5 Drift Rd Watchung, NJ 07069
Estimated Value: $967,000 - $1,026,593
--
Bed
--
Bath
2,580
Sq Ft
$386/Sq Ft
Est. Value
About This Home
This home is located at 5 Drift Rd, Watchung, NJ 07069 and is currently estimated at $996,648, approximately $386 per square foot. 5 Drift Rd 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
Sep 14, 2021
Sold by
Cabato Raul and Quintong Melynda M
Bought by
Muhammad Sher and Zunair Muhammad
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$614,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$382,448
Purchase Details
Closed on
Aug 14, 2009
Sold by
Morse Richard and Morse Lindsey
Bought by
Cabato Raul and Quintong Melynda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muhammad Sher | $750,000 | Golden Title Agency Llc | |
| Cabato Raul | $555,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muhammad Sher | $675,000 | |
| Previous Owner | Cabato Raul | $417,000 |
Source: Public Records
Tax History Compared to Growth
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 | $14,813 | $805,600 | $327,900 | $477,700 |
| 2024 | $14,813 | $741,400 | $300,500 | $440,900 |
| 2023 | $14,269 | $699,100 | $280,800 | $418,300 |
| 2022 | $14,222 | $676,900 | $272,700 | $404,200 |
| 2021 | $11,456 | $566,200 | $266,000 | $300,200 |
| 2020 | $11,817 | $555,300 | $260,800 | $294,500 |
| 2019 | $11,456 | $552,100 | $260,800 | $291,300 |
| 2018 | $10,652 | $535,000 | $253,200 | $281,800 |
| 2017 | $10,287 | $519,800 | $224,000 | $295,800 |
| 2016 | $10,687 | $511,100 | $224,000 | $287,100 |
| 2015 | $10,209 | $482,000 | $203,600 | $278,400 |
| 2014 | $9,911 | $473,300 | $203,600 | $269,700 |
Source: Public Records
Map
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