NOT LISTED FOR SALE

408 New Market Ave South Plainfield, NJ 07080

Estimated Value: $572,778 - $646,000

-- Bed
-- Bath
-- Sq Ft
10,698 Sq Ft Lot

Last Sold April 05, 2021

Last sale price $375,000

Est. 62% increase in value since last sale

Current estimated payment $3,843/month

50 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 2-minute walk to Southside Dog Park
  • South Plainfield High School Rated A-
  • Carpet

About This Home

As of April 2021

2 Family Home in the heart of SouthPlainfield.Great for investors or First time home owner, low Taxes.Corner Lot of 100x100. 2 Unit each has 2 bedrooms 1bath. Close to Hwys, shopping ,Schools.A Must See:Showing start 01/15/21

Last Agent to Sell the Property

Yousuf Syed

EXP REALTY, LLC Listed on: 01/15/2021

EXP REALTY, LLC

Co-Listed By

Hamzah Syed

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1745

Lot Details

  • 10,698 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Gas Water Heater

Community Details

Overview

  • Plainfield Terrace Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,911

Year Built

Built in 1745

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2456
  • Lot Size: 100x100
  • Co List Office Mls Id: RMFR01
  • Ownership: Fee Simple
  • Subdivision Name: Plainfield Terrace
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1745
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Refrigerator)
  • Has Basement: Full, Storage Space, Laundry Facilities
  • Flooring: Unit 1 Carpet
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot

Garage/Parking

  • Parking Features: See Remarks, 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 10698
  • Zoning: M3

Tax Info

  • Tax Annual Amount: 6911
  • Tax Year: 2019

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 19, 2021
Sold by
Elmasry Hamada M and Mailmoud Maha
Bought by
Burns Doris
Seller's Agent
Yousuf Syed
EXP REALTY, LLC
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$606,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,945
Avg. Annual Appreciation
10.84%
Original Mortgage
$368,207
Outstanding Balance
$331,996
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$274,949
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
Burns Doris $375,000 Quality Ttl & Abstract Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Doris $368,207
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $375,000 0.0% --
03/06/2021 03/06/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $375,000 -- --
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
2025 $7,925 $113,500 $34,800 $78,700
2024 $7,580 $113,500 $34,800 $78,700
2023 $7,580 $113,500 $34,800 $78,700
2022 $7,485 $113,500 $34,800 $78,700
2021 $7,309 $113,500 $34,800 $78,700
2020 $7,203 $113,500 $34,800 $78,700
2019 $6,911 $113,500 $34,800 $78,700
2018 $6,733 $113,500 $34,800 $78,700
2017 $6,647 $113,500 $34,800 $78,700
2016 $6,580 $113,500 $34,800 $78,700
2015 $6,466 $113,500 $34,800 $78,700
2014 $6,280 $113,500 $34,800 $78,700
Source: Public Records

Agents Affiliated with this Home

  • Yousuf Syed

    Seller's Agent in 2021

    Yousuf Syed

    EXP REALTY, LLC

    (732) 754-2541

    2 in this area

    92 Total Sales

    Yousuf Syed
    Section Image

  • H

    Seller Co-Listing Agent in 2021

    Hamzah Syed

    NON-MEMBER OFFICE

    Hamzah Syed
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2110876

All Jersey MLS

APN: 22-00332-0000-00001

New Jersey Middlesex County South Plainfield 07080

408 New Market Ave, South Plainfield, NJ

Not Listed for Sale

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