NOT LISTED FOR SALE

365 Forest Rd Unit 2 Scotch Plains, NJ 07076

Estimated Value: $570,203 - $958,000

-- Bed
1 Bath
-- Sq Ft
0.28 Acres

Last Sold February 20, 2024

Last sale price $660,000

Est. 11% increase in value since last sale

Current estimated payment $4,918/month

14 Days on Market

About This Home

As of February 2024

This home is located at 365 Forest Rd Unit 2, Scotch Plains, NJ 07076 since 27 October 2023 and is currently estimated at $733,801. This property was built in 1955. 365 Forest Rd Unit 2 is a home located in Union County with nearby schools including School One Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

Don Villane

WEICHERT REALTORS Brokerage Phone: 908-654-7777 Listed on: 10/27/2023

WEICHERT REALTORS

Last Buyer's Agent

ROBERT LYSZCZARZ

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,651

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,651

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • County Name: Union
  • I D: 5252944
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 67 X 182
  • Total Acres: 0.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 20, 2024
Sold by
Root Robert
Bought by
Elangovan Malar and Kasi Arunodayam
Seller's Agent
Don Villane
WEICHERT REALTORS
Buyer's Agent
ROBERT LYSZCZARZ
RE/MAX SELECT
List Price
$599,000
Sold Price
$660,000
Premium/Discount to List
$61,000
10.18%
Views
119
Current Estimated Value
$733,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,801
Avg. Annual Appreciation
6.24%
Original Mortgage
$495,000
Outstanding Balance
$486,334
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$247,467

Purchase Details

Closed on
Apr 30, 2018
Sold by
Natale Propertties Llc
Bought by
Root Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2018
Sold by
Yannuzzi Patrick F and Yannuzzi Patricia
Bought by
Natale Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1996
Sold by
Yannuzzi Patrick F and Yannuzzi Angelina
Bought by
Yannuzzi Angelina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Elangovan Malar $660,000 Foundation Title
Elangovan Malar $660,000 Foundation Title
Root Robert $450,000 Acres Land Title Agency Inc
Natale Properties Llc $360,000 Acres Land Title Agency Inc
Yannuzzi Angelina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elangovan Malar $495,000
Closed Elangovan Malar $495,000
Previous Owner Root Robert $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $660,000 +10.2% --
11/10/2023 11/10/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $599,000 -- --
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
2025 $12,651 $107,500 $29,600 $77,900
2024 $12,278 $107,500 $29,600 $77,900
2023 $12,278 $107,500 $29,600 $77,900
2022 $12,131 $107,500 $29,600 $77,900
2021 $12,111 $107,500 $29,600 $77,900
2020 $12,053 $107,500 $29,600 $77,900
2019 $11,964 $107,500 $29,600 $77,900
2018 $11,763 $107,500 $29,600 $77,900
2017 $11,501 $107,500 $29,600 $77,900
2016 $11,280 $107,500 $29,600 $77,900
2015 $10,845 $107,500 $29,600 $77,900
2014 $10,480 $107,500 $29,600 $77,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Don Villane

    WEICHERT REALTORS

    (908) 347-1181

    9 in this area

    43 Total Sales

    Don Villane
    Section Image

  • R

    Buyer's Agent in 2024

    ROBERT LYSZCZARZ

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3871943

Garden State MLS

APN: 16-01602-0000-00004

New Jersey Union County Scotch Plains 07076

365 Forest Rd Unit 2, Scotch Plains, NJ

Not Listed for Sale

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