NOT LISTED FOR SALE

5 Washington Ave Bernardsville, NJ 07924

Estimated Value: $1,008,000 - $1,098,000

4 Beds
4 Baths
-- Sq Ft
0.46 Acres

Last Sold October 23, 2024

Last sale price $999,000

Est. 6% increase in value since last sale

Current estimated payment $6,530/month

11 Days on Market

About This Home

As of October 2024

This home is located at 5 Washington Ave, Bernardsville, NJ 07924 since 05 September 2024 and is currently estimated at $1,054,871. This property was built in 1980. 5 Washington Ave is a home located in Somerset County with nearby schools including Bernardsville Middle School, Bernards High School, and Saint James School.

Last Agent to Sell the Property

Jennifer Liming

TURPIN REAL ESTATE, INC. Brokerage Phone: 908-696-8600 Listed on: 09/05/2024

Last Buyer's Agent

MICHELLE M. ADAMS

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,980

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,980

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • County Name: Somerset
  • I D: 5310812
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.00

Lot Info

  • Lot Size: .46AC
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 16, 2024
Sold by
Skgkk Investments Llc
Bought by
Schuster Gabriele and Schuster Christopher
Seller's Agent
Jennifer Liming
TURPIN REAL ESTATE, INC.
Buyer's Agent
MICHELLE M. ADAMS
KELLER WILLIAMS METROPOLITAN
List Price
$989,000
Sold Price
$999,000
Premium/Discount to List
$10,000
1.01%
Views
48
Current Estimated Value
$1,054,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,871
Avg. Annual Appreciation
5.07%
Original Mortgage
$799,000
Outstanding Balance
$789,352
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$265,519

Purchase Details

Listed on
Sep 1, 2023
Closed on
Dec 1, 2023
Sold by
Litschi Eric J
Bought by
Skgkk Investments Llc
Seller's Agent
ERIC TRAUTMANN
WEICHERT REALTORS CORP HQ
Buyer's Agent
Jennifer Liming
TURPIN REAL ESTATE, INC.
List Price
$600,000
Sold Price
$600,000
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.20%
Original Mortgage
$679,000
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 1994
Sold by
Fedele Luigi
Bought by
Litschi Eric and Litschi Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.7%

Purchase Details

Closed on
Jul 1, 1988
Sold by
Cowan Gary M and Cowan Craig W
Bought by
Fedele Luigi and Fedele Deborah J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Schuster Gabriele $999,000 Westcor Land Title
Skgkk Investments Llc $600,000 None Listed On Document
Skgkk Investments Llc $600,000 None Listed On Document
Litschi Eric $280,000 --
Fedele Luigi $237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuster Gabriele $799,000
Previous Owner Skgkk Investments Llc $679,000
Previous Owner Litschi Eric $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2024 10/23/24 Sold $999,000 +1.0% --
09/17/2024 09/17/24 Pending -- -- --
09/17/2024 09/17/24 Off Market $989,000 -- --
09/16/2024 09/16/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $989,000 +64.8% --
12/01/2023 12/01/23 Sold $600,000 0.0% -- View Prior Sale
09/23/2023 09/23/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $600,000 -- --
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
2025 $11,980 $972,500 $313,800 $658,700
2024 $11,980 $612,800 $287,900 $324,900
2023 $14,163 $705,000 $274,200 $430,800
2022 $13,993 $680,600 $263,200 $417,400
2021 $13,817 $658,700 $258,000 $400,700
2020 $13,470 $640,200 $258,000 $382,200
2019 $13,112 $643,400 $253,000 $390,400
2018 $12,667 $636,200 $243,000 $393,200
2017 $12,556 $651,600 $243,000 $408,600
2016 $12,183 $649,400 $243,000 $406,400
2015 $11,858 $645,500 $233,000 $412,500
2014 $11,380 $622,200 $223,000 $399,200
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Liming

    Seller's Agent in 2024

    Jennifer Liming

    TURPIN REAL ESTATE, INC.

    (908) 696-8600

    13 in this area

    50 Total Sales

    Jennifer Liming
    Section Image

  • M

    Buyer's Agent in 2024

    MICHELLE M. ADAMS

    KELLER WILLIAMS METROPOLITAN

  • E

    Seller's Agent in 2023

    ERIC TRAUTMANN

    WEICHERT REALTORS CORP HQ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3922325

Garden State MLS

APN: 03-00127-0000-00004

New Jersey Somerset County Bernardsville 07924

5 Washington Ave, Bernardsville, NJ

Not Listed for Sale

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