NOT LISTED FOR SALE

42 Mcelroy Ln Belle Mead, NJ 08502

Estimated Value: $936,566 - $1,042,000

4 Beds
3 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold December 15, 2015

Last sale price $610,000

Est. 65% increase in value since last sale

Current estimated payment $6,551/month

About This Home

As of December 2015

This home is located at 42 Mcelroy Ln, Belle Mead, NJ 08502 since 15 December 2015 and is currently estimated at $1,003,892. This property was built in 1998. 42 Mcelroy Ln is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,742

Year Built

  • Built in 1998

Lot Details

  • 8,712 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,742

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Somerset
  • Street Number Display: 42
  • I D: 4551799
  • Modified: 2016-12-16
  • Number Images: 0
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .203 AC
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2015
Closed on
Dec 4, 2015
Sold by
Khatri Chetan and Khatri Swati
Bought by
Adar Tengo and Adar Tatiana
Sold Price
$610,000
Current Estimated Value
$1,003,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,892
Avg. Annual Appreciation
5.22%
Original Mortgage
$400,000
Outstanding Balance
$316,542
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$687,350

Purchase Details

Closed on
Dec 23, 2004
Sold by
Schielein Christopher M
Bought by
Khatri Chetan and Khatri Swati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.74%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Pike Run Llc
Bought by
Schielein Chris and Schielein Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
6.8%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adar Tengo $607,500 Attorney
Khatri Chetan $625,000 --
Schielein Chris $269,535 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adar Tengo $400,000
Previous Owner Khatri Chetan $333,700
Previous Owner Schielein Chris $215,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $610,000 -- --
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
2025 $14,742 $430,300 $161,600 $268,700
2024 $14,742 $430,300 $161,600 $268,700
2023 $14,729 $430,300 $161,600 $268,700
2022 $13,864 $430,300 $161,600 $268,700
2021 $13,748 $430,300 $161,600 $268,700
2020 $13,636 $430,300 $161,600 $268,700
2019 $13,546 $430,300 $161,600 $268,700
2018 $13,232 $430,300 $161,600 $268,700
2017 $13,004 $430,300 $161,600 $268,700
2016 $12,776 $430,300 $161,600 $268,700
2015 $12,483 $430,300 $161,600 $268,700
2014 $12,332 $430,300 $161,600 $268,700
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 3238601

Garden State MLS

APN: 13-05009-0000-00009

New Jersey Somerset County Belle Mead 08502

42 Mcelroy Ln, Belle Mead, NJ

This home is located at 42 Mcelroy Ln, Belle Mead, NJ 08502 since 15 December 2015 and is currently estimated at $1,003,892. This property was built in 1998. 42 Mcelroy Ln is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes