V
Seller's Agent in 2024
Varun Gupta
FORMULA REALTY, LLC
(732) 723-7268
1 in this area
6 Total Sales
One Spring Street 1 Spring St Unit 1202 New Brunswick, NJ 08901
Estimated Value: $447,000 - $477,337
2
Beds
2.5
Baths
1,374
Sq Ft
44
Sq Ft Lot
Highlights
- Water Views
- Indoor Pool
- Wood Flooring
- Fitness Center
- Property is near public transit
- 4-minute walk to Monument Square Park
About This Home
As of December 2024This ultra-luxury 12th-floor corner condo offers an unparalleled urban living experience, boasting spectacular views and top-tier amenities. Currently, the building's lobby, gym, pool, and hallways are undergoing renovations to elevate the modern living experience further. Residents enjoy 24-hour concierge and security services, ensuring smooth deliveries and guest access. The building offers a year-round heated indoor pool, a state-of-the-art gym, a sauna, and a stylish clubhouse with a kitchen for hosting gatherings. Outdoor areas include an observation sky deck with stunning views, BBQ stations, recreational spaces, and dog-friendly zones. This sought-after corner unit (#1202) in the 02 line features more windows, filling the space with natural light. It's one of the few units with an additional half bathroom, and both spacious bedrooms come with full en-suite baths. The large balcony offers a perfect spot to enjoy meals while admiring views of New Jersey and glimpses of the New York City skyline on clear days. Recent upgrades include hand-scraped truffle hardwood floors, adding a sophisticated touch to the space. The HOA covers gas, and water offering tremendous value. Located in the heart of New Brunswick, the condo is close to top dining, entertainment, and key landmarks like Robert Wood Johnson Hospital and Johnson & Johnson. With a 30-year low tax abatement and proximity to the upcoming Tech Hub and Cancer Research Center, this condo is both a luxurious residence and a smart investment.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,500
Year Built
- Built in 2006
Lot Details
- End Unit
- Fenced
Parking
- 1 Car Garage
- Common or Shared Parking
- Parking Deck
- Open Parking
Home Design
- Garden Apartment
- Flat Roof Shape
Interior Spaces
- 1,374 Sq Ft Home
- High Ceiling
- Blinds
- Living Room
- Formal Dining Room
- Wood Flooring
- Water Views
- Dryer
Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Whirlpool Bathtub
- Walk-in Shower
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Basement Storage
Home Security
- Security Gate
- Intercom
Pool
- Indoor Pool
- Spa
Outdoor Features
- Enclosed patio or porch
- Outdoor Grill
Location
- Property is near public transit
- Property is near shops
Utilities
- Zoned Cooling
- Heating Available
Community Details
Overview
- Association fees include amenities-some, management fee, common area maintenance, maintenance structure, gas, heat, sewer, storage, trash, water
- High-Rise Condominium
- One Spg Street Condo Subdivision
- 25-Story Property
Amenities
- Game Room
- Recreation Room
- Elevator
- Community Storage Space
Recreation
Building Details
- Maintenance Expense $1,260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2024
Closed on
Dec 12, 2024
Sold by
Stephen Vincent and Stephen Daniel Neena
Bought by
Jo Marilyn L and Garupa Patrische Mari
Seller's Agent
Varun Gupta
FORMULA REALTY, LLC
List Price
$479,900
Sold Price
$448,000
Premium/Discount to List
-$31,900
-6.65%
Total Days on Market
40
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,706
Avg. Annual Appreciation
10.49%
Purchase Details
Closed on
Jul 30, 2021
Sold by
Das Sudip and Das Suhas
Bought by
Stephen Vincent and Stephen Daniel Neena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2006
Sold by
Spring Streeet Dev Urb Renewal
Bought by
Dongik Kim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,549
Interest Rate
6.71%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jo Marilyn L | $448,000 | Catic Title | |
| Stephen Vincent | $400,000 | Title Mark Llc | |
| Dongik Kim | $460,610 | -- | |
| -- | $460,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stephen Vincent | $360,000 | |
| Previous Owner | Kim Dongik | $217,035 | |
| Previous Owner | -- | $414,549 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $448,000 | -5.7% | $326 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $474,900 | -1.0% | $346 / Sq Ft |
| 10/19/2024 10/19/24 | For Sale | $479,900 | -- | $349 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | -- | $439,300 | $190,000 | $249,300 |
| 2023 | -- | $439,300 | $190,000 | $249,300 |
| 2022 | $0 | $439,300 | $190,000 | $249,300 |
| 2021 | $0 | $439,300 | $190,000 | $249,300 |
| 2020 | $0 | $439,300 | $190,000 | $249,300 |
| 2019 | $2,714 | $439,300 | $190,000 | $249,300 |
| 2018 | $1,357 | $439,300 | $190,000 | $249,300 |
| 2017 | $0 | $439,300 | $190,000 | $249,300 |
| 2016 | $0 | $154,400 | $50,000 | $104,400 |
| 2015 | -- | $154,400 | $50,000 | $104,400 |
| 2014 | -- | $154,400 | $50,000 | $104,400 |
Source: Public Records
Agents Affiliated with this Home
-
Varun Gupta
About One Spring Street
Map
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Source: All Jersey MLS
MLS Number: 2504901R
APN: 13-00015-0000-00002-01-C1202
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