5 Red Oak Way Belle Mead, NJ 08502
Estimated Value: $1,015,000 - $1,210,000
--
Bed
--
Bath
3,392
Sq Ft
$322/Sq Ft
Est. Value
About This Home
This home is located at 5 Red Oak Way, Belle Mead, NJ 08502 and is currently estimated at $1,092,886, approximately $322 per square foot. 5 Red Oak Way is a home located in Somerset County with nearby schools including Orchard Hill Elementary School, Montgomery Lower Mid School, and Village Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 23, 2001
Sold by
Scherer George
Bought by
Nikain Reza and Nikain Denise
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
$368,000
Outstanding Balance
$141,405
Interest Rate
7.1%
Estimated Equity
$951,481
Purchase Details
Closed on
Oct 25, 1990
Sold by
Hoagland Farms Inc
Bought by
Scherer George A and Scherer Christine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nikain Reza | $460,000 | -- | |
| Scherer George A | $320,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nikain Reza | $368,000 |
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 | $18,596 | $542,800 | $206,800 | $336,000 |
| 2024 | $18,596 | $542,800 | $206,800 | $336,000 |
| 2023 | $18,580 | $542,800 | $206,800 | $336,000 |
| 2022 | $17,489 | $542,800 | $206,800 | $336,000 |
| 2021 | $17,342 | $542,800 | $206,800 | $336,000 |
| 2020 | $17,201 | $542,800 | $206,800 | $336,000 |
| 2019 | $17,087 | $542,800 | $206,800 | $336,000 |
| 2018 | $16,691 | $542,800 | $206,800 | $336,000 |
| 2017 | $16,403 | $542,800 | $206,800 | $336,000 |
| 2016 | $16,116 | $542,800 | $206,800 | $336,000 |
| 2015 | $15,747 | $542,800 | $206,800 | $336,000 |
| 2014 | $15,557 | $542,800 | $206,800 | $336,000 |
Source: Public Records
Map
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