NOT LISTED FOR SALE

708 Somerset St Watchung, NJ 07069

Estimated Value: $2,057,000 - $2,095,823

Studio
-- Bath
5,340 Sq Ft
$389/Sq Ft Est. Value

About This Home

This home is located at 708 Somerset St, Watchung, NJ 07069 and is currently estimated at $2,076,412, approximately $388 per square foot. 708 Somerset St is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Grace B Enterprise Llc
Bought by
708Somerset Llc
Current Estimated Value
$2,076,412

Purchase Details

Closed on
Jul 28, 2015
Sold by
Blue Ridge Properties Llc
Bought by
Grace B Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 1997
Sold by
Y & Y Realty Co
Bought by
Blue Ridge Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
708Somerset Llc $2,050,000 Hudson One Title
708Somerset Llc $2,050,000 Hudson One Title
Grace B Enterprises Llc $2,166,000 Multiple
Blue Ridge Prop $845,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grace B Enterprises Llc $1,350,000
Previous Owner Blue Ridge Prop $525,000
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 $22,877 $1,225,000 $428,000 $797,000
2024 $22,877 $1,145,000 $428,000 $717,000
2023 $21,961 $1,076,000 $399,000 $677,000
2022 $21,997 $1,047,000 $390,000 $657,000
2021 $21,868 $1,019,000 $379,000 $640,000
2020 $21,684 $1,019,000 $379,000 $640,000
2019 $21,061 $1,015,000 $375,000 $640,000
2018 $19,990 $1,004,000 $371,000 $633,000
2017 $19,592 $990,000 $363,000 $627,000
2016 $19,028 $910,000 $318,000 $592,000
2015 $13,979 $660,000 $179,600 $480,400
2014 $14,204 $678,300 $186,900 $491,400
Source: Public Records

Map

New Jersey Somerset County Watchung 07069

708 Somerset St, Watchung, NJ

Not Listed for Sale

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