NOT LISTED FOR SALE

650 Franklin Blvd Somerset, NJ 08873

Estimated Value: $1,411,000

-- Bed
-- Bath
1,736 Sq Ft
$813/Sq Ft Est. Value

About This Home

This home is located at 650 Franklin Blvd, Somerset, NJ 08873 and is currently priced at $1,411,000, approximately $812 per square foot. 650 Franklin Blvd is a home with nearby schools including Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Payal Enterprise Inc
Bought by
G Petro Group Llc
Current Estimated Value
$1,411,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2012
Sold by
Exxon Mobil Corporation
Bought by
Payal Enterprise Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
4.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
G Petro Group Llc $900,000 Advantage Title Agency Inc
Payal Enterprise Inc $1,364,987 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed G Petro Group Llc $66,000,000
Previous Owner Payal Enterprise Inc $1,130,000
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 $23,686 $1,300,000 $828,000 $472,000
2023 $25,220 $1,300,000 $828,000 $472,000
2022 $26,624 $1,300,000 $828,000 $472,000
2021 $28,934 $1,300,000 $828,000 $472,000
2020 $29,731 $1,300,000 $828,000 $472,000
2019 $25,498 $1,100,000 $828,000 $272,000
2018 $25,762 $1,100,000 $828,000 $272,000
2017 $25,861 $1,100,000 $828,000 $272,000
2016 $26,081 $1,100,000 $828,000 $272,000
2015 $26,906 $1,100,000 $828,000 $272,000
2014 -- $1,100,000 $828,000 $272,000
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

650 Franklin Blvd, Somerset, NJ

This home is located at 650 Franklin Blvd, Somerset, NJ 08873 and is currently priced at $1,411,000, approximately $812 per square foot. 650 Franklin Blvd is a home with nearby schools including Franklin High School.

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