NOT LISTED FOR SALE

48 Central Square Park Metuchen, NJ 08840

Estimated Value: $603,000 - $648,000

2 Beds
3 Baths
1,830 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $492,000 $269 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,252/month

50 Days on Market

Highlights

  • Property is near public transit
  • Vaulted Ceiling
  • Loft
  • Campbell Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2022

Welcome home to loft-like living in your centrally located 2 bed, 3 bath townhouse right in the center of all the action in Metuchen. Your unique floor plan gives you ample living room and dining space with fantastic ceiling height and a peek-a-boo galley kitchen with pass-through access and a gigantic breakfast bar and stainless steel appliances and hidden stackable laundry. Check out your primary bedroom with vaulted ceilings, flooded with natural light from the skylight and sliding doors, and an en suite upgraded bath with two sinks before finding your second large bedroom and full bath as well. Don't miss your private outdoor deck, an oasis for relaxation, before you head upstairs to your bonus loft with extra full bath where you can let your imagination run wild. Low HOA, central air and heat, ample parking, close proximity to transportation to/from NYC, and a premier location surrounded by many shops and restaurants await you.

Last Agent to Sell the Property

ALFRED VASQUEZ

REAL Listed on: 08/31/2022

REAL

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,848

Year Built

  • Built in 2001

Lot Details

  • 566

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Loft
  • Washer

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Parking

  • Open Parking
  • Unassigned Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, maintenance structure, snow removal, trash, ground maintenance
  • Central Square Park Subdivision

Building Details

  • Maintenance Expense $350

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,848

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Central Square Park
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Breakfast Bar
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Vaulted Ceiling(s), 2 Bedrooms, Kitchen, Living Room, Loft
  • Living Area: 1830
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, See Remarks
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: See Remarks, Open, Unassigned

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, See remarks, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Zoning: B5

Multi Family

  • Maintenance Expense: 350

Tax Info

  • Tax Annual Amount: 9848
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 15, 2022
Sold by
Lee Jeffrey and Lee Jennifer
Bought by
Parackel Ajithlal
Seller's Agent
ALFRED VASQUEZ
REAL
List Price
$469,900
Sold Price
$492,000
Premium/Discount to List
$22,100
4.7%
Views
64
Current Estimated Value
$629,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,024
Avg. Annual Appreciation
8.56%
Original Mortgage
$393,600
Outstanding Balance
$342,808
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$286,216

Purchase Details

Closed on
Dec 19, 2001
Sold by
Central Square
Bought by
Lee Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
6.72%
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
Parackel Ajithlal $492,000 Clear Skies Title
Parackel Ajithlal $492,000 Clear Skies Title
Lee Jeffrey $244,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parackel Ajithlal $393,600
Closed Parackel Ajithlal $393,600
Previous Owner Lee Jeffrey $195,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $492,000 +4.7% $269 / Sq Ft
08/31/2022 08/31/22 For Sale $469,900 -- $257 / 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 $11,003 $158,200 $30,000 $128,200
2024 $10,634 $158,200 $30,000 $128,200
2023 $10,634 $158,200 $30,000 $128,200
2022 $10,079 $158,200 $30,000 $128,200
2021 $7,342 $158,200 $30,000 $128,200
2020 $9,700 $158,200 $30,000 $128,200
2019 $9,233 $158,200 $30,000 $128,200
2018 $9,406 $158,200 $30,000 $128,200
2017 $9,287 $158,200 $30,000 $128,200
2016 $9,128 $158,200 $30,000 $128,200
2015 $8,926 $158,200 $30,000 $128,200
2014 $8,703 $158,200 $30,000 $128,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ALFRED VASQUEZ

    REAL

    (646) 831-2569

    1 in this area

    9 Total Sales

    ALFRED VASQUEZ
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2302545R

All Jersey MLS

APN: 09-00082-01-00026-0000-C0048

New Jersey Middlesex County Metuchen 08840

48 Central Square Park, Metuchen, NJ

This home is located at 48 Central Square Park, Metuchen, NJ 08840 since 31 August 2022 and is currently estimated at $629,024, approximately $343 per square foot. This property was built in 2001. 48 Central Square Park is a home located in Middlesex County with nearby schools including Campbell Elementary School, Edgar Middle School, and Metuchen High School.

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