$585,000
SOLD OCT 18, 2023

42 Marcy St Somerset, NJ 08873

4 Beds
2 Baths
-- Sq Ft
0.31 Acres

Recently Sold

11% Above List Price

13 Days on Market

About This Home

As of October 2023

This home is located at 42 Marcy St, Somerset, NJ 08873 and is currently priced at $585,000. This property was built in 1958. 42 Marcy St is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Green Brook Academy.

Last Agent to Sell the Property

Maryanne Sawade

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-874-3308 Listed on: 08/24/2023

RE/MAX PREFERRED PROFESSIONALS

Last Buyer's Agent

MARIA FORERO

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,277

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,277

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • County Name: Somerset
  • Street Number Display: 42
  • I D: 5235729
  • Modified: 2024-10-19
  • Number Images: 1
  • Attribution Contact: 908-874-3308
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 0.31 ACRE
  • Total Acres: 0.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 18, 2023
Sold by
Reid Felix J
Bought by
Orillaza Matthew and Orillaza Marissa
Seller's Agent
Maryanne Sawade
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
MARIA FORERO
KELLER WILLIAMS ELITE REALTORS
List Price
$525,000
Sold Price
$585,000
Premium/Discount to List
$60,000
11.43%
Views
82
Current Estimated Value
$636,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,603
Avg. Annual Appreciation
4.43%
Original Mortgage
$555,750
Outstanding Balance
$547,817
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$83,507
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 $585,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $585,000 +11.4% --
09/06/2023 09/06/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $525,000 -- --
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 $9,277 $510,300 $327,000 $183,300
2023 $9,178 $475,300 $293,500 $181,800
2022 $8,871 $435,300 $253,500 $181,800
2021 $7,270 $370,300 $188,500 $181,800
2020 $8,384 $370,300 $188,500 $181,800
2019 $8,179 $355,300 $173,500 $181,800
2018 $7,915 $340,300 $158,500 $181,800
2017 $7,476 $320,300 $138,500 $181,800
2016 $7,272 $309,300 $127,500 $181,800
2015 $6,743 $299,500 $122,500 $177,000
2014 $6,529 $294,500 $117,500 $177,000
Source: Public Records

Agents Affiliated with this Home

  • Maryanne Sawade

    Seller's Agent in 2023

    Maryanne Sawade

    RE/MAX

    (908) 642-6789

    16 in this area

    47 Total Sales

    Maryanne Sawade
    Section Image

  • M

    Buyer's Agent in 2023

    MARIA FORERO

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3861268

Garden State MLS

APN: 08-00475-0000-00016

New Jersey Somerset County Somerset 08873

42 Marcy St, Somerset, NJ

This home is located at 42 Marcy St, Somerset, NJ 08873 and is currently priced at $585,000. This property was built in 1958. 42 Marcy St is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Green Brook Academy.

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