$216,042 - $361,000
RENTED FEB 1, 2025

40-3 Prospect St Metuchen, NJ 08840

1 Bed
1 Bath
-- Sq Ft
305 Sq Ft Lot

Highlights

  • Formal Dining Room
  • Heat Pump System
  • 1-Story Property
  • Edgar Middle School Rated A

About This Home

As of February 2025

Freshly renovated with new flooring and painted cabinets in the kitchen. First floor unit! Plenty of storage and ample parking. Close to everything! Available immediately

Last Agent to Rent the Property

WAYNE LOUX

RE/MAX 1st ADVANTAGE Listed on: 11/08/2024

RE/MAX 1st ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,100

Year Built

  • 1979

Lot Details

  • 305

Parking

  • On-Site Parking

Interior Spaces

  • 1-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heat Pump System

Community Details

  • Metuchen Gardens Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, hot water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,100

Year Built

1979

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Gas, Hot Water

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Metuchen Gardens
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: See Remarks
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built (Public Record): 1979

Interior Features

  • Room Kitchen Features: Separate Dining Area
  • Appliances: See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: See Remarks
  • Interior Amenities: 1 Bedroom, Bath Full, None
  • Stories: 1

Garage/Parking

  • Parking Features: On Site

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2004
Sold by
Cuadros Tarek
Bought by
Shamsi Razi
Current Estimated Value
$293,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$54,041
Interest Rate
5.84%
Estimated Equity
$240,027

Purchase Details

Closed on
Jun 14, 2002
Sold by
Carlucci Dominic
Bought by
Cuadros Tarek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.79%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Donnelly Cynthia
Bought by
Carlucci Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800
Interest Rate
8.21%
Source: Public Records

Range of Values:

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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
Shamsi Razi $165,000 --
Cuadros Tarek $105,000 --
Carlucci Dominic $77,662 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamsi Razi $105,000
Previous Owner Cuadros Tarek $94,500
Previous Owner Carlucci Dominic $69,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $1,850 0.0% --
01/08/2025 01/08/25 Price Changed $1,850 -7.5% --
11/08/2024 11/08/24 For Rent $2,000 -- --
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 $4,100 $61,000 $37,600 $23,400
2023 $3,886 $61,000 $37,600 $23,400
2022 $3,886 $61,000 $37,600 $23,400
2021 $2,820 $61,000 $37,600 $23,400
2020 $3,747 $61,000 $37,600 $23,400
2019 $3,560 $61,000 $37,600 $23,400
2018 $3,627 $61,000 $37,600 $23,400
2017 $3,520 $61,000 $37,600 $23,400
2016 $3,520 $61,000 $37,600 $23,400
2015 $3,442 $61,000 $37,600 $23,400
2014 $3,356 $61,000 $37,600 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2506117R

All Jersey MLS

APN: 09-00131-0000-00004-01-C2003