NOT LISTED FOR SALE

183 Washington Rock Rd Watchung, NJ 07069

Estimated Value: $1,866,000 - $2,106,385

2.32 Acres
$850,630 Price per Acre
101,059 Sq Ft Lot

Last Sold October 23, 2015

Last sale price $570,000 $335 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $13,125/month

About This Lot

As of October 2015

This home is located at 183 Washington Rock Rd, Watchung, NJ 07069 since 23 October 2015 and is currently estimated at $1,973,462, approximately $1,161 per square foot. 183 Washington Rock Rd is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

Last Agent to Sell the Property

Marie Urso

BHHS FOX & ROACH Brokerage Phone: 908-754-7511 Listed on: 10/23/2015

BHHS FOX & ROACH

Last Buyer's Agent

David Burke

RE/MAX PREMIER

RE/MAX PREMIER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,319

Lot Details

  • 2.32 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$31,319

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4524186
  • Modified: 2021-09-23
  • Attribution Contact: 908-754-7511
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 2.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2016
Sold by
Malik Shahid and Malik Meghan
Bought by
The Borough Of Watchung
Current Estimated Value
$1,973,462

Purchase Details

Listed on
Oct 23, 2015
Closed on
Oct 23, 2015
Sold by
Koch Steven
Bought by
Malik Shahid and Malik Meghan
Seller's Agent
Marie Urso
BHHS FOX & ROACH
Buyer's Agent
David Burke
RE/MAX PREMIER
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$1,120,000
Interest Rate
2.87%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 8, 2014
Closed on
Dec 26, 2013
Sold by
Kalos Properties Llc
Bought by
Koch Steven
Seller's Agent
Marie Urso
BHHS FOX & ROACH
Buyer's Agent
Marie Urso
BHHS FOX & ROACH
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.74%

Purchase Details

Closed on
Jul 29, 2010
Sold by
Loomar L Gregory
Bought by
Kalos Properties Llc

Purchase Details

Closed on
Nov 20, 1988
Sold by
Loomar Andrea S
Bought by
Loomar Jon S
Source: Public Records

Range of Values:

Collateral Analytics

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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
The Borough Of Watchung -- None Available
Malik Shahid $5,700,000 Attorney
Koch Steven $395,000 Tri County Title Svcs Llc
Kalos Properties Llc $400,000 None Available
Loomar Jon S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Shahid $350,000
Closed Malik Shahid $180,000
Closed Malik Shahid $73,500
Open Malik Shahid $1,275,000
Previous Owner Malik Shahid $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $570,000 +44.3% $335 / Sq Ft
01/08/2014 01/08/14 Sold $395,000 -- $232 / 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 $31,319 $1,701,600 $481,900 $1,219,700
2024 $31,319 $1,567,500 $441,600 $1,125,900
2023 $30,225 $1,480,900 $412,700 $1,068,200
2022 $28,258 $1,345,000 $389,400 $955,600
2021 $27,926 $1,301,300 $374,300 $927,000
2020 $27,387 $1,287,000 $363,500 $923,500
2019 $26,705 $1,287,000 $363,500 $923,500
2018 $25,624 $1,287,000 $363,500 $923,500
2017 $25,331 $1,280,000 $336,500 $943,500
2016 $7,057 $337,500 $336,500 $1,000
2015 $9,436 $445,500 $320,500 $125,000
2014 $8,447 $403,400 $305,300 $98,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3212038

Garden State MLS

APN: 21-01002-0000-00006