NOT LISTED FOR SALE

56 Margaret Dr Somerset, NJ 08873

Estimated Value: $918,000 - $969,000

Studio
-- Bath
3,154 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 56 Margaret Dr, Somerset, NJ 08873 and is currently estimated at $946,355, approximately $300 per square foot. 56 Margaret Dr is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Prep School, and Guidepost Montessori at Somerset.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Hasan Syed and Hasan Rukhsana
Bought by
Quraishi Zein and Shaikh Farah
Current Estimated Value
$946,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Outstanding Balance
$649,517
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$296,838

Purchase Details

Closed on
Apr 4, 2014
Sold by
Hasan Rukhsana and Hasan Syed
Bought by
Hasan Rukhsana and Hasan Syed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2004
Sold by
Woo Chong S
Bought by
Hasan Rukhsana and Hasan Syed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.65%

Purchase Details

Closed on
Jun 3, 2002
Sold by
Sheladia Meghana
Bought by
Woo Chong and Woo Hyon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,400
Interest Rate
6.8%

Purchase Details

Closed on
Apr 12, 2000
Sold by
Us Home
Bought by
Sheladia Meghana and Sheldia Jaysukh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,600
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Quraishi Zein $830,000 Westcor Land Title
Quraishi Zein $830,000 Westcor Land Title
Hasan Rukhsana -- None Available
Hasan Rukhsana $545,000 --
Woo Chong $473,000 --
Sheladia Meghana $380,750 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Quraishi Zein $664,000
Closed Quraishi Zein $664,000
Previous Owner Hasan Rukhsana $260,000
Previous Owner Hasan Rukhsana $145,000
Previous Owner Woo Chong $378,400
Previous Owner Sheladia Meghana $304,600
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 $14,388 $895,900 $311,700 $584,200
2024 $14,388 $791,400 $391,700 $399,700
2023 $13,567 $702,600 $303,100 $399,500
2022 $11,727 $575,400 $178,100 $397,300
2021 $12,743 $575,400 $178,100 $397,300
2020 $13,140 $580,400 $183,100 $397,300
2019 $13,131 $570,400 $173,100 $397,300
2018 $12,919 $555,400 $158,100 $397,300
2017 $12,473 $534,400 $137,100 $397,300
2016 $12,564 $534,400 $137,100 $397,300
2015 $12,604 $539,800 $137,100 $402,700
2014 $12,426 $539,800 $137,100 $402,700
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

56 Margaret Dr, Somerset, NJ

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.

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