NOT LISTED FOR SALE

116 Fairview Ave New Providence, NJ 07974

Estimated Value: $532,000 - $728,000

2 Beds
1.5 Baths
1,155 Sq Ft
$557/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $415,000 $359 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,252/month

79 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • New Providence High School Rated A
  • Recreation Room
  • Attic

About This Home

As of November 2018

Charming Colonial on level, deep lot is set on a quiet street. Renovated kitchen with white cabinets, Silestone counters & SS appliances has a breakfast room overlooking the deck & private yard. Terrific condo alternative! New wood floors with dark stain on the 1st level. Classic moldings & high ceilings throughout. Light-filled breakfast room with cathedral ceiling provides a beautiful vantage point to look out on the backyard. Finished basement with powder room provides additional living space. Two car detached garage.

Last Agent to Sell the Property

Michele DiBenedetto

BHHS FOX & ROACH Listed on: 07/25/2018

BHHS FOX & ROACH

Last Buyer's Agent

Aaron Collins

RE/MAX CLASSIC GROUP

RE/MAX CLASSIC GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,435

Year Built

  • Built in 1923

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Recreation Room
  • Utility Room
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • A. Roberts Elementary School
  • New Provms Middle School
  • New Provhs High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2911-00193-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,435

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1923
  • Year Built Description: Approximate
  • County Name: Union
  • Renovated Year: 2011
  • Street Number Display: 116
  • Directions: Union Ave. to Fairview Ave.
  • I D: 4821877
  • Modified: 2021-09-23
  • Number Images: 19
  • First Name: MICHELE
  • First Name3: AARON P.
  • Last Name: DIBENEDETTO
  • Last Name3: COLLINS
  • Office Phone: 908-464-5200
  • Office Phone3: 908-698-4701
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer
  • Interior Amenities: Blinds, High Ceilings
  • Number Rooms: 6
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Powder Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x8
  • Kitchen Level: First
  • Living Room Dim: 17x10
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Dim: 10x7
  • Other Room1 Level: First
  • Other Room 2: Rec Room
  • Other Room2 Dim: 13x11
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Dim: 9x7
  • Other Room3 Level: Basement
  • Other Room 4: Foyer
  • Other Room4 Dim: 7x6
  • Other Room4 Level: First
  • Level 1 Rooms: Breakfast Room, Foyer, Living Room, Dining Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Level 3 Rooms: Attic
  • Phone: 908-464-5200

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s), Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Schools

  • Elementary School: A. Roberts
  • Middle School: New ProvMS
  • High School: New ProvHS
  • High School: New ProvHS
  • Middle Jr High School: New ProvMS

Lot Info

  • Lot Size: .246 AC
  • Assessed Improvement Value: 73400
  • Assessed Land Value: 103600
  • Assessment: 177000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.25
  • Zoning: residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8435
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2911-00193-0000-00001-0000-
  • Tax Rate Amount: 4.766
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: A. Roberts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Nov 13, 2018
Sold by
Lim Nicholas and Lim Kristen
Bought by
Serillo Matthew
Seller's Agent
Michele DiBenedetto
BHHS FOX & ROACH
Buyer's Agent
Aaron Collins
RE/MAX CLASSIC GROUP
List Price
$469,000
Sold Price
$415,000
Premium/Discount to List
-$54,000
-11.51%
Current Estimated Value
$643,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,384
Avg. Annual Appreciation
6.59%
Original Mortgage
$275,000
Outstanding Balance
$173,712
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$469,672

Purchase Details

Closed on
Jul 30, 2007
Sold by
Gaydos Michael and Gaydos Whitney
Bought by
Lim Nicholas and Smokowski Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,050
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Marchetta Drew and Marchetta Debra J
Bought by
Gaydos Michael and Byam Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
6.81%

Purchase Details

Closed on
Jan 26, 1999
Sold by
Reilly Timothy J and Reilly Laurel A
Bought by
Marchetta Drew and Marchetta Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 16, 1993
Sold by
Johnson David
Bought by
Reilly Timothy and Reilly Laurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.15%
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
Serillo Matthew $415,000 None Available
Lim Nicholas $419,000 Stewart Title Guaranty Compa
Gaydos Michael $345,000 --
Marchetta Drew $235,000 Transnation Title Insurance
Reilly Timothy $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serillo Matthew $275,000
Previous Owner Lim Nicholas $398,050
Previous Owner Gaydos Michael $327,750
Previous Owner Marchetta Drew $188,000
Previous Owner Reilly Timothy $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $415,000 -11.5% $359 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $469,000 -- $406 / 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
2025 $10,092 $195,500 $103,600 $91,900
2024 $9,789 $195,500 $103,600 $91,900
2023 $9,789 $195,500 $103,600 $91,900
2022 $9,654 $195,500 $103,600 $91,900
2021 $9,583 $195,500 $103,600 $91,900
2020 $9,580 $195,500 $103,600 $91,900
2019 $9,521 $195,500 $103,600 $91,900
2018 $8,576 $177,000 $103,600 $73,400
2017 $8,436 $177,000 $103,600 $73,400
2016 $8,317 $177,000 $103,600 $73,400
2015 $8,202 $177,000 $103,600 $73,400
2014 $8,078 $177,000 $103,600 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3489780

Garden State MLS

APN: 11-00193-0000-00001