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Sold for $505,000
  • $505,000

    5101 Chesterwood Way, Somerset, NJ 08873

    2beds
    --sqft
    Condominium
    Built in 2005
    -- sqft lot
    $531,800 Zestimate®
    $--/sqft
    $2,880 Estimated rent

    Home value

    $531,800

    $495,000 - $569,000

    $2,880/mo

    Zestimate® history
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    What's special

    Storage roomPrivate covered balconyRecessed lightsNewer carpetingQuiet cul-de-sacTile flooringHardwood flooring
    Beautiful Emerald Model. One of the best looking models and location at Somerset Run. This highly desirable, gated, 55+ community of Somerset Run where the condominiums are designed with convenience, security & luxury in mind. The floor plan features 2 bedrooms, 2 full baths, a living room, dining room, eat-in-kitchen, a den/office and a private covered balcony. The building is on a quiet cul-de-sac. This first floor unit faces the wooded side of the building with hardwood flooring throughout the living space & newer carpeting in the bedrooms & den. The kitchen features 42 maple raised panel cabinets, Granite countertop, pantry, tile flooring & newer appliances. The laundry room is conveniently located off the kitchen with cabinets and a slop sink. The primary ensuite bedroom offers a box tray ceiling & a generous oversized closet. Newly updated primary bath with $20,000 in upgrades. Interior features include recessed lights, crown & chair rail molding, 9' ceilings, pre-wired fan boxes in all room ceilings. 8x5 storage room on the same floor & another one off the balcony. Unit includes two parking spaces in a secure underground garage. All of this and resort-style amenities, including a 25,000 square foot clubhouse, indoor/outdoor swimming pools, locker rooms with showers and sauna, tennis/pickleball courts, bocce, exercise room, 24-hour gated entry, a full-time Lifestyle Coordinator and management on-site. It's not just a place to live. It's a way to live.

    Zillow last checked:

    Listing updated:

    Listed by:

    HELEN FARNESKI-SEIWELL,

    COLDWELL BANKER REALTY 908-874-8421

    Source: All Jersey MLS,MLS#: 2503586RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: 1st Floor, Two Sinks, Full Bath, Walk-In Closet(s)
    • Level: First
    Dining room
    • Features: Formal Dining Room
    Kitchen
    • Features: Granite/Corian Countertops, Eat-in Kitchen
    Basement
    • Area: 0
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Water Heater, Gas Water Heater
    Features
    • 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Bath Main, Den, Storage, Dining Room, None
    • Flooring: Carpet, Ceramic Tile, Wood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking, Asphalt, Garage, See Remarks, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Oversized Vehicles Restricted
    Accessibility
    • Accessibility features: Stall Shower
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lawn Sprinklers, Curbs, Sidewalk
    • Pool features: Outdoor Pool, Indoor
    Lot
    • Features: Wooded
    Details
    • Parcel number: 2708005070029000010001

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Development Home, End Unit
    • Property subtype: Condominium
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2005

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Features: Bocce, Clubhouse, Outdoor Pool, Game Room, Gated, Indoor Pool, Shuffle Board, Tennis Court(s), Curbs, Sidewalks
    • Security: Security Gate
    • Senior community: Yes
    HOA
    • Services included: Trash, Maintenance Grounds
    • Additional fee info: Maintenance Expense: $682 Monthly
    Location
    • Region: Somerset

    Financial & listing details

    • Tax assessed value: $479,800
    • Annual tax amount: $8,121
    • Date on market: 9/12/2024
    • Ownership: Condominium

    Price history

    DateEventPrice
    12/10/2024Sold$505,000+2%
    Source: All Jersey MLS #2503586R Report a problem
    9/25/2024Contingent$495,000
    Source: All Jersey MLS #2503586R Report a problem
    9/25/2024Pending sale$495,000
    Source: GSMLS #3923795 Report a problem
    9/12/2024Listed for sale$495,000+36.7%
    Source: GSMLS #3923795 Report a problem
    12/1/2005Sold$362,125
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,387 +11.3%$479,800 +11.3%
    2024$7,536 -4.3%$431,100 +2.5%
    2023$7,872 +2.6%$420,600 +11.1%
    2022$7,671 $378,600 +5.9%
    2021-- $357,600 +1.5%
    2020$7,499 +10.7%$352,400 +4.7%
    2019$6,771 $336,600 +3.2%
    2018$6,771 -11.3%$326,100 -2.7%
    2017$7,633 +5.8%$335,300
    2016$7,213 +3.1%$335,300 +4.9%
    2015$6,993 +1.8%$319,600 +5.2%
    2014$6,869 -0.2%$303,800
    2013$6,883 -0.9%$303,800 -3.3%
    2012$6,945 +3.3%$314,300 -4.8%
    2011$6,726 +4.7%$330,100 -1.6%
    2010$6,422 +4.8%$335,300 -3%
    2009$6,126 $345,800 +10.1%
    2008-- $314,000
    2007-- $314,000 +318.7%
    2006-- $75,000
    Find assessor info on the county website

    Neighborhood: Franklin Center

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $531,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $531,800