NOT LISTED FOR SALE

165 Essex Ave Unit 407 Metuchen, NJ 08840

Estimated Value: $443,000 - $503,000

2 Beds
2 Baths
-- Sq Ft
348 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $365,000

Est. 29% increase in value since last sale

Current estimated payment $3,042/month

74 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Cul-De-Sac
  • Edgar Middle School Rated A
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Nicely maintained 2 bedroom with updated kitchen, 2 full baths, hard wood floors in living room and dining room, freshly painted, newer windows (2018), new furnace and hot water heater(2019), newer central air unit, New roof and siding(association-2018) and washer and dryer.

Last Agent to Sell the Property

Lana Evers

COLDWELL BANKER REALTY Listed on: 05/15/2023

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,933

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Formal Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Additional Parking
  • On-Site Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, snow removal, trash
  • Essex Mews Condo Bldg 04 Subdivision

Building Details

  • Maintenance Expense $263

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,933

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Essex Mews Condo Bldg 04
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 3rd Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower, Stall Shower
  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Not Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: None, 2 Bedrooms, Kitchen, Living Room, Bath Full, Dining Room
  • Stories: 1

Exterior Features

  • Lot Features: Near Shopping, Near Train, Cul-De-Sac
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, On Site

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Zoning: R4

Multi Family

  • Maintenance Expense: 263

Tax Info

  • Tax Annual Amount: 2933
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 26, 2023
Sold by
Tompkins Judith M
Bought by
Armetta Salvatore
Seller's Agent
Lana Evers
COLDWELL BANKER REALTY
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Views
453
Current Estimated Value
$470,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,550
Avg. Annual Appreciation
11.41%
Original Mortgage
$165,000
Outstanding Balance
$161,170
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$309,380

Purchase Details

Closed on
Jul 21, 2000
Sold by
Ha Jung Eun
Bought by
Tompkins Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.18%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Balasi Joann
Bought by
Ho Ha Jung Eun and Ho Kim Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.7%

Purchase Details

Closed on
Sep 30, 1997
Sold by
Penna Jaime
Bought by
Balasi Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Armetta Salvatore $365,000 Fidelity National Title
Armetta Salvatore $365,000 Fidelity National Title
Tompkins Judith $121,000 --
Ho Ha Jung Eun $90,000 --
Balasi Joann $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armetta Salvatore $165,000
Closed Armetta Salvatore $165,000
Previous Owner Tompkins Judith $105,000
Previous Owner Ho Ha Jung Eun $76,000
Previous Owner Balasi Joann $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $365,000 +4.3% --
05/15/2023 05/15/23 For Sale $349,900 -- --
Source: All Jersey 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 $6,767 $97,300 $30,000 $67,300
2024 $6,050 $97,300 $30,000 $67,300
2023 $6,050 $90,000 $30,000 $60,000
2022 $2,933 $90,000 $30,000 $60,000
2021 $5,366 $90,000 $30,000 $60,000
2020 $5,529 $90,000 $30,000 $60,000
2019 $5,366 $90,000 $30,000 $60,000
2018 $5,174 $90,000 $30,000 $60,000
2017 $5,108 $87,000 $30,000 $57,000
2016 $5,020 $87,000 $30,000 $57,000
2015 $4,909 $87,000 $30,000 $57,000
2014 $4,786 $87,000 $30,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2312245R

All Jersey MLS

APN: 09-00131-01-00006-0000-C0407