56 Marvin Ave Somerset, NJ 08873
Estimated payment $2,861/month
Highlights
- Central Air
- Rectangular Lot
- 5-minute walk to Consovoy Park
About This Home
Bring your vision and creativity to this single-family Ranch style home full of potential! Perfectly situated in a desirable neighborhood, this property offers a fantastic opportunity for homeowners, investors, or contractors looking to customize to bring it to its full potential. The home features 3 Beds, 1 full bath, a spacious living area, and a functional layout ready for your personal touch. With some renovations and updates, this property can easily be transformed into a beautiful modern residence. Additional highlights include a backyard, private driveway for 2 or more cars, full unfinished basement; plus convenient access to schools, shopping, parks, and transportation. Whether youâ€TMre looking to flip, rent, or make it your dream home donâ€TMt miss the chance to make this home your own—schedule a showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,880
Lot Details
- 6,199 Sq Ft Lot
- Rectangular Lot
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 44 / 247
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,880 | $394,500 | $262,200 | $132,300 |
| 2024 | $5,880 | $322,700 | $232,200 | $90,500 |
| 2023 | $5,872 | $302,700 | $212,200 | $90,500 |
| 2022 | $5,687 | $277,700 | $187,200 | $90,500 |
| 2021 | $5,298 | $237,700 | $147,200 | $90,500 |
| 2020 | $5,093 | $222,700 | $132,200 | $90,500 |
| 2019 | $4,930 | $212,700 | $122,200 | $90,500 |
| 2018 | $4,396 | $187,700 | $97,200 | $90,500 |
| 2017 | $4,413 | $187,700 | $97,200 | $90,500 |
| 2016 | $4,545 | $191,700 | $101,200 | $90,500 |
| 2015 | $4,538 | $192,700 | $102,200 | $90,500 |
| 2014 | $4,447 | $191,700 | $101,200 | $90,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $449,900 | +2.3% | -- |
| 04/22/2025 04/22/25 | For Sale | $440,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | First American Title Ins Co | |
| Deed | $265,000 | First American Title Ins Co | |
| Deed | $265,000 | -- | |
| Deed | $265,000 | First American Title Ins Co | |
| Deed | $135,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $39,750 | Stand Alone Second | |
| Previous Owner | $212,000 | New Conventional | |
| Previous Owner | $212,000 | New Conventional |
Source: New Jersey MLS
MLS Number: 25040616
APN: 08-00247-0000-00044
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