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$950,000

Listing Price$950,000Est. Opening Bid

4beds

2baths

5,020sqft

23,522sqft lot

42 Margaret Dr, 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?

Pre-Foreclosure

For Sale

Off Market

Single Family

Home type

189.24

Price / sqft

2000

Year built

Home Details

Welcome to 42 Margaret Drive, a spacious four-bedroom, 2.5-bath Colonial situated on a desirable fenced corner lot in Somerset. The generous floor plan features hardwood floors, formal living and dining rooms, a private home office, and a dramatic two-story family room with oversized windows and a gas fireplace. The kitchen offers stainless-steel appliances, granite countertops, custom cabinetry, and an eat-in area with sliding doors leading to the paver patio and backyard.Upstairs, the primary suite includes a walk-in closet and private bath with a soaking tub and separate shower, along with three additional generously sized bedrooms and a main bath. The finished basement provides plenty of flexible space for entertaining, media areas, a home gym, bar, storage, and more. Additional features include NEWER ROOF mudroom/laundry room, lawn sprinkler system, dual-zone air conditioning, and an attached three-car garage. Conveniently located near shopping, major roadways, and everyday amenities, this home offers abundant space and plenty of potential to make it your own. ** Showings limited to 9/12-9/13 appointments and open houses **

Interior Details

Square Feet
  • 5020

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
  • 23522

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
  • N/A

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$14,614

$183,500

$462,000

--%

$645,500

2019

$14,629

$173,500

$462,000

--%

$635,500

2018

$14,432

$158,500

$462,000

--%

$620,500

2017

$13,733

$137,500

$450,900

--%

$588,400

2016

$13,833

$137,500

$450,900

--%

$588,400

2013

$13,326

$137,500

$450,900

--%

$588,400

2012

$12,611

$148,500

$450,900

--%

$599,400

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Average Home Price in 08873

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,075,000

-- Beds

-- Baths

4,301 Sqft

19,602 Lot (sqft)

Sold 09/12/2026

$950,000

4 Beds

2 Baths

5,020 Sqft

23,522 Lot (sqft)

Sold 09/09/2026

$1,440,785

-- Beds

-- Baths

4,426 Sqft

40,075 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
950,000
$
Down payment
190,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,700
$
HOA (Monthly)
0
$
PMI
0
$
$6,150
Your Payment
Total Monthly Payment:$6,150
Percent of Income:105%
Affordable:No

Pre-Foreclosure Details for 42 MARGARET DR

Property Debt

Foreclosure Contact Details