NOT LISTED FOR SALE

1 Spring St Unit 1101 New Brunswick, NJ 08901

Estimated Value: $470,943 - $541,000

2 Beds
2 Baths
1,236 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 05, 2021

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

Est. 35% increase in value since last sale

Current estimated payment $3,334/month

About This Home

As of January 2021

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

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
$505,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,314
Avg. Annual Appreciation
7.01%
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%

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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

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

  • Joseph Marascio

    Seller's Agent in 2023

    Joseph Marascio

    RE/MAX

    (732) 718-7156

    10 in this area

    68 Total Sales

    Joseph Marascio
    Section Image
  • Alzira Farinhas

    Seller's Agent in 2021

    Alzira Farinhas

    RE/MAX

    (732) 794-8195

    16 in this area

    153 Total Sales

    Alzira Farinhas
    Section Image
  • Richard Bajada

    Seller Co-Listing Agent in 2021

    Richard Bajada

    RE/MAX

    (732) 672-5544

    16 in this area

    65 Total Sales

    Richard Bajada
    Section Image
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Map

New Jersey Middlesex County New Brunswick 08901

1 Spring St Unit 1101, New Brunswick, NJ

Homes for Sale in New Brunswick, NJ

This home is located at 1 Spring St Unit 1101, New Brunswick, NJ 08901 and is currently estimated at $505,314, approximately $408 per square foot. 1 Spring St Unit 1101 is a home located in Middlesex County with nearby schools including New Brunswick High School and Central Jersey College Prep Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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