NOT LISTED FOR SALE

481 Fairview Ave Colonia, NJ 07067

Estimated Value: $455,687 - $608,000

4 Beds
2 Baths
1,310 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $481,000 $367 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,741/month

75 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • 2-minute walk to Merrill Park

About This Home

As of June 2022

Highest and Best offers due 4/5-6pm. Completely renovated North facing Cape w/full rear dormer & finished basement,New Kitchen w/Granite & SS Appliances open to Dining,Newer Baths & Windows,Roof (3 yrs),Hardwood floors & crown moulding,lg bedrooms,Brand new front porch & facade w/stone detail,Composite Deck, Detached garage for expanded living space (interior redone),Fully fenced yard w/Paver Patio & pergolas, Fire pit area w/stone patio surround, low maintenance landscaped front yard.

Last Agent to Sell the Property

Alessandra Herzog-Cherry

RE/MAX COMPETITIVE EDGE Listed on: 04/02/2022

RE/MAX COMPETITIVE EDGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,595

Year Built

  • Built in 1945

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 125.00 x 50.00
  • Street terminates at a dead end
  • Fenced
  • Private Yard
  • Property is zoned R-7.5

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Open Parking

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,310 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Living Room
  • L-Shaped Dining Room
  • Den

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • Merril Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,595

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1435
  • Lot Size: 125.00 x 50.00
  • Ownership: Fee Simple
  • Subdivision Name: Merril Park
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Dining L
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Granite/Corian Countertops
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Full, Finished, Den, Recreation Room, Storage Space, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Main, Dining Room
  • Living Area: 1310
  • Stories: 2
  • Window Features: Insulated Windows, Blinds

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, Dead - End Street
  • Pool Features: No, None
  • Direction Faces: North
  • Exterior Features: Yard
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, 3 Cars Deep, Asphalt, Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Electric: 200 Amp(s)
  • 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

Lot Info

  • Lot Size Sq Ft: 6251
  • Zoning: R-7.5

Tax Info

  • Tax Annual Amount: 8595
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
Jun 10, 2022
Sold by
Eugene Arroyo Jr and Eugene Kimberly
Bought by
Reyes Eric and Netta Bridget
Seller's Agent
Alessandra Herzog-Cherry
RE/MAX COMPETITIVE EDGE
List Price
$449,900
Sold Price
$481,000
Premium/Discount to List
$31,100
6.91%
Current Estimated Value
$553,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,922
Avg. Annual Appreciation
4.38%
Original Mortgage
$384,800
Outstanding Balance
$366,075
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$187,847

Purchase Details

Closed on
Feb 28, 2000
Sold by
Finney Joan
Bought by
Arroyo Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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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
Reyes Eric $481,000 Westcor Land Title
Arroyo Eugene $176,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Eric $384,800
Previous Owner Arroyo Eugene $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $481,000 +6.9% $367 / Sq Ft
05/28/2022 05/28/22 Off Market $449,900 -- --
04/02/2022 04/02/22 For Sale $449,900 -- $343 / 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 $9,653 $78,900 $21,000 $57,900
2024 $9,249 $78,900 $21,000 $57,900
2023 $9,249 $78,900 $21,000 $57,900
2022 $8,669 $75,900 $21,000 $54,900
2021 $8,595 $75,900 $21,000 $54,900
2020 $8,332 $75,900 $21,000 $54,900
2019 $8,233 $75,900 $21,000 $54,900
2018 $7,970 $75,900 $21,000 $54,900
2017 $7,825 $75,900 $21,000 $54,900
2016 $7,618 $74,500 $21,000 $53,500
2015 $7,489 $74,500 $21,000 $53,500
2014 $7,329 $74,500 $21,000 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2211798R

All Jersey MLS

APN: 25-00424-06-00585

New Jersey Middlesex County Colonia 07067

481 Fairview Ave, Colonia, NJ

This home is located at 481 Fairview Ave, Colonia, NJ 07067 since 02 April 2022 and is currently estimated at $553,922, approximately $422 per square foot. This property was built in 1945. 481 Fairview Ave is a home located in Middlesex County with nearby schools including Claremont Avenue Elementary School, Colonia Middle School, and Colonia High School.

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