NOT LISTED FOR SALE

429 Parkside Rd Unit 35 Plainfield, NJ 07060

Estimated Value: $571,470 - $662,000

4 Beds
2.5 Baths
2,169 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $375,000 $173 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,535/month

46 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Detached Garage
  • Under Construction
  • Formal Dining Room
  • Living Room
  • Level Lot

About This Home

As of January 2023

Renovation Project: 4 bedroom brick single family home located on a double lot. The first floor features a foyer, full bathroom, kitchen, bedroom, and separate living and dining room. The second floor consists of 3 beds w/ full bathroom. There are so many options with this property to maximize the current floor plan by finishing the basement. A swimming pool, double garage, parking for at least 6+ cars, generous low maintenance garden is perfect for entertaining on a quiet friendly street. Create a 5th bedroom by enclosing the porch and adding an open plan kitchen and dining room. With city approvals you may be able to extend, subdivide the lot and build a new construction home, sell the lot separately or convert the property into a multi family. Estimated renovation costs are in the region of $100-150K+/- depending on your scope of work with an after repair value of $550-600K+/-. The property will not qualify for a standard FHA loan, Conventional Mortgage. Cash, Private Funding, Renovation Loan, Hard Money or FHA 203K. Pls use all precautions when walking through and around the site as well as being always accompanied by a contractor or a licensed real estate professional. The buyer will be responsible for all inspections and must conduct their own due diligence. Signed Buyers Hold Harmless & release regarding covid required before requesting access. Seller will only accept offers from direct end buyers. Close to all modes of public transportation and an easy commute to NYC.

Last Agent to Sell the Property

DARRELL BAILEY

EXP REALTY, LLC Brokerage Phone: 862-283-1282 Listed on: 07/16/2022

EXP REALTY, LLC

Last Buyer's Agent

TYLER GRAY

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,319

Year Built

  • Built in 1892 | Under Construction

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Additional Features

  • In Ground Pool
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2912-00745-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,319

Year Built

Built in 1892 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Style: Fixer Upper
  • Primary Style: Fixer Upper
  • Subproperty Type: Single Family
  • Year Built: 1892
  • Year Built Description: Approximate, Under Construction
  • County Name: Union
  • Street Number Display: 429
  • Directions: Plainfield Ave > Parkside Rd
  • I D: 5160286
  • Modified: 2024-02-01
  • Number Images: 24
  • First Name: DARRELL
  • First Name3: TYLER
  • Last Name: BAILEY
  • Last Name3: GRAY
  • Office Phone: 862-283-1282
  • Attribution Contact: 862-283-1282
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 9
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Den Level: First
  • Kitchen Area: Galley Type
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Foyer
  • Other Room 2: Sunroom
  • Level 1 Rooms: 1 Bedroom, Bath(s) Other, Dining Room, Kitchen, Living Room, SeeRem, Walkout
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Phone: 908-664-1500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 100X150
  • Assessed Improvement Value: 103300
  • Assessed Land Value: 56000
  • Assessment: 159300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.34

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 13319
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2912-00745-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 8.385
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2022
Sold by
Jga Development Llc
Bought by
Florestal Lindsay and Brown Morris Steven
Total Days on Market
46
Current Estimated Value
$606,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,470
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2021
Sold by
Nj Single Units Holdings Llc
Bought by
Jrm Financial Llc

Purchase Details

Closed on
Oct 26, 2018
Sold by
435 Parkside Road Llc
Bought by
Nj Single Units Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2005
Sold by
Olabisi Gail
Bought by
Olabisi Olanrewaju and Olabisi Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Florestal Lindsay $375,000 Stewart Title
Jrm Financial Llc -- Fortune Title Agency Inc
Jrm Financial Llc -- Fortune Title
Nj Single Units Holdings Llc $325,000 1St Rate Ttl & Setmnt Svcs L
Olabisi Olanrewaju -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florestal Lindsay $640,470
Previous Owner Jga Development Llc $4,213,428
Previous Owner Nj Single Units Holdings Llc $292,500
Previous Owner Olabisi Olanrewaju $360,000
Previous Owner Olabisi Olaneewaju $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $375,000 0.0% $173 / Sq Ft
01/21/2023 01/21/23 Off Market $375,000 -- --
08/31/2022 08/31/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $349,000 -- $161 / 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 $13,773 $159,300 $56,000 $103,300
2023 $13,773 $159,300 $56,000 $103,300
2022 $13,475 $159,300 $56,000 $103,300
2021 $13,357 $159,300 $56,000 $103,300
2020 $13,319 $159,300 $56,000 $103,300
2019 $13,319 $159,300 $56,000 $103,300
2018 $13,040 $159,300 $56,000 $103,300
2017 $12,722 $159,300 $56,000 $103,300
2016 $12,462 $159,300 $56,000 $103,300
2015 $12,094 $159,300 $56,000 $103,300
2014 $11,766 $159,300 $56,000 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3796530

Garden State MLS

APN: 12-00745-0000-00002