505 Newark Ave Piscataway, NJ 08854
Estimated Value: $565,000 - $655,000
--
Bed
--
Bath
1,680
Sq Ft
$363/Sq Ft
Est. Value
About This Home
This home is located at 505 Newark Ave, Piscataway, NJ 08854 and is currently estimated at $609,922, approximately $363 per square foot. 505 Newark Ave is a home located in Middlesex County with nearby schools including Knollwood Elementary School, Martin Luther King Intermediate School, and Conackamack Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2024
Sold by
Allocco Michael and Allocco Karina
Bought by
Allocco Michael J and Allocco Karina L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,350
Outstanding Balance
$419,840
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$190,082
Purchase Details
Closed on
Feb 24, 2023
Sold by
Clark Doris V
Bought by
Allocco Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,618
Interest Rate
6.13%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allocco Michael J | -- | Sunrise Title Services | |
| Allocco Michael J | -- | Sunrise Title Services | |
| Allocco Michael | $250,000 | Green Hill Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allocco Michael J | $427,350 | |
| Closed | Allocco Michael J | $427,350 | |
| Previous Owner | Allocco Michael | $355,618 |
Source: Public Records
Tax History Compared to Growth
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 | $8,235 | $470,200 | $283,700 | $186,500 |
| 2024 | $8,056 | $420,800 | $183,000 | $237,800 |
| 2023 | $8,056 | $397,400 | $183,000 | $214,400 |
| 2022 | $7,486 | $343,500 | $183,000 | $160,500 |
| 2021 | $7,401 | $326,700 | $183,000 | $143,700 |
| 2020 | $8,071 | $356,200 | $173,000 | $183,200 |
| 2019 | $7,064 | $297,300 | $173,000 | $124,300 |
| 2018 | $6,629 | $290,000 | $173,000 | $117,000 |
| 2017 | $6,855 | $259,200 | $148,000 | $111,200 |
| 2016 | $6,972 | $259,200 | $148,000 | $111,200 |
| 2015 | $6,374 | $259,200 | $148,000 | $111,200 |
| 2014 | $6,218 | $259,200 | $148,000 | $111,200 |
Source: Public Records
Map
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