NOT LISTED FOR SALE

401 Marissa Ln Watchung, NJ 07069

Estimated Value: $1,012,915 - $1,282,000

3 Beds
4 Baths
3,032 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $1,195,000 $394 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,425/month

50 Days on Market

About This Home

As of August 2024

This home is located at 401 Marissa Ln, Watchung, NJ 07069 since 12 March 2024 and is currently estimated at $1,113,479, approximately $367 per square foot. 401 Marissa Ln is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

Last Agent to Sell the Property

Marissa Paolella

PAUL ANTHONY AGENCY, INC. Brokerage Phone: 908-754-1100 Listed on: 03/12/2024

Co-Listed By

ASHLEY SCHALLER

PAUL ANTHONY AGENCY, INC. Brokerage Phone: 908-754-1100

Last Buyer's Agent

ASHLEY SCHALLER

PAUL ANTHONY AGENCY, INC. Brokerage Phone: 908-754-1100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,995

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,995

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 401
  • I D: 5274530
  • Modified: 2024-08-12
  • Number Images: 1
  • Attribution Contact: 908-754-1100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Aug 7, 2024
Sold by
Prudential Developers Llc and Watchung Developers Llc
Bought by
Abuzaina Ferass and Tamer Suzanne
Seller's Agent
Marissa Paolella
PAUL ANTHONY AGENCY, INC.
Buyer's Agent
ASHLEY SCHALLER
PAUL ANTHONY AGENCY, INC.
List Price
$1,195,000
Sold Price
$1,195,000
Views
85
Current Estimated Value
$1,132,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,565
Avg. Annual Appreciation
-6.65%
Original Mortgage
$799,200
Outstanding Balance
$793,309
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$323,793

Purchase Details

Closed on
Aug 2, 2022
Sold by
Watchung Developers Llc
Bought by
Watchung Mountain Villas Condominium
Source: Public Records

Range of Values:

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
Abuzaina Ferass $999,000 Allied Title
Watchung Mountain Villas Condominium -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abuzaina Ferass $799,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $1,195,000 0.0% $394 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $1,195,000 -- $394 / Sq Ft
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
2024 $4,995 $250,000 $250,000 $0
2023 $3,062 $150,000 $150,000 $0
2022 $2,101 $100,000 $100,000 $0
2021 $3,113 $100,000 $100,000 $0
2020 $1,596 $75,000 $75,000 $0
2019 $3,113 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Marissa Paolella

    Seller's Agent in 2024

    Marissa Paolella

    PAUL ANTHONY AGENCY, INC.

    (908) 938-8232

    8 in this area

    23 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2024

    ASHLEY SCHALLER

    PAUL ANTHONY AGENCY, INC.

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Map

Source: Garden State MLS

MLS Number: 3890316

Garden State MLS

APN: 21-00301-0000-00031-0000-C401

New Jersey Somerset County Watchung 07069

401 Marissa Ln, Watchung, NJ

This home is located at 401 Marissa Ln, Watchung, NJ 07069 since 12 March 2024 and is currently estimated at $1,113,479, approximately $367 per square foot. 401 Marissa Ln is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

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