NOT LISTED FOR SALE

Estimated Value: $2,817,862

3.63 Acres
$776,271 Price per Acre
158,123 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $355,935

Est. 692% increase in value since last sale

Current estimated payment $19,444/month

About This Lot

As of October 2021

This home is located at 50 James St, Somerville Boro, NJ 08876 since 10 October 2021 and is currently estimated at $2,817,862. 50 James 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

Mark Jacobson

CORCORAN SAWYER SMITH Brokerage Phone: 908-782-0100 Listed on: 10/10/2021

Last Buyer's Agent

Mark Jacobson

CORCORAN SAWYER SMITH Brokerage Phone: 908-782-0100 Listed on: 10/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $48,195

Lot Details

  • 3.63 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$48,195

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5109028
  • Modified: 2022-10-14
  • Attribution Contact: 908-782-0100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 395X400
  • Total Acres: 3.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Fifty James Llc
Bought by
Foundry Holdings Llc
Current Estimated Value
$2,817,862

Purchase Details

Listed on
Oct 10, 2021
Closed on
Oct 13, 2021
Sold by
Truckform Inc
Bought by
Fifty James Llc
Seller's Agent
Mark Jacobson
CORCORAN SAWYER SMITH
Buyer's Agent
Mark Jacobson
CORCORAN SAWYER SMITH
List Price
$300,000
Sold Price
$355,935
Premium/Discount to List
$55,935
18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.72%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Foundry Holdings Llc $2,300,000 --
Fifty James Llc $355,935 Commonwealth Land Ttl Ins Co
Fifty James Llc $355,935 Commonwealth Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $355,935 +18.6% --
10/10/2021 10/10/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $300,000 -- --
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 $48,195 $1,219,200 $494,500 $724,700
2023 $47,086 $1,219,200 $494,500 $724,700
2022 $45,854 $1,219,200 $494,500 $724,700
2021 $44,318 $1,219,200 $494,500 $724,700
2020 $44,623 $1,219,200 $494,500 $724,700
2019 $44,318 $1,219,200 $494,500 $724,700
2018 $43,842 $1,219,200 $494,500 $724,700
2017 $45,434 $1,290,000 $494,500 $795,500
2016 $43,589 $1,290,000 $494,500 $795,500
2015 $43,009 $1,290,000 $494,500 $795,500
2014 $50,216 $1,530,500 $494,500 $1,036,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3745814

Garden State MLS

APN: 18-00050-0000-00002