NOT LISTED FOR SALE

54 W Somerset St Unit 2 Raritan, NJ 08869

Estimated Value: $519,000 - $964,000

1 Bed
1 Bath
1,728 Sq Ft
$454/Sq Ft Est. Value

About This Home

This home is located at 54 W Somerset St Unit 2, Raritan, NJ 08869 and is currently estimated at $783,894, approximately $453 per square foot. 54 W Somerset St Unit 2 is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
54 West Somerset Llc
Bought by
Mr Properties
Current Estimated Value
$783,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$403,209
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$380,685

Purchase Details

Closed on
Oct 6, 2021
Sold by
Bettermann Renate
Bought by
54 West Somerset Llc

Purchase Details

Closed on
Oct 4, 2021
Sold by
Battermann Renate
Bought by
54 West Somerset Llc

Purchase Details

Closed on
Jun 21, 1993
Sold by
Bettermann Renate
Bought by
Bettermann Renate
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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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
Mr Properties $900,000 American Land Title
Mr Properties $900,000 American Land Title
54 West Somerset Llc $335,000 New Title Company Name
54 West Somerset Llc $335,000 First American Title Ins Co
Bettermann Renate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mr Properties $405,000
Closed Mr Properties $405,000
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
2025 $8,540 $286,000 $143,900 $142,100
2024 $8,540 $286,000 $143,900 $142,100
2023 $8,142 $286,000 $143,900 $142,100
2022 $7,911 $286,000 $143,900 $142,100
2021 $7,436 $286,000 $143,900 $142,100
2020 $7,319 $286,000 $143,900 $142,100
2019 $7,293 $286,000 $143,900 $142,100
2018 $7,010 $286,000 $143,900 $142,100
2017 $6,824 $286,000 $143,900 $142,100
2016 $6,692 $286,000 $143,900 $142,100
2015 $6,409 $286,000 $143,900 $142,100
2014 $6,429 $286,000 $143,900 $142,100
Source: Public Records

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