$580,000
SOLD FEB 21, 2025

262 Farragut Rd North Plainfield, NJ 07062

4 Beds
3 Baths
-- Sq Ft
0.33 Acres

Recently Sold

5% Above List Price

60 Days on Market

About This Home

As of February 2025

This home is located at 262 Farragut Rd, North Plainfield, NJ 07062 and is currently priced at $580,000. This property was built in 1961. 262 Farragut Rd is a home located in Somerset County with nearby schools including Somerset Intermediate School, North Plainfield Middle/High School, and North Plainfield Middle School.

Last Agent to Sell the Property

MARINA OCAMPO

COLDWELL BANKER REALTY Brokerage Phone: 732-494-7700 Listed on: 11/08/2024

Co-Listed By

WENDY ARCURE

COLDWELL BANKER REALTY Brokerage Phone: 732-494-7700

Last Buyer's Agent

Virendra Singh

RE/MAX FIRST REALTY II

RE/MAX FIRST REALTY II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,982

Year Built

  • Built in 1961

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,982

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • County Name: Somerset
  • Street Number Display: 262
  • I D: 5323528
  • Modified: 2025-02-23
  • Number Images: 1
  • Attribution Contact: 732-494-7700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 65X223
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Feb 19, 2025
Sold by
Ramos Lourdes and Edralin Roberto Z
Bought by
Sitaraman Saraswathi Arun and Sitaraman Seethalakshmi Swaminathan
Seller's Agent
MARINA OCAMPO
COLDWELL BANKER REALTY
Buyer's Agent
Virendra Singh
RE/MAX FIRST REALTY II
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%
Total Days on Market
60
Views
208
Current Estimated Value
$577,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,334
Avg. Annual Appreciation
-1.34%
Original Mortgage
$551,000
Outstanding Balance
$549,149
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$28,517

Purchase Details

Closed on
Mar 20, 2018
Sold by
Abary Renato and Ramos Lourdes
Bought by
Ramos Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,550
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 1998
Sold by
Coone Harold
Bought by
Abary Renato and Abary Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.92%
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $580,000 Stewart Title
Bargain Sale Deed $580,000 Stewart Title
Deed $125,311 None Available
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $551,000 New Conventional
Closed $551,000 New Conventional
Previous Owner $264,550 FHA
Previous Owner $143,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $580,000 +5.5% --
01/07/2025 01/07/25 Pending -- -- --
12/21/2024 12/21/24 For Sale $550,000 0.0% --
12/14/2024 12/14/24 Off Market $550,000 -- --
11/24/2024 11/24/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $550,000 -- --
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 $10,982 $252,000 $90,000 $162,000
2023 $10,707 $252,000 $90,000 $162,000
2022 $10,284 $252,000 $90,000 $162,000
2021 $10,153 $252,000 $90,000 $162,000
2020 $9,858 $252,000 $90,000 $162,000
2019 $9,596 $252,000 $90,000 $162,000
2018 $9,392 $252,000 $90,000 $162,000
2017 $9,513 $252,000 $90,000 $162,000
2016 $9,044 $252,000 $90,000 $162,000
2015 $10,500 $305,500 $143,000 $162,500
2014 $10,017 $305,500 $143,000 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3933467

Garden State MLS

APN: 14-00004-02-00004