$670,000
SOLD NOV 27, 2024

245 Forest Rd Fanwood, NJ 07023

-- Bed
-- Bath
-- Sq Ft
50 Sq Ft Lot

Recently Sold

2% Above List Price

15 Days on Market

About This Home

As of November 2024

This home is located at 245 Forest Rd, Fanwood, NJ 07023 and is currently priced at $670,000. This property was built in 1942. 245 Forest Rd is a home located in Union County with nearby schools including School #1 Elementary School, Park Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

Regina Alexis Gannon

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 10/09/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Lauren Calas

REALTY OF AMERICA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,341

Year Built

  • Built in 1942

Lot Details

  • 50 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,341

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • County Name: Union
  • Street Number Display: 245
  • I D: 5310481
  • Modified: 2024-11-27
  • Number Images: 29
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50 X 100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Nov 26, 2024
Sold by
Vitale Michael
Bought by
Pafumi Anthony and Pafumi Rachel
Seller's Agent
Regina Alexis Gannon
COLDWELL BANKER REALTY
Buyer's Agent
Lauren Calas
REALTY OF AMERICA
List Price
$659,000
Sold Price
$670,000
Premium/Discount to List
$11,000
1.67%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$569,500
Outstanding Balance
$567,511
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$112,682

Purchase Details

Closed on
Feb 3, 1982
Bought by
Vitale Michael
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $670,000 Acres Land Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $569,500 New Conventional
Closed $569,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Rent $2,650 0.0% --
11/27/2024 11/27/24 Sold $670,000 +1.7% --
10/24/2024 10/24/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $659,000 -- --
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 $10,341 $363,600 $210,000 $153,600
2023 $10,341 $363,600 $210,000 $153,600
2022 $10,206 $363,600 $210,000 $153,600
2021 $10,104 $363,600 $210,000 $153,600
2020 $9,806 $363,600 $210,000 $153,600
2019 $11,998 $81,900 $23,100 $58,800
2018 $11,909 $81,900 $23,100 $58,800
2017 $11,664 $81,900 $23,100 $58,800
2016 $11,314 $81,900 $23,100 $58,800
2015 $10,845 $81,900 $23,100 $58,800
2014 $10,726 $81,900 $23,100 $58,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lauren Calas

    REALTY OF AMERICA

    (908) 325-5300

    1 in this area

    13 Total Sales

    Lauren Calas
    Section Image
  • Regina Alexis Gannon

    Seller's Agent in 2024

    Regina Alexis Gannon

    COLDWELL BANKER REALTY

    (646) 319-9012

    8 in this area

    23 Total Sales

    Regina Alexis Gannon
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3928449

Garden State MLS

APN: 05-00013-0000-00008

New Jersey Union County Fanwood 07023

245 Forest Rd, Fanwood, NJ

This home is located at 245 Forest Rd, Fanwood, NJ 07023 and is currently priced at $670,000. This property was built in 1942. 245 Forest Rd 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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