8 Somerset Ave Chatham, NJ 07928
Estimated Value: $1,210,000 - $1,589,000
--
Bed
--
Bath
2,057
Sq Ft
$663/Sq Ft
Est. Value
About This Home
This home is located at 8 Somerset Ave, Chatham, NJ 07928 and is currently estimated at $1,363,198, approximately $662 per square foot. 8 Somerset Ave is a home located in Morris County with nearby schools including Chatham High School, St. Patrick School, and ECLC of New Jersey.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 10, 2013
Sold by
Kwasnik Thaddeus D and Silverstein Theresa Kwasnik
Bought by
Cooper Russell John and Cooper Jennifer Thoren
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
$356,250
Outstanding Balance
$247,577
Interest Rate
2.98%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,115,621
Purchase Details
Closed on
Jan 23, 2013
Sold by
Kwasnik Frank and Kwasnik Josephine
Bought by
Kwasnik Thaddeus D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 1996
Sold by
Fraser Donald B and Fraser Penelope L
Bought by
Kwasnik Frank and Kwasnik Josephine
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cooper Russell John | $712,500 | Chicago Title Insurance Co | |
| Kwasnik Thaddeus D | -- | None Available | |
| Kwasnik Frank | $345,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cooper Russell John | $356,250 | |
| Closed | Kwasnik Thaddeus D | $52,500 |
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 | $17,430 | $1,076,600 | $746,800 | $329,800 |
| 2024 | $16,730 | $1,076,600 | $746,800 | $329,800 |
| 2023 | $16,730 | $1,076,600 | $746,800 | $329,800 |
| 2022 | $15,767 | $737,800 | $550,200 | $187,600 |
| 2021 | $15,767 | $737,800 | $550,200 | $187,600 |
| 2020 | $15,634 | $737,800 | $550,200 | $187,600 |
| 2019 | $15,523 | $737,800 | $550,200 | $187,600 |
| 2018 | $15,088 | $737,800 | $550,200 | $187,600 |
| 2017 | $14,633 | $736,800 | $550,200 | $186,600 |
| 2016 | $13,550 | $700,600 | $550,200 | $150,400 |
| 2015 | $13,388 | $700,600 | $550,200 | $150,400 |
| 2014 | $13,290 | $700,600 | $550,200 | $150,400 |
Source: Public Records
Map
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