NOT LISTED FOR SALE

280 Watson Ave Unit 86 Plainfield, NJ 07062

Estimated Value: $450,867 - $535,000

Studio
-- Bath
1,689 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2025

Last sale price $510,000 $302 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,323 / mo

16 Days on Market

About This Home

As of June 2025

This home is located at 280 Watson Ave Unit 86, Plainfield, NJ 07062 since 11 April 2025 and is currently estimated at $496,467, approximately $293 per square foot. This property was built in 1931. 280 Watson Ave Unit 86 is a home located in Union County with nearby schools including Emerson Community School, Maxson Middle School, and Plainfield High School.

Last Agent to Sell the Property

Ching Liang

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 732-548-5555 Listed on: 04/11/2025

ELITE REALTORS OF NEW JERSEY

Last Buyer's Agent

JUAN MARSHALL

SIGNATURE REALTY NJ

SIGNATURE REALTY NJ

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 10,803

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

10,803 Sq Ft Lot

Listing Details

  • Year Built: 1931
  • County Name: Union
  • I D: 5350685
  • Attribution Contact: 732-548-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 76X142 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jun 24, 2025
Sold by
Dong Xiao Juan and Dong Biyun
Bought by
Vargas Marcelino J
Seller's Agent
Ching Liang
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
JUAN MARSHALL
SIGNATURE REALTY NJ
List Price
$419,000
Sold Price
$510,000
Premium/Discount to List
$91,000
21.72%
Views
116
Current Estimated Value
$496,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,533
Avg. Annual Appreciation
-3.11%
Original Mortgage
$300,000
Outstanding Balance
$299,230
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$197,237

Purchase Details

Closed on
Jul 16, 2018
Sold by
Wilmington Savings Fund Society
Bought by
Dong Xiao Juan and Dong Biyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2017
Sold by
Gilbert Wilma
Bought by
Wilmington Savings Fund Society and Christiana Trust

Purchase Details

Closed on
Aug 14, 2007
Sold by
Maina George and Ocholla Barnabas O
Bought by
Gilbert Wilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2004
Sold by
Bennett Eric
Bought by
Maina George and Ocholla Barnabas O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,960
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2003
Sold by
Guy Reuben
Bought by
Bennett Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Vargas Marcelino J $510,000 Stewart Title Guaranty Company
Vargas Marcelino J $510,000 Stewart Title Guaranty Company
Dong Xiao Juan $190,000 Interstate 1St Title Agency
Wilmington Savings Fund Society $1,000 None Available
Gilbert Wilma $188,700 Old Republic National Title
Maina George $298,700 --
Bennett Eric $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Marcelino J $300,000
Closed Vargas Marcelino J $300,000
Previous Owner Dong Xiao Juan $110,000
Previous Owner Gilbert Wilma $150,000
Previous Owner Maina George $238,960
Previous Owner Bennett Eric $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2025 06/24/25 Sold $510,000 +21.7% $302 / Sq Ft
04/27/2025 04/27/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $419,000 -- $248 / Sq Ft
Source: Garden State MLS

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 $8,295 $95,000 $46,900 $48,100
2024 $8,214 $95,000 $46,900 $48,100
2023 $8,214 $95,000 $46,900 $48,100
2022 $8,036 $95,000 $46,900 $48,100
2021 $7,966 $95,000 $46,900 $48,100
2020 $7,943 $95,000 $46,900 $48,100
2019 $7,943 $95,000 $46,900 $48,100
2018 $7,777 $95,000 $46,900 $48,100
2017 $7,587 $95,000 $46,900 $48,100
2016 $7,432 $95,000 $46,900 $48,100
2015 $7,212 $95,000 $46,900 $48,100
2014 $7,017 $95,000 $46,900 $48,100
Source: Public Records

Agents Affiliated with this Home

  • Ching Liang

    Seller's Agent in 2025

    Ching Liang

    ELITE REALTORS OF NEW JERSEY

    (908) 385-1698

    4 in this area

    72 Total Sales

    Ching Liang
    Section Image
  • JUAN MARSHALL

    Buyer's Agent in 2025

    JUAN MARSHALL

    SIGNATURE REALTY NJ

    (718) 683-6092

    3 in this area

    25 Total Sales

    JUAN MARSHALL
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3956586

Garden State MLS

APN: 12-00407-0000-00008

New Jersey Union County Plainfield 07062

280 Watson Ave Unit 86, Plainfield, NJ

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