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437 East Main Street

437 East Main Street, Somerville, NJ 08876
Property in Somerset
Sold Jun 04, 2021
$355,000
$284,000 by Sprout Mortgage Llc
Mortgage Due Jun 01, 2051
Sold Apr 26, 2007
$290,000
$232,000 by Suntrust Mortgage Inc
Mortgage Due May 01, 2037
437 East Main Street has been categorized by the local assessors in Somerville, NJ as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The building has a total of 2 stories. In addition, 437 East Main Street has 1,828 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,030 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 6,798 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 437 East Main Street was last sold in May 20, 2021 for $355,000. According to our calculations, that's $194.20 per sqft. Prior to that sales transaction, the property was sold for $290,000 in Apr 20, 2007. Current property owners are expected to pay $10,354 in taxes per year. The property on 437 East Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $268,100. To break that down further, the land itself was valued at $100,500. While improvements to the property were assessed at a total of $167,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,798
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,828
  • Building Area: 1,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,828
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HIERL JAMES
  • Current Owner 2: MATARAZZO JOSEPH
  • Previous Owner : CAGNEY WILLIAM M
  • Owner Before Previous Owner: ORMAND CHRISTOPHER D
  • Owner Before Previous Owner 2: ESTATE OF MADELINE ORMAND
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Somerville Borough School District
  • Census Tract: 050300

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 18
  • Parcel: 18 00010-0000-00017
  • Block: 10
  • Lot: 17
  • Municipality: SOMERVILLE BORO
  • Latitude: 40.5652
  • Longitude: -74.5927

    Address

  • Full Address: 437 E Main St
  • Address - House Number: 437
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Somerville
  • Carrier Code: C009
  • 4-Digit Zip Code: 3111
  • Zip Code: 08876

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,354

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 479,083
  • High Value: 556,695
  • Low Value: 401,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Loan Amount: $284,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $356,137
  • Market Land Value: $133,502
  • Market Improvement Value: $222,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,100
  • Assessed Land Value: $100,500
  • Assessed Improvements Value: $167,600

    Sales

  • Current Sale Contract Date: May 20, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11837830816
  • Current Sale Price: $355,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021035041
  • Previous Sale Recording Date: Apr 26, 2007
  • Previous Sale Contract Date: Apr 20, 2007
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $284,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 26, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $232,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2037

About Somerville



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Frequently Asked Questions

What neighborhood is 437 East Main Street located in?
The 437 East Main Street is a located in the neighborhood of Somerset in Somerville, Somerville.
What is the average sales price for listings in 437 East Main Street?
The average sales price for units in 437 East Main Street is $0 currently.

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