NOT LISTED FOR SALE

48 Newman St Metuchen, NJ 08840

Estimated Value: $668,000 - $747,000

3 Beds
1.5 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold January 04, 2024

Last sale price $558,000

Est. 20% increase in value since last sale

Current estimated payment $4,513/month

105 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Burning Stove
  • Wood Flooring
  • Edgar Middle School Rated A
  • Property is near public transit
  • 1 Fireplace

About This Home

As of January 2024

Showings to begin on September 22nd. Introducing a charming 3-bedroom, 1.5-bathroom home in the highly sought-after neighborhood of Metuchen. This residence is ideally situated, just a stone's throw away from downtown Metuchen, and less than a mile from the train station and major roadways, making commuting a breeze. Step inside to discover beautiful hardwood floors that flow throughout the first floor, creating a warm and inviting atmosphere. The spacious eat-in kitchen boasts stainless steel appliances, including a cooktop, oven, and microwave, as well as a farmhouse sink for an added touch of rustic elegance. Cozy up in the living room by the fireplace, complete with a wood stove insert, perfect for those chilly evenings. A first-floor bedroom flooded with an abundance of natural light, offers versatile functionality as an office space, playroom, or more. The attached 2-car garage offers convenience and ample storage space. Additionally, the large basement with recessed lighting in place provides endless possibilities for customization, offering the potential for additional living space or a recreational area. Outside, enjoy the beauty of natural plantings in the generously sized yard, creating a serene and private outdoor oasis.

Last Agent to Sell the Property

Karen Moses

REDFIN CORPORATION Listed on: 09/21/2023

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,684

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 60x100
  • Level Lot
  • Property is zoned R2

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Open Parking

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Dutch Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • High Street Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,684

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60X100
  • Ownership: Fee Simple
  • Subdivision Name: High Street Terrace
  • Architectural Style: Cape Cod, Colonial, Dutch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Bedroom3 Area: 108
  • Room Kitchen Features: Eat-in Kitchen, Kitchen Exhaust Fan, Pantry
  • Room Bedroom2 Area: 231
  • Room Living Room Area: 357
  • Room Kitchen Area: 110
  • Master Bedroom Master Bedroom Width: 21
  • Room Master Bedroom Area: 252
  • Room Dining Room Area: 90
  • Appliances: Dryer, Exhaust Fan, Microwave, Refrigerator, See Remarks, Range, Oven, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Has Basement: Full, Partially Finished, Bath Half, Exterior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: 1 Bedroom, Dining Room, Entrance Foyer, Kitchen, Living Room, 2 Bedrooms, Bath Full, None
  • Stories: 2

Exterior Features

  • Lot Features: Level, Near Shopping, Near Train
  • Pool Features: None
  • Exterior Features: Curbs, Patio, Sidewalk
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Concrete, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Wall Unit(s), None
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Zoning: R2

Tax Info

  • Tax Annual Amount: 9684
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Dec 11, 2023
Sold by
Li Lei and Li Satomi
Bought by
Dini Communications Group Corporation
Seller's Agent
Karen Moses
REDFIN CORPORATION
List Price
$550,000
Sold Price
$558,000
Premium/Discount to List
$8,000
1.45%
Views
200
Current Estimated Value
$668,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,864
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Dec 23, 2009
Sold by
Fichter Lawrence Richard
Bought by
Li Lei and Li Satomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.92%
Mortgage Type
Stand Alone First
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
Dini Communications Group Corporation $558,000 Foundation Title
Li Lei $315,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Lei $156,000
Previous Owner Li Lei $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $558,000 +1.5% --
09/21/2023 09/21/23 For Sale $550,000 -- --
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
2024 $10,217 $152,000 $90,000 $62,000
2023 $10,217 $152,000 $90,000 $62,000
2022 $9,684 $152,000 $90,000 $62,000
2021 $7,055 $152,000 $90,000 $62,000
2020 $9,337 $152,000 $90,000 $62,000
2019 $9,062 $152,000 $90,000 $62,000
2018 $9,029 $152,000 $90,000 $62,000
2017 $9,000 $152,000 $90,000 $62,000
2016 $8,770 $152,000 $90,000 $62,000
2015 $8,463 $150,000 $90,000 $60,000
2014 $9,247 $168,100 $84,000 $84,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2353048M

All Jersey MLS

APN: 09-00141-0000-00049