NOT LISTED FOR SALE

398 Timber Dr Berkeley Heights, NJ 07922

Estimated Value: $1,355,000 - $2,035,000

3 Beds
3 Baths
1,816 Sq Ft
$971/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $558,000 $307 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $10,209/month

17 Days on Market

About This Home

As of May 2023

This home is located at 398 Timber Dr, Berkeley Heights, NJ 07922 since 24 March 2023 and is currently estimated at $1,763,051, approximately $970 per square foot. This property was built in 1956. 398 Timber Dr is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Lynn Boyer

BHHS FOX & ROACH Brokerage Phone: 908-464-5200 Listed on: 03/24/2023

BHHS FOX & ROACH

Last Buyer's Agent

Nicole Schecter

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.7 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • County Name: Union
  • I D: 5209951
  • Attribution Contact: 908-464-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .703 AC
  • Total Acres: 0.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Little Bear Builders Llc
Bought by
Schwoer Kevin and Schwoer Joanne
Current Estimated Value
$1,763,051

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 15, 2023
Sold by
Pagano Kim
Bought by
Little Bear Builders Llc
Seller's Agent
Lynn Boyer
BHHS FOX & ROACH
Buyer's Agent
Nicole Schecter
COLDWELL BANKER REALTY
Sold Price
$558,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.61%
Original Mortgage
$1,007,281
Interest Rate
6.28%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 30, 1996
Sold by
Ameen Joyce
Bought by
Pagano Bruce and Pagano Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwoer Kevin $1,750,000 Fidelity National Title
Schwoer Kevin $1,750,000 Fidelity National Title
Little Bear Builders Llc $558,000 Acres Land Title
Little Bear Builders Llc $558,000 Acres Land Title
Pagano Bruce $250,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Bear Builders Llc $1,007,281
Previous Owner Pagano Bruce $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $558,000 -- $307 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
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 $12,968 $613,900 $187,200 $426,700
2024 $12,781 $302,500 $187,200 $115,300
2023 $12,781 $302,500 $187,200 $115,300
2022 $12,702 $302,500 $187,200 $115,300
2021 $12,632 $302,500 $187,200 $115,300
2020 $12,699 $302,500 $187,200 $115,300
2019 $12,635 $302,500 $187,200 $115,300
2018 $12,372 $302,500 $187,200 $115,300
2017 $12,221 $302,500 $187,200 $115,300
2016 $12,006 $302,500 $187,200 $115,300
2015 $11,940 $302,500 $187,200 $115,300
2014 $11,628 $302,500 $187,200 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3834773

Garden State MLS

APN: 01-02506-0000-00004