$360,000
SOLD JUN 15, 2023

1070 Sherman Ave South Plainfield, NJ 07080

4 Beds
2 Baths
-- Sq Ft
0.37 Acres

Recently Sold

15% Above List Price

38 Days on Market

Highlights

  • Colonial Architecture
  • L-Shaped Dining Room
  • Eat-In Kitchen
  • South Plainfield High School Rated A-
  • 1 Car Detached Garage
  • Level Lot

About This Home

As of April 2024

Investors Dream Now Available Colonial with 4 bedrooms and 2 baths in a great location. Detached garage plus a Huge yard on this 60' x 266' lot! Great Town - Great House - Great Opportunity! Near many amenities, Restaurants & Shops. Easy commute to midtown Manhattan. This Property qualifies for renovation financing or cash only, and is vacant, immediately available, and easy to show. This Property is being sold as-is with all local and State certs by the buyer.

Last Agent to Sell the Property

Patrick Fox

AMERICAN REALTY SERVICE GROUP, Listed on: 05/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,470

Year Built

  • Built in 1956

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 266.00 x 60.00
  • Level Lot
  • Property is zoned R75

Parking

  • 1 Car Detached Garage
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • L-Shaped Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,470

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3664
  • Lot Size: 266.00 x 60.00
  • Ownership: Fee Simple
  • Subdivision Name: none
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: See Remarks
  • Property Attached Yn: No
  • Year Built: 1956
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Dining Room Features: Dining L
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: See Remarks
  • Has Basement: Full, None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: See Remarks
  • Interior Amenities: Kitchen, 3 Bedrooms

Exterior Features

  • Lot Features: Level
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, Detached

Utilities

  • Cooling: None
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 15960
  • Zoning: R75

Tax Info

  • Tax Annual Amount: 6470
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 16, 2024
Sold by
Clarity Venture Partners Llc
Bought by
Murphy Logan C
Seller's Agent
Douglas Wade
RE/MAX Revolution
Buyer's Agent
LISA DUTKA
EXP Realty
List Price
$549,900
Sold Price
$570,000
Premium/Discount to List
$20,100
3.66%
Views
192
Current Estimated Value
$595,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,296
Avg. Annual Appreciation
0.99%
Original Mortgage
$456,000
Outstanding Balance
$451,131
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$126,116

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 7, 2023
Sold by
J P Morgan Mortgage Acquisition Trust
Bought by
Clarity Venture Partners Llc
Seller's Agent
Patrick Fox
AMERICAN REALTY SERVICE GROUP,
List Price
$312,000
Sold Price
$360,000
Premium/Discount to List
$48,000
15.38%
Views
1330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.82%

Purchase Details

Closed on
Oct 26, 2022
Sold by
Middlesex County Sheriff
Bought by
Jp Morgan Mortgage Acquisition Trust and Wmc Mortgage Corp
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 $570,000 Stewart Title Guaranty Company
Special Warranty Deed $360,000 Servicelink
Sheriffs Deed $367,703 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $456,000 New Conventional
Previous Owner $79,400 Stand Alone Second
Previous Owner $317,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $570,000 +3.7% --
03/21/2024 03/21/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $549,900 +52.8% --
06/15/2023 06/15/23 Sold $360,000 +15.4% --
05/08/2023 05/08/23 For Sale $312,000 -- --
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
2024 $6,551 $98,100 $29,100 $69,000
2023 $6,551 $98,100 $29,100 $69,000
2022 $6,470 $98,100 $29,100 $69,000
2021 $6,318 $98,100 $29,100 $69,000
2020 $6,225 $98,100 $29,100 $69,000
2019 $5,973 $98,100 $29,100 $69,000
2018 $5,819 $98,100 $29,100 $69,000
2017 $5,745 $98,100 $29,100 $69,000
2016 $5,687 $98,100 $29,100 $69,000
2015 $5,589 $98,100 $29,100 $69,000
2014 $5,428 $98,100 $29,100 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2311969R

All Jersey MLS

APN: 22-00009-0000-00028