NOT LISTED FOR SALE

56 Rutgers Dr Oakland, NJ 07436

Estimated Value: $618,000 - $769,000

4 Beds
3 Baths
2,170 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $475,000 $219 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,949/month

66 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Baseboard Heating
  • Rectangular Lot
  • Indian Hills High School Rated A

About This Home

As of May 2022

**BACK ON MARKET DUE TO NON PERFORMING BUYER.** WELCOME TO THE SOUGHT AFTER HEIGHTS "COLLEGE SECTION" NEIGHBORHOOD OF OAKLAND! THIS SPACIOUS FOUR BDRM CONTEMP COLONIAL OFFERS THE RIGHT BUYER A FANTASTIC OPPORTUNITY. THE LARGE EAT IN KITCHEN AND FAMILY ROOM BOTH HAVE ACCESS TO DECK VIA SLIDING DOORS. THE LARGE FINISHED BASEMENT HAS LAUNDRY, UTILITIES AND PLENTY OF STORAGE. SHORT SALE HAS BEEN APPROVED. THIS IS A SHORT SALE SUBJECT TO THIRD PARTY APPROVAL. HOME IS BEING SOLD AS-IS, WHERE-IS CONDITION WITH NO WARRANTIES EXPRESSED OR IMPLIED. INSPECTIONS ARE FOR INFORMATIONAL PURPOSES ONLY. THERE IS A 3% OR $10,000(WHICHEVER IS GREATER) SHORT SALE FEE PAID BY BUYER. BUYER WILL BE RESPONSIBLE FOR ALL FHA,VA OR LENDER REPAIRS NEEDED FOR FINANCING, IF REQUIRED. PLEASE NOTE THAT IF THE TOWN REQUIRES A CERTIFICATE OF OCCUPANCY, THIS WILL BE THE BUYERS RESPONSIBILITY. ALL CONTRACTS MUST HAVE WET SIGNATURES, BANKS WILL NOT ACCEPT DIGITAL SIGNATURE

Last Agent to Sell the Property

Mary Ellen Merenoff

United Real Estate Listed on: 02/01/2022

United Real Estate

Last Buyer's Agent

Jeff Homsy

Weichert Realtors, Wayne

Weichert Realtors, Wayne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,077

Lot Details

  • 9,365 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 05002

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,077

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 888-501-6953
  • MLS Status: Sold - Sold
  • Directions: FRANKLIN AVENUE TO RUTGERS
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,2000's,Build Prior to 1978
  • PropertySubTypeAdditional: 2story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: REC RM, OFFICE, LAUNDRY AND STORAGE

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Washer and dryer
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas, Hot Water

Lot Info

  • Lot Size Sq Ft: 9365.0

Tax Info

  • Tax Annual Amount: 12077.0
  • Tax Block: 05002
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 17, 2022
Sold by
Hernandez Manuel A
Bought by
Sayegh George E and Sayegh Alyssa M
Seller's Agent
Mary Ellen Merenoff
United Real Estate
Buyer's Agent
Jeff Homsy
Weichert Realtors, Wayne
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Current Estimated Value
$729,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,750
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Hernandez Manuel A and Hernandez Consuelo
Bought by
Hernandez Manuel A

Purchase Details

Closed on
Dec 13, 2004

Purchase Details

Closed on
Mar 30, 2004
Sold by
Radcliffe Margot
Bought by
Melendez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sayegh George E $475,000 Fortuna Title
Sayegh George E $475,000 Fortuna Title
Hernandez Manuel A -- None Available
-- -- --
Melendez Jose $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melendez Jose $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $475,000 -5.0% $219 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $500,000 0.0% $230 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $500,000 0.0% $230 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $500,000 -- $230 / Sq Ft
Source: New Jersey 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
2025 $13,149 $617,700 $314,500 $303,200
2024 $12,986 $571,700 $285,200 $286,500
2023 $12,543 $547,000 $274,100 $272,900
2022 $12,543 $533,300 $268,000 $265,300
2021 $12,077 $393,400 $196,100 $197,300
2020 $11,798 $393,400 $196,100 $197,300
2019 $11,385 $393,400 $196,100 $197,300
2018 $11,145 $393,400 $196,100 $197,300
2017 $10,999 $393,400 $196,100 $197,300
2016 $10,700 $393,400 $196,100 $197,300
2015 $10,488 $393,400 $196,100 $197,300
2014 $10,272 $393,400 $196,100 $197,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22003086

New Jersey MLS

APN: 42-05002-0000-00005