542 Lincoln Ave Scotch Plains, NJ 07076
Estimated Value: $1,013,476 - $1,321,000
2
Beds
1.5
Baths
1,219
Sq Ft
$998/Sq Ft
Est. Value
Highlights
- Custom Home
- Wood Flooring
- Formal Dining Room
- William J. McGinn Elementary School Rated A-
- Corner Lot
- 2-minute walk to Kramer Manor Park
About This Home
As of September 2019AS-IS only, buyer responsible for CO. Cash or 203K only. Short Sale. Part of side yard is in Fanwood (block 121, Lot 1)
Last Agent to Sell the Property
JENNIFER D ELIA
SAMSEL & ASSOCIATES Listed on: 04/29/2019
Last Buyer's Agent
JENNIFER D ELIA
SAMSEL & ASSOCIATES Listed on: 04/29/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,215
Year Built
- Built in 1950
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
Parking
- 1 Car Detached Garage
Home Design
- Custom Home
- Colonial Architecture
- Fixer Upper
- Vinyl Siding
Interior Spaces
- 1,219 Sq Ft Home
- Living Room
- Formal Dining Room
- Unfinished Basement
- Partial Basement
- Carbon Monoxide Detectors
Kitchen
- Gas Oven or Range
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2916-08704-0000-00007-0000-
- Tax Block *
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2023
Sold by
Cheng Jerry
Bought by
Oh Jae Ik and Oh Sarah Ek
Total Days on Market
23
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
$300,000
Outstanding Balance
$280,355
Interest Rate
6.55%
Estimated Equity
$936,014
Purchase Details
Closed on
Jun 1, 2020
Sold by
542 Lincoln Llc
Bought by
Cheng Jerry
Purchase Details
Listed on
Apr 29, 2019
Closed on
Aug 22, 2019
Sold by
Mindo Jeffery
Bought by
542 Lincoln Llc
Seller's Agent
JENNIFER D ELIA
SAMSEL & ASSOCIATES
Buyer's Agent
JENNIFER D ELIA
SAMSEL & ASSOCIATES
List Price
$199,992
Sold Price
$215,000
Premium/Discount to List
$15,008
7.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.32%
Purchase Details
Closed on
Nov 8, 2016
Sold by
Mindo Jeffrey A and Mindo Cynthia
Bought by
Mindo Jeffrey
Purchase Details
Closed on
Jul 27, 1998
Sold by
Bankers Trust Company Of California Na
Bought by
Mindo Jeffrey A and Mindo Cynthia
Purchase Details
Closed on
Mar 13, 1997
Sold by
Bankers Trust Company Of California Na
Bought by
Mindo Jeffrey A and Mindo Cynthia
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oh Jae Ik | $1,099,000 | None Listed On Document | |
| Cheng Jerry | -- | Clear Skies Title Agency | |
| 542 Lincoln Llc | $215,000 | Clear Skies Title Agency | |
| Mindo Jeffrey | -- | -- | |
| Mindo Jeffrey A | -- | -- | |
| Mindo Jeffrey A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oh Jae Ik | $300,000 | |
| Previous Owner | Cheng Jerry | $272,000 | |
| Previous Owner | Mindo Jeffrey A | $102,000 | |
| Previous Owner | Mindo Jeffrey A | $100,000 | |
| Previous Owner | Mindo Jeffrey A | $75,000 | |
| Previous Owner | Mindo Jeffrey A | $89,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2019 09/08/19 | Sold | $215,000 | +7.5% | $176 / Sq Ft |
| 05/22/2019 05/22/19 | Pending | -- | -- | -- |
| 04/29/2019 04/29/19 | For Sale | $199,992 | -- | $164 / Sq Ft |
Source: Garden State MLS
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 |
|---|---|---|---|---|
| 2024 | $1,999 | $179,400 | $17,500 | $161,900 |
| 2023 | $1,999 | $17,500 | $17,500 | $0 |
| 2022 | $1,975 | $17,500 | $17,500 | $0 |
| 2021 | $1,972 | $17,500 | $17,500 | $0 |
| 2020 | $6,368 | $56,800 | $17,500 | $39,300 |
| 2019 | $6,321 | $56,800 | $17,500 | $39,300 |
| 2018 | $6,215 | $56,800 | $17,500 | $39,300 |
| 2017 | $6,077 | $56,800 | $17,500 | $39,300 |
| 2016 | $5,960 | $56,800 | $17,500 | $39,300 |
| 2015 | $5,862 | $56,800 | $17,500 | $39,300 |
| 2014 | $5,669 | $56,800 | $17,500 | $39,300 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2019
JENNIFER D ELIA
SAMSEL & ASSOCIATES
Map
Source: Garden State MLS
MLS Number: 3551852
APN: 16-08704-0000-00007
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