NOT LISTED FOR SALE

81 Grove St Unit 83 Somerville, NJ 08876

Estimated Value: $508,000 - $624,526

-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $525,000

Est. 10% increase in value since last sale

Current estimated payment $4,056/month

14 Days on Market

About This Home

As of December 2022

This home is located at 81 Grove St Unit 83, Somerville, NJ 08876 since 07 October 2022 and is currently estimated at $578,132. This property was built in 1900. 81 Grove St Unit 83 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Last Agent to Sell the Property

Claudia Marrone

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 10/07/2022

KELLER WILLIAMS TOWNE SQUARE REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,029

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,029

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Somerset
  • Street Number Display: 81
  • I D: 5183674
  • Modified: 2023-12-17
  • Number Images: 18
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 57X140
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 16, 2022
Sold by
Balancia Christian
Bought by
Baran Joanna
Seller's Agent
Claudia Marrone
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Views
54
Current Estimated Value
$578,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,132
Avg. Annual Appreciation
4.02%
Original Mortgage
$393,750
Outstanding Balance
$382,641
Interest Rate
6.31%
Estimated Equity
$196,970

Purchase Details

Listed on
Jul 30, 2021
Closed on
Mar 31, 2022
Sold by
Orazio Falcone
Bought by
Balancia Christian and Workman Tyler
Seller's Agent
CLAUDIA KACZMAREK
WEICHERT REALTORS
Buyer's Agent
CLAUDIA KACZMAREK
WEICHERT REALTORS
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.63%

Purchase Details

Closed on
Jan 28, 2000
Sold by
Mcnealy Mary
Bought by
Falcone Orazio and Falcone Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.15%

Purchase Details

Closed on
Jan 29, 1997
Sold by
Stanisalo Paul
Bought by
Santana Parano Marco and Santana Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Baran Joanna $525,000 Chicago Title
Balancia Christian $375,000 Schnitzer David A
Falcone Orazio $155,000 --
Santana Parano Marco $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baran Joanna $393,750
Previous Owner Falcone Orazio $124,000
Previous Owner Santana Parano Marco $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $525,000 +5.2% --
10/21/2022 10/21/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $499,000 +33.1% --
04/01/2022 04/01/22 Sold $375,000 -2.6% --
11/03/2021 11/03/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $385,000 -- --
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
2024 $10,029 $253,700 $113,100 $140,600
2023 $9,798 $253,700 $113,100 $140,600
2022 $9,542 $253,700 $113,100 $140,600
2021 $9,481 $253,700 $113,100 $140,600
2020 $9,285 $253,700 $113,100 $140,600
2019 $9,222 $253,700 $113,100 $140,600
2018 $9,123 $253,700 $113,100 $140,600
2017 $8,935 $253,700 $113,100 $140,600
2016 $8,573 $253,700 $113,100 $140,600
2015 $8,458 $253,700 $113,100 $140,600
2014 $8,324 $253,700 $113,100 $140,600
Source: Public Records

Agents Affiliated with this Home

  • Claudia Marrone

    Seller's Agent in 2022

    Claudia Marrone

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 393-8143

    13 in this area

    67 Total Sales

    Claudia Marrone
    Section Image

  • C

    Seller's Agent in 2022

    CLAUDIA KACZMAREK

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3811687

Garden State MLS

APN: 18-00070-0000-00018

New Jersey Somerset County Somerville 08876

81 Grove St Unit 83, Somerville, NJ

This home is located at 81 Grove St Unit 83, Somerville, NJ 08876 since 07 October 2022 and is currently estimated at $578,132. This property was built in 1900. 81 Grove St Unit 83 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

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