$540,000 - $590,000
RENTED JAN 15, 2025

118 Highland Ave Highland Park, NJ 08904

2 Beds
1 Bath
1,400 Sq Ft
$403 Price per Sq Ft

Last Sold October 16, 2024

Last sale price $580,000 $414 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,835/month

About This Home

As of October 2024

Renovated 2nd floor oversized 1.5 bed/ 1 bath apartment on the second floor of a 2 family building. Layout has two studio size bedrooms with end living room/ closet or oversized 1.5 bed apartment with bonus office space/ large closet. The apartment is wall to wall windows, shared laundry in the basement, additional available storage and off street parking on a residential street. Close to downtown Highland Park shops and restaurants on Route 27 and Rutgers University. Pets are allowed with a fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Oct 3, 2024
Sold by
Bodo Anthony and Bodo Louise
Bought by
Shum Wesley and Tran Jennifer Carol
Seller's Agent
Bruce Parker
BEST REALTY
List Price
$537,000
Sold Price
$580,000
Premium/Discount to List
$43,000
8.01%
Views
26
Current Estimated Value
$563,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,428
Avg. Annual Appreciation
-5.00%
Original Mortgage
$408,750
Outstanding Balance
$406,315
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$157,257

Range of Values:

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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
Shum Wesley $580,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shum Wesley $408,750
Previous Owner Bodo Anthony $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $1,775 +1.4% --
01/10/2025 01/10/25 For Rent $1,750 0.0% --
10/16/2024 10/16/24 Sold $580,000 +8.0% $414 / Sq Ft
08/04/2024 08/04/24 For Sale $537,000 -- $384 / Sq Ft

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 $10,129 $415,500 $257,500 $158,000
2023 $10,129 $415,500 $257,500 $158,000
2022 $10,293 $123,700 $55,800 $67,900
2021 $4,557 $123,700 $55,800 $67,900
2020 $10,152 $123,700 $55,800 $67,900
2019 $10,159 $123,700 $55,800 $67,900
2018 $8,010 $123,700 $55,800 $67,900
2017 $9,718 $123,700 $55,800 $67,900
2016 $9,770 $123,700 $55,800 $67,900
2015 $9,404 $123,700 $55,800 $67,900
2014 $9,250 $123,700 $55,800 $67,900
Source: Public Records

Agents Affiliated with this Home

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