NOT LISTED FOR SALE

409 John St Unit 11 Plainfield, NJ 07060

Estimated Value: $120,369 - $355,000

0.14 Acre
$1,709,964 Price per Acre
6,055 Sq Ft Lot

Last Sold September 20, 2022

Last sale price $100,000 $40 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,348/month

77 Days on Market

About This Lot

As of September 2022

A great opportunity to build a new construction single family 4 bedroom 3 bathroom spread over 2.5 floors with a garage. Residential 40x 150 lot with architectural drawings, scope of works, site plans, survey, floor plans, elevations and proforma have been attached the the listing. Once completed we estimate the value of the home in the region of $500-550K+. A great opportunity to be a part of the growth of Plainfield. Close to all modes of public transportation and an easy commute to New York. Buyer is responsible for all inspections and must conduct their own due diligence. Home has not been built.

Last Listed By

DARRELL BAILEY

EXP REALTY, LLC Listed on: 07/05/2022

EXP REALTY, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,003

Year Built

  • 1931

Lot Details

  • Level Lot
  • Property is zoned 07060

Property Details

Property Type

Land

Est. Annual Taxes

$1,003

Year Built

1931

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Land
  • Lot Size: 0.00 x 0.00
  • Road Frontage Type: See Remarks
  • Road Surface Type: Asphalt, See Remarks
  • Ownership: Corporation
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Year Built: 1931

Exterior Features

  • Lot Features: Level, See Remarks
  • Topography: See Remarks
  • Other Structures: See Remarks

Utilities

  • Gas Company: See Remarks
  • Electric: See Remarks
  • Sewer: See Remarks
  • Utilities: See Remarks, Water Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: 07060

Tax Info

  • Tax Annual Amount: 1003
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Sep 15, 2022
Sold by
Jga Development Llc
Bought by
Si Real Estate Holdings Llc
Seller's Agent
DARRELL BAILEY
EXP REALTY, LLC
List Price
$135,000
Sold Price
$100,000
Premium/Discount to List
-$35,000
-25.93%
Total Days on Market
77
Views
32
Current Estimated Value
$237,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,685
Avg. Annual Appreciation
37.16%

Purchase Details

Closed on
Nov 21, 2019
Sold by
Fannie Mae
Bought by
Jga Development Llc

Purchase Details

Closed on
Aug 1, 2019
Sold by
Vegas Nelly
Bought by
Federal National Mortgage Assocation

Purchase Details

Closed on
Apr 7, 2008
Sold by
Tbs Homes Llc
Bought by
Vegas Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2005
Sold by
Whetstone Stephen G
Bought by
Akinlolu Olutoyin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.84%
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
Si Real Estate Holdings Llc $100,000 --
Jga Development Llc $52,300 Stewart Title Guaranty Co
Federal National Mortgage Assocation $1,000 None Available
Vegas Nelly $330,000 Atlas Title Services Inc
Tbs Homes Llc -- None Available
Akinlolu Olutoyin $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jga Development Llc $650,000
Previous Owner Vegas Nelly $297,000
Previous Owner Akinlolu Olutoyin $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $100,000 -13.0% $40 / Sq Ft
08/04/2022 08/04/22 Price Changed $115,000 -8.0% $46 / Sq Ft
07/19/2022 07/19/22 Price Changed $125,000 -7.4% $50 / Sq Ft
07/05/2022 07/05/22 For Sale $135,000 -- $54 / 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
2024 $1,038 $12,000 $12,000 $0
2023 $1,038 $12,000 $12,000 $0
2022 $1,015 $12,000 $12,000 $0
2021 $1,006 $12,000 $12,000 $0
2020 $1,003 $12,000 $12,000 $0
2019 $1,003 $12,000 $12,000 $0
2018 $982 $12,000 $12,000 $0
2017 $958 $12,000 $12,000 $0
2016 $939 $12,000 $12,000 $0
2015 $911 $12,000 $12,000 $0
2014 -- $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2300178R

All Jersey MLS

APN: 12-00501-0000-00045