NOT LISTED FOR SALE

2040 Us Highway 22 Scotch Plains, NJ 07076

Estimated Value: $687,000 - $1,999,124

-- Bed
-- Bath
1,056 Sq Ft
$1,272/Sq Ft Est. Value

About This Home

This home is located at 2040 Us Highway 22, Scotch Plains, NJ 07076 and is currently estimated at $1,343,062, approximately $1,271 per square foot. 2040 Us Highway 22 is a home with nearby schools including Evergreen Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Khalsa Enterprise Llc
Bought by
Khalsa Enterprise Llc
Current Estimated Value
$1,343,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Outstanding Balance
$1,798,928
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
-$455,866

Purchase Details

Closed on
Feb 13, 2009
Sold by
Vin Mat Inc
Bought by
Khalsa Enterprises Llc

Purchase Details

Closed on
Jul 26, 2001
Sold by
Gabriele Gerald
Bought by
Vin Mat Inc

Purchase Details

Closed on
May 17, 2001
Sold by
Hoyle Kevin D and Hoyle Sandra L
Bought by
Gabriele Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 7, 1998
Sold by
Hoyle Kevin D and Hoyle Sandra L
Bought by
The Hoyle Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khalsa Enterprise Llc -- Evident Title Agency Inc
Khalsa Enterprises Llc -- None Available
Vin Mat Inc $680,000 --
Gabriele Gerald $850,000 Ticor Title Insurance Compan
The Hoyle Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabriele Gerald $680,000
Source: Public Records

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 $51,132 $434,500 $148,500 $286,000
2024 $49,624 $434,500 $148,500 $286,000
2023 $49,624 $434,500 $148,500 $286,000
2022 $49,033 $434,500 $148,500 $286,000
2021 $48,951 $434,500 $148,500 $286,000
2020 $48,716 $434,500 $148,500 $286,000
2019 $48,356 $434,500 $148,500 $286,000
2018 $47,543 $434,500 $148,500 $286,000
2017 $46,487 $434,500 $148,500 $286,000
2016 $45,592 $434,500 $148,500 $286,000
2015 $44,845 $434,500 $148,500 $286,000
2014 $43,367 $434,500 $148,500 $286,000
Source: Public Records

Map

New Jersey Union County Scotch Plains 07076

2040 Us Highway 22, Scotch Plains, NJ

This home is located at 2040 Us Highway 22, Scotch Plains, NJ 07076 and is currently estimated at $1,343,062, approximately $1,271 per square foot. 2040 Us Highway 22 is a home with nearby schools including Evergreen Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes