NOT LISTED FOR SALE

6 1st Ave Raritan, NJ 08869

Estimated Value: $555,000 - $633,000

-- Bed
-- Bath
-- Sq Ft
37 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $510,000

Est. 10% increase in value since last sale

Current estimated payment $3,842/month

32 Days on Market

About This Home

As of May 2023

This home is located at 6 1st Ave, Raritan, NJ 08869 since 23 February 2023 and is currently estimated at $578,512. This property was built in 1900. 6 1st Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Agent to Sell the Property

Gregory Maglione

E REAL ESTATE AGENCY LLC Brokerage Phone: 888-311-3993 Listed on: 02/23/2023

Last Buyer's Agent

KAREN LOIACONO-WILKINSON

EXP REALTY, LLC

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,388

Year Built

  • Built in 1900

Lot Details

  • 37 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,388

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • County Name: Somerset
  • Street Number Display: 6
  • I D: 5204953
  • Modified: 2024-05-26
  • Number Images: 1
  • Attribution Contact: 888-311-3993
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 37.5X121
  • Total Acres: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
May 9, 2023
Sold by
Jaejco Llc
Bought by
6 1St Ave Llc
Seller's Agent
Gregory Maglione
E REAL ESTATE AGENCY LLC
Buyer's Agent
KAREN LOIACONO-WILKINSON
EXP REALTY, LLC
List Price
$535,000
Sold Price
$510,000
Premium/Discount to List
-$25,000
-4.67%
Views
150
Current Estimated Value
$558,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,911
Avg. Annual Appreciation
4.74%
Original Mortgage
$381,250
Outstanding Balance
$372,723
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$192,196

Purchase Details

Closed on
Feb 14, 2020
Sold by
Ferns James J and Demarco Patrice
Bought by
Jaejco Llc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Wolenski Joseph W and The Peter L Cavaluzzo 1993 Irr
Bought by
Ferns James J and Demarco Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1993
Sold by
Cavaluzzo Peter L
Bought by
Wolenski Joseph

Purchase Details

Closed on
Dec 28, 1992
Sold by
Cavaluzzo Concordia and Cavaluzzo Peter
Bought by
Cavaluzzo Peter and Cavaluzzo Concordia

Purchase Details

Closed on
Dec 20, 1991
Sold by
Zelano John and Zelano Salvatore
Bought by
Zelano Angelo

Purchase Details

Closed on
Nov 16, 1990
Sold by
Zelano Angelo
Bought by
Zelano Salvatore and Zelano John
Source: Public Records

Range of Values:

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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
6 1St Ave Llc $510,000 Old Republic Title
Jaejco Llc -- None Available
Ferns James J $395,000 None Available
Wolenski Joseph $45,000 --
Cavaluzzo Peter -- --
Cavaluzzo Peter -- --
Zelano Angelo -- --
Zelano Salvatore $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 6 1St Ave Llc $381,250
Previous Owner Ferns James J $325,432
Previous Owner Ferns James J $355,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $510,000 -4.7% --
03/27/2023 03/27/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $535,000 -- --
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 $9,388 $314,400 $142,500 $171,900
2023 $8,951 $314,400 $142,500 $171,900
2022 $8,696 $314,400 $142,500 $171,900
2021 $8,174 $314,400 $142,500 $171,900
2020 $8,046 $314,400 $142,500 $171,900
2019 $8,017 $314,400 $142,500 $171,900
2018 $7,706 $314,400 $142,500 $171,900
2017 $7,502 $314,400 $142,500 $171,900
2016 $7,357 $314,400 $142,500 $171,900
2015 $7,046 $314,400 $142,500 $171,900
2014 $7,068 $314,400 $142,500 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3830039

Garden State MLS

APN: 16-00089-0000-00004