$1,499,000
SOLD JUL 3, 2024

122 Commonwealth Ave New Providence, NJ 07974

5 Beds
5 Baths
1,190 Sq Ft
0.28 Acres

Recently Sold

$1,260 Per Sq Ft

41 Days on Market

About This Home

As of July 2024

This home is located at 122 Commonwealth Ave, New Providence, NJ 07974 and is currently priced at $1,499,000, approximately $1,259 per square foot. This property was built in 2024. 122 Commonwealth Ave is a home located in Union County with nearby schools including New Providence High School and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Michele DiBenedetto

BHHS FOX & ROACH Brokerage Phone: 973-538-5555 Listed on: 01/05/2024

BHHS FOX & ROACH

Last Buyer's Agent

JEREMY P. CIOTOLA

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,194

Year Built

  • Built in 2024

Lot Details

  • 0.28 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,194

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Year Built: 2024
  • County Name: Union
  • Street Number Display: 122
  • I D: 5261178
  • Modified: 2024-07-08
  • Number Images: 1
  • Attribution Contact: 973-538-5555
  • MLS Status: Sold
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .275 AC
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 4, 2023
Sold by
Torres Juan and Torres Julia K
Bought by
Commonwealth 122 Builders Llc
Seller's Agent
A MICHAEL DEL DUCA
BHHS FOX & ROACH
Buyer's Agent
Michele DiBenedetto
BHHS FOX & ROACH
List Price
$554,900
Sold Price
$605,000
Premium/Discount to List
$50,100
9.03%
Views
76
Current Estimated Value
$1,409,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,958
Avg. Annual Appreciation
66.06%

Purchase Details

Closed on
Jul 7, 2020
Sold by
Torres Juan
Bought by
Torres Juan and Romero Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,280
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2018
Closed on
Apr 17, 2018
Sold by
Mulvihill Richard V and Sendell Cailin D
Bought by
Torres Juan and Romero Kevin
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
DONNA MURPHY
WEICHERT REALTORS
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$432,030
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2012
Closed on
Nov 29, 2012
Sold by
Bandaru Udayakrishna and Bandaru Abirami U
Bought by
Mulvihill Richard and Sendell Caitlin D
Seller's Agent
Michele DiBenedetto
BHHS FOX & ROACH
Buyer's Agent
MAUREEN A LEDDY
WEICHERT REALTORS
Sold Price
$382,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$348,966
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Iannacone Albert
Bought by
Bandaru Udayakrishna and Bandaru Abirami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $605,000 Chicago Title
Interfamily Deed Transfer -- Sourcepoint Fulfillment Ser
Deed $440,000 First American Title
Deed $382,500 Fidelity National Title Ins
Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $12,254 FHA
Previous Owner $423,280 FHA
Previous Owner $432,030 FHA
Previous Owner $348,966 New Conventional
Previous Owner $311,000 New Conventional
Previous Owner $256,903 Unknown
Previous Owner $320,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,499,000 0.0% $1,260 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $1,499,000 +147.8% $1,260 / Sq Ft
10/10/2023 10/10/23 Sold $605,000 +9.0% $508 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $554,900 +26.1% $466 / Sq Ft
04/17/2018 04/17/18 Sold $440,000 0.0% $370 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $440,000 +15.0% $370 / Sq Ft
11/29/2012 11/29/12 Sold $382,500 -- $321 / 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
2024 $10,194 $203,600 $102,600 $101,000
2023 $10,194 $203,600 $102,600 $101,000
2022 $10,054 $203,600 $102,600 $101,000
2021 $9,980 $203,600 $102,600 $101,000
2020 $9,976 $203,600 $102,600 $101,000
2019 $9,915 $203,600 $102,600 $101,000
2018 $8,745 $180,500 $102,600 $77,900
2017 $8,603 $180,500 $102,600 $77,900
2016 $8,482 $180,500 $102,600 $77,900
2015 $8,364 $180,500 $102,600 $77,900
2014 $8,238 $180,500 $102,600 $77,900
Source: Public Records

Agents Affiliated with this Home

  • Michele DiBenedetto

    Seller's Agent in 2024

    Michele DiBenedetto

    BHHS FOX & ROACH

    (908) 432-5603

    65 in this area

    94 Total Sales

    Michele DiBenedetto
    Section Image

  • J

    Buyer's Agent in 2024

    JEREMY P. CIOTOLA

    COMPASS NEW JERSEY LLC

  • A

    Seller's Agent in 2023

    A MICHAEL DEL DUCA

    BHHS FOX & ROACH

  • Michele Klug

    Seller's Agent in 2018

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE REAL

    (908) 672-2055

    2 in this area

    780 Total Sales

    Michele Klug
    Section Image

  • D

    Buyer's Agent in 2018

    DONNA MURPHY

    WEICHERT REALTORS

  • M

    Buyer's Agent in 2012

    MAUREEN A LEDDY

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3880270

Garden State MLS

APN: 11-00076-0000-00022

New Jersey Union County New Providence 07974

122 Commonwealth Ave, New Providence, NJ

This home is located at 122 Commonwealth Ave, New Providence, NJ 07974 and is currently priced at $1,499,000, approximately $1,259 per square foot. This property was built in 2024. 122 Commonwealth Ave is a home located in Union County with nearby schools including New Providence High School and The Academy of Our Lady of Peace.

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