NOT LISTED FOR SALE

36 Washington Ave Unit 2 North Plainfield, NJ 07060

Estimated Value: $644,000 - $677,000

-- Bed
3 Baths
-- Sq Ft
0.55 Acres

Last Sold October 28, 2021

Last sale price $499,000

Est. 33% increase in value since last sale

Current estimated payment $5,054/month

48 Days on Market

About This Home

As of October 2021

This home is located at 36 Washington Ave Unit 2, North Plainfield, NJ 07060 since 24 August 2021 and is currently estimated at $662,724. This property was built in 1949. 36 Washington Ave Unit 2 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 Listed By

MEL ESPINOSA

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 08/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,343

Year Built

  • Built in 1949

Lot Details

  • 0.55 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,343

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • County Name: Somerset
  • Street Number Display: 36
  • I D: 5099052
  • Modified: 2022-10-29
  • Number Images: 1
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 100X240
  • Total Acres: 0.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 20, 2021
Sold by
R & M Rehab Llc
Bought by
Nieto Jeffrey and Menjivar Ariella J
Seller's Agent
MEL ESPINOSA
COLDWELL BANKER REALTY
Buyer's Agent
MEL ESPINOSA
COLDWELL BANKER REALTY
List Price
$529,000
Sold Price
$499,000
Premium/Discount to List
-$30,000
-5.67%
Total Days on Market
48
Current Estimated Value
$662,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,724
Avg. Annual Appreciation
8.30%
Original Mortgage
$489,961
Outstanding Balance
$451,618
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$211,106

Purchase Details

Closed on
Sep 14, 2020
Sold by
Stanwich Mortgage Loan Trust C and Carrington Mtg Services Llc
Bought by
R & M Rehab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2020
Sold by
Wilmington Savings Fund Society Fsb
Bought by
R & M Rehab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2018
Sold by
Us Bank Cust
Bought by
Cust Farooq and Mehr Shazia

Purchase Details

Closed on
Aug 17, 2017
Sold by
Ali Farooq and Mehr Shazia
Bought by
Wilmington Savings Fund Society and Stanwich Mortgage Loan Trust C

Purchase Details

Closed on
Jun 11, 2010
Sold by
Waters Richard T
Bought by
Ali Farooq and Mehr Shazia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,482
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1990
Sold by
Falk Alfred H and Falk Peter
Bought by
Waters Richard T

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Nieto Jeffrey $499,000 Suburban Title Examiners Inc
R & M Rehab Llc $252,500 None Listed On Document
R & M Rehab Llc $252,500 None Available
Cust Farooq -- None Available
Wilmington Savings Fund Society $10,000 None Available
Ali Farooq $340,000 Ticor
Waters Richard T $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nieto Jeffrey $489,961
Previous Owner R & M Rehab Llc $271,000
Previous Owner R & M Rehab Llc $271,000
Previous Owner Ali Farooq $335,482
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $499,000 -5.7% --
10/11/2021 10/11/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $529,000 -- --
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 $16,343 $375,000 $110,000 $265,000
2023 $15,934 $375,000 $110,000 $265,000
2022 $15,304 $375,000 $110,000 $265,000
2021 $11,080 $275,000 $110,000 $165,000
2020 $10,758 $275,000 $110,000 $165,000
2019 $10,472 $275,000 $110,000 $165,000
2018 $10,249 $275,000 $110,000 $165,000
2017 $10,381 $275,000 $110,000 $165,000
2016 $9,870 $275,000 $110,000 $165,000
2015 $9,452 $275,000 $110,000 $165,000
2014 $9,017 $275,000 $110,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3736921

Garden State MLS

APN: 14-00140-0000-00020