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Somerset 08558
59 Elm Drive
$839,777
↓ $10K (1.2%)
● House - For Sale

59 Elm Drive

Montgomery Twp., NJ 08558
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$5,755
Est. Monthly

About This Property

Handyman/Investor Special! Incredible Opportunity to Add Value! ARV $1,300,000! Welcome to 59 Elm Dr, Skillman NJ, offering an exceptional opportunity to create your dream home or add significant value in a highly desirable area. Situated on an impressive 2-acre lot, this property offers a rare amount of land and privacy for the neighborhood. The home features a 4-bedroom, 2.5-bath layout ready for your vision, updates, and personal touches, with plenty of potential to customize the layout and finishes to your liking. Outside, the expansive lot provides endless possibilities for entertaining, recreation, gardening, or future improvements. Located in the highly sought-after Montgomery Township with access to top-rated Montgomery schools, this property combines space, privacy, and convenience. The location also provides convenient access to major highways and a manageable commute to New York City and surrounding employment centers. The property is being sold as-is. Whether you're an investor, contractor, or buyer looking to create your ideal home, this property offers outstanding potential. Opportunities like this don't come along often. Schedule your private showing today!
Unit Size
-
Days on Market
-
Land Size
2.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,631
HOA Dues
-
Year Built
1992

Listed By

Michael A Fingerman
HomeSmart First Advantage

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Last updated: 25 days ago (GSMLS #4053045)

Price History

Date / Event Date Event Price
Oct 7, 2026 Price Decreased $839,777
↓ $10K (1.2%)
Price Decreased
Sep 16, 2026 Listed by HOMESMART FIRST ADVANTAGE REALTY $849,777
Listed by HOMESMART FIRST ADVANTAGE REALTY

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: See Remarks
Rooms: 10
Has Fireplace
Fireplace Features: See Remarks
Fireplaces: 1
Basement: Full
Exterior Details
Architectural Style: Detached
Year Built: 1992
Construction Materials: See Remarks
Lot Size Area: 90604.8
Lot Size Units: Square Feet
Lot Size Acres: 2.08
Lot Size Square Feet: 90604.8
Water Source: Public
Financial Details
Tax Assessed Value: $560,900
Tax Annual Amount: $19,569
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard - Electric
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,574
  • Total Building Area: 2,967
  • Building Area: 2,967
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,967
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002079
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Montgomery Township School District
  • Census Tract: 054202

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 31
  • Account Number: 00006095
  • District: 13
  • Parcel: 13 15001-0000-00064
  • Block: 15001
  • Lot: 64
  • Municipality: MONTGOMERY TWP
  • Latitude: 40.433
  • Longitude: -74.6951

    Address

  • Full Address: 59 Elm Dr
  • Address - House Number: 59
  • Address - Street Name: Elm
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Skillman
  • Carrier Code: R093
  • 4-Digit Zip Code: 1608
  • Zip Code: 08558

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,919,961

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 934,710
  • High Value: 1,063,090
  • Low Value: 806,329

    Market Valuation

  • Market Total Value: $774,938
  • Market Land Value: $401,078
  • Market Improvement Value: $373,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560,900
  • Assessed Land Value: $290,300
  • Assessed Improvements Value: $270,600

    Sales

  • Current Sale Contract Date: Dec 27, 1995
  • Current Sale Recording Date: Jan 03, 1996
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 22, 1994
  • Previous Sale Contract Date: Jun 10, 1994
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Somerset


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 242 Hollow Road, SKILLMAN, NJ, 08558

$5,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,500 ft²
242 Hollow Road, SKILLMAN, NJ, 08558 Listing by Nancy Castelino


Frequently Asked Questions

When was property at 59 Elm Drive built and last sold?
The property at 59 Elm Drive was built in 1992 and last sold on Dec 27, 1995 for $342,500.
How much is this home worth?
The estimated value of the home located at 59 Elm Drive is $848,175.
What are some comparable homes to 59 Elm Drive?
There are currently no comparable homes to 59 Elm Drive.