J
Seller's Agent in 2025
Julia Quinones
WEICHERT CO REALTORS
(732) 494-6800
1 in this area
53 Total Sales
118 Spear St Metuchen, NJ 08840
3
Beds
2.5
Baths
1,240
Sq Ft
5,001
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Property is near public transit
- Den
- Campbell Elementary School Rated A-
- L-Shaped Dining Room
- 2-minute walk to Oakland Park
About This Home
As of March 2025Pride of ownership shines throughout this beautifully maintained home, offering a perfect blend of comfort, charm, and modern updates. Featuring 3 bedrooms, 2.5 bathrooms, and a fully finished wallk-out basement with a wet bar, this home is perfect for entertaining or everyday living. The home boasts incredible curb appeal, and upon entry, you're greeted by a cozy mudroom/foyer area, ideal for organizing shoes, coats, and bags. In 2019, the entire first floor was renovated, creating an open-concept living space and a modern kitchen with updated finishes and appliances. The home also features an attached garage with direct access to the kitchen. Outside, enjoy the fully fenced-in yard with a beautiful paver patio, perfect for gatherings or relaxing. With a newer water heater, roof, furnace, and washer & dryer, you can buy with confidence, knowing many major systems have already been updated. Situated next to Oakland Park and a short distance to Roosevelt Park, this home is close to outdoor recreation and just a short stroll to downtown Metuchen with its vibrant restaurants, shops, and events. Commuters will love the proximity to the train station with routes to NYC and Princeton, as well as easy access to major highways like the Parkway, Route 1, Turnpike, and 287.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,116
Year Built
- Built in 1947
Lot Details
- 5,001 Sq Ft Lot
- Lot Dimensions are 100.00 x 50.00
- Fenced
- Property is zoned R2
Parking
- 1 Car Attached Garage
- Tandem Parking
- Open Parking
Home Design
- Cape Cod Architecture
- Asphalt Roof
Interior Spaces
- 1,240 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Living Room
- L-Shaped Dining Room
- Den
- Utility Room
Kitchen
- Gas Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Natural lighting in basement
Outdoor Features
- Patio
- Shed
Location
- Property is near public transit
- Property is near shops
Utilities
- Forced Air Heating System
- Underground Utilities
Community Details
- Summit Manor Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2025
Closed on
Mar 26, 2025
Sold by
Joszt Oliver and Joszt Laura
Bought by
Lee Soojin
Seller's Agent
Julia Quinones
WEICHERT CO REALTORS
List Price
$700,000
Sold Price
$826,500
Premium/Discount to List
$126,500
18.07%
Views
175
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,810
Avg. Annual Appreciation
-3.45%
Original Mortgage
$360,000
Outstanding Balance
$353,717
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$456,973
Purchase Details
Closed on
May 15, 2019
Sold by
Flaherty Winifred and Flaherty Arthur
Bought by
Joszt Oliver and Joszt Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,125
Interest Rate
4.1%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $826,500 | River Edge Title | |
| Deed | $826,500 | River Edge Title | |
| Deed | $407,500 | Core Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional | |
| Closed | $360,000 | New Conventional | |
| Previous Owner | $387,125 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $826,500 | +18.1% | $667 / Sq Ft |
| 02/01/2025 02/01/25 | For Sale | $700,000 | -- | $565 / Sq Ft |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $14,606 | $210,000 | $85,000 | $125,000 |
| 2024 | $14,606 | $210,000 | $85,000 | $125,000 |
| 2023 | $14,116 | $210,000 | $85,000 | $125,000 |
| 2022 | $13,379 | $210,000 | $85,000 | $125,000 |
| 2021 | $8,354 | $180,000 | $85,000 | $95,000 |
| 2020 | $11,057 | $180,000 | $85,000 | $95,000 |
| 2019 | $9,289 | $160,000 | $85,000 | $75,000 |
| 2018 | $9,254 | $160,000 | $85,000 | $75,000 |
| 2017 | $9,224 | $160,000 | $85,000 | $75,000 |
| 2016 | $9,059 | $157,000 | $85,000 | $72,000 |
| 2015 | $8,608 | $157,000 | $85,000 | $72,000 |
| 2014 | $8,332 | $156,000 | $85,000 | $71,000 |
Source: Public Records
Agents Affiliated with this Home
-
Julia Quinones
Map
Source: All Jersey MLS
MLS Number: 2508600R
APN: 09-00223-0000-00029
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