NOT LISTED FOR SALE

51 Possum Way New Providence, NJ 07974

Estimated Value: $997,000 - $1,213,000

5 Beds
3 Baths
2,844 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $827,000 $291 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,259/month

31 Days on Market

About This Home

As of August 2022

This home is located at 51 Possum Way, New Providence, NJ 07974 since 07 June 2022 and is currently estimated at $1,102,307, approximately $387 per square foot. This property was built in 1960. 51 Possum Way is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Scotch Plains Baptist Christian Day School.

Last Agent to Sell the Property

Michele DiBenedetto

BHHS FOX & ROACH Brokerage Phone: 908-464-5200 Listed on: 06/07/2022

BHHS FOX & ROACH

Last Buyer's Agent

Jing Ning

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,983

Year Built

  • Built in 1960

Lot Details

  • 0.35 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,983

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Union
  • Street Number Display: 51
  • I D: 5135740
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 908-464-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .349 AC
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 11, 2022
Sold by
Anderson and Ronald
Bought by
Cheung Leon and Wu Hongqian
Seller's Agent
Michele DiBenedetto
BHHS FOX & ROACH
Buyer's Agent
Jing Ning
REALMART REALTY
List Price
$850,000
Sold Price
$827,000
Premium/Discount to List
-$23,000
-2.71%
Current Estimated Value
$1,102,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,307
Avg. Annual Appreciation
9.68%
Original Mortgage
$648,000
Outstanding Balance
$612,071
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$490,236

Purchase Details

Closed on
May 9, 2005
Sold by
Anderson Ronald
Bought by
Anderson Susan

Purchase Details

Closed on
Oct 12, 1994
Sold by
Riebensahm Knut and Riebensahm Karin
Bought by
Anderson Ronald and Anderson Susan
Source: Public Records

Range of Values:

Collateral Analytics

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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
Cheung Leon $827,000 Hubbard Kevin J
Anderson Susan $300,000 --
Anderson Ronald $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Leon $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $827,000 -2.7% $291 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $850,000 -- $299 / Sq Ft
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 $16,983 $329,000 $161,100 $167,900
2024 $16,473 $329,000 $161,100 $167,900
2023 $16,473 $329,000 $161,100 $167,900
2022 $16,246 $329,000 $161,100 $167,900
2021 $16,128 $329,000 $161,100 $167,900
2020 $16,121 $329,000 $161,100 $167,900
2019 $16,022 $329,000 $161,100 $167,900
2018 $15,940 $329,000 $161,100 $167,900
2017 $15,680 $329,000 $161,100 $167,900
2016 $15,460 $329,000 $161,100 $167,900
2015 $15,246 $329,000 $161,100 $167,900
2014 $15,016 $329,000 $161,100 $167,900
Source: Public Records

Agents Affiliated with this Home

  • Michele DiBenedetto

    Seller's Agent in 2022

    Michele DiBenedetto

    BHHS FOX & ROACH

    (908) 432-5603

    59 in this area

    87 Total Sales

    Michele DiBenedetto
    Section Image

  • J

    Buyer's Agent in 2022

    Jing Ning

    REALMART REALTY

    (585) 978-1068

    7 in this area

    125 Total Sales

    Jing Ning
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3787350

Garden State MLS

APN: 11-00371-0000-00019

New Jersey Union County New Providence 07974

51 Possum Way, New Providence, NJ

This home is located at 51 Possum Way, New Providence, NJ 07974 since 07 June 2022 and is currently estimated at $1,102,307, approximately $387 per square foot. This property was built in 1960. 51 Possum Way is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Scotch Plains Baptist Christian Day School.

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