NOT LISTED FOR SALE

7 Newkirk Rd Somerset, NJ 08873

Estimated Value: $597,000 - $707,000

4 Beds
3 Baths
1,869 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $390,000 $209 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,238/month

About This Home

As of July 2019

MOVE IN READY. Spacious renovated bi-level home located in a quiet area in Somerset. 4 bedrooms, 2.5 bath, formal living & dining room, gleaming hardwood floors. EIN kitchen, SS appliances, granite countertops, cherry wood cabinets. Wood burning fireplace in family room, slider to 4 seasons updated heated sunroom that opens to patio and spacious backyard. Great for entertaining, lots of natural lighting. New 2 car wide drive way & front porch and professionally landscaped yard. Conveniently located to public transportations, Rutgers University, Hospitals, restaurants, shopping and easy access to major highways, RT 18, 27, 287 and Tpke. LOTS OF UPGRADES TO LIST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jul 3, 2019
Sold by
Francis Omar S and Francis Alicia I
Bought by
Nwankwo Oliver and Nwankwo Chiamaka
Seller's Agent
NANDAI SOOKHOO
WEICHERT REALTORS
Buyer's Agent
AUSTEN-COLLINS ANIBOGWU
ONE WORLD REALTY
List Price
$429,900
Sold Price
$390,000
Premium/Discount to List
-$39,900
-9.28%
Current Estimated Value
$651,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,480
Avg. Annual Appreciation
8.60%
Original Mortgage
$382,936
Outstanding Balance
$338,391
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$313,089

Purchase Details

Closed on
Jul 29, 2005
Sold by
Prudential Relocation Inc
Bought by
Francis Omar S and Francis Alicia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.17%

Purchase Details

Closed on
Sep 8, 2003
Sold by
Karner Joel
Bought by
Nunez Luis and Carrasco Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.29%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Viens Daniel
Bought by
Karner Joe and Karner Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.14%

Purchase Details

Closed on
Jul 22, 1993
Sold by
Beyer Bruce K and Beyer Valerie C
Bought by
Viens Daniel

Purchase Details

Closed on
Jun 1, 1989
Sold by
Vanacken Anthony and Vanacken Betty H
Bought by
Beye Bruce K and Beye Valerie C
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
Nwankwo Oliver $390,000 First American Title Ins Co
Francis Omar S $375,000 --
Nunez Luis $328,000 --
Karner Joe $225,000 --
Viens Daniel $160,500 --
Beye Bruce K $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nwankwo Oliver $382,936
Previous Owner Francis Omar S $300,000
Previous Owner Nunez Luis $295,200
Previous Owner Karner Joe $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $390,000 -9.3% --
05/10/2019 05/10/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $429,900 -- --

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 $9,405 $604,800 $324,400 $280,400
2024 $9,405 $516,200 $324,400 $191,800
2023 $9,390 $484,000 $292,200 $191,800
2022 $9,093 $444,000 $252,200 $191,800
2021 $8,336 $374,000 $182,200 $191,800
2020 $8,325 $364,000 $172,200 $191,800
2019 $8,206 $354,000 $162,200 $191,800
2018 $7,939 $339,000 $147,200 $191,800
2017 $7,617 $324,000 $132,200 $191,800
2016 $7,445 $314,000 $122,200 $191,800
2015 $7,041 $299,000 $107,200 $191,800
2014 $6,821 $294,000 $102,200 $191,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    NANDAI SOOKHOO

    WEICHERT REALTORS

  • A

    Buyer's Agent in 2019

    AUSTEN-COLLINS ANIBOGWU

    ONE WORLD REALTY

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Map

New Jersey Somerset County Somerset 08873

7 Newkirk Rd, Somerset, NJ

This home is located at 7 Newkirk Rd, Somerset, NJ 08873 and is currently estimated at $651,480, approximately $348 per square foot. 7 Newkirk Rd is a home located in Somerset County with nearby schools including Franklin High School and Rutgers Preparatory School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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