NOT LISTED FOR SALE

542 Lincoln Ave Scotch Plains, NJ 07076

Estimated Value: $929,942 - $1,265,000

2 Beds
1.5 Baths
1,219 Sq Ft
$915/Sq Ft Est. Value

Last Sold September 08, 2019

Last sale price $215,000 $176 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $6,625/month

23 Days on Market

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 2019

AS-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 *

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,215

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Custom Home, Fixer Upper, Colonial
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 542
  • Directions: S. Martine Ave. to Trenton Ave. to Lincoln Ave.
  • I D: 4892394
  • Modified: 2020-09-09
  • Number Images: 6
  • First Name: JENNIFER
  • First Name3: JENNIFER
  • Last Name: D ELIA
  • Last Name3: D ELIA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Laminate, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Carbon Monoxide Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 15x8
  • Kitchen Level: First
  • Living Room Dim: 12x20
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Bath(s) Other, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main
  • Estimated Sq Ft: 1219
  • Phone: 908-514-4105

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 000.081 AC
  • Assessed Improvement Value: 39300
  • Assessed Land Value: 17500
  • Assessment: 56800
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

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: 6215
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2916-08704-0000-00007-0000-
  • Tax Rate Amount: 10.942
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

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
Current Estimated Value
$1,179,521

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
34.01%

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
Source: Public Records

Range of Values:

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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

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

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 $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

See All Agents

Map

Source: Garden State MLS

MLS Number: 3551852

Garden State MLS

APN: 16-08704-0000-00007

New Jersey Union County Scotch Plains 07023

542 Lincoln Ave, Scotch Plains, NJ

This home is located at 542 Lincoln Ave, Scotch Plains, NJ 07076 since 29 April 2019 and is currently estimated at $1,115,486, approximately $915 per square foot. This property was built in 1950. 542 Lincoln Ave is a home located in Union County with nearby schools including William J. McGinn Elementary School, Terrill Middle School, and Scotch Plains-Fanwood High School.

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