NOT LISTED FOR SALE

55 Ray St Somerset, NJ 08873

Estimated Value: $512,000 - $624,000

3 Beds
4 Baths
1,600 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $365,000 $228 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,541/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Private Driveway
  • 1 Car Detached Garage
  • Forced Air Zoned Cooling and Heating System

About This Home

As of October 2018

New Construction 3 Bedroom Colonial Style Home with Open Layout, Hardwood Floors and Recess Lighting throughout. Fully Upgraded Kitchen with Granite Countertops and SS appliances. Finished Basement, Spacious Bedrooms, and 4 Full Bathrooms. Detached Garage and 2 Zone Heating/Cooling. WILL NOT LAST

Last Agent to Sell the Property

Matthew Rowack

EXP REALTY, LLC Listed on: 06/14/2018

EXP REALTY, LLC

Co-Listed By

Niraj Parikh

REAL

Last Buyer's Agent

LOUIS G. BARROOD

BARROOD REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,438

Year Renovated

  • 2017

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Private Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2708-00155-0000-00015-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,438

Year Renovated

2017

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 9999
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2017
  • Street Number Display: 55
  • Directions: Route 27/Somerset St to Juliet Ave left on Ray
  • I D: 4813250
  • Modified: 2021-09-23
  • Number Images: 24
  • First Name: MATTHEW
  • First Name2: NIRAJ
  • First Name3: LOUIS G.
  • Last Name: ROWACK
  • Last Name2: PARIKH
  • Last Name3: BARROOD
  • Office Phone2: 732-257-3500
  • Office Phone3: 732-846-1661
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Microwave Oven
  • Number Rooms: 7
  • Bedrooms: 3
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished
  • Kitchen Area: Eat-In Kitchen
  • Phone: 732-821-6400

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: On-Street Parking, Detached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive, On-Street Parking

Utilities

  • Cooling: Multi-Zone Cooling, 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 50X100 AVG
  • Assessed Improvement Value: 116400
  • Assessed Land Value: 79800
  • Assessment: 196200
  • Lot Identifier: 15
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4438
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00155-0000-00015-0000-
  • Tax Rate Amount: 2.262
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Sep 20, 2018
Sold by
Bzsazu Realty Llc
Bought by
Fofana Mukhtaar and Fofana Haja P
Seller's Agent
Matthew Rowack
EXP REALTY, LLC
Buyer's Agent
LOUIS G. BARROOD
BARROOD REAL ESTATE
List Price
$379,999
Sold Price
$365,000
Premium/Discount to List
-$14,999
-3.95%
Current Estimated Value
$559,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,367
Avg. Annual Appreciation
6.35%
Original Mortgage
$358,388
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2011
Sold by
Us Bank Na
Bought by
Bzsazu Realty Llc

Purchase Details

Closed on
Nov 17, 2010
Sold by
Conteh Sheku and Conteh Aminate
Bought by
U S Bank N A

Purchase Details

Closed on
Jun 29, 2004
Sold by
Davis Kirk
Bought by
Conteh Sheku

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,550
Interest Rate
6.3%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Roach Cynthia
Bought by
Davis Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,880
Interest Rate
7.76%
Mortgage Type
FHA
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
Fofana Mukhtaar $365,000 None Available
Bzsazu Realty Llc $85,000 Multiple
U S Bank N A -- None Available
Conteh Sheku $309,000 --
Davis Kirk $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fofana Mukhtar $14,738
Open Fofana Mukhtar $21,616
Open Fofana Mukhtar $353,627
Closed Fofana Mukhtar $11,242
Closed Fofana Mukhtar $11,242
Closed Fofana Mukhtar $357,702
Closed Fofana Mukhtaar $358,388
Previous Owner Conteh Sheku $293,550
Previous Owner Davis Kirk $135,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $365,000 -3.9% $228 / Sq Ft
06/14/2018 06/14/18 For Sale $379,999 -- $237 / Sq Ft
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 $6,732 $417,900 $179,600 $238,300
2024 $6,732 $369,500 $209,600 $159,900
2023 $6,687 $344,700 $184,800 $159,900
2022 $6,650 $324,700 $164,800 $159,900
2021 $6,346 $284,700 $124,800 $159,900
2020 $6,397 $279,700 $119,800 $159,900
2019 $6,242 $269,300 $114,800 $154,500
2018 $2,356 $100,600 $89,800 $10,800
2017 $4,613 $196,200 $79,800 $116,400
2016 $4,699 $198,200 $81,800 $116,400
2015 $4,691 $199,200 $82,800 $116,400
2014 $4,645 $200,200 $83,800 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3479293

Garden State MLS

APN: 08-00155-0000-00015