NOT LISTED FOR SALE

508 Outlook Ave Colonia, NJ 07067

Estimated Value: $1,125,900 - $1,255,000

5 Beds
4 Baths
3,400 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $1,152,500 $339 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,582/month

46 Days on Market

Highlights

  • Spa
  • Property is near public transit
  • Wood Flooring
  • Colonial Architecture
  • Cathedral Ceiling
  • 4-minute walk to Merrill Park

About This Home

As of May 2024

Beautiful New Construction home featuring 5 bedrooms,four full baths, 9'ceilings on first floor, an oversized attic, spacious rooms and a full basement with a 9 ft ceiling. Other features include custom molding and trim work, a gas fireplace and hardwood floors though out and a 1st floor bedroom. Laundry room with cabinets, sink and window located on the 2nd floor. The large eat in kitchen features a center island, solid surface counter tops,42 upper cabinets with crown molding and a pantry cabinet. The elegant master bedroom suite includes a double entry door, trey ceiling, his and her closets, and a stunning private bath, a free stand soaking tub, dual vanities, extra-large shower, and raised ceiling. The two-car garage has an insulated door, column free and a separate entrance. Located on a landscaped corner lot within a tranquil neighborhood close NYC train, all major highways and Merrill Park.

Last Agent to Sell the Property

Daniel D'Arcy

RE/MAX 1st ADVANTAGE Listed on: 03/02/2024

RE/MAX 1st ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 2024

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 125.00 x 75.00
  • Corner Lot
  • Private Yard
  • Property is zoned R7-5

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Screen For Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Walk-in Shower

Pool

  • Spa

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Private Water Source
  • Gas Water Heater

Community Details

  • Merril Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,242

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2152
  • Lot Size: 125.00 x 75.00
  • Ownership: Fee Simple
  • Subdivision Name: Merril Park
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2024
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Jacuzzi-Type, Stall Shower, Two Sinks
  • Room Bedroom4 Area: 249.6
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Two Sinks, Full Bath, Walk-In Closet(s)
  • Room Bedroom3 Area: 144.1
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Kitchen Island, Eat-in Kitchen
  • Room Bedroom2 Area: 172.8
  • Room Living Room Area: 151.8
  • Room Kitchen Area: 312
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 285
  • Room Dining Room Area: 165
  • Room Family Room Area: 282
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater
  • Has Basement: Full, Interior Entry, Utility Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace Screen, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Firealarm, High Ceilings, 1 Bedroom, Entrance Foyer, Kitchen, Living Room, Bath Full, Dining Room, Family Room, 4 Bedrooms, Laundry Room, Bath Main, Bath Second, Bath Third, Attic, Unfinished/Other Room
  • Living Area: 3400
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot
  • Exterior Features: Curbs, Sidewalk, Yard, Insulated Pane Windows
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Garage, Attached, Oversized, See Remarks, Garage Door Opener, Driveway

Utilities

  • Gas Company: Natural Gas
  • Security: Fire Alarm
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 200 Amp(s)
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 9374
  • Zoning: R7-5

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
May 14, 2024
Sold by
Tiseo Construction Inc
Bought by
Kadam Hemant and Kadam Priyanka
Seller's Agent
Daniel D'Arcy
RE/MAX 1st ADVANTAGE
List Price
$1,199,900
Sold Price
$1,152,500
Premium/Discount to List
-$47,400
-3.95%
Views
169
Current Estimated Value
$1,190,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,950
Avg. Annual Appreciation
2.38%
Original Mortgage
$800,000
Outstanding Balance
$775,496
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$414,954

Purchase Details

Closed on
Sep 17, 2020
Sold by
Winans David and Darlenzo Edward W
Bought by
Tiseo Construction Inc
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
Kadam Hemant $1,152,500 Core Title
Tiseo Construction Inc $235,000 Westcor Land Title
Tiseo Construction Inc $235,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadam Hemant $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,152,500 -4.0% $339 / Sq Ft
03/02/2024 03/02/24 For Sale $1,199,900 -- $353 / Sq Ft
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
2025 $3,242 $173,300 $26,500 $146,800
2024 $3,107 $26,500 $26,500 $0
2023 $3,107 $26,500 $26,500 $0
2022 $3,027 $26,500 $26,500 $0
2021 $3,001 $26,500 $26,500 $0
2020 $8,332 $75,900 $26,500 $49,400
2019 $8,233 $75,900 $26,500 $49,400
2018 $7,970 $75,900 $26,500 $49,400
2017 $7,825 $75,900 $26,500 $49,400
2016 $7,762 $75,900 $26,500 $49,400
2015 $7,630 $75,900 $26,500 $49,400
2014 $7,467 $75,900 $26,500 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2408145R

All Jersey MLS

APN: 25-00424-06-00617