$330,500
SOLD MAY 4, 2022

73 McGuffy Rd Somerset, NJ 08873

3 Beds
2 Baths
-- Sq Ft
0.44 Acres

Recently Sold

20% Above List Price

13 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Attic Fan
  • 1 Fireplace
  • Breakfast Bar

About This Home

As of February 2023

Centrally located on a large lot with nice size rooms is this 3 bedroom, 2 bath home with a 2-car garage and full basement. Hot water heater replaced in 2021. House is in need of repairs, including but not limited to, foundation issues and mold issues. Absolute as-is sale. Use caution when entering. Electric is on, the water is off, the house is winterized. ***Please present highest and best offer by 5 PM Monday 2.28.22. Seller reserves the right to reject all offers if they are not acceptable.***

Last Agent to Sell the Property

MARWAN EID

REAL PROPERTY MANAGEMENT ALL-STAR Listed on: 02/23/2022

Last Buyer's Agent

ASIM USMANI

EAST SKY REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1973

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.44 Acre Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2708-00421-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,052

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1973
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 73
  • Directions: Amwell to McGuffy
  • I D: 5131556
  • Modified: 2023-05-05
  • Number Images: 14
  • First Name: MARWAN
  • First Name3: ASIM
  • Last Name: EID
  • Last Name3: USMANI
  • Office Phone: 848-333-0209
  • Attribution Contact: 848-333-0209
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Non-Functional
  • Number of Fireplaces: 1
  • Appliances: Dishwasher
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 12x18
  • Living Room Level: First
  • Phone: 848-333-0209

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Attic Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Well

Lot Info

  • Lot Size: 107X178
  • Assessed Improvement Value: 124300
  • Assessed Land Value: 194100
  • Assessment: 318400
  • Easement: Unknown
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7052
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00421-0000-00006-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.215
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Feb 16, 2023
Sold by
307 W Main Street Bb Llc
Bought by
Vo Nam and Gian Thy
Seller's Agent
ASIM USMANI
EAST SKY REALTY LLC
Buyer's Agent
Fady Beshara
EXP REALTY, LLC
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Views
152
Current Estimated Value
$610,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,926
Avg. Annual Appreciation
4.84%
Original Mortgage
$378,000
Outstanding Balance
$368,333
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$242,593

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 21, 2022
Sold by
Conlon Christopher Scott
Bought by
307 W Main Street Bb Llc
Seller's Agent
MARWAN EID
REAL PROPERTY MANAGEMENT ALL-STAR
Buyer's Agent
ASIM USMANI
EAST SKY REALTY LLC
List Price
$275,000
Sold Price
$330,500
Premium/Discount to List
$55,500
20.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.33%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $540,000 --
Deed $330,500 Fortune Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $540,000 +2.9% --
02/01/2023 02/01/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $525,000 0.0% --
01/09/2023 01/09/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $525,000 +58.9% --
05/04/2022 05/04/22 Sold $330,500 +20.2% --
03/08/2022 03/08/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $275,000 -- --
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
2025 $8,201 $512,100 $319,100 $193,000
2024 $8,201 $451,100 $319,100 $132,000
2023 $7,790 $403,400 $279,100 $124,300
2022 $7,508 $368,400 $244,100 $124,300
2021 $6,480 $318,400 $194,100 $124,300
2020 $6,643 $293,400 $169,100 $124,300
2019 $6,294 $273,400 $149,100 $124,300
2018 $6,359 $273,400 $149,100 $124,300
2017 $6,148 $263,400 $139,100 $124,300
2016 $6,193 $263,400 $139,100 $124,300
2015 $5,590 $239,400 $115,100 $124,300
2014 $5,488 $238,400 $114,100 $124,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3765421

Garden State MLS

APN: 08-00421-0000-00006