NOT LISTED FOR SALE

502 Park Place Springfield, NJ 07081

Estimated Value: $519,000 - $632,577

2 Beds
3.5 Baths
1,464 Sq Ft
1,063 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $535,000 $365 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,100/month

30 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Property is near shops
  • Contemporary Architecture
  • Kitchen Island
  • Forced Air Heating System

About This Home

As of February 2023

Stunning Townhouse !!! Newly Remodeled. North West Facing. Located in The Beautiful & Private Community The Park Place. Offers an open Layout. Nice High Ceilings & a Stone Wood Fire Place off the Family room. Brand New Gourmet Eat In Kitchen with Custom Cabinets & Custom Counter Top (top of the Line Silestone) New Stainless Steel Appliances. The entire Unit Freshly Painted. Beautiful Vinyl Floors throughout. 3 and a Half Fully Updated Bathrooms, Master Bathroom offers Double Vanity & Custom Glass Shower Door. Furnace 2015. Hot Water Heater 2014, A/C 2014. Beautiful Brand New TREX Deck & Railing. Beautiful Finished Basement. Laundry room. Garage with inside entrance & spacious. Garage door opener. Great Location & community. Amenities Out Door Pool Recently renovated & Tennis Courts & club house . Excellent Schools. Close to HWYS & NYC Transportation. Great for Commuters. There are Schools Stops inside the development. Showing starts Jan 28th ACCESS: AT GATE USE VISITOTS LANE. KEY IN "000." WHEN PROMPTED SAY "UNIT 502." WHEN PROMPTED FOR PW SAY"PARK."

Last Agent to Sell the Property

Don Weingart

FOX & FOXX REALTY, LLC Listed on: 01/28/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,279

Year Built

  • Built in 1988

Lot Details

  • 1,063

Parking

  • 1 Car Attached Garage
  • Open Parking

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Washer
  • Vinyl Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near shops

Community Details

Overview

  • $1,350 One-Time Association Fee
  • Property has a Home Owners Association
  • Association fees include management fee, common area maintenance, snow removal
  • Springfield Park Place Subdivision

Building Details

  • Maintenance Expense $498

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,279

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size Acres: 0.0244
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Springfield Park Place
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Below Grade, Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Kitchen Island, Pantry
  • Appliances: Dishwasher, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Full, Finished, Bath Full, Utility Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl-Linoleum
  • Interior Amenities: Kitchen, Living Room, Dining Room, 2 Bedrooms, Bath Main, Bath Other
  • Living Area: 1464
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Asphalt, Garage, Attached, On Site, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 1350
  • Association Fee Frequency: One Time
  • Association: Yes
  • ResoAssociationFeeFrequency: OneTime

Fee Information

  • Association Fee Includes: Management Fee, Common Area Maintenance, Snow Removal

Lot Info

  • Lot Size Sq Ft: 1063

Multi Family

  • Maintenance Expense: 498

Tax Info

  • Tax Annual Amount: 9279
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
Feb 24, 2023
Sold by
Fox & Foxx Development Llc
Bought by
Waldman Amy
Seller's Agent
Don Weingart
FOX & FOXX REALTY, LLC
List Price
$489,999
Sold Price
$535,000
Premium/Discount to List
$45,001
9.18%
Views
201
Current Estimated Value
$599,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,644
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Oct 31, 2022
Sold by
Strodel Mary J
Bought by
Fox & Foxx Development Llc

Purchase Details

Listed on
Jan 29, 2020
Closed on
Jun 1, 2020
Sold by
Narasimhan Saranath and Subramaniam Architha
Bought by
Strodel Mary J
Seller's Agent
Ryan Bruen
COLDWELL BANKER REALTY
List Price
$389,000
Sold Price
$372,000
Premium/Discount to List
-$17,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
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
Waldman Amy $535,000 Suburban Title
Fox & Foxx Development Llc $343,000 Stewart Title
Strodel Mary J $372,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $535,000 +9.2% $365 / Sq Ft
01/28/2023 01/28/23 For Sale $489,999 +31.7% $335 / Sq Ft
06/01/2020 06/01/20 Sold $372,000 -1.8% --
04/21/2020 04/21/20 Price Changed $379,000 -2.6% --
01/29/2020 01/29/20 For Sale $389,000 -- --
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
2024 $9,993 $450,300 $180,000 $270,300
2023 $9,993 $427,800 $180,000 $247,800
2022 $9,279 $427,800 $180,000 $247,800
2021 $10,892 $146,300 $41,800 $104,500
2020 $10,722 $146,300 $41,800 $104,500
2019 $10,577 $146,300 $41,800 $104,500
2018 $10,387 $146,300 $41,800 $104,500
2017 $10,102 $146,300 $41,800 $104,500
Source: Public Records

Agents Affiliated with this Home

  • Don Weingart

    Seller's Agent in 2023

    Don Weingart

    FOX & FOXX REALTY, LLC

    (732) 486-3444

    1 in this area

    42 Total Sales

    Don Weingart
    Section Image
  • Ryan Bruen

    Seller's Agent in 2020

    Ryan Bruen

    COLDWELL BANKER REALTY

    (973) 294-8887

    1 in this area

    202 Total Sales

    Ryan Bruen
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2307909R

All Jersey MLS

APN: 17-04001-0000-00002-032

New Jersey Union County Springfield 07081

502 Park Place, Springfield, NJ

This home is located at 502 Park Place, Springfield, NJ 07081 since 28 January 2023 and is currently estimated at $599,644, approximately $409 per square foot. This property was built in 1988. 502 Park Place is a home located in Union County with nearby schools including Jonathan Dayton High School and St James The Apostle School.

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