NOT LISTED FOR SALE

428 Somerset St Gloucester City, NJ 08030

Estimated Value: $143,000 - $165,000

2 Beds
1 Bath
816 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $105,000 $129 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,077/month

20 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Investor alert! This 2 bedroom home featuring a bonus room, is in a great location and ready for your personal touch!

Last Agent to Sell the Property

Mary Murphy

EXP Realty, LLC License #1536255 Listed on: 06/09/2022

EXP Realty, LLC

Last Buyer's Agent

Laurence Peterson

OMNI Real Estate Professionals License #8835661

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1890

Lot Details

  • 1,080 Sq Ft Lot
  • Lot Dimensions are 12.00 x 90.00

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 816 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005 03
  • Assessor Parcel Number 14-00057-00005 03

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,032

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-06-09
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Investor alert! This 2 bedroom home featuring a bonus room, is in a great location and ready for your personal touch!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 816
  • Living Area Sq Ft: 816
  • Price Per Sq Ft: 128.68
  • Above Grade Finished Sq Ft: 816
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 428

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55500.00
  • Land Assessed Value: 9600.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 12.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1080.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1851777
  • Tax Annual Amount: 3032.00
  • Assessor Parcel Number: 14-00057-00005 03
  • Tax Lot: 00005 03
  • Tax Total Finished Sq Ft: 816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/25/2022

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 22, 2022
Sold by
Murphy Brian T
Bought by
Costa Steven
Seller's Agent
Mary Murphy
EXP Realty, LLC
Buyer's Agent
Laurence Peterson
OMNI Real Estate Professionals
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$147,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,099
Avg. Annual Appreciation
12.53%
Original Mortgage
$84,000
Outstanding Balance
$80,727
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$69,610

Purchase Details

Closed on
Oct 31, 2006
Sold by
Carlino Joseph
Bought by
Marcozzi Aldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,600
Interest Rate
6.31%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Reggente Giacomo R
Bought by
Carlino Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.28%

Purchase Details

Closed on
Aug 5, 2004
Sold by
Adair Patricia M
Bought by
Reggente Giacomo R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Costa Steven $105,000 New Title Company Name
Marcozzi Aldo $67,000 --
Carlino Joseph $55,000 --
Reggente Giacomo R $333,832 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Steven $84,000
Previous Owner Murphy Brian T $101,900
Previous Owner Marcozzi Aldo $43,600
Previous Owner Carlino Joseph $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $105,000 0.0% $129 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $105,000 -4.5% $129 / Sq Ft
06/09/2022 06/09/22 For Sale $110,000 -- $135 / Sq Ft
Source: Bright 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 $3,263 $65,100 $9,600 $55,500
2024 $3,258 $65,100 $9,600 $55,500
2023 $3,258 $65,100 $9,600 $55,500
2022 $3,063 $65,100 $9,600 $55,500
2021 $3,032 $65,100 $9,600 $55,500
2020 $2,928 $65,100 $9,600 $55,500
2019 $2,868 $65,100 $9,600 $55,500
2018 $2,812 $65,100 $9,600 $55,500
2017 $2,754 $65,100 $9,600 $55,500
2016 $2,650 $65,100 $9,600 $55,500
2015 $2,387 $65,100 $9,600 $55,500
2014 $2,466 $47,000 $6,900 $40,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2027728

Bright MLS

APN: 14-00057-0000-00005-03