NOT LISTED FOR SALE

58 E Somerset St Raritan, NJ 08869

Estimated Value: $444,000 - $511,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $350,000

Est. 39% increase in value since last sale

Current estimated payment $3,415/month

5 Days on Market

About This Home

As of March 2021

This home is located at 58 E Somerset St, Raritan, NJ 08869 since 14 January 2021 and is currently estimated at $486,113. This property was built in 1920. 58 E Somerset St is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Listed By

CHARLES NUARA

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-874-7797 Listed on: 01/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,322

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,322

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Somerset
  • Street Number Display: 58
  • I D: 5039674
  • Modified: 2022-03-18
  • Number Images: 1
  • Attribution Contact: 908-874-7797
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X150
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 17, 2021
Sold by
Lazorchak John
Bought by
Williams Kenika
Seller's Agent
CHARLES NUARA
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
CHARLES NUARA
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Total Days on Market
5
Current Estimated Value
$486,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,113
Avg. Annual Appreciation
7.00%
Original Mortgage
$342,897
Outstanding Balance
$314,418
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$150,611

Purchase Details

Closed on
Oct 19, 2016
Sold by
Lazorchak John M
Bought by
Lazorchak John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.47%

Purchase Details

Closed on
Aug 25, 1994
Sold by
Tropiano Frank
Bought by
Lazorchak John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
8.44%

Range of Values:

Collateral Analytics

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ICE

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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
Williams Kenika $350,000 Absulute Ttl & Abstract Llc
Lazorchak John -- --
Lazorchak John $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kenika $342,897
Previous Owner Lazorchak John $775,000
Previous Owner Lazorchak John --
Previous Owner Lazorchak John M $250,000
Previous Owner Lazorchak John M $100,000
Previous Owner Lazorchak John $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $350,000 0.0% --
01/19/2021 01/19/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $349,900 -- --
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 $8,322 $278,700 $145,500 $133,200
2023 $7,935 $278,700 $145,500 $133,200
2022 $7,709 $278,700 $145,500 $133,200
2021 $7,132 $278,700 $145,500 $133,200
2020 $7,132 $278,700 $145,500 $133,200
2019 $7,107 $278,700 $145,500 $133,200
2018 $6,831 $278,700 $145,500 $133,200
2017 $6,650 $278,700 $145,500 $133,200
2016 $6,522 $278,700 $145,500 $133,200
2015 $6,246 $278,700 $145,500 $133,200
2014 $6,265 $278,700 $145,500 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3687112

Garden State MLS

APN: 16-00111-0000-00003