NOT LISTED FOR SALE

506 Springfield Ave Cranford, NJ 07016

Estimated Value: $1,075,000 - $1,858,000

6 Beds
3.5 Baths
4,652 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2022

Last sale price $1,100,000 $236 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,371 / mo

84 Days on Market

Highlights

  • Media Room
  • Custom Home
  • Deck
  • Cranford Sr High School Rated A-
  • 0.48 Acre Lot
  • Living Room with Fireplace

About This Home

As of December 2022

Beautiful colonial home in the perfect area! Located in the safe, clean, up and coming neighborhood of Cranford NJ this home has;* 4652 sqft * Brick frame* Built 1918* 6 bedrooms* 3 full bath* 1 half bath* 2 car detached garage with working shutter *NOT IN A FEMA FLOOD ZONE * HVAC central air (3 units)* New Hot water pump* Natural gas backup electric generator* Sprinkler system* Renovations done in 2009-2011,2014* Indoor theatre with surround sound system* Outdoor theatre with surround sound system and retractable TV* Indoor kitchen with ventilated grill, modern oven, fridge, sink* Outdoor kitchen with grill, oven, fridge* Back up Gas electric generator* Basement water sump pump and French drain* Covered patio* Recent renovations* Outdoor lighting* Sprinkler system* Tesla electric car charger* Security system* HVAC and Generator have transferrable contracts *HVAC has UV air purification*

Last Agent to Sell the Property

JOSEPH GANSER

WEICHERT REALTORS Brokerage Phone: 908-347-7846 Listed on: 08/31/2022

Last Buyer's Agent

JOSEPH GANSER

WEICHERT REALTORS Brokerage Phone: 908-347-7846 Listed on: 08/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,285

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 21,000 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,652 Sq Ft Home
  • Dry Bar
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Media Room
  • Den
  • Library
  • Game Room
  • Utility Room
  • Home Gym

Kitchen

  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Sump Pump
  • French Drain

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Gazebo
  • Outdoor Grill
  • Porch

Schools

  • Brookside Elementary School
  • Orange Middle School
  • Cranford High School

Utilities

  • Central Air
  • Radiant Heating System
  • Standard Electricity
  • Water Filtration System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 2903-00201-0000-00009-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,285

Year Built

Built in 1918 | Remodeled

Lot Details

0.48 Acres

Parking

2

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1918
  • Year Built Description: Renovated
  • County Name: Union
  • Exclusions: All possessions.
  • Possible Other Uses: Home-Office, Professional Use
  • Directions: Call/email LA for appointments to show: 908-347-7846/ JoeGanserRealEstate@gmail.com. All offers must submitted to listing agent in contact form.
  • I D: 5174355
  • First Name: JOSEPH
  • First Name3: JOSEPH
  • Last Name: GANSER
  • Last Name3: GANSER
  • Attribution Contact: 908-347-7846
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Sump Pump, Washer, Water Filter, WineRefr
  • Interior Amenities: Bar-Dry, Blinds, Smoke Detector
  • Bedrooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Steam
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially, French Drain
  • Basement Level Rooms: Exercise Room, Laundry Room, Living Room, Utility Room
  • Dining Room Level: Ground
  • Den Level: Ground
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Dim: 15x11
  • Kitchen Level: Ground
  • Living Room Dim: 15x28
  • Living Room Level: Ground
  • Other Room 1: Game Room
  • Level 1 Rooms: 4 Or More Bedrooms, RecRoom, Toilet
  • Level 2 Rooms: 2 Bedrooms, GameRoom, Library
  • Estimated Sq Ft: 4652
  • Ground Level Rooms: Den, Vestibul, Foyer, GameRoom, Kitchen, Media Room, Pantry, Toilet
  • Phone: 201-653-8488

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Barbeque, Deck, Gazebo, Open Porch(es), OutDrKit, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Garage Door Opener
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Private, Public Water
  • Water Heater: From Furnace

Schools

  • High School: Cranford HS
  • Middle Jr High School: Orange

Lot Info

  • Lot Size: 21000 SF
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.48

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: 26285
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2903-00201-0000-00009-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 6.583
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Brookside

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
Seller's Agent
JOSEPH GANSER
WEICHERT REALTORS
Buyer's Agent
JOSEPH GANSER
WEICHERT REALTORS
List Price
$1,475,000
Sold Price
$1,100,000
Premium/Discount to List
-$375,000
-25.42%
Views
23
Current Estimated Value
$1,505,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,394
Avg. Annual Appreciation
9.55%
Original Mortgage
$770,000
Outstanding Balance
$744,142
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$761,252

Purchase Details

Closed on
Nov 2, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 17, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Two Rivers Title
$1,100,000 Two Rivers Title
-- Lawyers Title Insurance Corp
$525,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $770,000
Closed $770,000
Previous Owner $440,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2022 12/29/22 Sold $1,100,000 0.0% $236 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/17/2022 11/17/22 Off Market $1,100,000 -- --
11/07/2022 11/07/22 Price Changed $1,200,000 -7.0% $258 / Sq Ft
10/26/2022 10/26/22 Price Changed $1,290,000 -7.2% $277 / Sq Ft
09/20/2022 09/20/22 Price Changed $1,390,000 -5.8% $299 / Sq Ft
08/31/2022 08/31/22 For Sale $1,475,000 -- $317 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $27,069 $399,300 $131,000 $268,300
2024 $26,621 $399,300 $131,000 $268,300
2023 $26,621 $399,300 $131,000 $268,300
2022 $26,402 $399,300 $131,000 $268,300
2021 $26,286 $399,300 $131,000 $268,300
2020 $26,202 $399,300 $131,000 $268,300
2019 $26,034 $399,300 $131,000 $268,300
2018 $25,563 $399,300 $131,000 $268,300
2017 $24,685 $399,300 $131,000 $268,300
2016 $23,786 $399,300 $131,000 $268,300
2015 $23,163 $399,300 $131,000 $268,300
2014 $22,688 $399,300 $131,000 $268,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JOSEPH GANSER

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3804937

Garden State MLS

APN: 03-00201-0000-00009

New Jersey Union County Cranford 07016

506 Springfield Ave, Cranford, NJ

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