NOT LISTED FOR SALE

551 Spruce Ave Unit 2 Garwood, NJ 07027

Estimated Value: $391,000 - $624,227

2 Beds
2 Baths
1,305 Sq Ft
$408/Sq Ft Est. Value

About This Home

This home is located at 551 Spruce Ave Unit 2, Garwood, NJ 07027 and is currently estimated at $532,057, approximately $407 per square foot. 551 Spruce Ave Unit 2 is a home located in Union County with nearby schools including Lincoln Franklin Elementary, Lightbridge Academy of Westfield, and Christopher Academy Montessori.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Unnold Rita D
Bought by
Bianco Thomas and Bianco Stephanie
Current Estimated Value
$532,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,683
Outstanding Balance
$360,407
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$190,262
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Bianco Thomas $387,392 Attorney Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianco Thomas $366,683
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
2024 $9,918 $387,300 $216,000 $171,300
2023 $9,918 $366,800 $216,000 $150,800
2022 $9,654 $366,800 $216,000 $150,800
2021 $9,383 $366,800 $216,000 $150,800
2020 $9,232 $366,800 $216,000 $150,800
2019 $10,364 $102,400 $40,200 $62,200
2018 $10,143 $102,400 $40,200 $62,200
2017 $9,897 $102,400 $40,200 $62,200
2016 $9,642 $102,400 $40,200 $62,200
2015 $9,268 $102,400 $40,200 $62,200
2014 $8,927 $102,400 $40,200 $62,200
Source: Public Records

Map

New Jersey Union County Garwood 07027

551 Spruce Ave Unit 2, Garwood, NJ

This home is located at 551 Spruce Ave Unit 2, Garwood, NJ 07027 and is currently estimated at $532,057, approximately $407 per square foot. 551 Spruce Ave Unit 2 is a home located in Union County with nearby schools including Lincoln Franklin Elementary, Lightbridge Academy of Westfield, and Christopher Academy Montessori.

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