NOT LISTED FOR SALE

488 Watchung Ave Watchung, NJ 07069

Estimated Value: $588,000 - $764,000

-- Bed
-- Bath
1,818 Sq Ft
$363/Sq Ft Est. Value

About This Home

This home is located at 488 Watchung Ave, Watchung, NJ 07069 and is currently estimated at $659,577, approximately $362 per square foot. 488 Watchung Ave is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2014
Sold by
Reyham Mehmet A and Reyham Fatma
Bought by
Reyham Mehmet A
Current Estimated Value
$659,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$457,247
Interest Rate
3.04%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$138,566

Purchase Details

Closed on
Feb 8, 1999
Sold by
Pulikanikal Sebastian
Bought by
Reyhan Mehmet and Reyhan Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 25, 1996
Sold by
Coccia Tisana
Bought by
Pulikanikal Sebastian and Loociamma Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
8.08%

Purchase Details

Closed on
Dec 30, 1993
Sold by
Somerset Con Corp
Bought by
Amtco Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Reyham Mehmet A -- Gateway Title Agency Llc
Reyhan Mehmet $230,000 --
Pulikanikal Sebastian $162,500 --
Amtco Corp $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyham Mehmet A $472,500
Closed Reyhan Mehmet A $100,000
Closed Reyhan Mehmet $205,000
Previous Owner Pulikanikal Sebastian $146,000
Previous Owner Amtco Corp $100,000
Source: Public Records

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 $8,228 $411,800 $251,500 $160,300
2023 $7,858 $385,000 $232,900 $152,100
2022 $7,534 $358,600 $213,500 $145,100
2021 $6,895 $343,400 $203,400 $140,000
2020 $7,137 $335,400 $197,400 $138,000
2019 $6,895 $332,300 $197,400 $134,900
2018 $6,576 $330,300 $197,400 $132,900
2017 $6,252 $315,900 $177,900 $138,000
2016 $6,520 $311,800 $177,900 $133,900
2015 $6,174 $291,500 $161,700 $129,800
2014 $5,989 $286,000 $160,200 $125,800
Source: Public Records

Map

New Jersey Somerset County Watchung 07069

488 Watchung Ave, Watchung, NJ

This home is located at 488 Watchung Ave, Watchung, NJ 07069 and is currently estimated at $659,577, approximately $362 per square foot. 488 Watchung Ave is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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