NOT LISTED FOR SALE

56 12th St Somerset, NJ 08873

Estimated Value: $533,000 - $628,000

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold August 26, 2022

Last sale price $500,000

Est. 16% increase in value since last sale

Current estimated payment $3,996/month

8 Days on Market

About This Home

As of August 2022

This home is located at 56 12th St, Somerset, NJ 08873 since 29 June 2022 and is currently estimated at $578,265. This property was built in 1954. 56 12th St is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

Last Agent to Sell the Property

CYNTHIA CONSHUE

WEICHERT REALTORS Brokerage Phone: 908-874-8100 Listed on: 06/29/2022

Last Buyer's Agent

LOURDES AYUSO

WEICHERT REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,197

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,197

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • County Name: Somerset
  • Street Number Display: 56
  • I D: 5162719
  • Modified: 2023-08-27
  • Number Images: 0
  • Attribution Contact: 908-874-8100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 100X100
  • Total Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 29, 2022
Sold by
Gregory Gary
Bought by
Gallardo David and Abarca David A
Seller's Agent
CYNTHIA CONSHUE
WEICHERT REALTORS
Buyer's Agent
LOURDES AYUSO
WEICHERT REALTORS
List Price
$469,900
Sold Price
$500,000
Premium/Discount to List
$30,100
6.41%
Total Days on Market
8
Current Estimated Value
$578,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,265
Avg. Annual Appreciation
5.33%
Original Mortgage
$490,943
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 1991
Sold by
Lambiase Anthony and Lambiase Barbara
Bought by
Gregory Gary
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Gallardo David $500,000 --
Gregory Gary $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallardo David $490,943
Previous Owner Gregory Gary John $100,000
Previous Owner Gregory Gary $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $500,000 +6.4% --
07/11/2022 07/11/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $469,900 -- --
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
2024 $9,197 $505,900 $360,000 $145,900
2023 $8,130 $421,000 $275,100 $145,900
2022 $7,561 $371,000 $225,100 $145,900
2021 $7,110 $321,000 $175,100 $145,900
2020 $6,815 $301,000 $155,100 $145,900
2019 $6,929 $301,000 $155,100 $145,900
2018 $6,652 $286,000 $140,100 $145,900
2017 $6,325 $271,000 $125,100 $145,900
2016 $6,254 $266,000 $120,100 $145,900
2015 $6,094 $261,000 $115,100 $145,900
2014 $5,985 $260,000 $114,100 $145,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    CYNTHIA CONSHUE

    WEICHERT REALTORS

  • L

    Buyer's Agent in 2022

    LOURDES AYUSO

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3792819

Garden State MLS

APN: 08-00433-0000-00027

New Jersey Somerset County Somerset 08873

56 12th St, Somerset, NJ

This home is located at 56 12th St, Somerset, NJ 08873 since 29 June 2022 and is currently estimated at $578,265. This property was built in 1954. 56 12th St is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Guidepost Montessori at Somerset.

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