  • Attribution Contact: 609-921-1411
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: .502 AC
  • Total Acres: 0.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 4, 2021
Sold by
Espejo Andrew S and Espejo Maria L
Bought by
Ramachandran Jagannathan and Jagannathan Aarthi Reddy
Buyer's Agent
Alana Lutkowski
CALLAWAY HENDERSON SOTHEBY'S IR
List Price
$1,125,000
Sold Price
$1,180,000
Premium/Discount to List
$55,000
4.89%
Current Estimated Value
$1,589,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,792
Avg. Annual Appreciation
7.52%
Original Mortgage
$885,000
Outstanding Balance
$821,687
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$704,890

Purchase Details

Listed on
Nov 4, 2014
Closed on
Oct 29, 2014
Sold by
East County Development Associates Llc
Bought by
Espejo Andrew S and Espejo Maria L
Seller's Agent
MAEIRA WERTHENSCHLAG
WCD REALTY
Buyer's Agent
JANET WEBER
COLDWELL BANKER REALTY
Sold Price
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$724,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,180,000 Old Republic Title
Deed $905,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $885,000 New Conventional
Previous Owner $724,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $1,180,000 +4.9% $359 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,125,000 +30.8% $342 / Sq Ft
11/04/2014 11/04/14 Sold $860,000 -- $261 / Sq Ft
Source: Garden State 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
2024 $25,206 $735,300 $250,000 $485,300
2023 $25,169 $735,300 $250,000 $485,300
2022 $23,699 $735,300 $250,000 $485,300
2021 $23,493 $735,300 $250,000 $485,300
2020 $23,294 $735,300 $250,000 $485,300
2019 $23,133 $735,300 $250,000 $485,300
2018 $22,588 $735,300 $250,000 $485,300
2017 $22,243 $735,300 $250,000 $485,300
2016 $21,853 $735,300 $250,000 $485,300
2015 $21,368 $200,000 $200,000 $0
2014 $5,742 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3752022

Garden State MLS

APN: 13-16002-0000-00009-12