NOT LISTED FOR SALE

605 Franklin Blvd Unit 1A Somerset, NJ 08873

Somerset Neighborhood

Estimated Value: $1,300,361

-- Bed
-- Bath
1,000 Sq Ft
$1,300/Sq Ft Est. Value

About This Home

This home is located at 605 Franklin Blvd Unit 1A, Somerset, NJ 08873 and is currently estimated at $1,300,361, approximately $1,300 per square foot. 605 Franklin Blvd Unit 1A is a home located in Somerset County with nearby schools including Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2023
Sold by
Ai-Este Inc
Bought by
Shivaay11 Llc
Current Estimated Value
$1,300,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$490,793
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$804,453
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shivaay11 Llc $1,130,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shivaay11 Llc $500,000
Previous Owner Al Este Inc $42,500
Previous Owner Al Este Inc $190,000
Source: Public Records

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 $20,042 $1,100,000 $750,000 $350,000
2023 $18,527 $955,000 $747,000 $208,000
2022 $19,558 $955,000 $747,000 $208,000
2021 $21,287 $955,000 $747,000 $208,000
2020 $21,841 $955,000 $747,000 $208,000
2019 $22,137 $955,000 $747,000 $208,000
2018 $22,366 $955,000 $747,000 $208,000
2017 $22,452 $955,000 $747,000 $208,000
2016 $22,643 $955,000 $747,000 $208,000
2015 $23,359 $955,000 $747,000 $208,000
2014 $22,156 $955,000 $747,000 $208,000
Source: Public Records

Map

New Jersey Somerset County Somerset 08873 Somerset

605 Franklin Blvd Unit 1A, Somerset, NJ

This home is located at 605 Franklin Blvd Unit 1A, Somerset, NJ 08873 and is currently estimated at $1,300,361, approximately $1,300 per square foot. 605 Franklin Blvd Unit 1A is a home located in Somerset County with nearby schools including Franklin High School.

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