NOT LISTED FOR SALE

1223 Lenox Ave Unit 25 Plainfield, NJ 07060

Estimated Value: $510,000 - $616,000

-- Bed
-- Bath
2,176 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 28, 2021

Last sale price $370,000 $170 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,786/month

15 Days on Market

About This Home

As of November 2021

This home is located at 1223 Lenox Ave Unit 25, Plainfield, NJ 07060 since 17 August 2021 and is currently estimated at $562,321, approximately $258 per square foot. This property was built in 1905. 1223 Lenox Ave Unit 25 is a home located in Union County with nearby schools including Cedarbrook K-8 Center, Hubbard Middle School, and Plainfield High School.

Last Agent to Sell the Property

Salvatore Carrano

COLDWELL BANKER REALTY Brokerage Phone: 908-822-0550 Listed on: 08/17/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Sandra Chambers

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,120

Year Built

  • Built in 1905

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,120

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • County Name: Union
  • I D: 5090317
  • Attribution Contact: 908-822-0550
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X160
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Nov 16, 2021
Sold by
Pickett Kenneth L
Bought by
Walden Michael A
Seller's Agent
Salvatore Carrano
COLDWELL BANKER REALTY
Buyer's Agent
Sandra Chambers
RE/MAX SELECT
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Current Estimated Value
$562,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,321
Avg. Annual Appreciation
11.27%
Original Mortgage
$412,901
Outstanding Balance
$378,667
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$183,654

Purchase Details

Closed on
Jan 12, 2011
Sold by
1223 Lenox Ave Llc
Bought by
Pickett Kenneth L

Purchase Details

Closed on
May 21, 2010
Sold by
Freundlich Thomas R
Bought by
Pickett Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,888
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2008
Sold by
Freundlich Thomas R
Bought by
1223 Lenox Av Llc

Purchase Details

Closed on
Dec 14, 2007
Sold by
Mutter Johnathan and Forman Charles M
Bought by
Freundlich Thomas R

Purchase Details

Closed on
Nov 17, 2003
Sold by
Nj Affordable Homes Corp
Bought by
Cohen Allen and Cohen Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Walden Michael A $370,000 Cortes & Hay Title Agcy Inc
Walden Michael A $370,000 Old Republic Title
Pickett Kenneth L -- Miridian Title Agency Llc
Pickett Kenneth L $227,000 Miridian Title Agency Llc
1223 Lenox Av Llc -- None Available
Freundlich Thomas R $209,000 None Available
Cohen Allen $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walden Michael A $412,901
Closed Walden Michael A $412,901
Previous Owner Pickett Kenneth L $222,888
Previous Owner Cohen Allen $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2021 11/28/21 Sold $370,000 -7.5% $170 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $399,900 -- $184 / 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 $10,120 $115,900 $40,800 $75,100
2024 $10,021 $115,900 $40,800 $75,100
2023 $10,021 $115,900 $40,800 $75,100
2022 $9,804 $115,900 $40,800 $75,100
2021 $9,718 $115,900 $40,800 $75,100
2020 $9,690 $115,900 $40,800 $75,100
2019 $9,690 $115,900 $40,800 $75,100
2018 $9,488 $115,900 $40,800 $75,100
2017 $9,256 $115,900 $40,800 $75,100
2016 $9,067 $115,900 $40,800 $75,100
2015 $8,799 $115,900 $40,800 $75,100
2014 $8,560 $115,900 $40,800 $75,100
Source: Public Records

Agents Affiliated with this Home

  • Salvatore Carrano

    Seller's Agent in 2021

    Salvatore Carrano

    COLDWELL BANKER REALTY

    (908) 917-7388

    6 in this area

    9 Total Sales

    Salvatore Carrano
    Section Image
  • Sandra Chambers

    Buyer's Agent in 2021

    Sandra Chambers

    RE/MAX

    (732) 558-8801

    109 in this area

    226 Total Sales

    Sandra Chambers
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3735241

Garden State MLS

APN: 12-00729-0000-00008

New Jersey Union County Plainfield 07060

1223 Lenox Ave Unit 25, Plainfield, NJ

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