NOT LISTED FOR SALE

214 Prospect Ave Cranford, NJ 07016

Estimated Value: $649,000 - $1,160,000

-- Bed
-- Bath
3,053 Sq Ft
$311/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $785,000 $257 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,772/month

17 Days on Market

About This Home

As of January 2023

This home is located at 214 Prospect Ave, Cranford, NJ 07016 since 02 November 2022 and is currently estimated at $950,714, approximately $311 per square foot. This property was built in 1967. 214 Prospect Ave is a home located in Union County with nearby schools including Cranford Sr High School and St Michael School.

Last Agent to Sell the Property

Scott Gleason

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 11/02/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Michael Martinetti

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,074

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,074

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • County Name: Union
  • Street Number Display: 214
  • I D: 5187391
  • Modified: 2024-01-21
  • Number Images: 1
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 12400 SF
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 18, 2023
Sold by
Frangella Thomas Joseph and Frangella Lucille
Bought by
Nelson Felix
Seller's Agent
Scott Gleason
COLDWELL BANKER REALTY
Buyer's Agent
Michael Martinetti
KELLER WILLIAMS REALTY
List Price
$800,000
Sold Price
$785,000
Premium/Discount to List
-$15,000
-1.88%
Views
42
Current Estimated Value
$950,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,714
Avg. Annual Appreciation
7.76%
Original Mortgage
$705,127
Outstanding Balance
$686,820
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$259,411
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Nelson Felix $785,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Felix $705,127
Previous Owner Frangella Joseph $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $785,000 -1.9% $257 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $800,000 -- $262 / 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
2024 $18,074 $271,100 $92,000 $179,100
2023 $18,074 $271,100 $92,000 $179,100
2022 $17,925 $271,100 $92,000 $179,100
2021 $17,847 $271,100 $92,000 $179,100
2020 $17,790 $271,100 $92,000 $179,100
2019 $17,676 $271,100 $92,000 $179,100
2018 $17,356 $271,100 $92,000 $179,100
2017 $16,759 $271,100 $92,000 $179,100
2016 $16,149 $271,100 $92,000 $179,100
2015 $15,727 $271,100 $92,000 $179,100
2014 $15,404 $271,100 $92,000 $179,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Gleason

    Seller's Agent in 2023

    Scott Gleason

    COLDWELL BANKER REALTY

    (908) 698-2630

    4 in this area

    64 Total Sales

    Scott Gleason
    Section Image
  • Michael Martinetti

    Buyer's Agent in 2023

    Michael Martinetti

    KELLER WILLIAMS REALTY

    (908) 514-4869

    18 in this area

    1,179 Total Sales

    Michael Martinetti
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3815928

Garden State MLS

APN: 03-00266-0000-00002

New Jersey Union County Cranford 07016

214 Prospect Ave, Cranford, NJ

This home is located at 214 Prospect Ave, Cranford, NJ 07016 since 02 November 2022 and is currently estimated at $950,714, approximately $311 per square foot. This property was built in 1967. 214 Prospect Ave is a home located in Union County with nearby schools including Cranford Sr High School and St Michael School.

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