NOT LISTED FOR SALE

1 Spring St Unit 1101 New Brunswick, NJ 08901

Estimated Value: $466,972 - $508,000

2 Beds
2 Baths
1,236 Sq Ft
2006 Built

Last Sold January 05, 2021

Last sale price $375,000 $303 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,258/month

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Indoor Pool
  • Property is near public transit
  • 3-minute walk to Monument Square Park

About This Home

As of April 2023

From the moment you enter the high rise condo, you are surrounded by elegance & style with a designer accessorized interior to reflect the timeless definition of style & sophistication. State of the art high-rise condo is artfully appointed with all the comforts of modern living. Updated unit with dramatic views of the sky from all rooms. Gourmet granite/stainless steel kitchen. Bosch washer, Bosch dryer, stainless steel Frigidaire refrigerator with filtered water and ice dispensers, and stainless steel GE microwave/vent, all newer (four years or less). Hardwood & Marble floors. Designer Baths. Living Room with spectacular windows & full glass door leading to the terrace that overlooks the Premier Resort Side of the High rise and the Raritan River. King's suite with wall of windows, marble & Porcelain bath & Large closet. 2nd Bedroom with wall of windows, Formal dining room. Laundry Room. Wall-mounted 60-inch Panasonic flat-screen TV, Wall-mounted Polk Audio Soundbar, and remote controls for both, are included in the lease. Located centrally in the Great City of New Brunswick. (Rutgers, NY train, bus, Middlesex County Ct. House, RWJ & St. Peters hospitals, J&J corp., Parks, Restaurant-theater-nightclub district). Amenities Inc.: 24 Hour doorman to receive guest, sky deck, billiards & game room, lounge, Prominade with BBQ's & tables, tanning area, dog park, patios, gardens, kid play area, amazing Gym, 365 Day Indoor heated pool, sauna, basement storage. PLUS: GAS, WATER & SEWER are Included! On-site Parking Available. The High-rise is called the ONE for good reason, designed by Costa Kondylis & Partners LLP. Kondylis added more than 85 towers to the New York skyline, including Trump Tower. Come live in one of the most Luxurious units & Play in the city you love while you enjoy the Luxurious Lifestyle. Showings start 3/24/23

Last Agent to Rent the Property

Joseph Marascio

RE/MAX INNOVATION Listed on: 03/24/2023

RE/MAX INNOVATION

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Parking Deck

Interior Spaces

  • 1,236 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

Outdoor Features

  • Indoor Pool
  • Patio
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Zoned Cooling
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include gas, heat, maintenance fee, water
  • High-Rise Condominium
  • One Spring Condo Subdivision
  • 26-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0014
  • Lot Size: 99.00 x 99.00
  • Subdivision Name: One Spring Condo
  • Architectural Style: Other, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 26
  • Structure Type: Highrise
  • Year Built: 2006
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 26

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar, Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer
  • Accessibility Features: Elevator,Stall Shower
  • Has Basement: Full, Storage Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Main, Dining Room
  • Living Area: 1236
  • Stories: 26

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Pool Features: Indoor
  • Exterior Features: Barbecue, See Remarks
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Attached, See Remarks, On Site, Lighted, Deck, Covered

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • Cooling: Zoned, See Remarks
  • Heating: Zoned, See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Playground, Fitness Center, Sauna, Curbs, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee, Gas, Water, Heat
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Gas, Heat

Lot Info

  • Lot Size Sq Ft: 61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Dec 31, 2020
Sold by
Thai Chi Kim
Bought by
Salvagno Olivier
Seller's Agent
Alzira Farinhas
RE/MAX INNOVATION
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$503,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,190
Avg. Annual Appreciation
7.34%
Original Mortgage
$300,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2009
Sold by
Ackerman Joel and Federal Home Loan Mortgag E Cor Porati O
Bought by
Thai Chi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.15%

Purchase Details

Closed on
Oct 22, 2008
Sold by
Ross Scott and Ross Valerie
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 8, 2006
Sold by
Deve Spring Street
Bought by
Ross Scott and Ross Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.83%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salvagno Olivier $375,000 First American Title Ins Co
Thai Chi K -- --
Federal Home Loan Mortgage Corporation $356,718 None Available
Ross Scott $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salvagno Olivier $300,000
Previous Owner Thai Chi Kim $272,000
Previous Owner Thai Chi K --
Previous Owner Thai Chi Kim $304,000
Previous Owner Ross Scott $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Rented $34,740 +1100.0% --
03/24/2023 03/24/23 For Rent $2,895 0.0% --
01/05/2021 01/05/21 Sold $375,000 0.0% $303 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $375,000 -- $303 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $412,700 $190,000 $222,700
2023 -- $412,700 $190,000 $222,700
2022 $0 $412,700 $190,000 $222,700
2021 $3,417 $412,700 $190,000 $222,700
2020 $3,417 $412,700 $190,000 $222,700
2019 $4,556 $412,700 $190,000 $222,700
2018 $4,556 $412,700 $190,000 $222,700
2017 $4,556 $412,700 $190,000 $222,700
2016 $0 $145,700 $50,000 $95,700
2015 -- $145,700 $50,000 $95,700
2014 -- $145,700 $50,000 $95,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2309750R

All Jersey MLS

APN: 13-00015-0000-00002-01-C1101