NOT LISTED FOR SALE

Estimated Value: $980,000 - $1,677,358

1.07 Acres
$1,319,944 Price per Acre
46,609 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $225,000 $67 Per Sq Ft

Est. 549% increase in value since last sale

Current estimated payment $9,719/month

215 Days on Market

Highlights

  • Beach Access
  • No HOA
  • Level Lot
  • Wetlands on Lot
  • Property is near shops

About This Lot

As of August 2021

Beautiful property in Cranbury ready for a new build! Just over an acre, in the past, this lot had a 3,000 square foot house with walls of windows to highlight the beautiful trees and foliage. This is the perfect opportunity to create your dream home with today's lifestyle in mind. Conveniently located to shopping, recreational facilities and major roadways, this Cranbury location is the perfect setting!

Last Agent to Sell the Property

Jane Walters

William Pitt Sotheby's Int'l License #RES.0749766 Listed on: 01/13/2021

William Pitt Sotheby's Int'l

Last Buyer's Agent

T.R. Durkin

William Raveis Real Estate License #RES.0200110

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,381

Lot Details

  • 1.07 Acre Lot
  • Level Lot
  • Property is zoned A3

Schools

  • Cranbury Elementary School
  • West Rocks Middle School
  • Norwalk High School

Additional Features

  • Property is near shops
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$4,381

Lot Details

0

Listing Details

  • Neighborhood: Cranbury
  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Health Club, Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: Residential Land
  • Direct Waterfront: No
  • Directions: Bayne Street to East Rocks Road. Lot will be on the right.
  • Special Features: None

Exterior Features

  • Waterfront Description: Beach Rights
  • Road Frontage Description: Paved Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Septic
  • Utilities Available: Electric Available, Cable Available
  • Septic Approval: No
  • Septic Plan Available: No

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 1.0700
  • Lot Description: Some Wetlands, Level Lot, Sloping Lot
  • Lot Improvements: Approved Building Lot
  • Lots Number Of: 1
  • Subdividable Ynu: No
  • Zoning: A3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4381
  • Mil Rate Base: 22.250
  • Mil Rate Tax District: 1.356
  • Assessor Parcel Number: 242544

MLS Schools

  • Elementary School: Cranbury
  • Middle Jr High School: West Rocks
  • High School: Norwalk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Aug 23, 2021
Sold by
David X Manners T
Bought by
Bardin Kelly A
Seller's Agent
Jane Walters
William Pitt Sotheby's Int'l
Buyer's Agent
T.R. Durkin
William Raveis Real Estate
List Price
$237,000
Sold Price
$225,000
Premium/Discount to List
-$12,000
-5.06%
Current Estimated Value
$1,459,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,234,683
Avg. Annual Appreciation
52.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bardin Kelly A $225,000 None Available
Bardin Kelly A $225,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $225,000 -5.1% $67 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $237,000 -- $70 / Sq Ft
Source: SmartMLS

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 $25,036 $1,054,600 $231,350 $823,250
2024 $5,408 $231,350 $231,350 $0
2023 $4,633 $185,580 $185,580 $0
2022 $4,561 $185,600 $185,600 $0
2021 $4,383 $185,580 $185,580 $0
2020 $4,381 $185,580 $185,580 $0
2019 $4,231 $185,580 $185,580 $0
2018 $4,668 $180,020 $180,020 $0
2017 $4,197 $180,020 $180,020 $0
2016 $4,580 $180,020 $180,020 $0
2015 $4,113 $180,020 $180,020 $0
2014 $4,508 $180,020 $180,020 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170365425

SmartMLS

APN: NORW-000005-000023-000046