NOT LISTED FOR SALE

550 Forest Rd Unit 2 Scotch Plains, NJ 07076

Estimated Value: $554,923 - $678,000

2 Beds
1 Bath
1,506 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 550 Forest Rd Unit 2, Scotch Plains, NJ 07076 and is currently estimated at $627,231, approximately $416 per square foot. 550 Forest Rd Unit 2 is a home located in Union County with nearby schools including School One Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
King River Investment Llc
Bought by
Carter Rashida
Current Estimated Value
$627,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,310
Outstanding Balance
$507,943
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$119,288

Purchase Details

Closed on
Nov 24, 2021
Sold by
Martorina Orazio
Bought by
King Riverside Investment Llc

Purchase Details

Closed on
Feb 15, 2006
Sold by
Martorina Orazio
Bought by
Martorina Orazio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Appezzato Mauro
Bought by
Martorina Orizio and Martorina Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,250
Interest Rate
6.03%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Carter Rashida $560,000 Ashkenazi Rebecca S
King Riverside Investment Llc $465,000 Hometown Title Agency Llc
Martorina Orazio -- --
Martorina Orizio $301,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Rashida $541,310
Previous Owner Martorina Orazio $388,000
Previous Owner Martorina Orizio $349,250
Source: Public Records

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 $12,309 $104,600 $26,500 $78,100
2024 $11,946 $104,600 $26,500 $78,100
2023 $11,946 $104,600 $26,500 $78,100
2022 $9,468 $83,900 $26,500 $57,400
2021 $9,452 $83,900 $26,500 $57,400
2020 $9,407 $83,900 $26,500 $57,400
2019 $9,337 $83,900 $26,500 $57,400
2018 $9,180 $83,900 $26,500 $57,400
2017 $8,976 $83,900 $26,500 $57,400
2016 $8,804 $83,900 $26,500 $57,400
2015 $8,659 $83,900 $26,500 $57,400
2014 $8,374 $83,900 $26,500 $57,400
Source: Public Records

Map

New Jersey Union County Scotch Plains 07076

550 Forest Rd Unit 2, Scotch Plains, NJ

This home is located at 550 Forest Rd Unit 2, Scotch Plains, NJ 07076 and is currently estimated at $627,231, approximately $416 per square foot. 550 Forest Rd Unit 2 is a home located in Union County with nearby schools including School One Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

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