NOT LISTED FOR SALE

53A Norma Ave Somerset, NJ 08873

Estimated Value: $567,000 - $657,220

3 Beds
3 Baths
2,706 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 53A Norma Ave, Somerset, NJ 08873 and is currently estimated at $615,805, approximately $227 per square foot. 53A Norma Ave is a home located in Somerset County with nearby schools including Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
Odukoya Folafunmi and Addaquay Abena
Bought by
Odukoya Bandele and Odukoya Olufunke
Current Estimated Value
$615,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$257,654
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$329,339

Purchase Details

Closed on
Feb 9, 2007
Sold by
Dm Bekus Const Svcs Inc
Bought by
Odukoya Folafunmi and Addaquay Abena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,562
Interest Rate
6.4%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Odukoya Bandele $300,000 Old Republic Title
Odukoya Folafunmi $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odukoya Bandele $291,000
Previous Owner Odukoya Folafunmi $600,000
Previous Owner Addaquay Abena $240,000
Previous Owner Odukoya Folafunmi $308,562
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 $7,421 $407,300 $213,900 $193,400
2023 $7,514 $387,300 $193,900 $193,400
2022 $7,318 $357,300 $163,900 $193,400
2021 $7,073 $317,300 $123,900 $193,400
2020 $7,028 $307,300 $113,900 $193,400
2019 $6,660 $287,300 $93,900 $193,400
2018 $6,914 $295,200 $101,800 $193,400
2017 $7,058 $300,200 $106,800 $193,400
2016 $7,236 $305,200 $111,800 $193,400
2015 $6,601 $280,300 $99,800 $180,500
2014 $6,526 $281,300 $100,800 $180,500
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

53A Norma Ave, Somerset, NJ

This home is located at 53A Norma Ave, Somerset, NJ 08873 and is currently estimated at $615,805, approximately $227 per square foot. 53A Norma Ave is a home located in Somerset County with nearby schools including Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes