NOT LISTED FOR SALE

7 Cornelius Way Somerset, NJ 08873

Estimated Value: $977,000 - $1,092,000

-- Bed
-- Bath
3,301 Sq Ft
$315/Sq Ft Est. Value

About This Home

This home is located at 7 Cornelius Way, Somerset, NJ 08873 and is currently estimated at $1,038,434, approximately $314 per square foot. 7 Cornelius Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Mechler Robert T and Mechler Laura J
Bought by
Psinakis Daniel and Psinakis Aimce
Current Estimated Value
$1,024,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,800
Outstanding Balance
$581,542
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$414,638

Purchase Details

Closed on
Jan 21, 1998
Sold by
Sunrise Communities Ii
Bought by
Mechler Robert and Mechler Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Psinakis Daniel $796,000 Safe Land Title Agency Llc
Mechler Robert $340,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Psinakis Daniel $636,800
Previous Owner Mechler Robert T $200,000
Previous Owner Mechler Robert T $200,000
Previous Owner Mechler Robert T $417,000
Previous Owner Mechler Laura J $200,000
Previous Owner Mechler Robert $293,000
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 $15,351 $844,400 $418,900 $425,500
2023 $15,147 $784,400 $358,900 $425,500
2022 $14,559 $714,400 $288,900 $425,500
2021 $14,273 $644,400 $218,900 $425,500
2020 $14,136 $624,400 $198,900 $425,500
2019 $14,074 $611,400 $198,900 $412,500
2018 $13,989 $601,400 $188,900 $412,500
2017 $13,570 $581,400 $168,900 $412,500
2016 $13,735 $584,200 $168,900 $415,300
2015 $13,875 $594,200 $178,900 $415,300
2014 $13,310 $578,200 $162,900 $415,300
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

7 Cornelius Way, Somerset, NJ

This home is located at 7 Cornelius Way, Somerset, NJ 08873 and is currently estimated at $1,038,434, approximately $314 per square foot. 7 Cornelius Way is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Rutgers Preparatory School.

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