$600,000
SOLD DEC 16, 2024

525 W Front St Unit 27 Plainfield, NJ 07060

-- Bed
-- Bath
-- Sq Ft
1911 Built

Recently Sold

14% Above List Price

34 Days on Market

About This Home

As of December 2024

This home is located at 525 W Front St Unit 27, Plainfield, NJ 07060 and is currently priced at $600,000. This property was built in 1911. 525 W Front St Unit 27 is a home located in Union County with nearby schools including Charles H. Stillman Elementary School, Hubbard Middle School, and Plainfield High School.

Last Agent to Sell the Property

Gareth Farmer

RE/MAX FIRST REALTY Brokerage Phone: 732-257-3500 Listed on: 07/31/2024

RE/MAX FIRST REALTY

Last Buyer's Agent

Gareth Farmer

RE/MAX FIRST REALTY Brokerage Phone: 732-257-3500 Listed on: 07/31/2024

RE/MAX FIRST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,508

Year Built

  • Built in 1911

Lot Details

  • 98 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,508

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Year Built: 1911
  • County Name: Union
  • Street Number Display: 525
  • I D: 5304133
  • Modified: 2024-12-21
  • Number Images: 1
  • Attribution Contact: 732-257-3500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X185.98 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Nov 29, 2024
Sold by
Balmer Lorenzo and Balmer Cora
Bought by
Penaloza Richard A Santana and Guevara Maria P
Seller's Agent
Gareth Farmer
RE/MAX FIRST REALTY
Buyer's Agent
Gareth Farmer
RE/MAX FIRST REALTY
List Price
$525,000
Sold Price
$600,000
Premium/Discount to List
$75,000
14.29%
Views
77
Current Estimated Value
$595,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,281
Avg. Annual Appreciation
1.28%
Original Mortgage
$480,000
Outstanding Balance
$478,362
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$125,681

Purchase Details

Closed on
Aug 23, 1978
Bought by
Balmer Lorenzo and Balmer Cora
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $600,000 Stewart Title
Deed $600,000 Stewart Title
Deed $39,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Closed $480,000 New Conventional
Previous Owner $393,750 Construction
Previous Owner $237,000 New Conventional
Previous Owner $281,084 FHA
Previous Owner $238,627 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $600,000 +14.3% --
09/06/2024 09/06/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $525,000 -- --
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
2024 $11,508 $133,100 $32,100 $101,000
2023 $11,508 $133,100 $32,100 $101,000
2022 $11,259 $133,100 $32,100 $101,000
2021 $11,160 $133,100 $32,100 $101,000
2020 $11,128 $133,100 $32,100 $101,000
2019 $11,128 $133,100 $32,100 $101,000
2018 $10,896 $133,100 $32,100 $101,000
2017 $10,629 $133,100 $32,100 $101,000
2016 $10,412 $133,100 $32,100 $101,000
2015 $10,105 $133,100 $32,100 $101,000
2014 -- $133,100 $32,100 $101,000
Source: Public Records

Agents Affiliated with this Home

  • Gareth Farmer

    Seller's Agent in 2024

    Gareth Farmer

    RE/MAX

    (908) 906-2000

    2 in this area

    42 Total Sales

    Gareth Farmer
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3916428

Garden State MLS

APN: 12-00235-0000-00007

New Jersey Union County Plainfield 07060

525 W Front St Unit 27, Plainfield, NJ

This home is located at 525 W Front St Unit 27, Plainfield, NJ 07060 and is currently priced at $600,000. This property was built in 1911. 525 W Front St Unit 27 is a home located in Union County with nearby schools including Charles H. Stillman Elementary School, Hubbard Middle School, and Plainfield High School.

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