NOT LISTED FOR SALE

502 Somerset St North Plainfield, NJ 07060

Estimated Value: $456,795 - $522,000

3 Beds
1.5 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $325,000

Est. 53% increase in value since last sale

Current estimated payment $3,493/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Workshop
  • Wood Flooring
  • Home Office
  • Formal Dining Room

About This Home

As of June 2021

Well Maintained House Located in the B2A Business District offering great opportunity as a residence, multi-family and/or office. Enclosed porch offers a separate entrance. Large size rooms with hardwood floors and original woodwork inside. Large Detached Garage offers great storage space for residence or business. Located close to Route 22 for ease of access.

Last Agent to Sell the Property

Kyle Cook

CALLAWAY HENDERSON SOTHEBY'S IR Listed on: 03/18/2021

Last Buyer's Agent

JESSICA SALVADO

WILLIAMSON REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,240

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Property is zoned B2A

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Private Driveway

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan
  • Storm Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Schools

  • Stoney Brk Elementary School
  • N Plainfld Middle School
  • N Plainfld High School

Utilities

  • Radiator
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2714-00075-0000-00025-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,240

Year Built

Built in 1903 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1903
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Exclusions: Personal Property
  • Possible Other Uses: Business/Commercial, Home-Office
  • Renovated Year: 1964
  • Street Number Display: 502
  • Directions: Route 22 to Somerset Street
  • I D: 5055603
  • Modified: 2022-06-05
  • Number Images: 6
  • First Name: KYLE
  • First Name3: JESSICA
  • Last Name: COOK
  • Last Name3: SALVADO
  • Office Phone: 249921
  • Office Phone3: 7327522222
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1964

Interior Features

  • Flooring: Wood
  • Appliances: Dryer, Refrigerator, Washer
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full, Unfinished
  • Basement Level Rooms: Storage Room, Workshop
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x15
  • Kitchen Level: First
  • Living Room Dim: 13x18
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, Dining Room, Family Room, Kitchen, Living Room, Office, SeeRem
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-627-1190

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Sidewalk, Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Attic Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: STONEY BRK
  • Middle School: N PLAINFLD
  • High School: N PLAINFLD
  • High School: N PLAINFLD
  • Middle Jr High School: N PLAINFLD

Lot Info

  • Lot Size: 52X135
  • Assessed Improvement Value: 168700
  • Assessed Land Value: 67500
  • Assessment: 236200
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.16
  • Zoning: B2A

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9240
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2714-00075-0000-00025-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.912
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: STONEY BRK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jun 2, 2021
Sold by
Dellbro Enterprises Llc
Bought by
Allende Jack
Seller's Agent
Kyle Cook
CALLAWAY HENDERSON SOTHEBY'S IR
Buyer's Agent
JESSICA SALVADO
WILLIAMSON REALTY, INC
List Price
$279,000
Sold Price
$325,000
Premium/Discount to List
$46,000
16.49%
Current Estimated Value
$496,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,949
Avg. Annual Appreciation
10.33%
Original Mortgage
$292,500
Outstanding Balance
$264,822
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,127

Purchase Details

Closed on
Mar 1, 2011
Sold by
Speirs Bruce Walker
Bought by
Dellbro Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2009
Sold by
Speirs Carol
Bought by
Speirs Bruce Walker
Source: Public Records

Range of Values:

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Average Value
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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
Allende Jack $325,000 Absolute Ttl Age Of Nj Llc
Dellbro Enterprises Llc $180,000 None Available
Speirs Bruce Walker -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allende Jack $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $325,000 +16.5% --
04/02/2021 04/02/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $279,000 -- --
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
2025 $10,294 $236,200 $67,500 $168,700
2024 $10,294 $236,200 $67,500 $168,700
2023 $10,036 $236,200 $67,500 $168,700
2022 $9,639 $236,200 $67,500 $168,700
2021 $9,517 $236,200 $67,500 $168,700
2020 $9,240 $236,200 $67,500 $168,700
2019 $8,995 $236,200 $67,500 $168,700
2018 $8,803 $236,200 $67,500 $168,700
2017 $8,917 $236,200 $67,500 $168,700
2016 $8,477 $236,200 $67,500 $168,700
2015 $8,118 $236,200 $67,500 $168,700
2014 $7,745 $236,200 $67,500 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3698882

Garden State MLS

APN: 14-00075-0000-00025