NOT LISTED FOR SALE

38 Mareu Dr Watchung, NJ 07069

Watchung Area

Estimated Value: $708,000 - $1,063,000

5 Beds
3 Baths
3,402 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2023

Last sale price $525,000 $154 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,086 / mo

37 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Main Floor Bedroom
  • Bayberry Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of January 2023

Nature abounds in this Colonial Cape expanded in 1986 framed by tall wood and evergreen trees. Situated on a quiet, private street with minimal traffic, this home is positioned to take full advantage of all this coveted community has to offer. 5 bedrooms and 3 full baths, 3402 sq ft. Expansive eat-in kitchen with vaulted ceilings, skylight and center island. Additional attics (off of Studio room upstairs). There is a meandering brook that runs through the back of the property. Convenient location close to routes to NYC, Newark Airport, shopping and restaurants.

Last Agent to Sell the Property

David Burke

RE/MAX PREMIER Brokerage Phone: 908-566-6990 Listed on: 06/07/2022

RE/MAX PREMIER

Last Buyer's Agent

David Burke

RE/MAX PREMIER Brokerage Phone: 908-566-6990 Listed on: 06/07/2022

RE/MAX PREMIER

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,832

Year Built

  • Built in 1945

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,402 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bayberry Elementary School
  • Vally View Middle School
  • Watchung High School

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2721-07402-0000-00008-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,832

Year Built

Built in 1945

Lot Details

1.5 Acres

Parking

4

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1945
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Bonnie Burn Rd to Mareu Dr
  • I D: 5143737
  • First Name: DAVID
  • First Name3: DAVID
  • Last Name: BURKE
  • Last Name3: BURKE
  • Office Phone: 908-754-1500
  • Office Phone3: 908-754-1500
  • Attribution Contact: 908-566-6990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Skylight
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Full, Walkout
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 20x20
  • Kitchen Level: First
  • Living Room Dim: 20x20
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 9x11
  • Other Room1 Level: Second
  • Other Room 2: SittngRm
  • Other Room2 Dim: 14x15
  • Other Room2 Level: Second
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Family Room, Kitchen, Living Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, SittngRm
  • Estimated Sq Ft: 3402
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Detached Garage
  • Number Garage Spaces: 4
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Schools

  • High School: WATCHUNG
  • Middle Jr High School: VALLY VIEW

Lot Info

  • Lot Size: 1.50 AC
  • Easement: Unknown
  • Lot Description: Level Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.50
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13832
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-07402-0000-00008-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.146
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: BAYBERRY

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2026
Sold by
Bought by
Current Estimated Value
$922,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$479,549
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$442,903

Purchase Details

Listed on
Jun 7, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
Seller's Agent
David Burke
RE/MAX PREMIER
Buyer's Agent
David Burke
RE/MAX PREMIER
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$472,500
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2011
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Watchung, NJ

  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    47 Total Sales

    3 in Watchung

    $437K - $940K Price Range

    Sean Quinn
     Section Image
  • Roseann O'Keefe Real Estate Agent - NextHome Premier

    Roseann O'Keefe

    Responds Quickly

    NextHome Premier

    (848) 800-4213

    159 Total Sales

    1 in Watchung

    $643,000 Price

    Roseann O'Keefe
     Section Image
  • Ashley Freitas Real Estate Agent - COMPASS NEW JERSEY, LLC

    Ashley Freitas

    Responds Quickly

    COMPASS NEW JERSEY, LLC

    (908) 443-9560

    104 Total Sales

    15 in Watchung

    $545K - $2.7M Price Range

    Ashley Freitas
     Section Image
  • Prachi Dharmadhikari Real Estate Agent - REWARDS REALTY LLC

    Prachi Dharmadhikari

    REWARDS REALTY LLC

    (973) 928-7711

    44 Total Sales

    1 in Watchung

    $1,475,000 Price

    Prachi Dharmadhikari
     Section Image
  • Christina Roche Real Estate Agent - NEXTHOME PREMIER

    Christina Roche

    NEXTHOME PREMIER

    (848) 281-0595

    80 Total Sales

    4 in Watchung

    $400K - $705K Price Range

    Christina Roche
     Section Image
  • Michele DiBenedetto Real Estate Agent - BHHS FOX & ROACH

    Michele DiBenedetto

    BHHS FOX & ROACH

    (862) 219-7563

    70 Total Sales

    1 in Watchung

    $936,000 Price

    Michele DiBenedetto
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title Guaranty Company
$525,000 Prestige Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $480,000
Previous Owner $472,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold $525,000 -1.9% $154 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $535,000 -- $157 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,073 $795,700 $320,500 $475,200
2025 $11,365 $618,500 $299,600 $318,900
2024 $11,365 $568,800 $274,400 $294,400
2023 $10,983 $538,100 $258,800 $279,300
2022 $14,215 $676,600 $267,200 $409,400
2021 $13,311 $657,100 $262,000 $395,100
2020 $13,832 $650,000 $260,700 $389,300
2019 $13,311 $641,500 $260,700 $380,800
2018 $12,605 $633,100 $258,100 $375,000
2017 $12,284 $620,700 $234,600 $386,100
2016 $12,740 $609,300 $234,600 $374,700
2015 $12,528 $591,500 $230,000 $361,500
2014 $12,162 $580,800 $230,000 $350,800
Source: Public Records

Agents Affiliated with this Home

  • David Burke Real Estate Agent - RE/MAX

    Seller's Agent in 2023

    David Burke

    RE/MAX

    (908) 566-6990

    137 Total Sales

    David Burke
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3787353

Garden State MLS

APN: 21-07402-0000-00008

New Jersey Somerset County Watchung 07069

38 Mareu Dr, Watchung, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.