NOT LISTED FOR SALE

72 N Bridge St Somerville, NJ 08876

Estimated Value: $549,000 - $715,000

Studio
-- Bath
2,500 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $245,000 $98 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,395/month

37 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • West Facing Home
  • No HOA
  • Asbestos
  • 4-minute walk to Exchange Field

About This Home

As of April 2012

Central location. Walk to downtown/train. P.O.R. zone,grandfathered for multi-residential. First floor unit features 12'ceilings with additional rear enclosed porch. washer/dryer hookup in full basement with room for storage. 3to4 off street parking places. Shared driveway. Cozy second floor unit w/large master bedroom and plenty of sunlight.Building sets up well for owner occupied or first floor office and second floor apartment.

Last Agent to Sell the Property

RALPH PASCALE

(732) 469-1515 rpascale@glorianilson.com BHHS Fox & Roach- Martinsville Listed on: 01/10/2012

BHHS Fox & Roach- Martinsville

Last Buyer's Agent

Linda Oswald

(908) 735-8140 kcahill@weichertrealtors.net Weichert Realtors - Clinton License #RS250029

Weichert Realtors - Clinton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,261

Year Built

  • Built in 1962

Lot Details

  • 4,216 Sq Ft Lot
  • Lot Dimensions are 31x136
  • West Facing Home
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 2,500 Sq Ft Home
  • Wood Flooring
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Somerville Middle School
  • Somerville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $8,261

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 18-00070-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,261

Year Built

Built in 1962

Lot Details

4,216 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Second Floor Chandelier
  • New Construction: No
  • Storage: Basement
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 108.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School: SOMERVILLE
  • Middle Or Junior School: SOMERVILLE

Lot Info

  • Improvement Assessed Value: 108700.00
  • Land Assessed Value: 42100.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 31X136
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4216.00
  • Property Condition: Good
  • Zoning: P.O.R

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 24000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3265945
  • Tax Annual Amount: 8261.00
  • Assessor Parcel Number: 18-00070-00005
  • Tax Lot: 00005
  • Tax Year: 2011

MLS Schools

  • School District Name: SOMERVILLE BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 27, 2012
Sold by
Pascle Ralph P and The Estate Of Claudia C Pascal
Bought by
Schapley Thomas and Schapley Ellen
Seller's Agent
RALPH PASCALE
BHHS Fox & Roach- Martinsville
Buyer's Agent
Linda Oswald
Weichert Realtors - Clinton
List Price
$270,000
Sold Price
$245,000
Premium/Discount to List
-$25,000
-9.26%
Current Estimated Value
$637,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,535
Avg. Annual Appreciation
7.12%
Original Mortgage
$183,750
Outstanding Balance
$127,311
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$510,224

Purchase Details

Closed on
Nov 1, 1991
Sold by
Pascale Gerard A and Pascale Claudia C
Bought by
Pascale Gerard A and Pascale Claudia C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schapley Thomas $245,000 None Available
Pascale Ralph P -- None Available
Pascale Gerard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schapley Thomas $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $245,000 -9.3% $98 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $270,000 -- $108 / Sq Ft
Source: Bright MLS

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 $12,503 $316,300 $104,700 $211,600
2024 $12,503 $316,300 $104,700 $211,600
2023 $12,216 $316,300 $104,700 $211,600
2022 $11,896 $316,300 $104,700 $211,600
2021 $11,498 $316,300 $104,700 $211,600
2020 $11,577 $316,300 $104,700 $211,600
2019 $11,498 $316,300 $104,700 $211,600
2018 $11,374 $316,300 $104,700 $211,600
2017 $11,140 $316,300 $104,700 $211,600
2016 $10,688 $316,300 $104,700 $211,600
2015 $10,545 $316,300 $104,700 $211,600
2014 $10,378 $316,300 $104,700 $211,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003809766

Bright MLS

APN: 18-00070-0000-00005

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