NOT LISTED FOR SALE

1 Spring St Unit 703 New Brunswick, NJ 08901

Estimated Value: $465,000 - $554,000

2 Beds
2 Baths
1,241 Sq Ft
$1,167/mo HOA Fee

Last Sold April 30, 2023

Last sale price $460,000 $371 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,316/month

45 Days on Market

Highlights

  • Concierge
  • 4-minute walk to New Brunswick
  • Community Indoor Pool
  • Fitness Center
  • City View
  • 3-minute walk to Monument Square Park

About This Home

As of April 2023

Beautiful Condo Unit in one of the nicest buildings in New Brunswick. This lovely condo features 2 bedrooms, 2 bathrooms, kitchen with granite counter tops, balcony, lots of amenities, in door swimming pool, work out room, 24 hr concierge service, parking garage next door (separate charge), storage unit on the first floor, close distance to NB train station, RU, 2 Hospitals, Museums, restaurants, State Theater, property tax abetment was for 30 years, 14 years remaining as of 2022 and much more... A must see

Last Agent to Sell the Property

Laura Levitt

(732) 586-7970 laura18k@comcast.net Century 21 JJ Laufer License #9912775 Listed on: 01/24/2023

Century 21 JJ Laufer

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 2006

Lot Details

  • Downtown Location
  • Property is in excellent condition

HOA Fees

  • $1,167 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,241 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • City Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 00002 01
  • Assessor Parcel Number 13-00015-00002 01-C0703

Community Details

Overview

  • $3,502 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, health club, insurance, management, pool(s), recreation facility, security gate, snow removal, sewer, trash, water
  • One Spring HOA, Phone Number (732) 246-1195
  • High-Rise Condominium
  • One Spring Street Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Picnic Area
  • Common Area
  • Billiard Room
  • Meeting Room
  • 2 Elevators
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Dog Park

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,246

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,167 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: dishwasher, washer, dryer, refrigerator, stove
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 7
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1241
  • Living Area Sq Ft: 1241
  • Price Per Sq Ft: 378.73
  • Above Grade Finished Sq Ft: 1241
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Doorman
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1167.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Concierge, Dog Park, Elevator, Exercise Room, Fitness Center, Meeting Room, Pool - Indoor, Picnic Area, Storage Bin
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Insurance, Management, Pool(s), Recreation Facility, Security Gate, Snow Removal, Sewer, Trash, Water
  • HOA Name: ONE SPRING
  • HOA Phone: 732-246-1195
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 3502.00

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 213600.00
  • Land Assessed Value: 190000.00
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Zoning: C-4

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4907663
  • Tax Annual Amount: 4246.00
  • Assessor Parcel Number: 13-00015-00002 01-C0703
  • Tax Lot: 00002 01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: NEW BRUNSWICK SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 6, 2023
Sold by
Wang Jianfeng and Wang Weijia
Bought by
Cohen William and Cohen Wendy
Seller's Agent
Laura Levitt
Century 21 JJ Laufer
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%
Views
307
Current Estimated Value
$505,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,064
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jun 21, 2021
Sold by
Anwar Mohammad F and Ali Saima Z
Bought by
Wang Jianfeng and Shi Weijia
Seller's Agent
John Winant
BORAIE REALTY, LLC
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$285,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2019
Sold by
Geller Willard and Geller Gerald
Bought by
Ali Saima Z and Anwar Mohammad F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2006
Sold by
Spring Street Dev Urb Ren Llc
Bought by
Geller Willard and Geller Elinor
Source: Public Records

Range of Values:

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Average Value
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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
Cohen William $460,000 Chicago Title
Cohen William $460,000 Chicago Title
Wang Jianfeng $380,000 New Dawn Title Agency Llc
Ali Saima Z $375,000 Providence Abstract Llc
Geller Willard $435,889 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Jianfeng $285,000
Previous Owner Ali Saima Z $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2023 04/30/23 Sold $460,000 -2.1% $371 / Sq Ft
01/24/2023 01/24/23 For Sale $470,000 0.0% $379 / Sq Ft
08/19/2021 08/19/21 Rented -- -- --
08/19/2021 08/19/21 For Rent $2,850 0.0% --
06/25/2021 06/25/21 Sold $390,000 0.0% $300 / Sq Ft View Prior Sale
05/26/2021 05/26/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $390,000 -- $300 / Sq Ft
Source: Bright 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
2025 -- $403,600 $190,000 $213,600
2024 -- $403,600 $190,000 $213,600
2023 -- $403,600 $190,000 $213,600
2022 $0 $403,600 $190,000 $213,600
2021 $3,356 $403,600 $190,000 $213,600
2020 $3,356 $403,600 $190,000 $213,600
2019 $5,150 $403,600 $190,000 $213,600
2018 $5,150 $403,600 $190,000 $213,600
2017 $5,150 $403,600 $190,000 $213,600
2016 $0 $146,000 $50,000 $96,000
2015 -- $146,000 $50,000 $96,000
2014 -- $146,000 $50,000 $96,000
Source: Public Records

Agents Affiliated with this Home

  • Laura Levitt

    Seller's Agent in 2023

    Laura Levitt

    Century 21 JJ Laufer

    (732) 586-7970

    6 in this area

    38 Total Sales

    Laura Levitt
    Section Image

  • J

    Seller's Agent in 2021

    John Winant

    BORAIE REALTY, LLC

    (908) 208-6346

    16 in this area

    20 Total Sales

    John Winant
    Section Image
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Map

Source: Bright MLS

MLS Number: NJMX2003988

Bright MLS

APN: 13-00015-0000-00002-01-C0703

New Jersey Middlesex County New Brunswick 08901

1 Spring St Unit 703, New Brunswick, NJ

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