NOT LISTED FOR SALE

1001 Watchung Ave Unit 5 Plainfield, NJ 07060

Estimated Value: $590,000 - $721,000

-- Bed
-- Bath
3,592 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $560,000 $156 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,406/month

15 Days on Market

About This Home

As of July 2022

This home is located at 1001 Watchung Ave Unit 5, Plainfield, NJ 07060 since 26 April 2022 and is currently estimated at $657,426, approximately $183 per square foot. This property was built in 1891. 1001 Watchung Ave Unit 5 is a home located in Union County with nearby schools including Evergreen Elementary School, Maxson Middle School, and Plainfield High School.

Last Agent to Sell the Property

DENISE SALAMANCA

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 04/26/2022

Last Buyer's Agent

DENISE SALAMANCA

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 04/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,303

Year Built

  • Built in 1891

Lot Details

  • 9,148 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,303

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Year Built: 1891
  • County Name: Union
  • Street Number Display: 1001-1005
  • I D: 5144430
  • Modified: 2023-07-29
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 70X130
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 27, 2022
Sold by
Phone Tech Inc
Bought by
Toor Mohit
Seller's Agent
DENISE SALAMANCA
EXP REALTY, LLC
Buyer's Agent
DENISE SALAMANCA
EXP REALTY, LLC
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%
Current Estimated Value
$657,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,426
Avg. Annual Appreciation
7.55%
Original Mortgage
$419,998
Outstanding Balance
$404,223
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$290,884

Purchase Details

Closed on
May 30, 2012
Sold by
Chillie Willie Llc
Bought by
Phone Tech Inc

Purchase Details

Closed on
May 10, 2004
Sold by
Berger Henry
Bought by
Perez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.02%
Source: Public Records

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
Toor Mohit $560,000 Foundation Title
Phone Tech Inc $165,000 None Available
Perez Antonio $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toor Mohit $100,000
Open Toor Mohit $419,998
Previous Owner Perez Antonio $80,000
Previous Owner Perez Antonio $396,000
Previous Owner Perez Antonio $288,000
Previous Owner Berger Henry Gene $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $560,000 +2.0% $156 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $549,000 -- $153 / Sq Ft
Source: Garden State 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 $9,303 $107,600 $46,100 $61,500
2023 $9,303 $107,600 $46,100 $61,500
2022 $9,102 $107,600 $46,100 $61,500
2021 $9,022 $107,600 $46,100 $61,500
2020 $8,996 $107,600 $46,100 $61,500
2019 $8,996 $107,600 $46,100 $61,500
2018 $8,808 $107,600 $46,100 $61,500
2017 $8,593 $107,600 $46,100 $61,500
2016 $8,418 $107,600 $46,100 $61,500
2015 $8,169 $107,600 $46,100 $61,500
2014 $7,947 $107,600 $46,100 $61,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    DENISE SALAMANCA

    EXP REALTY, LLC

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Map

Source: Garden State MLS

MLS Number: 3777881

Garden State MLS

APN: 12-00639-0000-00017

New Jersey Union County Plainfield 07060

1001 Watchung Ave Unit 5, Plainfield, NJ

This home is located at 1001 Watchung Ave Unit 5, Plainfield, NJ 07060 since 26 April 2022 and is currently estimated at $657,426, approximately $183 per square foot. This property was built in 1891. 1001 Watchung Ave Unit 5 is a home located in Union County with nearby schools including Evergreen Elementary School, Maxson Middle School, and Plainfield High School.

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