NOT LISTED FOR SALE

16 Berkeley Square Unit 16 Berkeley Heights, NJ 07922

Estimated Value: $581,000 - $679,191

3 Beds
3 Baths
1,748 Sq Ft
$367/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $605,000 $346 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,248/month

13 Days on Market

About This Home

As of May 2023

This home is located at 16 Berkeley Square Unit 16, Berkeley Heights, NJ 07922 since 28 March 2023 and is currently estimated at $642,298, approximately $367 per square foot. This property was built in 1996. 16 Berkeley Square Unit 16 is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

JOHN AMATO

HALLMARK REALTORS Brokerage Phone: 800-359-3398 Listed on: 03/28/2023

Last Buyer's Agent

Fernanda Silva

NEW AND MODERN GROUP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 958

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Year Built: 1996
  • County Name: Union
  • I D: 5211247
  • Attribution Contact: 800-359-3398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
May 4, 2023
Sold by
Flatley Peter and Flatley Leslie
Bought by
Basu Abhishek and Chakraborti Pritha
Seller's Agent
JOHN AMATO
HALLMARK REALTORS
Buyer's Agent
Fernanda Silva
NEW AND MODERN GROUP
List Price
$559,000
Sold Price
$605,000
Premium/Discount to List
$46,000
8.23%
Views
1
Current Estimated Value
$642,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,298
Avg. Annual Appreciation
2.28%
Original Mortgage
$570,000
Outstanding Balance
$553,830
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$88,468

Purchase Details

Closed on
Apr 18, 2009
Sold by
Mathisen Kenneth W and Brooks Mathisen Rose Wynne
Bought by
Flatley Peter and Flatley Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2006
Sold by
Novak Denise H
Bought by
Mathisen Kenneth W and Mathisen Rose Wynne Brooks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Alling Patricia
Bought by
Novak Denise H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.25%

Purchase Details

Closed on
May 11, 2001
Sold by
Alling Scott
Bought by
Alling Patricia

Purchase Details

Closed on
May 28, 1998
Sold by
Vogtman Theodore and Vogtman Michele Cynar
Bought by
Alling Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
9.37%

Purchase Details

Closed on
Mar 2, 1995
Sold by
Acres At Fairmount Inc
Bought by
Vogtman Theodore and Cynar Michele
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Basu Abhishek $605,000 Stewart Title Guaranty Company
Basu Abhishek $605,000 Stewart Title Guaranty Company
Flatley Peter $440,000 Stewart Title Guaranty Co
Mathisen Kenneth W $475,000 --
Novak Denise H $360,000 --
Alling Patricia -- --
Alling Scott $240,000 --
Vogtman Theodore $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basu Abhishek $570,000
Closed Basu Abhishek $570,000
Previous Owner Flatley Peter $310,000
Previous Owner Mathisen Kenneth W $50,000
Previous Owner Mathisen Kenneth W $360,000
Previous Owner Novak Denise H $288,000
Previous Owner Alling Scott $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $605,000 +8.2% $346 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $559,000 -- $320 / 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 $10,662 $248,700 $100,000 $148,700
2024 $10,233 $248,700 $100,000 $148,700
2023 $10,233 $242,200 $100,000 $142,200
2022 $10,170 $242,200 $100,000 $142,200
2021 $10,114 $242,200 $100,000 $142,200
2020 $10,168 $242,200 $100,000 $142,200
2019 $10,117 $242,200 $100,000 $142,200
2018 $9,906 $242,200 $100,000 $142,200
2017 $9,785 $242,200 $100,000 $142,200
2016 $9,613 $242,200 $100,000 $142,200
2015 $9,560 $242,200 $100,000 $142,200
2014 $9,310 $242,200 $100,000 $142,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3835337

Garden State MLS

APN: 01 03102-3901-00016-0000-CONDO