NOT LISTED FOR SALE

361 Watchung Ave North Plainfield, NJ 07060

Estimated Value: $530,550 - $601,000

-- Bed
-- Bath
2,476 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $430,000 $174 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,425/month

124 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot

About This Home

As of January 2022

Multi Family Opportunity!Each Unit features 2 bedrooms, living room, dining room and kitchen and bathroom. Upstairs unit can be rented with possible studio in attic, or attic can be rented as its own!

Last Listed By

Gabriela Gomez

RE/MAX SELECT Listed on: 08/12/2021

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,316

Year Built

  • Built in 1924

Lot Details

  • 6,199 Sq Ft Lot
  • Lot Dimensions are 124.00 x 50.00
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Water Heater

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(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,316

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1423
  • Lot Size: 124.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1924
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Partially Finished, Full, None
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 2476
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Detached, 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6199

Tax Info

  • Tax Annual Amount: 13316
  • Tax Year: 2020

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
Aug 12, 2021
Closed on
Jan 14, 2022
Sold by
Hernandez Mentor
Bought by
Deavilar Ronald Dias and Sousa Jerry Adriano
Seller's Agent
Gabriela Gomez
RE/MAX SELECT
List Price
$430,000
Sold Price
$430,000
Total Days on Market
124
Current Estimated Value
$568,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,138
Avg. Annual Appreciation
10.79%
Original Mortgage
$422,211
Outstanding Balance
$398,306
Interest Rate
3.45%
Estimated Equity
$210,287

Purchase Details

Listed on
Aug 9, 2021
Closed on
Nov 3, 2021
Sold by
Mentor Hernandez
Bought by
Sousa Jerry Adriano and Deavilar Ronald Dias
Seller's Agent
Gabriela Gomez
RE/MAX SELECT
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$422,211
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2002
Sold by
Gilbert Nicholas
Bought by
Hernandez Mentor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
7.18%

Purchase Details

Closed on
Nov 17, 1998
Sold by
Hlopak Loretta
Bought by
Gilbert Nicholas and Nicholas Marissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.83%
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
Sousa Jerry Adriano $430,000 Stewart Title Guaranty Company
Hernandez Mentor $184,000 --
Gilbert Nicholas $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sousa Jerry Adriano $422,211
Previous Owner Hernandez Mentor $318,250
Previous Owner Gilbert Nicholas $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Off Market $430,000 -- --
01/13/2022 01/13/22 Sold $430,000 0.0% $174 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $430,000 -- $174 / 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 $14,835 $340,400 $66,000 $274,400
2023 $14,464 $340,400 $66,000 $274,400
2022 $13,892 $340,400 $66,000 $274,400
2021 $13,715 $340,400 $66,000 $274,400
2020 $13,316 $340,400 $66,000 $274,400
2019 $12,962 $340,400 $66,000 $274,400
2018 $12,687 $340,400 $66,000 $274,400
2017 $12,850 $340,400 $66,000 $274,400
2016 $12,217 $340,400 $66,000 $274,400
2015 $11,700 $340,400 $66,000 $274,400
2014 $11,162 $340,400 $66,000 $274,400
Source: Public Records

Agents Affiliated with this Home

  • Gabriela Gomez

    Seller's Agent in 2022

    Gabriela Gomez

    RE/MAX

    8 in this area

    49 Total Sales

    Gabriela Gomez
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Map

Source: All Jersey MLS

MLS Number: 2202389R

All Jersey MLS

APN: 14-00070-02-00002

New Jersey Somerset County North Plainfield 07060

361 Watchung Ave, North Plainfield, NJ

This home is located at 361 Watchung Ave, North Plainfield, NJ 07060 since 12 August 2021 and is currently estimated at $568,138, approximately $229 per square foot. This property was built in 1924. 361 Watchung Ave is a home located in Somerset County with nearby schools including Somerset Intermediate School, North Plainfield Middle/High School, and North Plainfield Middle School.

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