NOT LISTED FOR SALE

3 Draeger Place South River, NJ 08882

Estimated Value: $547,750 - $586,000

4 Beds
2.5 Baths
1,774 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $460,000 $259 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,633/month

104 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Workshop
  • Property is near public transit
  • Granite Countertops
  • Formal Dining Room

About This Home

As of August 2022

Old World Charm Abounds In This Well-built Brick Cape (1947) With An Addition Of 2 Bedrooms And Full Bath. This Home Is Much Larger Than It Appears And Has A Lot Of Hidden Storage. Kitchen Has Been Remodeled Corian Counter Tops And Designer Cabinetry. Living Room With Fireplace And Hardwood Floors, Side Door To Covered Sunporch Great For Morning Coffee Or Tea Overlooking Side Yard. Formal Dining Room As Well As A Eat In Kitchen. Two Bedrooms On First Level And Two On Second With A Full Bath On Each Level. Basement Has Rec Room As Well As Workshop And Laundry Area And Additional Storage, Inside Entrance As Well As Exterior Entrance. Roof Replaced Eight Months Ago, Detached Oversized Two Car Garage "as Is Condition" Extended Driveway For Multiple Cars. Wonderful Neighborhood Close To Schools, Library And Shopping.

Last Agent to Sell the Property

Liz Bacorn

NON-MEMBER OFFICE Listed on: 04/26/2022

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,161

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 94x120

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Tandem Parking
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,774 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Basement Storage

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • Gas Water Heater
  • Sewer Tap Fee
  • Cable TV Available

Community Details

  • South River Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,161

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 94x120
  • Ownership: Fee Simple
  • Subdivision Name: South River Heights
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1947
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower, Tub Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen, Granite/Corian Countertops, Pantry
  • Appliances: Self Cleaning Oven, Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partially Finished, Interior Entry, Lavatory (No Sink), Exterior Entry, Recreation Room, Storage Space, Utility Room, Workshop
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 2 Bedrooms, Dining Room, Entrance Foyer, Kitchen, Living Room
  • Living Area: 1774
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping
  • Pool Features: None
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 1 Car Width, 3 Cars Deep, Detached, Oversized, See Remarks, Driveway, On Street, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Available, Sewer Charge
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Tax Info

  • Tax Annual Amount: 7161
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Aug 3, 2022
Sold by
Baier Allison K
Bought by
Moreira Silvanio E
Seller's Agent
Liz Bacorn
NON-MEMBER OFFICE
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Current Estimated Value
$548,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,235
Avg. Annual Appreciation
6.08%
Original Mortgage
$352,000
Outstanding Balance
$338,777
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$210,693
Source: Public Records

Range of Values:

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Average Value
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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
Moreira Silvanio E $460,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreira Silvanio E $352,000
Previous Owner Baier Allison K $126,850
Previous Owner Baier Allison $316,800
Previous Owner Devich Charles $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $460,000 -5.2% $259 / Sq Ft
07/01/2022 07/01/22 For Sale $485,000 0.0% $273 / Sq Ft
06/19/2022 06/19/22 Off Market $485,000 -- --
05/06/2022 05/06/22 Price Changed $485,000 -7.6% $273 / Sq Ft
04/26/2022 04/26/22 For Sale $525,000 -- $296 / Sq Ft
Source: All Jersey 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 $7,571 $306,400 $171,300 $135,100
2023 $7,571 $306,400 $171,300 $135,100
2022 $7,439 $306,400 $171,300 $135,100
2021 $6,762 $306,400 $171,300 $135,100
2020 $7,007 $306,400 $171,300 $135,100
2019 $5,931 $72,000 $26,000 $46,000
2018 $5,788 $72,000 $26,000 $46,000
2017 $5,576 $72,000 $26,000 $46,000
2016 $5,365 $72,000 $26,000 $46,000
2015 $5,245 $72,000 $26,000 $46,000
2014 $5,125 $72,000 $26,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2251374M

All Jersey MLS

APN: 23-00213-0000-00007