54 Bennetts Ln Somerset, NJ 08873
Estimated Value: $637,302 - $662,000
--
Bed
--
Bath
1,712
Sq Ft
$381/Sq Ft
Est. Value
About This Home
This home is located at 54 Bennetts Ln, Somerset, NJ 08873 and is currently estimated at $651,826, approximately $380 per square foot. 54 Bennetts Ln is a home located in Somerset County with nearby schools including Franklin High School and Rutgers Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2023
Sold by
Morelock Allan
Bought by
Dela Cruz Juan Carlos Espin
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
$504,000
Outstanding Balance
$494,729
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$132,059
Purchase Details
Closed on
Jul 30, 2010
Sold by
Morelock Allan
Bought by
Morelock Allan
Purchase Details
Closed on
Jun 17, 2010
Sold by
Bennett Doris J
Bought by
Morelock Allan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,817
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2010
Sold by
Bennett Doris J
Bought by
Bennett Doris J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,817
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2008
Sold by
Morelock Alan
Bought by
Morelock Allan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2003
Sold by
Hamm Lisa
Bought by
Moreluck Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
5.64%
Purchase Details
Closed on
Oct 27, 1993
Sold by
Martino Joseph
Bought by
Hamm Michael and Hamm Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.72%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Dela Cruz Juan Carlos Espin | $560,000 | American Land Title | |
Morelock Allan | -- | None Available | |
Morelock Allan | $22,500 | Multiple | |
Bennett Doris J | -- | None Available | |
Morelock Allan | -- | First American Title Ins Co | |
Moreluck Alan | $298,000 | -- | |
Morelock Alan | $298,000 | -- | |
Hamm Michael | $162,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Dela Cruz Juan Carlos Espin | $504,000 | |
Previous Owner | Morelock Allan | $209,000 | |
Previous Owner | Morelock Allan | $219,817 | |
Previous Owner | Morelock Allan | $222,000 | |
Previous Owner | Morelock Alan | $238,400 | |
Previous Owner | Hamm Michael | $128,000 |
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 |
---|---|---|---|---|
2024 | $10,098 | $554,200 | $383,800 | $170,400 |
2023 | $8,811 | $454,200 | $283,800 | $170,400 |
2022 | $8,483 | $414,200 | $243,800 | $170,400 |
2021 | $8,558 | $374,200 | $203,800 | $170,400 |
2020 | $8,558 | $374,200 | $203,800 | $170,400 |
2019 | $8,549 | $368,800 | $203,800 | $165,000 |
2018 | $8,286 | $353,800 | $188,800 | $165,000 |
2017 | $8,318 | $353,800 | $188,800 | $165,000 |
2016 | $8,389 | $353,800 | $188,800 | $165,000 |
2015 | $8,261 | $350,800 | $188,800 | $162,000 |
2014 | $8,139 | $350,800 | $188,800 | $162,000 |
Source: Public Records
Map
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