NOT LISTED FOR SALE

8 Margaret Dr Somerset, NJ 08873

Estimated Value: $879,804 - $955,000

-- Bed
-- Bath
3,274 Sq Ft
$277/Sq Ft Est. Value

About This Home

This home is located at 8 Margaret Dr, Somerset, NJ 08873 and is currently estimated at $905,951, approximately $276 per square foot. 8 Margaret Dr is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Smith Gary and Smith Shara D
Bought by
Whitaker Cornelius and Whitaker Sheree
Current Estimated Value
$905,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,955
Outstanding Balance
$632,245
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$273,706

Purchase Details

Closed on
Jun 26, 2013
Sold by
Ensel Rosalieve M and Engel Eric A
Bought by
Engel Eric A

Purchase Details

Closed on
May 9, 2000
Sold by
Us Home
Bought by
Pettiford Robert and Pettiford Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,500
Interest Rate
8.1%

Purchase Details

Closed on
Jul 8, 1999
Sold by
Us Home
Bought by
Smith Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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
Whitaker Cornelius $665,000 Chicago Title
Engel Eric A -- None Available
Pettiford Robert $357,275 --
Smith Gary $329,325 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Cornelius $652,955
Previous Owner Smith Gary $332,162
Previous Owner Smith Gary $416,150
Previous Owner Smith Gary $381,900
Previous Owner Smith Gary $383,699
Previous Owner Smith Gary $403,000
Previous Owner Pettiford Robert $321,500
Previous Owner Smith Gary $235,000
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 $13,900 $870,200 $295,100 $575,100
2024 $13,900 $764,600 $371,100 $393,500
2023 $13,110 $678,900 $286,000 $392,900
2022 $11,417 $560,200 $167,300 $392,900
2021 $12,408 $560,200 $167,300 $392,900
2020 $12,789 $564,900 $172,000 $392,900
2019 $12,785 $555,400 $162,500 $392,900
2018 $12,588 $541,200 $148,300 $392,900
2017 $12,165 $521,200 $128,300 $392,900
2016 $12,253 $521,200 $128,300 $392,900
2015 $12,296 $526,600 $128,300 $398,300
2014 $12,122 $526,600 $128,300 $398,300
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

8 Margaret Dr, Somerset, NJ

This home is located at 8 Margaret Dr, Somerset, NJ 08873 and is currently estimated at $905,951, approximately $276 per square foot. 8 Margaret Dr is a home located in Somerset County with nearby schools including Franklin High School, Cedar Hill Preparatory School, and New Road School of Somerset.

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