NOT LISTED FOR SALE

88 Somerset St Unit 1 Somerville, NJ 08876

Estimated Value: $321,000 - $553,000

3 Beds
1 Bath
1,792 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 88 Somerset St Unit 1, Somerville, NJ 08876 and is currently estimated at $463,337, approximately $258 per square foot. 88 Somerset St Unit 1 is a home located in Somerset County with nearby schools including Van Derveer School, Somerville Middle School, and Somerville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2016
Sold by
Ramapo Partners Llc
Bought by
88 Somerset Llc
Current Estimated Value
$463,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$807,981
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
-$344,644

Purchase Details

Closed on
Sep 10, 2014
Sold by
Pcireo 12 Llc
Bought by
Ramapo Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2005
Sold by
Werremeyer Daniel M
Bought by
Holley Hazel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.05%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Soto Jose
Bought by
Werremeyer Daniel and Werremeyer Erica

Purchase Details

Closed on
Jan 1, 1939
Sold by
Dushanek Miriam
Bought by
Soto Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,925
Interest Rate
6.64%
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
88 Somerset Llc $183,000 None Available
Ramapo Partners Llc $135,000 None Available
Holley Hazel $285,000 --
Werremeyer Daniel $204,200 --
Soto Jose $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 88 Somerset Llc $170,000
Open 88 Somerset Llc $1,000,000
Previous Owner Ramapo Partners Llc $1,000,000
Previous Owner Holley Hazel $228,000
Previous Owner Soto Jose $105,925
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
2024 $9,400 $237,800 $108,600 $129,200
2023 $9,184 $237,800 $108,600 $129,200
2022 $8,944 $237,800 $108,600 $129,200
2021 $8,887 $237,800 $108,600 $129,200
2020 $8,703 $237,800 $108,600 $129,200
2019 $8,644 $237,800 $108,600 $129,200
2018 $8,551 $237,800 $108,600 $129,200
2017 $8,375 $237,800 $108,600 $129,200
2016 $8,035 $237,800 $108,600 $129,200
2015 $7,928 $237,800 $108,600 $129,200
2014 $7,802 $237,800 $108,600 $129,200
Source: Public Records

Map

New Jersey Somerset County Somerville 08876

88 Somerset St Unit 1, Somerville, NJ

This home is located at 88 Somerset St Unit 1, Somerville, NJ 08876 and is currently estimated at $463,337, approximately $258 per square foot. 88 Somerset St Unit 1 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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