NOT LISTED FOR SALE

48 Madison St Somerville, NJ 08876

Estimated Value: $404,000 - $477,000

3 Beds
1 Bath
1,100 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $330,000 $300 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,135/month

21 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Somerville High School Rated A-
  • Wood Flooring
  • Loft

About This Home

As of July 2022

Welcome home to this updated, charming Cape Cod style home. Located on a nice, quiet street. This home has an updated kitchen and bath, along with new flooring throughout. There are two bedrooms and one bath on the first floor, and the third bedroom with a loft area on the second floor. Washer/dryer hookup started on 2nd floor. Detached garage. Large deck and plenty of space in the backyard. Minutes to lively downtown Somerville, hospital, and restaurants. Low taxes! Come put your own finishing touches!

Last Agent to Sell the Property

OILUJ LOPEZ

HYVEST REALTY Listed on: 05/25/2022

Last Buyer's Agent

GABRIELLA GUAGLIANONE

RE/MAX REVOLUTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,587

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Loft
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2718-00017-0000-00009-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,587

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 48
  • Directions: GPS
  • I D: 5153398
  • Modified: 2023-07-26
  • Number Images: 17
  • First Name: OILUJ
  • First Name3: GABRIELLA
  • Last Name: LOPEZ
  • Last Name3: GUAGLIANONE
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 6
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Kitchen, Living Room, Screened
  • Level 2 Rooms: 1 Bedroom, Loft
  • Estimated Sq Ft: 1100
  • Phone: 732-564-6900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Lot Size: 65X102
  • Assessed Improvement Value: 92100
  • Assessed Land Value: 115200
  • Assessment: 207300
  • Lot Identifier: 9
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7587
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2718-00017-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.737
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 15, 2022
Sold by
Lopez and Oiluj
Bought by
Korybski Michael John and Korybski Laura Marie
Seller's Agent
OILUJ LOPEZ
HYVEST REALTY
Buyer's Agent
GABRIELLA GUAGLIANONE
RE/MAX REVOLUTION
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%
Current Estimated Value
$440,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,106
Avg. Annual Appreciation
9.32%
Original Mortgage
$313,500
Outstanding Balance
$301,890
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$131,161

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 17, 2021
Sold by
Pluym Jamesine Vander and The James E Winkels Trust
Bought by
Lopez Carla and Lopez Oiluj
Seller's Agent
ALICIA FIDELMAN
WEICHERT REALTORS
Buyer's Agent
OILUJ LOPEZ
HYVEST REALTY
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.11%
Original Mortgage
$245,471
Interest Rate
2.88%
Mortgage Type
FHA
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
Korybski Michael John $330,000 Fidelity National Title
Lopez Carla $250,000 Democracy Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korybski Michael John $313,500
Previous Owner Lopez Carla $245,471
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $330,000 -2.9% $300 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $339,900 +36.0% $309 / Sq Ft
10/08/2021 10/08/21 Sold $250,000 +0.4% --
08/16/2021 08/16/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $249,000 -- --
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
2024 $8,705 $220,200 $115,200 $105,000
2023 $8,504 $220,200 $115,200 $105,000
2022 $7,797 $207,300 $115,200 $92,100
2021 $7,747 $207,300 $115,200 $92,100
2020 $7,587 $207,300 $115,200 $92,100
2019 $7,535 $207,300 $115,200 $92,100
2018 $7,455 $207,300 $115,200 $92,100
2017 $7,301 $207,300 $115,200 $92,100
2016 $7,005 $207,300 $115,200 $92,100
2015 $6,911 $207,300 $115,200 $92,100
2014 $6,802 $207,300 $115,200 $92,100
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2022

    OILUJ LOPEZ

    HYVEST REALTY

  • G

    Buyer's Agent in 2022

    GABRIELLA GUAGLIANONE

    RE/MAX

  • A

    Seller's Agent in 2021

    ALICIA FIDELMAN

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3784548

Garden State MLS

APN: 18-00017-0000-00009

New Jersey Somerset County Somerville 08876

48 Madison St, Somerville, NJ

This home is located at 48 Madison St, Somerville, NJ 08876 since 25 May 2022 and is currently estimated at $449,247, approximately $408 per square foot. This property was built in 1947. 48 Madison 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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