NOT LISTED FOR SALE

302 Walnut St Dunellen, NJ 08812

Estimated Value: $424,000 - $528,890

5 Beds
2 Baths
-- Sq Ft
5,014 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $395,000

Est. 15% increase in value since last sale

Current estimated payment $3,278/month

276 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • Hot Water Baseboard Heater

About This Home

As of September 2023

Good Investment 2 Family Home. Two long term tenants. New carpeting on 2nd floor. 4 bds on 2nd floor. One bedroom on first floor. Close to Dunellen Train Station and shopping. Showings are Saturday and Sunday only from 1pm to 5pm. One hour notice please. Tenants need 60 days' notice to vacate. The Homeowner will only consider Cash or conventional financing only. Seller will not make any repairs except what is needed for the C of O.The home does not have a laundry facility nor a bathroom in the basement.All offers will be sent to the sellers attorney Lee Lederman at 216 Stelton Rd. Piscataway NJ lee@ledermanlaw.com No more shwoings backup offers only.

Last Agent to Sell the Property

GEORGE COLAVITO

RE/MAX HOME PROS Listed on: 12/13/2022

RE/MAX HOME PROS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,436

Year Built

  • Built in 1950

Lot Details

  • 5,014 Sq Ft Lot
  • Lot Dimensions are 92.00 x 32.00
  • Corner Lot

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Radiator
  • Hot Water Baseboard Heater
  • Hot Water Heating System
  • Water Heater
  • Sewer Tap Fee

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,436

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1151
  • Lot Size: 92.00 x 32.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1950
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Water Heater(From Furnace), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks)
  • Has Basement: Full, Laundry Facilities
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(4 Bedrooms,Kitchen,1 Bath,Living Room)

Exterior Features

  • Lot Features: Corner Lot
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: Baseboard Hotwater, Hot Water, Zoned, Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer, Sewer Charge
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5014
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 9436
  • Tax Year: 2021

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Aug 3, 2023
Sold by
Mwaniki Mary
Bought by
Braimah Adamu S and Prince Mary K
Seller's Agent
GEORGE COLAVITO
RE/MAX HOME PROS
List Price
$480,000
Sold Price
$395,000
Premium/Discount to List
-$85,000
-17.71%
Views
732
Current Estimated Value
$452,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,473
Avg. Annual Appreciation
6.99%
Original Mortgage
$335,750
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
Grasso Andrew
Bought by
Mwaniki Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
6.91%
Mortgage Type
FHA
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
Braimah Adamu S $395,000 Simplicity Title
Braimah Adamu S $395,000 Simplicity Title
Mwaniki Mary $194,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braimah Adamu S $335,750
Previous Owner Mwaniki Mary $243,600
Previous Owner Mwaniki Mary $191,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $395,000 -1.3% --
06/06/2023 06/06/23 Price Changed $400,000 -16.7% --
12/13/2022 12/13/22 For Sale $480,000 -- --
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
2025 $10,662 $425,100 $111,700 $313,400
2024 $10,810 $425,100 $111,700 $313,400
2023 $10,810 $399,200 $111,700 $287,500
2022 $9,840 $356,400 $111,700 $244,700
2021 $8,580 $303,600 $111,700 $191,900
2020 $8,981 $276,500 $111,200 $165,300
2019 $8,580 $276,500 $111,200 $165,300
2018 $7,969 $59,000 $21,700 $37,300
2017 $7,646 $59,000 $21,700 $37,300
2016 $7,367 $59,000 $21,700 $37,300
2015 $7,184 $59,000 $21,700 $37,300
2014 $7,032 $59,000 $21,700 $37,300
Source: Public Records

Agents Affiliated with this Home

  • GEORGE COLAVITO

    Seller's Agent in 2023

    GEORGE COLAVITO

    RE/MAX

    (908) 342-2137

    1 in this area

    10 Total Sales

    GEORGE COLAVITO
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Map

Source: All Jersey MLS

MLS Number: 2306707R

All Jersey MLS

APN: 03-00075-0000-00019

New Jersey Middlesex County Dunellen 08812

302 Walnut St, Dunellen, NJ

This home is located at 302 Walnut St, Dunellen, NJ 08812 since 13 December 2022 and is currently estimated at $452,473. This property was built in 1950. 302 Walnut St is a home located in Middlesex County with nearby schools including John P. Faber Elementary School, Lincoln Middle School, and Dunellen High School.

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