$650,000
SOLD DEC 16, 2024

7 Edgewood Terrace South Bound Brook, NJ 08880

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

14% Above List Price

7 Days on Market

About This Home

As of December 2024

This home is located at 7 Edgewood Terrace, South Bound Brook, NJ 08880 and is currently priced at $650,000. This property was built in 1941. 7 Edgewood Terrace is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

Last Agent to Sell the Property

ARARAT VARDANYAN

HALO REALTY PROPERTIES LLC Brokerage Phone: 848-229-1810 Listed on: 10/04/2024

Last Buyer's Agent

MICHAEL DOLAN

RE/MAX CLASSIC GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,414

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,414

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • County Name: Somerset
  • Street Number Display: 7
  • I D: 5317188
  • Modified: 2024-12-17
  • Number Images: 48
  • Attribution Contact: 848-229-1810
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 75X92
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 16, 2024
Sold by
Argoarm Capital Inc
Bought by
Mohanlall Michael
Seller's Agent
ARARAT VARDANYAN
HALO REALTY PROPERTIES LLC
Buyer's Agent
MICHAEL DOLAN
RE/MAX CLASSIC GROUP
List Price
$569,000
Sold Price
$650,000
Premium/Discount to List
$81,000
14.24%
Views
23
Current Estimated Value
$645,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,369
Avg. Annual Appreciation
-0.86%
Original Mortgage
$512,000
Outstanding Balance
$508,465
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$137,166

Purchase Details

Closed on
Apr 1, 2024
Sold by
Teitjen John
Bought by
Argoarm Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,750
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Rac Mgmt Corp Trus
Bought by
Tietjen John and Tietjen Bonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.66%

Purchase Details

Closed on
Nov 8, 2002
Sold by
Haas James
Bought by
Theofanides Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.03%

Purchase Details

Closed on
Dec 30, 1988
Sold by
Pucher Dimitri D Executor
Bought by
Haas James R and Haas Domenic
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 Type Sale Price Title Company
Deed $650,000 Simplicity Title
Deed $650,000 Simplicity Title
Deed $650,000 Simplicity Title
Deed $275,000 Westcor Land Title
Deed $275,000 Westcor Land Title
Deed $285,000 --
Deed $200,000 --
Deed $176,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,000 New Conventional
Closed $512,000 New Conventional
Previous Owner $313,750 New Conventional
Previous Owner $195,000 No Value Available
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $650,000 +14.2% --
10/11/2024 10/11/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $569,000 -- --
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
2025 $9,414 $350,000 $99,800 $250,200
2024 $9,414 $246,300 $99,800 $146,500
2023 $9,325 $246,300 $99,800 $146,500
2022 $8,714 $246,300 $99,800 $146,500
2021 $8,588 $246,300 $99,800 $146,500
2020 $8,170 $246,300 $99,800 $146,500
2019 $8,382 $246,300 $99,800 $146,500
2018 $8,335 $246,300 $99,800 $146,500
2017 $8,305 $246,300 $99,800 $146,500
2016 $8,118 $246,300 $99,800 $146,500
2015 $7,904 $246,300 $99,800 $146,500
2014 $7,714 $246,300 $99,800 $146,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ARARAT VARDANYAN

    HALO REALTY PROPERTIES LLC

  • MICHAEL DOLAN

    Buyer's Agent in 2024

    MICHAEL DOLAN

    RE/MAX

    1 in this area

    111 Total Sales

    MICHAEL DOLAN
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3927877

Garden State MLS

APN: 19-00069-0000-00021

New Jersey Somerset County South Bound Brook 08880

7 Edgewood Terrace, South Bound Brook, NJ

This home is located at 7 Edgewood Terrace, South Bound Brook, NJ 08880 and is currently priced at $650,000. This property was built in 1941. 7 Edgewood Terrace is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

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