$975,000
SOLD DEC 23, 2024

492 Central Ave New Providence, NJ 07974

-- Bed
-- Bath
2,178 Sq Ft
0.5 Acres

Recently Sold

$448 Per Sq Ft

11% Below List Price

94 Days on Market

About This Home

As of December 2024

This home is located at 492 Central Ave, New Providence, NJ 07974 and is currently priced at $975,000, approximately $447 per square foot. 492 Central Ave is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Oak Knoll School of the Holy Child.

Last Agent to Sell the Property

JANUSZ MINKINA

KELLER WILLIAMS REALTY Brokerage Phone: 908-272-8337 Listed on: 08/12/2024

Last Buyer's Agent

ASCENSAO H. GUTIERREZ

RE/MAX PROFESSIONALS I

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,914

Lot Details

  • 0.5 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,914

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 492
  • I D: 5306440
  • Modified: 2024-12-24
  • Number Images: 0
  • Attribution Contact: 908-272-8337
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .496 AC
  • Total Acres: 0.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Nov 27, 2024
Sold by
Kieliszek Paul and Kieliszek Sandra
Bought by
Baird Donnel A
Seller's Agent
JANUSZ MINKINA
KELLER WILLIAMS REALTY
Buyer's Agent
ASCENSAO H. GUTIERREZ
RE/MAX PROFESSIONALS I
List Price
$1,099,000
Sold Price
$975,000
Premium/Discount to List
-$124,000
-11.28%
Views
92
Current Estimated Value
$966,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,480
Avg. Annual Appreciation
-1.77%
Original Mortgage
$799,999
Outstanding Balance
$797,237
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$169,283

Purchase Details

Closed on
May 19, 2022
Sold by
Wang and Xiaofan
Bought by
Kieliszek Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Wells Fargo Bank Na
Bought by
Wang Xiaozhung and Sun Xiaofan

Purchase Details

Closed on
Sep 3, 2008
Sold by
Coven Nathaniel Robert and Schachter Richard J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 6, 2007
Sold by
Santacross Michael A
Bought by
Smith Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,191
Interest Rate
6.72%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2005
Sold by
Coven Lawrence S
Bought by
Coven Nathaniel

Purchase Details

Closed on
Dec 4, 2002
Sold by
Coven Lawrence
Bought by
Coven Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.28%
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 Type Sale Price Title Company
Bargain Sale Deed $975,000 Acres Land Title
Bargain Sale Deed $975,000 Acres Land Title
Deed $700,000 New Title Company Name
Deed $350,000 None Available
Sheriffs Deed -- None Available
Deed $388,000 Chicago Title Insurance Co
Deed $655,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $799,999 New Conventional
Closed $799,999 New Conventional
Previous Owner $560,000 New Conventional
Previous Owner $368,191 FHA
Previous Owner $60,000 Unknown
Previous Owner $262,500 No Value Available
Previous Owner $75,000 Credit Line Revolving
Previous Owner $770,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $975,000 -2.4% $448 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $999,000 -4.8% $459 / Sq Ft
08/23/2024 08/23/24 Price Changed $1,049,000 -4.5% $482 / Sq Ft
08/12/2024 08/12/24 For Sale $1,099,000 -- $505 / 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 $13,914 $292,900 $97,600 $195,300
2023 $13,914 $277,900 $97,600 $180,300
2022 $13,723 $277,900 $97,600 $180,300
2021 $13,623 $277,900 $97,600 $180,300
2020 $13,617 $277,900 $97,600 $180,300
2019 $13,534 $277,900 $97,600 $180,300
2018 $13,464 $277,900 $97,600 $180,300
2017 $13,245 $277,900 $97,600 $180,300
2016 $13,059 $277,900 $97,600 $180,300
2015 $12,878 $277,900 $97,600 $180,300
2014 $12,683 $277,900 $97,600 $180,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JANUSZ MINKINA

    KELLER WILLIAMS REALTY

  • A

    Buyer's Agent in 2024

    ASCENSAO H. GUTIERREZ

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3918422

Garden State MLS

APN: 11-00233-0000-00009

New Jersey Union County New Providence 07974

492 Central Ave, New Providence, NJ

This home is located at 492 Central Ave, New Providence, NJ 07974 and is currently priced at $975,000, approximately $447 per square foot. 492 Central Ave is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Oak Knoll School of the Holy Child.

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