NOT LISTED FOR SALE

1532 E 2nd St Scotch Plains, NJ 07076

Scotch Plains Neighborhood

Estimated Value: $695,138 - $831,000

-- Bed
-- Bath
-- Sq Ft
52 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $545,000

Est. 39% increase in value since last sale

Current estimated payment $5,490/month

59 Days on Market

About This Home

As of January 2022

This home is located at 1532 E 2nd St, Scotch Plains, NJ 07076 since 22 September 2021 and is currently estimated at $757,285. This property was built in 1966. 1532 E 2nd St is a home located in Union County with nearby schools including School #1 Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

Last Listed By

Adele Cerimele

ERA SUBURB REALTY Brokerage Phone: 908-322-4434 Listed on: 09/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,498

Year Built

  • Built in 1966

Lot Details

  • 52 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,498

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • County Name: Union
  • Street Number Display: 1532
  • I D: 5104844
  • Modified: 2023-01-15
  • Number Images: 1
  • Attribution Contact: 908-322-4434
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 52 X 116 AVG.
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Jan 13, 2022
Sold by
Ferrara and Janice
Bought by
Griffith Michael
Seller's Agent
Adele Cerimele
ERA SUBURB REALTY
Buyer's Agent
GARY WEBB JR
EXP REALTY, LLC
List Price
$649,900
Sold Price
$545,000
Premium/Discount to List
-$104,900
-16.14%
Total Days on Market
59
Current Estimated Value
$757,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,285
Avg. Annual Appreciation
8.70%
Original Mortgage
$535,128
Outstanding Balance
$503,696
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$215,879

Purchase Details

Closed on
Aug 26, 1985
Bought by
Ferrara Virgilio and Ferrara Janice

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
Ferrara Virgilio $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Michael $37,567
Closed Ferrara Virgilio $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $545,000 -9.2% --
11/20/2021 11/20/21 Pending -- -- --
11/04/2021 11/04/21 Price Changed $599,900 -7.7% --
09/22/2021 09/22/21 For Sale $649,900 -- --
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 $15,498 $135,700 $15,500 $120,200
2023 $15,498 $135,700 $15,500 $120,200
2022 $15,314 $135,700 $15,500 $120,200
2021 $15,288 $135,700 $15,500 $120,200
2020 $15,215 $135,700 $15,500 $120,200
2019 $15,102 $135,700 $15,500 $120,200
2018 $14,848 $135,700 $15,500 $120,200
2017 $14,519 $135,700 $15,500 $120,200
2016 $14,239 $135,700 $15,500 $120,200
2015 $14,006 $135,700 $15,500 $120,200
2014 $13,544 $135,700 $15,500 $120,200
Source: Public Records

Agents Affiliated with this Home

  • Adele Cerimele

    Seller's Agent in 2022

    Adele Cerimele

    ERA SUBURB REALTY

    (908) 322-4434

    12 in this area

    29 Total Sales

    Adele Cerimele
    Section Image

  • G

    Buyer's Agent in 2022

    GARY WEBB JR

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3742074

Garden State MLS

APN: 16-00301-0000-00016

New Jersey Union County Scotch Plains 07076 Scotch Plains

1532 E 2nd St, Scotch Plains, NJ

Homes for Sale in Scotch Plains, NJ

This home is located at 1532 E 2nd St, Scotch Plains, NJ 07076 since 22 September 2021 and is currently estimated at $757,285. This property was built in 1966. 1532 E 2nd St is a home located in Union County with nearby schools including School #1 Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

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