NOT LISTED FOR SALE

214 N Martine Ave Fanwood, NJ 07023

Estimated Value: $679,709 - $795,000

-- Bed
-- Bath
3,822 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $537,500 $141 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,248/month

54 Days on Market

Highlights

  • Property is near public transit
  • Central Air
  • 1-Story Property
  • School #1 Elementary School Rated A
  • Hot Water Baseboard Heater
  • 4-minute walk to Forest Road Park

About This Home

As of March 2021

Money Making 2 UNIT Building. Upper Level is currently a 1911 Sq Ft Doctor's Office. Lower Level is a Large 2 Bedroom 1911 Sq Ft Renovated Apartment with Separate Entrance. Dining Room can be a 3rd Bedroom. Past Rental Income from Apartment was $2300. Office can rent for $2700 a month. Fully Rented can generate Potential Income of $60,000 a year. Currently the Office space has a Large Waiting Area, 3 Offices, 6 Exam Rooms & 2 Half Baths. Can be modified for other uses, Perfect for Doctors, CPA, Lawyers & Other Professions. Also great for Owner Occupants, Live in the Apartment & Rent the Upper Level to pay the mortgage. Great Location in Desirable Fanwood, Highly Rated Schools, Corner Lot, High Visibility. 8+ Car Parking. Commuters Dream Only 6 Blocks to Fanwood Train Station.

Last Agent to Sell the Property

Nadeem Qavi

RE/MAX COMPETITIVE EDGE Listed on: 12/16/2020

RE/MAX COMPETITIVE EDGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,042

Year Built

  • Built in 1967

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 100x105

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,822 Sq Ft Home
  • 1-Story Property

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Kitchen in Basement
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Laundry in Basement

Location

  • Property is near public transit

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Water Heater

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,042

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Lot Size: 100x105
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1967
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Water Heater(See Remarks), Water Heater
  • Has Basement: Full, Finished, Bath Full, Bedroom, Exterior Entry, Kitchen, Laundry Facilities
  • Interior Amenities: Unit 1(See Remarks), Unit 2(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 3822
  • Stories: 1

Exterior Features

  • Lot Features: Near Train
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - Some
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 10498

Tax Info

  • Tax Annual Amount: 12042
  • Tax Year: 2020

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 24, 2021
Sold by
Apuzzio Robert A and Apuzzio Doreen G
Bought by
Slocam Realty Llc
Seller's Agent
Nadeem Qavi
RE/MAX COMPETITIVE EDGE
List Price
$537,500
Sold Price
$537,500
Current Estimated Value
$756,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,927
Avg. Annual Appreciation
6.90%
Source: Public Records

Range of Values:

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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
Slocam Realty Llc $537,500 Stewart Title Guaranty Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $537,500 0.0% $141 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $537,500 -- $141 / Sq Ft
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
2024 $12,698 $446,500 $235,800 $210,700
2023 $12,698 $446,500 $235,800 $210,700
2022 $12,533 $446,500 $235,800 $210,700
2021 $12,408 $446,500 $235,800 $210,700
2020 $12,042 $446,500 $235,800 $210,700
2019 $16,686 $113,900 $40,700 $73,200
2018 $16,562 $113,900 $40,700 $73,200
2017 $16,222 $113,900 $40,700 $73,200
2016 $15,734 $113,900 $40,700 $73,200
2015 $15,083 $113,900 $40,700 $73,200
2014 $14,917 $113,900 $40,700 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Nadeem Qavi

    Seller's Agent in 2021

    Nadeem Qavi

    RE/MAX

    2 in this area

    28 Total Sales

    Nadeem Qavi
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Map

Source: All Jersey MLS

MLS Number: 2110019

All Jersey MLS

APN: 05-00014-0000-00019

New Jersey Union County Fanwood 07023

214 N Martine Ave, Fanwood, NJ

This home is located at 214 N Martine Ave, Fanwood, NJ 07023 since 16 December 2020 and is currently estimated at $756,427, approximately $197 per square foot. This property was built in 1967. 214 N Martine Ave is a home located in Union County with nearby schools including School #1 Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

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