NOT LISTED FOR SALE

47 Gallop Ln Somerset, NJ 08873

Estimated Value: $564,000 - $603,000

3 Beds
2.5 Baths
2,319 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $430,000 $185 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,999/month

5 Days on Market

Highlights

  • Home Theater
  • Clubhouse
  • Wood Flooring
  • Private Pool
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of May 2021

Sunny townhouse offers privacy, backyard space, farmhouse views & lots of natural light. This desirable home offers a great mix of living space & convenience, incl. fully finished BSMT, att. garage & appealing master suite. Main level includes family room w/fireplace, formal living & dining rooms, EIK. 2nd floor has 3 nicely sized bedrooms, laundry, full bathroom. Spacious master bedroom with cathedral ceilings, large en-suite bathroom, 2 closets, incl large walk-in. BSMT is fully outfitted for home theater. Great space for gym, office area, playroom. Has 2 closets, add'l storage space. Access to swimming pool, tennis & basketball courts, playground. 3 min to NYC commuter bus stop, 7 min drive to NYC Express train (w/parking). Near many beautiful hiking trails. School is desirable new Claremont Elementary

Last Agent to Sell the Property

GREGORY BALDERACCHI

CARLYLE GLOBAL LLC Listed on: 03/11/2021

Last Buyer's Agent

Michele Matulonis

KELLER WILLIAMS ELITE REALTORS

KELLER WILLIAMS ELITE REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,364

Year Built

  • Built in 1997

Lot Details

  • 1,045

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,319 Sq Ft Home
  • Cathedral Ceiling
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Theater

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Private Pool
  • Property fronts a private road

Listing and Financial Details

  • Assessor Parcel Number 2708-00057-0001-00033-0004-C0802

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,364

Year Built

Built in 1997

Lot Details

0

HOA Fees

$273 per month

Parking

1

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1997
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: All personal property
  • Directions: NJ Turnpike to Exit 9, then Rt 1 S to Cozzens Lane, left on Rt 27, Right at Rolling Hill Drive in the Countryside development & right on Gallop Lane
  • I D: 5050757
  • Section Subdiv Development: Countryside
  • First Name: GREGORY
  • First Name3: MICHELE
  • Last Name: BALDERACCHI
  • Last Name3: MATULONIS
  • Office Phone: 855-400-8566
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Laminate, Tile, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Dryer, Freezer-Freestanding, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector, StallShw, StallTub, TubShowr, Walk-In Closet, Window Treatments
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Media Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen, Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Media Room
  • Other Room1 Level: Basement
  • Level 1 Rooms: Dining Room, Family Room, GarEnter, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 2319
  • Phone: 855-400-8566

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: Assigned, Blacktop, Hard Surface

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, MulSport, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 273
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Easement: Unknown
  • Lot Description: Level Lot, Private Road
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: CR

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7364
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00057-0001-00033-0004-C0802
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.259
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 30, 2021
Sold by
Ali Saadat and Ali Rashda
Bought by
Shah Khantilkumar P and Shah Jolly
Seller's Agent
GREGORY BALDERACCHI
CARLYLE GLOBAL LLC
Buyer's Agent
Michele Matulonis
KELLER WILLIAMS ELITE REALTORS
List Price
$385,000
Sold Price
$430,000
Premium/Discount to List
$45,000
11.69%
Current Estimated Value
$583,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,873
Avg. Annual Appreciation
7.07%
Original Mortgage
$257,578
Outstanding Balance
$233,430
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$350,443

Purchase Details

Closed on
Jul 18, 2012
Sold by
Elsayed Suha
Bought by
Ali Saadat and Ali Salman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,400
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2005
Sold by
Johnson Oliver
Bought by
Saadat Ali and Ali Salman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,350
Interest Rate
5.81%

Purchase Details

Closed on
Sep 30, 1997
Sold by
Parkside Realty
Bought by
Johnson Vera and Warren Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Shah Khantilkumar P $430,000 Golden Title Agency
Ali Saadat -- Westcor Land Title Insurnace
Saadat Ali $354,000 --
Johnson Vera $157,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Khantilkumar P $257,578
Previous Owner Ali Saadat $264,400
Previous Owner Saadat Ali $286,350
Previous Owner Johnson Vera $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $430,000 +11.7% $185 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $385,000 -- $166 / 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
2025 $7,861 $518,900 $190,000 $328,900
2024 $7,861 $436,000 $190,000 $246,000
2023 $7,803 $406,000 $160,000 $246,000
2022 $7,321 $361,000 $115,000 $246,000
2021 $7,416 $336,000 $90,000 $246,000
2020 $7,364 $326,000 $80,000 $246,000
2019 $7,348 $321,300 $70,000 $251,300
2018 $7,422 $321,300 $70,000 $251,300
2017 $6,871 $296,300 $45,000 $251,300
2016 $6,930 $296,300 $45,000 $251,300
2015 $6,883 $296,300 $45,000 $251,300
2014 $6,779 $296,300 $45,000 $251,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3697000

Garden State MLS

APN: 08-00057-01-00033-04-C0802