NOT LISTED FOR SALE

22 Morgan Ln Bridgewater, NJ 08807

Estimated Value: $574,219 - $648,000

3 Beds
2 Baths
1,590 Sq Ft
$379/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $435,000 $274 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,922/month

8 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Wood Flooring
  • Bridgewater-Raritan Middle School Rated A
  • Cathedral Ceiling
  • Attic

About This Home

As of January 2021

Welcome to this bright 3 bedroom and 2 full bath Custom Ranch in Bridgewater. A beautiful Open & spacious floor plan w/vaulted ceiling sets the tone for the whole house! The features include : Plenty of natural light, Open DR & LR w/vaulted ceiling, hardwood floors, Stone facade WB fireplace, recessed lights and ceiling fan. Updated Kitchen w/ SS appls, granite counters, skylights, sliding door leads to double tier large deck, direct garage & basement access. Master bedroom w/walk-in closet and full bath w/updated vanity, another sliding door leads to the deck. A full bath w/skylight, updated vanity. Good size laundry room. FULL basement for plenty of additional storage/living space in the future. Conveniently located for major highways, NJ transit, school bus, shopping.

Last Agent to Sell the Property

MIRA KIM

EXP REALTY, LLC Listed on: 11/05/2020

Last Buyer's Agent

MINDY ZHANG

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,023

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Level Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Ranch Style House
  • Wood Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Drapes & Rods
  • Living Room with Fireplace
  • Family or Dining Combination
  • Storage Room
  • Laundry Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Adamsville Elementary School
  • Hillside Middle School
  • Bridg-Rar High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2706-00225-0000-00007-0005-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,023

Year Built

Built in 1983

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1983
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer & dryer. Sliding door on the kitchen and Deck are in AS-IS.
  • Directions: Route 22 To Morgan Ln. Or Route 28 (Union ave.) To Morgan Ln.
  • I D: 5029974
  • First Name: MIRA
  • First Name3: MINDY
  • Last Name: KIM
  • Last Name3: ZHANG
  • Office Phone: 732-667-1931
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Microwave Oven, Range/Oven-Gas, Refrigerator, Sump Pump
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Drapes, Fire Extinguisher, Security System, Skylight, Smoke Detector, StallShw, TubShowr
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Dim: 19x10
  • Kitchen Level: First
  • Living Room Dim: 20x19
  • Living Room Level: First
  • Other Room1 Dim: 35x21
  • Other Room1 Level: Basement
  • Other Room 2: Storage Room
  • Other Room2 Dim: 40x17
  • Other Room2 Level: Basement
  • Other Room 3: Storage Room
  • Other Room3 Dim: 10x5
  • Other Room3 Level: First
  • Other Room 4: Laundry Room
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Kitchen, Laundry Room, LivDinRm
  • Level 2 Rooms: Attic
  • Phone: 732-560-0200

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Additional Parking

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 170
  • Association Maintenance Fee Frequency: Annually

Schools

  • High School: BRIDG-RAR
  • Middle Jr High School: HILLSIDE

Lot Info

  • Lot Size: .30AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7023
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2706-00225-0000-00007-0005-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.096
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: ADAMSVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 19, 2021
Sold by
Tang Chau Ngoc and Le Kimkhanh Thi
Bought by
Chen Ming and Qiu Wenzhen
Seller's Agent
MIRA KIM
EXP REALTY, LLC
Buyer's Agent
MINDY ZHANG
REALMART REALTY
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%
Current Estimated Value
$602,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,055
Avg. Annual Appreciation
6.96%
Original Mortgage
$300,000
Outstanding Balance
$267,231
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$334,824

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 28, 2020
Sold by
Tang Chau Ngoc and Le Kimkhanh Thi
Bought by
Chen Ming and Qiu Wenzhen
Seller's Agent
MIRA KIM
EXP REALTY, LLC
Buyer's Agent
MINDY ZHANG
REALMART REALTY
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$267,231
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$334,824

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 15, 2016
Sold by
Zapco Realty South Llc
Bought by
Tang Chau Ngoc and Le Kimkanh Thi
Seller's Agent
Mayer Stroh
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$337,250
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2016
Sold by
Bank Of America
Bought by
Zapco Reality South Llc

Purchase Details

Closed on
Oct 27, 2015
Sold by
Lobby Karen A and Lobby Kristina
Bought by
Bank Of America Na

Purchase Details

Closed on
May 2, 2008
Sold by
Lobby Karen A
Bought by
Lobby Karen A and Lobby Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,742
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Lobby Andrew C
Bought by
Lobby Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.53%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Ming $430,000 Fidelity National Title
Chen Ming $430,000 Title Authority Llc
Tang Chau Ngoc $355,000 Foundation Title Llc
Zapco Reality South Llc $212,500 None Available
Bank Of America Na $1,000 Attorney
Lobby Karen A -- None Available
Lobby Karen A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ming $300,000
Previous Owner Chen Ming $300,000
Previous Owner Tang Chau Ngoc $337,250
Previous Owner Lobby Karen A $354,742
Previous Owner Lobby Karen A $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2021 01/25/21 Sold $435,000 +1.2% $274 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $430,000 +21.1% $270 / Sq Ft
06/16/2016 06/16/16 Sold $355,000 -- $223 / Sq Ft View Prior Sale
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
2025 $8,730 $440,600 $165,600 $275,000
2024 $8,730 $442,900 $165,600 $277,300
2023 $7,769 $387,100 $165,600 $221,500
2022 $7,345 $352,100 $161,100 $191,000
2021 $7,201 $341,200 $161,100 $180,100
2020 $7,208 $338,700 $161,100 $177,600
2019 $7,201 $335,100 $161,100 $174,000
2018 $7,105 $331,400 $161,100 $170,300
2017 $6,318 $294,400 $161,100 $133,300
2016 $6,381 $301,700 $161,100 $140,600
2015 $6,375 $301,700 $161,100 $140,600
2014 $6,137 $286,100 $161,100 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3676611

Garden State MLS

APN: 06-00225-0000-00007-05