NOT LISTED FOR SALE

40 Washington Ave Unit 13 Milltown, NJ 08850

Estimated Value: $390,273 - $425,000

2 Beds
2.5 Baths
1,272 Sq Ft
2,788 Sq Ft Lot

Last Sold March 14, 2023

Last sale price $325,000 $256 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,715/month

28 Days on Market

Highlights

  • Property is near public transit
  • High Ceiling
  • Walk-In Closet
  • Wood Flooring
  • Granite Countertops
  • 5-minute walk to Mill Pond Park

About This Home

As of March 2023

The Mill is a converted factory building that is now the home to a quaint condo community. This first floor unit is bright, open and spacious with 12 foot ceilings, exposed brick walls on both levels, with exposed beams. The first floor offers a living room, dining room, kitchen, powder room and laundry. The living room has oversized 8 ft windows with lots of light!! The newer kitchen boasts stainless steel appliances and granite counters. Each of the 2 BR's has its own large windows, full bathroom and large closets. The building is registered as a National Historical Landmark. Milltown is a small town with old world charm. The town center offers coffee shops, boutiques, delis, and an ice cream shoppe- all within a short distance from The Mill. Milltown is a quaint town nestled between East and North Brunswick. With year-round events, like the annual Milltown Day, 4th of July Parade & 5K (and front-row fireworks), the greatest little town in the land'' does not disappoint. There is a private swim club, public township pool, and community park around the block. All forms of mass transit are centrally located, making Milltown a great commuter town. Close to all Central NJ locations, NJ transit, Rutgers University, RWJ hospital, Saint Peter's Hospital, and more. With downtown New Brunswick ~10 minutes away, you'll experience city life, with plenty of food/drink options. Alternatively, you can hop on a direct train to NY Penn Station (~50 min ride) or Princeton (~20 min ride) to spend the day. Checkout the 3D virtual tour: https://unbranded.youriguide.com/40_washington_ave_residence_13_milltown_nj/

Last Agent to Sell the Property

MICHAEL POTROS

KELLER WILLIAMS REALTY Listed on: 02/13/2023

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1874

Lot Details

  • 2,788

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Open Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include common area maintenance, insurance, maintenance structure, sewer, ins common areas, snow removal, ground maintenance, maintenance fee, water
  • Mill Subdivision

Building Details

  • Maintenance Expense $306

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,664

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.064
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Mill
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two, At Grade, Two Story
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1874
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops
  • Room Bedroom2 Area: 126
  • Room Living Room Area: 224
  • Room Kitchen Area: 88
  • Master Bedroom Master Bedroom Width: 14
  • Room Master Bedroom Area: 196
  • Room Dining Room Area: 150
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: High Ceilings, Entrance Foyer, Kitchen, Living Room, Dining Room, Utility Room, 2 Bedrooms, Bath Main
  • Living Area: 1272
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, Paved, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Restricted i.e. size

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Ins Common Areas, Snow Removal, Maintenance Grounds, Maintenance Fee, Water

Lot Info

  • Lot Size Sq Ft: 2788
  • Zoning: RM-M

Multi Family

  • Maintenance Expense: 306

Tax Info

  • Tax Annual Amount: 5664
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Graney John H
Bought by
Espitia Michelle H and Nelson Evan
Current Estimated Value
$401,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$191,686
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$209,882

Purchase Details

Closed on
Jul 1, 1998
Sold by
Curtin Warren
Bought by
Graney John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.9%
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
Espitia Michelle H $270,000 Atlantic Ttl & Setmnt Svc Ll
Graney John $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espitia Michelle H $216,000
Previous Owner Graney John H $160,000
Previous Owner Graney John H $101,000
Previous Owner Graney John $86,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $325,000 +10.2% $256 / Sq Ft
02/13/2023 02/13/23 For Sale $295,000 -- $232 / 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
2025 $6,376 $94,400 $22,700 $71,700
2024 $5,689 $94,400 $22,700 $71,700
2023 $5,689 $85,800 $22,700 $63,100
2022 $5,664 $85,800 $22,700 $63,100
2021 $5,546 $85,800 $22,700 $63,100
2020 $5,412 $85,800 $22,700 $63,100
2019 $5,201 $85,800 $22,700 $63,100
2018 $4,682 $85,800 $22,700 $63,100
2017 $4,556 $85,800 $22,700 $63,100
2016 $4,556 $85,800 $22,700 $63,100
2015 $4,461 $85,800 $22,700 $63,100
2014 $4,304 $85,800 $22,700 $63,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2308482R

All Jersey MLS

APN: 11-00073-0000-00001-04-C0013