$545,000
SOLD MAY 15, 2025

1045 Hanover St Piscataway, NJ 08854

3 Beds
2 Baths
1,256 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$434 Per Sq Ft

4% Above List Price

18 Days on Market

Highlights

  • Attic
  • Corner Lot
  • Formal Dining Room
  • Piscataway Township High School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of May 2025

Welcome to the market at 1045 Hanover Road, located in the highly desirable Piscataway neighborhood. This property offers an excellent opportunity to realize your vision and personalize your home. The main level boasts a generous living room, three bedrooms, one updated bathroom, and a fully renovated kitchen complete with granite countertops and a dining area. Additionally, there is a spacious bonus room that provides access to the basement garage and backyard. The basement offers substantial extra living space, featuring a private entrance, two large storage areas, another full bathroom, an additional guest room, a sizable recreational area, and a small kitchenette. All major systems, including the roof, water heater, and HVAC, have been updated within the last ten years. Seize the opportunity to make this your home before it is no longer available.

Last Agent to Sell the Property

Bina Patel

HALO REALTY Listed on: 02/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 1961

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Corner Lot
  • Property is zoned R75

Parking

  • 1 Car Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Storage
  • Utility Room
  • Carpet
  • Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement Storage

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • New Market Terrace Sec 0 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,660

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1722
  • Lot Size: 75X100
  • Ownership: Fee Simple
  • Subdivision Name: New Market Terrace Sec 0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1961
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Breakfast Bar, Eat-in Kitchen, Granite/Corian Countertops, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partially Finished, Bath Full, Laundry Facilities, Recreation Room, Storage Space, Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Bath Full, Storage, Laundry Room, Utility Room, 3 Bedrooms, Bath Main, Kitchen, Living Room, Other Room(s), Attic
  • Living Area: 1256
  • Stories: 1

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 2 Car Width

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 7501
  • Zoning: R75

Tax Info

  • Tax Annual Amount: 6660
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
May 14, 2025
Sold by
Pankaj Patel Revocable Trust and Patel Pankaj
Bought by
Patel Sanjay Kumar and Patel Bhavishaben S
Seller's Agent
Bina Patel
HALO REALTY
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Views
240
Current Estimated Value
$544,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$235
Avg. Annual Appreciation
-0.15%
Original Mortgage
$469,000
Outstanding Balance
$467,801
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$76,964

Purchase Details

Closed on
May 14, 2015
Sold by
Patel Pankaj
Bought by
Pankaj Patel Revocable Trust

Purchase Details

Closed on
Sep 6, 2013
Sold by
Patel Raychandbhai
Bought by
Patel Pankah
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $545,000 Providence Abstract
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $469,000 New Conventional
Previous Owner $322,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $200,000 Credit Line Revolving
Previous Owner $630,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $545,000 +3.8% $434 / Sq Ft
02/15/2025 02/15/25 For Sale $525,000 -- $418 / 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
2025 $6,660 $400,700 $238,100 $162,600
2024 $6,797 $345,100 $153,600 $191,500
2023 $6,797 $329,000 $153,600 $175,400
2022 $6,725 $302,100 $153,600 $148,500
2021 $6,349 $274,000 $141,100 $132,900
2020 $7,059 $305,300 $133,600 $171,700
2019 $6,113 $259,800 $133,600 $126,200
2018 $5,911 $252,400 $133,600 $118,800
2017 $6,284 $231,800 $113,600 $118,200
2016 $6,171 $231,800 $113,600 $118,200
2015 $6,078 $231,800 $113,600 $118,200
2014 $5,943 $231,800 $113,600 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2561045M

All Jersey MLS

APN: 17-01826-0000-00001-01