78 Chelsea Way Bridgewater, NJ 08807
Estimated Value: $424,311 - $497,000
            
                2
                Beds
            
            
            
                2
                Baths
            
            
            
                1,440
                Sq Ft
            
            
                
                    $311/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 78 Chelsea Way, Bridgewater, NJ 08807 and is currently estimated at $447,328, approximately $310 per square foot. 78 Chelsea Way is a home located in Somerset County with nearby schools including Adamsville Primary School, Bridgewater-Raritan Middle School, and Hillside Intermediate School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 19, 2005
            
        
                Sold by
            
            
                Lee Thomas
            
        
                Bought by
            
            
                Patel Asish B and Patel Neeru A
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $210,000
            
        
                Outstanding Balance
            
            
                $101,044
            
        
                Interest Rate
            
            
                4.75%
            
        
                Mortgage Type
            
            
                Adjustable Rate Mortgage/ARM
            
        
                Estimated Equity
            
            
                $346,284
            
        Purchase Details
                Closed on
            
            
                Dec 19, 1994
            
        
                Sold by
            
            
                Olivetti Steven
            
        
                Bought by
            
            
                Lee Thomas and Lee Suzanne
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $101,000
            
        
                Interest Rate
            
            
                9.19%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Patel Asish B | $284,000 | -- | |
| Patel Asish B | $284,000 | None Available | |
| Lee Thomas | $126,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Patel Asish B | $210,000 | |
| Closed | Patel Asish B | $210,000 | |
| Previous Owner | Lee Thomas | $101,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $6,532 | $337,000 | $95,000 | $242,000 | 
| 2024 | $6,532 | $331,400 | $95,000 | $236,400 | 
| 2023 | $5,999 | $298,900 | $95,000 | $203,900 | 
| 2022 | $5,651 | $270,900 | $95,000 | $175,900 | 
| 2021 | $5,347 | $250,800 | $85,000 | $165,800 | 
| 2020 | $5,077 | $238,600 | $75,000 | $163,600 | 
| 2019 | $5,054 | $235,200 | $75,000 | $160,200 | 
| 2018 | $4,970 | $231,800 | $75,000 | $156,800 | 
| 2017 | $5,142 | $239,600 | $85,000 | $154,600 | 
| 2016 | $4,843 | $229,000 | $75,000 | $154,000 | 
| 2015 | $4,780 | $226,200 | $75,000 | $151,200 | 
| 2014 | $4,530 | $211,200 | $75,000 | $136,200 | 
                Source: Public Records
                    
            
        Map
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