NOT LISTED FOR SALE

2 Kensington Terrace Maplewood, NJ 07040

Estimated Value: $1,095,000 - $1,176,583

5 Beds
5 Baths
2,060 Sq Ft
$560/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $970,000 $471 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,988/month

25 Days on Market

Highlights

  • Corner Lot
  • En-Suite Primary Bedroom
  • 4-minute walk to Ritzer Field
  • Clinton Elementary School Rated A-
  • Central Air

About This Home

As of June 2023

Gorgeous, completely renovated center hall colonial in the heart of Maplewood. This stately home is a beautiful blend of old world charm and modern convenience. Thru the front door you'll find a spacious formal living room w/ fireplace. Off this room is a covered side porch. To the left you'll find an open concept dining room and kitchen. The kitchen has a grand island with seating and all new cabinets, countertops, and appliances. A powder room completes this level. The 2nd floor has 3 spacious bedrooms, including a primary suite with private bath, and a separate 2nd full bath on this level. The 3rd floor has two additional bedrooms, full bath, plus storage closet. The basement is semi-finished with tons of possibilities. This area includes laundry room, powder room, utilities, and more. The fenced backyard is low maintenance, with a paver patio and access to the detached 2-car garage. Conveniently located near shopping, restaurants, parks, schools, and public transportation

Last Agent to Sell the Property

Issac Lichtenstadter

Nationwide Homes Realty Listed on: 05/05/2023

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,432

Lot Details

  • 6,551 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00234 / 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,432

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: None
  • Co List Office Phone: (732) 484-2890
  • MLS Status: Sold - Sold
  • Directions: USE GPS
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Transaction Broker, Seller Disclosure - No
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 6551.0

Tax Info

  • Tax Annual Amount: 19432.0
  • Tax Block: 00024
  • Tax Lot: 00234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 15, 2023
Sold by
2 Kensington Llc
Bought by
Dosanjh Gurpal and Dosanjh Kaitlyn R
Seller's Agent
Issac Lichtenstadter
Nationwide Homes Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$879,999
Sold Price
$970,000
Premium/Discount to List
$90,001
10.23%
Views
491
Current Estimated Value
$1,153,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,896
Avg. Annual Appreciation
7.50%
Original Mortgage
$620,000
Outstanding Balance
$604,596
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$549,300

Purchase Details

Closed on
Apr 26, 2022
Sold by
Alternative Loan Trust and Bank Of New York
Bought by
2 Kensington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 23, 2022
Sold by
County Of Essex
Bought by
Bank Of New York and Cwalt Inc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Doshi Nishith
Bought by
Horton Morris and Horton Kanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 1995
Sold by
Berkey Dorothy
Bought by
Doshi Nishith and Doshi Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.48%
Source: Public Records

Range of Values:

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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
Dosanjh Gurpal $970,000 Weichert Title
2 Kensington Llc $578,466 Milatead Michael J
Bank Of New York -- Bleiweis Kristen
Horton Morris $595,000 --
Doshi Nishith $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dosanjh Gurpal $620,000
Previous Owner 2 Kensington Llc $692,000
Previous Owner Horton Morris $476,000
Previous Owner Doshi Nishith $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold $970,000 +10.2% $471 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $879,999 +52.1% $427 / Sq Ft
06/28/2022 06/28/22 Sold $578,466 -10.3% $281 / Sq Ft View Prior Sale
05/25/2022 05/25/22 Pending -- -- --
03/24/2022 03/24/22 Price Changed $644,900 -5.1% $313 / Sq Ft
03/02/2022 03/02/22 Price Changed $679,900 -4.8% $330 / Sq Ft
02/02/2022 02/02/22 For Sale $713,900 -- $347 / Sq Ft
Source: New 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 $22,875 $966,100 $388,800 $577,300
2024 $22,875 $966,100 $388,800 $577,300
2023 $19,432 $551,100 $255,000 $296,100
2022 $19,432 $551,100 $255,000 $296,100
2021 $18,842 $551,100 $255,000 $296,100
2020 $18,308 $551,100 $255,000 $296,100
2019 $17,778 $551,100 $255,000 $296,100
2018 $17,321 $551,100 $255,000 $296,100
2017 $16,803 $551,100 $255,000 $296,100
2016 $14,862 $403,300 $185,100 $218,200
2015 $14,519 $403,300 $185,100 $218,200
2014 $14,212 $403,300 $185,100 $218,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23013382

New Jersey MLS

APN: 11-00024-06-00234