NOT LISTED FOR SALE

5 Martin Place Cranford, NJ 07016

Estimated Value: $914,000 - $1,377,000

3 Beds
2.5 Baths
1,600 Sq Ft
$703/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $482,888 $302 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,726/month

17 Days on Market

Highlights

  • 0.32 Acre Lot
  • Wood Flooring
  • L-Shaped Dining Room
  • Cranford Sr High School Rated A-
  • Attic
  • 2 Car Direct Access Garage

About This Home

As of September 2018

LOCATION, LOCATION! This well appointed three (3) Bedroom Split Level estate home on the cul de sac, awaits renovations and possible expansion. Situated in a tranquil residential neighborhood , this property is within a short walk to schools and all Cranford amenities. a Home Warranty Service Agreement and CO will be provided by the sellers. This home is priced to sell and cannot be beat for future market potential. Make it your own!

Last Agent to Sell the Property

Rosanne Barone

HALLMARK REALTORS Listed on: 07/31/2018

Last Buyer's Agent

RACHEL H DAGOSTARO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,605

Year Built

  • Built in 1954

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Wood Shingle Roof
  • Tile

Interior Spaces

  • 1,600 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Front Basement Entry
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Livston/Walnut Elementary And Middle School
  • Cranford High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Forced Air Heating System
  • Standard Electricity

Community Details

  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2903-00471-0000-00005-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,605

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 5
  • Directions: Walnut Street to Lenhome to Martin-or-Raritan Road to Walnut to Lenhome to Martin Place
  • I D: 4822692
  • Modified: 2021-09-23
  • Number Images: 10
  • First Name: ROSANNE
  • First Name3: RACHEL H
  • Last Name: BARONE
  • Last Name3: DAGOSTARO
  • Office Phone: 732-499-0030
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Sump Pump
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Basement Level Rooms: Utility Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Dining L
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 9x9
  • Kitchen Level: First
  • Living Room Dim: 13x18
  • Living Room Level: First
  • Other Room4 Level: Basement
  • Level 1 Rooms: Living Room, Dining Room, Entrance Vestibule, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 1600
  • Ground Level Rooms: Walkout, GarEnter, Powder Room, Family Room
  • Phone: 800-359-3398

Exterior Features

  • Exterior Description: Wood Shingle
  • Exterior Features: Storm Door(s), Metal Fence, Storm Window(s), Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, On-Street Parking

Utilities

  • Cooling: 1 Unit, Window A/C(s), Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: From Furnace

Condo/Co-op/Association

  • Amenities: Storage

Schools

  • Elementary School: Livston/Walnut
  • Middle School: Livston/Walnut
  • High School: Cranford HS
  • High School: Cranford HS
  • Middle Jr High School: Livston/Walnut

Lot Info

  • Lot Size: 13989 SF
  • Assessed Improvement Value: 103200
  • Assessed Land Value: 100700
  • Assessment: 203900
  • Easement: Unknown
  • Lot Description: Level Lot, Cul-De-Sac
  • Lot Identifier: 5
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.32

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: 12605
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2903-00471-0000-00005-0000-
  • Tax Rate Amount: 6.182
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: Livston/Walnut

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 14, 2018
Sold by
Margitich Amanda and Margitich Michael
Bought by
Swayze Daniel Budd and Swayze April Brennan
Seller's Agent
Rosanne Barone
HALLMARK REALTORS
Buyer's Agent
RACHEL H DAGOSTARO
COLDWELL BANKER REALTY
List Price
$474,000
Sold Price
$482,888
Premium/Discount to List
$8,888
1.88%
Current Estimated Value
$1,103,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,386
Original Mortgage
$458,743
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1992
Bought by
Margitich and Dolores R
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
Swayze Daniel Budd $482,888 American Land Title Assn
Margitich $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swayze Daniel Budd $323,000
Open Swayze Daniel Budd $742,000
Closed Swayze Daniel $738,365
Closed Swayze Daniel Budd $458,743
Previous Owner Margitich Dolores R $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $482,888 +1.9% $302 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $474,000 -- $296 / 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 $22,448 $336,700 $100,700 $236,000
2023 $22,448 $336,700 $100,700 $236,000
2022 $22,263 $336,700 $100,700 $236,000
2021 $6,629 $100,700 $100,700 $0
2020 $6,608 $100,700 $100,700 $0
2019 $13,294 $203,900 $100,700 $103,200
2018 $13,054 $203,900 $100,700 $103,200
2017 $12,605 $203,900 $100,700 $103,200
2016 $12,146 $203,900 $100,700 $103,200
2015 $11,828 $203,900 $100,700 $103,200
2014 $11,586 $203,900 $100,700 $103,200
Source: Public Records

Agents Affiliated with this Home

  • Rosanne Barone

    Seller's Agent in 2018

    Rosanne Barone

    HALLMARK REALTORS

    (732) 499-0030

    1 in this area

    7 Total Sales

    Section Image

  • R

    Buyer's Agent in 2018

    RACHEL H DAGOSTARO

    COLDWELL BANKER REALTY

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Map

Source: Garden State MLS

MLS Number: 3491280

Garden State MLS

APN: 03-00471-0000-00005

New Jersey Union County Cranford 07016

5 Martin Place, Cranford, NJ

This home is located at 5 Martin Place, Cranford, NJ 07016 since 31 July 2018 and is currently estimated at $1,125,597, approximately $703 per square foot. This property was built in 1954. 5 Martin Place is a home located in Union County with nearby schools including Cranford Sr High School, St Michael School, and Mother Seton Regional High School.

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