NOT LISTED FOR SALE

474 E Main St Somerville, NJ 08876

Estimated Value: $548,861 - $611,000

5 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold August 16, 2023

Last sale price $501,000

Est. 15% increase in value since last sale

Current estimated payment $3,944/month

52 Days on Market

About This Home

As of August 2023

This home is located at 474 E Main St, Somerville, NJ 08876 since 20 June 2023 and is currently estimated at $574,715. This property was built in 1948. 474 E Main St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Agent to Sell the Property

ANH N. TRANG

WEICHERT REALTORS Brokerage Phone: 908-874-8100 Listed on: 06/20/2023

Last Buyer's Agent

CYNTHIA CONSHUE

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,614

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,614

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • County Name: Somerset
  • Street Number Display: 474
  • I D: 5228163
  • Modified: 2024-08-17
  • Number Images: 1
  • Attribution Contact: 908-874-8100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 50X126
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 9, 2023
Sold by
Chiang Kuo Cheng and Chiang Gary Cheng
Bought by
East Main 474 Llc
Seller's Agent
ANH N. TRANG
WEICHERT REALTORS
Buyer's Agent
CYNTHIA CONSHUE
WEICHERT REALTORS
List Price
$500,000
Sold Price
$501,000
Premium/Discount to List
$1,000
0.2%
Views
117
Current Estimated Value
$574,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,715
Avg. Annual Appreciation
6.62%
Original Mortgage
$392,250
Outstanding Balance
$383,312
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$191,403

Purchase Details

Closed on
Oct 2, 2008
Sold by
Chiang Kuo Cheng and Chiang Chien Cheng
Bought by
Chiang Kuo Cheng and Chiang Chien Cheng

Purchase Details

Closed on
May 24, 2008
Sold by
Fetko Steven J and Fetko Thomas M
Bought by
Chiang Kuo Cheng and Chiang Chien Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,250
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
East Main 474 Llc $501,000 Catic Title
East Main 474 Llc $501,000 Catic Title
Chiang Kuo Cheng -- Old Republic National Title
Chiang Kuo Cheng $322,500 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East Main 474 Llc $392,250
Closed East Main 474 Llc $392,250
Previous Owner Chiang Kuo Cheng $290,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $501,000 +0.2% --
08/11/2023 08/11/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $500,000 -- --
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 $10,614 $268,500 $99,500 $169,000
2024 $10,614 $268,500 $99,500 $169,000
2023 $10,369 $268,500 $99,500 $169,000
2022 $10,098 $268,500 $99,500 $169,000
2021 $9,760 $268,500 $99,500 $169,000
2020 $9,827 $268,500 $99,500 $169,000
2019 $9,760 $268,500 $99,500 $169,000
2018 $9,655 $268,500 $99,500 $169,000
2017 $9,457 $268,500 $99,500 $169,000
2016 $9,073 $268,500 $99,500 $169,000
2015 $8,952 $268,500 $99,500 $169,000
2014 $8,809 $268,500 $99,500 $169,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    ANH N. TRANG

    WEICHERT REALTORS

  • C

    Buyer's Agent in 2023

    CYNTHIA CONSHUE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3850229

Garden State MLS

APN: 18-00004-0000-00006

New Jersey Somerset County Somerville 08876

474 E Main St, Somerville, NJ

This home is located at 474 E Main St, Somerville, NJ 08876 since 20 June 2023 and is currently estimated at $574,715. This property was built in 1948. 474 E Main St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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