162 Somerset Road

162 Somerset Road in Norwood, NJ was first built in 1936 and is 88 years old. This has been categorized as a residential property type. There are a total of 2 floors. 162 Somerset Road has 1,658 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 700. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. The property was last sold in Oct 2, 2020 for $568,000. That's $342.58 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2020 for $568,000. 162 Somerset Road was last assessed in 2023. The total value of the property was assessed at $364,400. Specifically, the land the property is located on was valued at $229,100. While improvements on the property were assessed at a total of $135,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,416. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.