NOT LISTED FOR SALE

248 2nd Ave Garwood, NJ 07027

Estimated Value: $727,000 - $875,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 03, 2021

Last sale price $640,000

Est. 28% increase in value since last sale

Current estimated payment $5,617/month

6 Days on Market

About This Home

As of May 2021

This home is located at 248 2nd Ave, Garwood, NJ 07027 since 11 February 2021 and is currently estimated at $816,846. This property was built in 1970. 248 2nd Ave is a home located in Union County with nearby schools including Lincoln Franklin Elementary, Christopher Academy Montessori, and St Michael School.

Last Agent to Sell the Property

Tom Ramos

RAMOS REAL ESTATE INC Brokerage Phone: 908-851-0320 Listed on: 02/11/2021

Last Buyer's Agent

ANTONIA LAZZARO

C-21 JOHN ANTHONY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,988

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,988

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • County Name: Union
  • Street Number Display: 248
  • I D: 5047319
  • Modified: 2022-05-04
  • Number Images: 1
  • Attribution Contact: 908-851-0320
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 45X150
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 23, 2021
Sold by
Williams Brian S and Dixon Coralee Mae
Bought by
Pontoriero Joseph and Pontoriero Pasquale
Seller's Agent
Tom Ramos
RAMOS REAL ESTATE INC
Buyer's Agent
ANTONIA LAZZARO
C-21 JOHN ANTHONY
List Price
$619,000
Sold Price
$640,000
Premium/Discount to List
$21,000
3.39%
Current Estimated Value
$816,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,846
Avg. Annual Appreciation
5.81%
Original Mortgage
$420,000
Outstanding Balance
$380,848
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$435,998

Purchase Details

Closed on
Jun 16, 2010
Sold by
Knob Damien and Knob Tara J
Bought by
Williams Brian S and Dixon Coralee Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,116
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2004
Sold by
Pankiewitz Robert
Bought by
Pankiewitz Tara and Knob Damien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,145
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2000
Sold by
Pankiewitz Carol Ann
Bought by
Pankiewitz Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Pontoriero Joseph $640,000 All Ahead Title Agency
Williams Brian S $492,500 None Available
Pankiewitz Tara $337,269 --
Pankiewitz Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pontoriero Joseph $420,000
Previous Owner Williams Brian S $387,000
Previous Owner Williams Brian S $430,266
Previous Owner Williams Brian S $471,116
Previous Owner Knob Damien M $388,000
Previous Owner Knob Tara Joy $388,000
Previous Owner Pankiewitz Tara $348,145
Previous Owner Pankiewitz Robert J $135,000
Previous Owner Pankiewitz Robert J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $640,000 +3.4% --
02/17/2021 02/17/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $619,000 -- --
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 $13,988 $517,300 $167,700 $349,600
2023 $13,988 $517,300 $167,700 $349,600
2022 $13,615 $517,300 $167,700 $349,600
2021 $13,233 $517,300 $167,700 $349,600
2020 $13,020 $517,300 $167,700 $349,600
2019 $15,515 $153,300 $42,900 $110,400
2018 $15,184 $153,300 $42,900 $110,400
2017 $14,816 $153,300 $42,900 $110,400
2016 $14,435 $153,300 $42,900 $110,400
2015 $14,249 $153,300 $42,900 $110,400
2014 $13,739 $153,300 $42,900 $110,400
Source: Public Records

Agents Affiliated with this Home

  • Tom Ramos

    Seller's Agent in 2021

    Tom Ramos

    RAMOS REAL ESTATE INC

    (908) 416-4600

    2 in this area

    70 Total Sales

    Tom Ramos
    Section Image

  • A

    Buyer's Agent in 2021

    ANTONIA LAZZARO

    C-21 JOHN ANTHONY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3691833

Garden State MLS

APN: 06-00205-0000-00028

New Jersey Union County Garwood 07027

248 2nd Ave, Garwood, NJ

This home is located at 248 2nd Ave, Garwood, NJ 07027 since 11 February 2021 and is currently estimated at $816,846. This property was built in 1970. 248 2nd Ave is a home located in Union County with nearby schools including Lincoln Franklin Elementary, Christopher Academy Montessori, and St Michael School.

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