7 Monroe St Somerville, NJ 08876
Estimated Value: $446,000 - $520,000
--
Bed
--
Bath
1,241
Sq Ft
$380/Sq Ft
Est. Value
About This Home
This home is located at 7 Monroe St, Somerville, NJ 08876 and is currently estimated at $471,011, approximately $379 per square foot. 7 Monroe St is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2007
Sold by
Folger Virginia D
Bought by
Espino Jose and Mercado Monica
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Outstanding Balance
$193,843
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$277,168
Purchase Details
Closed on
Oct 31, 1996
Sold by
Florence Chao
Bought by
Folger Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.1%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Espino Jose | $306,000 | Multiple | |
| Folger Virginia | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Espino Jose | $306,000 | |
| Previous Owner | Folger Virginia | $110,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,025 | $253,600 | $116,100 | $137,500 |
| 2024 | $10,025 | $253,600 | $116,100 | $137,500 |
| 2023 | $9,794 | $253,600 | $116,100 | $137,500 |
| 2022 | $9,538 | $253,600 | $116,100 | $137,500 |
| 2021 | $9,218 | $253,600 | $116,100 | $137,500 |
| 2020 | $9,282 | $253,600 | $116,100 | $137,500 |
| 2019 | $9,218 | $253,600 | $116,100 | $137,500 |
| 2018 | $9,119 | $253,600 | $116,100 | $137,500 |
| 2017 | $8,932 | $253,600 | $116,100 | $137,500 |
| 2016 | $8,569 | $253,600 | $116,100 | $137,500 |
| 2015 | $8,455 | $253,600 | $116,100 | $137,500 |
| 2014 | $8,321 | $253,600 | $116,100 | $137,500 |
Source: Public Records
Map
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