NOT LISTED FOR SALE

2 2nd Ave Raritan, NJ 08869

Estimated Value: $547,000 - $593,000

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold February 18, 2021

Last sale price $350,000

Est. 60% increase in value since last sale

Current estimated payment $3,880/month

111 Days on Market

About This Home

As of February 2021

This home is located at 2 2nd Ave, Raritan, NJ 08869 since 23 October 2020 and is currently estimated at $561,416. This property was built in 1910. 2 2nd Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Agent to Sell the Property

Patrick Kelly

RE/MAX PREFERRED PROFESSIONALS Brokerage Phone: 908-685-0700 Listed on: 10/23/2020

RE/MAX PREFERRED PROFESSIONALS

Last Buyer's Agent

JUSTIN DONNARUMMA

UNITED REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,925

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,925

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Somerset
  • Street Number Display: 2
  • I D: 5027602
  • Modified: 2022-02-19
  • Number Images: 1
  • Attribution Contact: 908-685-0700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 40X150
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Feb 5, 2021
Sold by
Basilone Michael J and Last Will & Testament Of Wayne
Bought by
Friedman Adam
Seller's Agent
Patrick Kelly
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
JUSTIN DONNARUMMA
UNITED REAL ESTATE
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%
Current Estimated Value
$561,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,416
Avg. Annual Appreciation
10.59%
Original Mortgage
$343,660
Interest Rate
2.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Friedman Adam $350,000 True North Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Adam $412,500
Previous Owner Friedman Adam $343,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $350,000 -10.0% --
02/14/2021 02/14/21 Pending -- -- --
10/25/2020 10/25/20 For Sale $389,000 -- --
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 $9,925 $332,400 $145,500 $186,900
2023 $9,463 $332,400 $145,500 $186,900
2022 $9,194 $332,400 $145,500 $186,900
2021 $8,641 $332,400 $145,500 $186,900
2020 $8,506 $332,400 $145,500 $186,900
2019 $8,476 $332,400 $145,500 $186,900
2018 $8,147 $332,400 $145,500 $186,900
2017 $7,931 $332,400 $145,500 $186,900
2016 $7,778 $332,400 $145,500 $186,900
2015 $7,449 $332,400 $145,500 $186,900
2014 $7,472 $332,400 $145,500 $186,900
Source: Public Records

Agents Affiliated with this Home

  • Patrick Kelly

    Seller's Agent in 2021

    Patrick Kelly

    RE/MAX

    (908) 285-0321

    10 in this area

    184 Total Sales

    Patrick Kelly
    Section Image

  • J

    Buyer's Agent in 2021

    JUSTIN DONNARUMMA

    UNITED REAL ESTATE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3674303

Garden State MLS

APN: 16-00088-0000-00009

New Jersey Somerset County Raritan 08869

2 2nd Ave, Raritan, NJ

This home is located at 2 2nd Ave, Raritan, NJ 08869 since 23 October 2020 and is currently estimated at $561,416. This property was built in 1910. 2 2nd Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

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