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$580,000

Listing Price

4beds

2baths

1,516sqft

10,799sqft lot

16 Lake Ave, Somerset, NJ 08873

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

432.29

Price / sqft

1955

Year built

Home Details

4 bedroom cape. Totally renovated. Gourmet kitchen with stainless steel top end appliances, quartz counter top, new cabinets, stainless steel sink. Pantry/mud room with built in microwave. Kitchen has open floor plan with sitting area and dining room with a view out into the back yard. Large windows let in tons of natural light. Private fenced in yard. 2nd level has full bath, large master bedroom with sitting area that can be used as a den or office. 2nd level also features a 2nd bedroom with walk in closet. Basement is partially finished with family room area for TV or study. Basement has laundry room, storage room and bilco door to backyard. HVAC 2022, roof 2021. Move in ready. This home has been lovingly cared for and maintained. Wood burning fireplace as is seller will make no repairs. No known issues. House is being sold as is. Washer is excluded. Convenient to major highways, Northeast corridor train line, NYC and Princeton bus, Rutgers University.

Interior Details

Square Feet
  • 1516

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 10799

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$8,425

$165,500

$202,900

--%

$368,400

2019

$8,075

$145,500

$202,900

--%

$348,400

2018

$7,456

$115,500

$202,900

--%

$318,400

2017

$7,485

$115,500

$202,900

--%

$318,400

2016

$7,549

$115,500

$202,900

--%

$318,400

2014

$7,386

$115,500

$202,900

--%

$318,400

2012

$6,762

$115,500

$202,900

--%

$318,400

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Average Home Price in 08873

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$550,000

-- Beds

-- Baths

1,354 Sqft

20,600 Lot (sqft)

Sold 10/27/2026

$690,333

-- Beds

-- Baths

1,676 Sqft

15,002 Lot (sqft)

Sold 10/27/2026

$696,117

-- Beds

-- Baths

1,712 Sqft

15,124 Lot (sqft)

Sold 10/13/2026

$580,000

4 Beds

2 Baths

1,516 Sqft

10,799 Lot (sqft)

Sold 09/29/2026

$626,940

-- Beds

-- Baths

1,676 Sqft

15,002 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
580,000
$
Down payment
116,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,480
$
HOA (Monthly)
0
$
PMI
0
$
$3,754
Your Payment
Total Monthly Payment:$3,754
Percent of Income:64%
Affordable:No

Details for 16 LAKE AVE

Property Debt

Foreclosure Contact Details