NOT LISTED FOR SALE

50 Margaret Dr Somerset, NJ 08873

Estimated Value: $921,000 - $1,005,000

4 Beds
3 Baths
2,626 Sq Ft
$369/Sq Ft Est. Value

About This Home

This home is located at 50 Margaret Dr, Somerset, NJ 08873 and is currently estimated at $969,013, approximately $369 per square foot. 50 Margaret Dr is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2017
Sold by
Samant Shrinicas S and Rajan Priya
Bought by
Gordon Scott B and Gordon April
Current Estimated Value
$945,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$391,160
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$544,289

Purchase Details

Closed on
Jun 25, 2009
Sold by
Abreu Kenneth J and Abreu Kathleen M
Bought by
Samant Shrinivas S and Rajan Priya

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
4.92%
Mortgage Type
Purchase Money Mortgage
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
Gordon Scott B $580,000 None Available
Samant Shrinivas S $532,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Scott B $464,000
Previous Owner Samant Shrinivas S $395,000
Previous Owner Samant Shrinivas S $417,000
Previous Owner Abreu Kenneth J $238,000
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 $13,893 $764,200 $391,000 $373,200
2023 $13,034 $675,000 $301,800 $373,200
2022 $11,209 $550,000 $176,800 $373,200
2021 $12,183 $550,000 $176,800 $373,200
2020 $12,565 $555,000 $181,800 $373,200
2019 $12,546 $545,000 $171,800 $373,200
2018 $12,328 $530,000 $156,800 $373,200
2017 $11,880 $509,000 $135,800 $373,200
2016 $11,967 $509,000 $135,800 $373,200
2015 $11,885 $509,000 $135,800 $373,200
2014 $11,717 $509,000 $135,800 $373,200
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

50 Margaret Dr, Somerset, NJ

This home is located at 50 Margaret Dr, Somerset, NJ 08873 and is currently estimated at $969,013, approximately $369 per square foot. 50 Margaret Dr is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

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