NOT LISTED FOR SALE

348 Lincoln Ave E Cranford, NJ 07016

Estimated Value: $661,363 - $880,000

4 Beds
1.5 Baths
1,642 Sq Ft
$463/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $430,000 $262 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,067/month

146 Days on Market

Highlights

  • Above Ground Pool
  • 0.23 Acre Lot
  • Attic
  • Cranford Sr High School Rated A-
  • Colonial Architecture
  • 4-minute walk to Sherman Park

About This Home

As of February 2020

CIRCA 1912 COLONIAL ONE FAMILY HOME SITUATED ON 10 000 SQ.FT FEATURING 4 BR'S, 1.5 BATHS, EAT-IN KITCHEN, FORMAL DINING ROOM, LIVING ROOM, FINISHED BSMT,PARK LIKE YARD, LOCATED NEAR DOWNTOWN CRANFORD, NYC TRANSPORTATION, SCHOOLS & PARKS. In 2018, The Star-Ledger named Cranford the best downtown in New Jersey, calling it "adorable [and] snowglobe-like." New Jersey Monthly magazine ranked Cranford as its 34th best place to live in its 2010 rankings of the "Best Places To Live".

Last Agent to Sell the Property

JAMES SUCATO

PROPERTY SHOP INC Listed on: 08/27/2019

Last Buyer's Agent

JAMES SUCATO

PROPERTY SHOP INC Listed on: 08/27/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,041

Year Built

  • Built in 1912

Lot Details

  • 10,000

Home Design

  • Colonial Architecture

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Schools

  • Hillside Elementary School
  • Cranford High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Additional Features

  • Above Ground Pool
  • 10,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2903-00503-0000-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,041

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1912
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 348
  • Directions: CENTENNIAL AVE TO LINCOLN AVE EAST
  • I D: 4925130
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: JAMES
  • First Name3: JAMES
  • Last Name: SUCATO
  • Last Name3: SUCATO
  • Office Phone: 201-339-7555
  • Office Phone3: 201-339-7555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Interior Amenities: JacuzTyp
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished
  • Basement Level Rooms: Living Room, Family Room
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x10
  • Kitchen Level: First
  • Living Room Dim: 13x13
  • Living Room Level: First
  • Level 1 Rooms: Foyer, Living Room, Dining Room, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Level 3 Rooms: 1 Bedroom, Attic
  • Phone: 201-339-7555

Exterior Features

  • Exterior Description: Stucco
  • Pool: Yes
  • Pool Description: Above Ground
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: Hillside
  • High School: Cranford HS
  • High School: Cranford HS

Lot Info

  • Lot Size: 10000 SF
  • Assessed Improvement Value: 85400
  • Assessed Land Value: 68600
  • Assessment: 154000
  • Easement: Unknown
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10041
  • Assessor Parcel Number: 2903-00503-0000-00004-0000-
  • Tax Rate Amount: 6.402
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Hillside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jan 31, 2020
Sold by
Appleby Diane and Estate Of Sharon A Appleby
Bought by
Luchtenburg Dirk Martin and Conserge Luchtenburg Olga
Seller's Agent
JAMES SUCATO
PROPERTY SHOP INC
Buyer's Agent
JAMES SUCATO
PROPERTY SHOP INC
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Current Estimated Value
$760,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,341
Avg. Annual Appreciation
11.30%
Original Mortgage
$344,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2000
Sold by
Jacobs Todd
Bought by
Appleby Sharon A

Purchase Details

Closed on
Aug 9, 1999
Sold by
Appleby Sharon A
Bought by
Jacobs Todd

Purchase Details

Closed on
May 12, 1998
Sold by
Ericsson Richard J
Bought by
Appleby Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,200
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Luchtenburg Dirk Martin $430,000 Chicago Title Insurance Co
Appleby Sharon A -- --
Jacobs Todd -- --
Appleby Sharon A $104,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luchtenburg Dirk Martin $334,000
Closed Luchtenburg Dirk Martin $344,000
Previous Owner Appleby Sharon A $120,000
Previous Owner Aappleby Sharon $60,000
Previous Owner Jacobs Todd $196,301
Previous Owner Appleby Sharon A $152,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2020 02/04/20 Sold $430,000 0.0% $262 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
10/26/2019 10/26/19 Price Changed $430,000 -6.5% $262 / Sq Ft
10/05/2019 10/05/19 Price Changed $460,000 -5.0% $280 / Sq Ft
09/24/2019 09/24/19 Price Changed $484,000 -3.0% $295 / Sq Ft
08/27/2019 08/27/19 For Sale $499,000 -- $304 / Sq Ft
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 $10,267 $154,000 $68,600 $85,400
2023 $10,267 $154,000 $68,600 $85,400
2022 $10,182 $154,000 $68,600 $85,400
2021 $10,138 $154,000 $68,600 $85,400
2020 $10,105 $154,000 $68,600 $85,400
2019 $10,041 $154,000 $68,600 $85,400
2018 $9,859 $154,000 $68,600 $85,400
2017 $9,520 $154,000 $68,600 $85,400
2016 $9,174 $154,000 $68,600 $85,400
2015 $8,934 $154,000 $68,600 $85,400
2014 $8,750 $154,000 $68,600 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3582918

Garden State MLS

APN: 03-00503-0000-00004