7 Prospect St Far Hills, NJ 07931
Estimated Value: $533,000 - $884,000
--
Bed
--
Bath
1,648
Sq Ft
$415/Sq Ft
Est. Value
About This Home
This home is located at 7 Prospect St, Far Hills, NJ 07931 and is currently estimated at $683,121, approximately $414 per square foot. 7 Prospect St is a home located in Somerset County with nearby schools including Bernardsville Middle School, Bernards High School, and Far Hills Country Day School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2001
Sold by
Koenig Fred
Bought by
Nicosia Michael and Nicosia Patricia
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
$275,000
Outstanding Balance
$107,351
Interest Rate
7.16%
Estimated Equity
$575,770
Purchase Details
Closed on
Oct 17, 1997
Sold by
Koenig Ruth
Bought by
Koenig Fred and Koenig Lena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.46%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nicosia Michael | $354,900 | -- | |
| Koenig Fred | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nicosia Michael | $275,000 | |
| Previous Owner | Koenig Fred | $55,000 |
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 | $7,533 | $641,500 | $260,700 | $380,800 |
| 2024 | $7,533 | $589,000 | $231,800 | $357,200 |
| 2023 | $7,247 | $549,400 | $210,600 | $338,800 |
| 2022 | $7,070 | $532,800 | $204,500 | $328,300 |
| 2021 | $6,940 | $516,000 | $195,600 | $320,400 |
| 2020 | $6,898 | $508,300 | $183,800 | $324,500 |
| 2019 | $6,811 | $501,900 | $173,400 | $328,500 |
| 2018 | $6,627 | $493,100 | $170,000 | $323,100 |
| 2017 | $6,349 | $485,400 | $155,900 | $329,500 |
| 2016 | $6,218 | $478,300 | $150,000 | $328,300 |
| 2015 | $6,142 | $472,800 | $148,500 | $324,300 |
| 2014 | $5,817 | $446,400 | $147,000 | $299,400 |
Source: Public Records
Map
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