$265,000
SOLD DEC 4, 2020

7 Henry St Somerset, NJ 08873

2 Beds
2 Baths
864 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Attic

About This Home

As of October 2022

Charming 2 BR 2 Bath Cape in desirable Franklin is the perfect starter home in a prime location! Situated in a quiet, safe neighborhood & just minutes to shopping, dining, local conveniences, NJTPKE, Bus Line, NJ Transit & more, it's a Commuter's Dream come TRUE! Rocking Chair Porch boasts NEW wood railings, front steps & is perfect for enjoying your morning coffee. Step into a spacious interior w/gleaming HW flrs & a fresh neutral palette, easy to customize! Formal Dining rm makes dinner parties a breeze. EIK offers granite counters, ceramic backsplash, plenty of cabinet storage & Dinette space. Down the hall, the sleek main bath + 2 generous & bright Bedrooms w/lighted ceiling fans for a steady breeze. Full Finished Basement is an ADDED BONUS - 2nd Full Bath, Fam Rm, Rec area & Bonus Rm, ideal for a 3rd Bedroom, Home Office, etc! Convenient Laundry+ Storage rm too. Fenced-in Backyard holds a 12x12 refurbished Deck w/Privacy Panels, storage shed & more. Come & see TODAY!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st ADVANTAGE Listed on: 10/21/2020

RE/MAX 1st ADVANTAGE

Co-Listed By

Rajat Seth

RE/MAX 1st ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,288

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33x100
  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned GB

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Home Security

  • Home Security System
  • Storm Screens

Parking

  • Driveway
  • Paved Parking
  • Additional Parking
  • Open Parking

Outdoor Features

  • Deck
  • Shed
  • Outdoor Grill
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • No Cooling
  • Radiator
  • Gas Water Heater

Community Details

  • Franklin Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,288

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 33x100
  • Co List Office Mls Id: RFIR01
  • Ownership: Fee Simple
  • Subdivision Name: Franklin
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1927
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen, Separate Dining Area
  • Room Bedroom2 Area: 96.631944
  • Room Living Room Area: 146
  • Room Kitchen Area: 139.965277
  • Master Bedroom Master Bedroom Width: 10.166666
  • Room Master Bedroom Area: 99.125
  • Room Dining Room Area: 121.840277
  • Room Family Room Area: 171.111111
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Finished, Bath Full, Other Room(s), Recreation Room, Storage Space, Interior Entry, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Bath Main, Living Room, Dining Room, Attic
  • Living Area: 864
  • Stories: 2
  • Window Features: Screen/Storm Window

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Level, Near Public Transit
  • Pool Features: No, None
  • Exterior Features: Barbecue, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Car Width, Concrete, Additional Parking, Driveway, Paved

Utilities

  • Gas Company: Natural Gas
  • Security: Security System
  • Cooling: Ceiling Fan(s), None
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 3485
  • Zoning: GB

Tax Info

  • Tax Annual Amount: 4288
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 10, 2022
Sold by
Torres Reyna Mercedes and Torres Felix M
Bought by
Uribe Guadalupe Torres and Torres Brandon Rios
Seller's Agent
Elliot Smego
NEST SEEKERS INTERNATIONAL
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Views
45
Current Estimated Value
$421,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,151
Avg. Annual Appreciation
9.28%
Original Mortgage
$297,618
Outstanding Balance
$285,621
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$135,530

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 14, 2020
Sold by
Bible Gregory and Ihsle Margarita
Bought by
Mercedes Reyna and Torres Felix M
Seller's Agent
Robert Dekanski
RE/MAX 1st ADVANTAGE
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2020
Sold by
Hisle Gregory and Hisle Margarita
Bought by
Mercedes Reyna and Torres Felix M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,050
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Hisle Gregory and Hisle Margarita
Bought by
Hisle Gregory and Hisle Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1993
Sold by
Blacker Samuel
Bought by
Misle Gergory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $325,000 --
Deed $325,000 None Listed On Document
Deed $265,000 Clear Skies Title
Deed $265,000 Clear Skies Title
Deed $265,000 Clear Skies Title Agency
Interfamily Deed Transfer -- Servicelink
Deed $93,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,618 FHA
Closed $297,618 FHA
Previous Owner $0 New Conventional
Previous Owner $257,050 New Conventional
Previous Owner $217,250 New Conventional
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $325,000 +1.6% $376 / Sq Ft
08/11/2022 08/11/22 For Sale $319,900 +20.7% $370 / Sq Ft
12/04/2020 12/04/20 Sold $265,000 0.0% $307 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $265,000 -- $307 / Sq Ft
Source: All Jersey 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
2025 $5,105 $327,400 $178,000 $149,400
2024 $5,105 $280,200 $178,000 $102,200
2023 $4,854 $250,200 $148,000 $102,200
2022 $4,305 $210,200 $108,000 $102,200
2021 $4,448 $210,200 $108,000 $102,200
2020 $4,448 $194,500 $108,000 $86,500
2019 $4,288 $185,000 $108,000 $77,000
2018 $4,333 $185,000 $108,000 $77,000
2017 $4,349 $185,000 $108,000 $77,000
2016 $4,386 $185,000 $108,000 $77,000
2015 $4,357 $185,000 $108,000 $77,000
2014 $4,292 $185,000 $108,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2107350

All Jersey MLS

APN: 08-00172-0000-00027