NOT LISTED FOR SALE

494 Cambridge Dr Butler, NJ 07405

Estimated Value: $345,000 - $457,000

2 Beds
2 Baths
1,262 Sq Ft
$400/mo HOA Fee

Last Sold April 01, 2021

Last sale price $319,900 $253 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,396/month

8 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Formal Dining Room
  • Private Pool
  • Loft
  • Living Room

About This Home

As of April 2021

PICTURE PERFECT 2BR/2BA end unit in the desirable Cambridge Heights development!! This unit is in a prime location overlooking the pool, and recently renovated Clubhouse and gym. Move right in and enjoy the open floor plan which features a newer kitchen w/ oversized center island that is great for entertaining. New flooring, cabinets, granite countertops, backsplash, SS appliances. Gas fireplace and natural light throughout!! Plenty of closets and storage. The loft on the 3rd floor is perfect for an office or family room. The community is gated and is conveniently located to all highways, shopping, and restaurants!! NYC bus is nearby. Don't miss out!!

Last Agent to Sell the Property

David Molinaro

RE/MAX COMPETITIVE EDGE Listed on: 01/12/2021

RE/MAX COMPETITIVE EDGE

Last Buyer's Agent

Jane DeVincentis

TERRIE O'CONNOR REALTORS

TERRIE O'CONNOR REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 2001

Lot Details

  • 5,227

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Loft
  • Laminate Flooring

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • Inside Entrance
  • Parking Lot

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2303-00101-0013-00010-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,439

Year Built

Built in 2001

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2001
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 494
  • Directions: Rt 23 N, Cambridge Heights Entrance, Straight towards Clubhouse, Building 13
  • I D: 5041519
  • Modified: 2022-04-02
  • Number Images: 22
  • Section Subdiv Development: Cambridge Heights
  • First Name: DAVID
  • First Name3: JANE
  • First Name4: KAREN
  • Last Name: MOLINARO
  • Last Name3: DEVINCENTIS
  • Last Name4: HOFFMAN
  • Office Phone3: 973-838-0100
  • Office Phone4: 973-838-0100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Family Room Level: Third
  • Kitchen Area: Center Island
  • Kitchen Level: Second
  • Living Room Level: Second
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Level 1 Rooms: InsdEntr
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room
  • Level 3 Rooms: Loft
  • Phone: 908-766-2020

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Kitchen Facilities, Pool-Outdoor
  • Association Maintenance Fee: 400
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Lot Info

  • Lot Size: 0.1192 AC
  • Assessed Improvement Value: 93600
  • Assessed Land Value: 110000
  • Assessment: 203600
  • Easement: Unknown
  • Lot Identifier: 10
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7439
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2303-00101-0013-00010-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.654
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Katat Fadi
Bought by
Katat Fadi and Katat Meray
Current Estimated Value
$414,564

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 26, 2021
Sold by
Mulieri Dominic and Mulieri Emily
Bought by
Katat Fadi
Seller's Agent
David Molinaro
RE/MAX COMPETITIVE EDGE
Buyer's Agent
Jane DeVincentis
TERRIE O'CONNOR REALTORS
List Price
$319,900
Sold Price
$319,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$313,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 16, 2021
Sold by
Mulieri Dominic and Mulieri Emily
Bought by
Katat Fadi
Seller's Agent
David Molinaro
RE/MAX COMPETITIVE EDGE
Buyer's Agent
Jane DeVincentis
TERRIE O'CONNOR REALTORS
List Price
$319,900
Sold Price
$319,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2018
Closed on
Oct 11, 2018
Sold by
Dericks James and Dericks Cabrielle
Bought by
Mulieri Dominic and Mulieri Emily
Seller's Agent
Colleen McMahon
C-21 CREST REAL ESTATE, INC.
Buyer's Agent
David Molinaro
RE/MAX COMPETITIVE EDGE
List Price
$294,900
Sold Price
$290,000
Premium/Discount to List
-$4,900
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$232,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2015
Closed on
Mar 6, 2015
Sold by
Johannessen David and Johannessen Alexis M
Bought by
Dericks James H
Seller's Agent
NANCY SARFITY
TERRIE O'CONNOR REALTORS
Buyer's Agent
Colleen McMahon
C-21 CREST REAL ESTATE, INC.
Sold Price
$272,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$218,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2012
Sold by
Johannessen David and Johannessen Alexis M
Bought by
Johannessen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Ioannou Sotiris
Bought by
Johannessen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2001
Sold by
Town & Country Deve
Bought by
Ioannou Sotiris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,951
Interest Rate
7.05%
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
Katat Fadi -- Westcor Land Title
Katat Fadi $319,900 Westcor Land Title
Katat Fadi $319,900 Prestige Title Agency Inc
Mulieri Dominic $290,000 The New Choice Title Agency
Dericks James H $272,500 Multiple
Johannessen David -- None Available
Johannessen David $338,900 --
Ioannou Sotiris $194,393 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katat Fadi $313,500
Previous Owner Katat Fadi $313,500
Previous Owner Mulieri Dominic $232,000
Previous Owner Dericks James H $218,000
Previous Owner Johannessen David $253,000
Previous Owner Johannessen David $271,000
Previous Owner Ioannou Sotiris $174,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $319,900 0.0% $253 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $319,900 +10.3% $253 / Sq Ft
10/12/2018 10/12/18 Sold $290,000 -1.7% $230 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/26/2018 08/26/18 For Sale $294,900 +8.2% $234 / Sq Ft
03/06/2015 03/06/15 Sold $272,500 -- $216 / 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 $8,246 $337,600 $182,500 $155,100
2023 $8,246 $310,700 $175,000 $135,700
2022 $7,806 $288,900 $162,500 $126,400
2021 $7,806 $203,600 $110,000 $93,600
2020 $7,607 $203,600 $110,000 $93,600
2019 $7,440 $203,600 $110,000 $93,600
2018 $7,344 $203,600 $110,000 $93,600
2017 $7,157 $203,600 $110,000 $93,600
2016 $6,971 $203,600 $110,000 $93,600
2015 $6,859 $203,600 $110,000 $93,600
2014 $6,648 $203,600 $110,000 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3686555

Garden State MLS

APN: 03-00101-13-00010