NOT LISTED FOR SALE

776 Locust St New Milford, NJ 07646

Estimated Value: $525,000 - $576,000

-- Bed
-- Bath
1,248 Sq Ft
$445/Sq Ft Est. Value

About This Home

This home is located at 776 Locust St, New Milford, NJ 07646 and is currently estimated at $555,145, approximately $444 per square foot. 776 Locust St is a home located in Bergen County with nearby schools including New Milford High School, Teaneck Community Charter School, and Englewood on the Palisades Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2012
Sold by
Belarmino Policarpio and Belarmino Bobby C
Bought by
Mahayage Somachand and Mahayage Ramani
Current Estimated Value
$555,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,012,042
Outstanding Balance
$6,440,877
Interest Rate
3.52%
Mortgage Type
FHA
Estimated Equity
-$5,879,827

Purchase Details

Closed on
Oct 26, 2000
Sold by
Grote Edwin R
Bought by
Belamino Pollicarpio and Belamino Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
7.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mahayage Somachand $269,000 --
Belamino Pollicarpio $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahayage Somachandra $90,000
Open Mahayage Somachand $9,012,042
Previous Owner Belarmino Policarpio $153,000
Previous Owner Belamino Pollicarpio $171,500
Source: Public Records

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 $10,342 $497,200 $370,000 $127,200
2024 $10,034 $256,300 $145,000 $111,300
2023 $9,542 $256,300 $145,000 $111,300
2022 $9,542 $256,300 $145,000 $111,300
2021 $9,350 $256,300 $145,000 $111,300
2020 $9,240 $256,300 $145,000 $111,300
2019 $9,081 $256,300 $145,000 $111,300
2018 $8,842 $256,300 $145,000 $111,300
2017 $8,663 $256,300 $145,000 $111,300
2016 $8,514 $256,300 $145,000 $111,300
2015 $8,343 $256,300 $145,000 $111,300
2014 $8,094 $256,300 $145,000 $111,300
Source: Public Records

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