NOT LISTED FOR SALE

7 Prospect Dr Somerville, NJ 08876

Estimated Value: $694,000 - $853,000

3 Beds
3.5 Baths
-- Sq Ft
0.28 Acres

Last Sold May 01, 2020

Last sale price $520,000

Est. 45% increase in value since last sale

Current estimated payment $5,668/month

40 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Formal Dining Room
  • Somerville High School Rated A-
  • Home Office
  • Cul-De-Sac

About This Home

As of May 2020

ABSOLUTELY BEAUTIFUL! COMPLETELY RENOVATED, OPEN CONCEPT home located on a quiet cul-de-sac! Kitchen boasts NEW: cabinets, quartz counters, SS appliances, marble backsplash, center island w/seating. NEW hardwood floors throughout. 3 1/2 NEW bathrooms, family room w/fireplace and NEW sliders out to NEW paver patio and stone surround porch. Finished basement is COMPLETELY NEW and boasts a family room, NEW full bathroom, SEPARATE office, and NEW French Drains. ALL YOU NEED TO DO IS MOVE IN! NEW siding, NEW windows, NEW lighting, NEW molding, NEW doors! Home comes with SMART Refrigerator, RING Doorbell, and NEST Thermostat, The entire house is freshly painted in an inviting neutral tone. Close to downtown Somerville, NYC Train, shopping, and restaurants. Close to major highways, and RWJ Hospital.

Last Agent to Sell the Property

LILEEN SCHWARZ

BHHS - NEW JERSEY PROPERTIES Listed on: 02/21/2020

Last Buyer's Agent

Lisa Pessagno

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,661

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room with entrance to outdoor space
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Separate Shower

Finished Basement

  • Garage Access
  • Exterior Basement Entry
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2718-00153-0000-00004-0003-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,661

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 7
  • Directions: Mountain Avenue to Prospect Street, Right onto Prospect Drive
  • I D: 4953148
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: LILEEN
  • First Name3: LISA
  • Last Name: SCHWARZ
  • Last Name3: PESSAGNO
  • Office Phone: 732-469-1515
  • Office Phone3: 908-766-0808
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, French Drain
  • Basement Level Rooms: Bath Main, Office, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: Ground
  • Kitchen Area: Breakfast Bar, Center Island, Pantry, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: Basement
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Other Room 3: Utility Room
  • Other Room3 Level: Basement
  • Level 1 Rooms: Dining Room, Foyer, Kitchen, Living Room, OutEntrn, Pantry, Porch
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: Bath(s) Other, GarEnter, Laundry Room, Outside Entrance, Screened
  • Phone: 732-469-1515

Exterior Features

  • Exterior Description: Brick, Composition Siding, Vinyl Siding
  • Exterior Features: Curbs, Open Porch(es), Patio, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 112X110
  • Assessed Improvement Value: 204400
  • Assessed Land Value: 147700
  • Assessment: 352100
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 4.3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.28

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12661
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2718-00153-0000-00004-0003-
  • Tax Rate Amount: 3.596
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 30, 2020
Sold by
7 Prospect Drive Llc
Bought by
Broadnax Jamie and Golas Patricia
Seller's Agent
LILEEN SCHWARZ
BHHS - NEW JERSEY PROPERTIES
Buyer's Agent
Lisa Pessagno
COLDWELL BANKER REALTY
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Total Days on Market
40
Current Estimated Value
$755,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,221
Avg. Annual Appreciation
6.47%
Original Mortgage
$416,000
Outstanding Balance
$377,004
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$338,382

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 28, 2019
Sold by
Mills Jennifer S and Estate Of Susan Rogan
Bought by
7 Prospect Drive Llc
Seller's Agent
SANDRA D O KEEFE
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
LILEEN SCHWARZ
BHHS - NEW JERSEY PROPERTIES
List Price
$325,000
Sold Price
$265,000
Premium/Discount to List
-$60,000
-18.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
248.45%
Original Mortgage
$337,500
Interest Rate
3.4%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Broadnax Jamie $520,000 None Available
7 Prospect Drive Llc $265,000 All Pro Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadnax Jamie $416,000
Previous Owner 7 Prospect Drive Llc $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $520,000 -5.3% --
04/01/2020 04/01/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $549,000 +107.2% --
10/17/2019 10/17/19 Sold $265,000 -18.5% --
09/11/2019 09/11/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $325,000 -- --
Source: Garden State 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
2024 $17,152 $433,900 $147,700 $286,200
2023 $16,757 $433,900 $147,700 $286,200
2022 $16,319 $433,900 $147,700 $286,200
2021 $16,215 $433,900 $147,700 $286,200
2020 $12,887 $352,100 $147,700 $204,400
2019 $12,799 $352,100 $147,700 $204,400
2018 $12,662 $352,100 $147,700 $204,400
2017 $12,401 $352,100 $147,700 $204,400
2016 $11,897 $352,100 $147,700 $204,400
2015 $11,739 $352,100 $147,700 $204,400
2014 $11,552 $352,100 $147,700 $204,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LILEEN SCHWARZ

    BHHS - NEW JERSEY PROPERTIES

  • Lisa Pessagno

    Buyer's Agent in 2020

    Lisa Pessagno

    COLDWELL BANKER REALTY

    (908) 208-9312

    6 Total Sales

    Lisa Pessagno
    Section Image

  • S

    Seller's Agent in 2019

    SANDRA D O KEEFE

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3618258

Garden State MLS

APN: 18-00153-0000-00004-03

New Jersey Somerset County Somerville 08876

7 Prospect Dr, Somerville, NJ

This home is located at 7 Prospect Dr, Somerville, NJ 08876 since 21 February 2020 and is currently estimated at $755,221. This property was built in 1960. 7 Prospect Dr is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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