$1,500,000

453 Franklin Blvd Somerset, NJ 08873

Estimated payment $9,353/month

Total Views 58,226
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 4.2 Acre Lot
  • Wooded Lot
  • 8 Car Detached Garage
  • Property is near public transit
  • Private Yard
  • Air Conditioning

About This Home

Property offers a 2 family home plus a separate ranch home. It had been previously approved for a 28 townhome project each with 2,545 sq. ft. However due to changes in zoning, D&R requirements yield may have changed. Buyer responsible for Engineering and due diligence to determine yield. Existing homes have little value and are rented. Rental income available upon request.2 lots Lot # 9 = 1 acres and Lot # 10 = 4.2 acres Total lot size = 226,512 sq. ft. Utilities are on site. All 3 units have septic and public water, duplex home has gas heat and the ranch home has oil heat. Basement on the ranch home.

Listing Agent

Nicolas DiMeglio

BHHS FOX & ROACH REALTORS Listed on: 01/23/2021

BHHS FOX & ROACH REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,631

Lot Details

  • 4.2 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • Private Yard

Parking

  • 8 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • Utility Room
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Hot Water Heating System
  • Water Heater
  • Septic Tank

Community Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,631

Lot Details

0

Parking

8

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.2
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Water Heater(Electric,Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Gas), Unit 2 Owner Pays(Gas), Unit 3 Owner Pays(Fuel)
  • Has Basement: Full, Utility Room
  • Basement YN: No
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,4 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 3(3 Bedrooms,Kitchen,1 Bath,Living Room)

Exterior Features

  • Lot Features: Near Shopping, Near Train, Sloped, Wooded
  • Exterior Features: Storage Shed, Yard
  • Other Structures: Shed(s)
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 8
  • Garage Spaces: 8
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas, Oil
  • Cooling: See Remarks, Unit 2(A/C Unit)
  • Heating: Forced Air, Hot Water
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 182952
  • Zoning: R7

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 12631
  • Tax Year: 2020

Multi Family

  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,703 $642,300 $467,400 $174,900
2023 $12,111 $624,300 $449,400 $174,900
2022 $12,233 $597,300 $422,400 $174,900
2021 $12,511 $561,300 $386,400 $174,900
2020 $12,631 $552,300 $377,400 $174,900
2019 $12,385 $534,300 $359,400 $174,900
2018 $12,513 $534,300 $359,400 $174,900
2017 $12,667 $538,800 $363,900 $174,900
2016 $12,768 $538,500 $368,400 $170,100
2015 $12,427 $527,700 $357,600 $170,100
2014 $12,264 $528,600 $358,500 $170,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 For Sale $1,500,000 -- --
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $735,000 --
Deed $735,000 Fidelity National Title Insu
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,106 New Conventional
Closed $352,000 New Conventional
Source: Public Records

Source: All Jersey MLS

MLS Number: 2111329

All Jersey MLS

APN: 08-00235-0000-00010