NOT LISTED FOR SALE

7 S Grosser Place Somerset, NJ 08873

Estimated Value: $753,000 - $929,000

4 Beds
2.5 Baths
-- Sq Ft
0.98 Acres

Last Sold May 07, 2019

Last sale price $396,300

Est. 107% increase in value since last sale

Current estimated payment $5,458/month

87 Days on Market

Highlights

  • 0.98 Acre Lot
  • Formal Dining Room
  • Eat-In Kitchen
  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

PRICED REDUCTION!!! Corporate owned. 4 bdrm colonial with a two car garage on a cul-de-sac street.Eat-in kitchen. Family rm with fireplace. Needs some work. "AS IS" sale. The purchase is responsible for the c.o. at their cost. The property will be part of an upcoming event on Xome.Dates and times will be listed. 5% buyers premium.

Last Agent to Sell the Property

Richard L Stein

BHHS FOX & ROACH Listed on: 12/31/2018

BHHS FOX & ROACH

Last Buyer's Agent

Niren Sakaria

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,321

Lot Details

  • 0.98 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Family Room with Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2708-00083-0000-00017-0036-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,321

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Detached
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Standing
  • County Name: Somerset
  • Street Number Display: 7
  • Directions: Amwell Rd to S. Grosser Place
  • I D: 4860085
  • Modified: 2021-09-23
  • Number Images: 1
  • First Name: RICHARD
  • First Name3: NIREN
  • Last Name: STEIN
  • Last Name3: SAKARIA
  • Office Phone: 609-799-2022
  • Office Phone3: 973-970-8292
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator, CookGas, Dishwasher
  • Number Rooms: 7
  • Bedrooms: 4
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Dining Area: Formal Dining Room
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Phone: 609-799-2022

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: .98 ACRES
  • Assessed Improvement Value: 320700
  • Assessed Land Value: 181600
  • Assessment: 502300
  • Easement: Unknown
  • Lot Identifier: 17.36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.98

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11321
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00083-0000-00017-0036-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2019
Sold by
Patel Vijay
Bought by
Patel Rikkin
Current Estimated Value
$818,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2018
Closed on
Mar 29, 2019
Sold by
U S Bank National Association
Bought by
Patel Vijay
Seller's Agent
Richard L Stein
BHHS FOX & ROACH
Buyer's Agent
Niren Sakaria
RE/MAX SELECT
List Price
$530,000
Sold Price
$396,300
Premium/Discount to List
-$133,700
-25.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Lewis Wayne and Lewis Jacqueline
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 11, 2000
Sold by
Middlebush Village Estates
Bought by
Lewis Wayne and Lewis Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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
Patel Rikkin -- Old Republic Title
Patel Vijay $415,800 None Available
U S Bank National Association -- None Available
Lewis Wayne $259,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rikkin $393,765
Closed Patel Rikkin $400,000
Previous Owner Lewis Wayne $558,000
Previous Owner Lewis Wayne $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $396,300 -25.2% --
03/28/2019 03/28/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $530,000 -- --
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 $12,064 $663,600 $342,600 $321,000
2023 $11,824 $612,300 $291,600 $320,700
2022 $11,460 $562,300 $241,600 $320,700
2021 $11,347 $512,300 $191,600 $320,700
2020 $11,372 $502,300 $181,600 $320,700
2019 $11,563 $502,300 $181,600 $320,700
2018 $11,684 $502,300 $181,600 $320,700
2017 $11,724 $502,300 $181,600 $320,700
2016 $11,809 $502,300 $181,600 $320,700
2015 $11,729 $502,300 $181,600 $320,700
2014 $12,355 $536,700 $181,600 $355,100
Source: Public Records

Agents Affiliated with this Home

  • Richard L Stein

    Seller's Agent in 2019

    Richard L Stein

    BHHS FOX & ROACH

    (609) 213-7250

    22 Total Sales

    Richard L Stein
    Section Image
  • Niren Sakaria

    Buyer's Agent in 2019

    Niren Sakaria

    RE/MAX

    (973) 970-8292

    50 Total Sales

    Niren Sakaria
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3522646

Garden State MLS

APN: 08-00083-0000-00017-36

New Jersey Somerset County Somerset 08873

7 S Grosser Place, Somerset, NJ

This home is located at 7 S Grosser Place, Somerset, NJ 08873 since 31 December 2018 and is currently estimated at $818,776. 7 S Grosser Place is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and Rutgers Preparatory School.

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