NOT LISTED FOR SALE

83 E Somerset St Raritan, NJ 08869

Estimated Value: $486,000 - $510,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $410,000

Est. 21% increase in value since last sale

Current estimated payment $3,423/month

78 Days on Market

About This Home

As of March 2022

This home is located at 83 E Somerset St, Raritan, NJ 08869 since 10 November 2021 and is currently estimated at $497,775. This property was built in 1939. 83 E Somerset St is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Agent to Sell the Property

Christina Duncan

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 11/10/2021

EXP REALTY, LLC

Last Buyer's Agent

MARGARET COOK

BHHS FOX & ROACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,994

Year Built

  • Built in 1939

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,994

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Somerset
  • Street Number Display: 83
  • I D: 5114200
  • Modified: 2023-03-15
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 42X160
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Mar 7, 2022
Sold by
Cameron Johnson
Bought by
Spencer Allison and Mendel Zachary
Seller's Agent
Christina Duncan
EXP REALTY, LLC
Buyer's Agent
MARGARET COOK
BHHS FOX & ROACH
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$497,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,775
Avg. Annual Appreciation
4.86%
Original Mortgage
$369,000
Outstanding Balance
$347,272
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$133,664

Purchase Details

Listed on
Jul 1, 2019
Closed on
Oct 22, 2019
Sold by
Angelone Salvatore and Angelone Mila
Bought by
Johnson Cameron
Seller's Agent
Russell Williams
BHHS FOX & ROACH
Buyer's Agent
Christina Duncan
EXP REALTY, LLC
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%
Original Mortgage
$275,250
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Spencer Allison $410,000 Chicago Title
Johnson Cameron $325,000 Simplicity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Allison $369,000
Previous Owner Johnson Cameron $275,250
Previous Owner Angelone Salvatore $171,000
Previous Owner Angelone Salvatore $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $410,000 -3.5% --
01/27/2022 01/27/22 Pending -- -- --
11/10/2021 11/10/21 For Sale $425,000 +30.8% --
09/03/2019 09/03/19 Sold $325,000 -1.5% --
07/18/2019 07/18/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $330,000 -- --
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 $7,994 $267,700 $146,300 $121,400
2023 $7,621 $267,700 $146,300 $121,400
2022 $7,405 $267,700 $146,300 $121,400
2021 $6,960 $267,700 $146,300 $121,400
2020 $6,850 $267,700 $146,300 $121,400
2019 $6,826 $267,700 $146,300 $121,400
2018 $6,561 $267,700 $146,300 $121,400
2017 $6,387 $267,700 $146,300 $121,400
2016 $6,264 $267,700 $146,300 $121,400
2015 $5,999 $267,700 $146,300 $121,400
2014 $6,018 $267,700 $146,300 $121,400
Source: Public Records

Agents Affiliated with this Home

  • Christina Duncan

    Seller's Agent in 2022

    Christina Duncan

    EXP REALTY, LLC

    (908) 766-0085

    5 in this area

    237 Total Sales

    Christina Duncan
    Section Image

  • M

    Buyer's Agent in 2022

    MARGARET COOK

    BHHS FOX & ROACH

  • Russell Williams

    Seller's Agent in 2019

    Russell Williams

    BHHS FOX & ROACH

    (908) 279-5440

    1 in this area

    153 Total Sales

    Russell Williams
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3751377

Garden State MLS

APN: 16-00100-0000-00024

New Jersey Somerset County Raritan 08869

83 E Somerset St, Raritan, NJ

This home is located at 83 E Somerset St, Raritan, NJ 08869 since 10 November 2021 and is currently estimated at $497,775. This property was built in 1939. 83 E Somerset St is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

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