NOT LISTED FOR SALE

7 Holmes Ave New Providence, NJ 07974

Estimated Value: $781,000 - $1,040,000

4 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold May 06, 2022

Last sale price $751,000

Est. 22% increase in value since last sale

Current estimated payment $6,285/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • New Providence High School Rated A
  • Recreation Room
  • Formal Dining Room

About This Home

As of May 2022

Welcome home to this lovingly maintained 4 Bedroom, 2 bath Colonial located in a sought-after neighborhood. On the main level is a sun-filled Living Room with hardwood floors and bay-window, an open concept Dining Room & Family Room with ample space for entertaining, and the Eat-in-Kitchen with wood cabinets, quartz countertop and tile backsplash. Upstairs you will find 4 generously sized bedrooms including the Primary Bedroom with large walk-in closet and the updated hall Bathroom. All Bedrooms have ceiling fans and generous closet space. The lower level offers a finished Recreation Room ready for your personal touches, the laundry area, and loads of storage space. Relax outdoors on the two-tiered deck which overlooks the backyard. 2 car wide driveway for plenty of parking and garage. Located in a quiet neighborhood, in walking distance to downtown New Providence, community pool, and schools. Walking distance to NYC bus and short distance to both New Providence NJ Transit trains.

Last Listed By

Susanne Chiefa

C-21 NEW BEGINNINGS Listed on: 03/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,048

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Composition Shingle

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • A. Roberts Elementary School
  • New Provms Middle School
  • New Provhs High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2911-00034-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,048

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 7
  • Directions: Sprinfield to Terrace to Holmes Avenue
  • I D: 5136185
  • Modified: 2023-05-07
  • Number Images: 23
  • First Name: SUSANNE
  • First Name3: TERRY
  • Last Name: CHIEFA
  • Last Name3: BRANNIN
  • Office Phone: 908-647-2000
  • Attribution Contact: 908-647-2000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Sump Pump, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Laundry Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: First
  • Living Room Dim: 16x13
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 25x12
  • Other Room1 Level: Basement
  • Other Room 2: Utility Room
  • Other Room2 Dim: 29x12
  • Other Room2 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Dining Room, Family Room, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main
  • Phone: 908-647-2000

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Curbs, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: A. Roberts
  • Middle School: New ProvMS
  • High School: New ProvHS
  • High School: New ProvHS
  • Middle Jr High School: New ProvMS

Lot Info

  • Lot Size: .255 AC
  • Assessed Improvement Value: 121600
  • Assessed Land Value: 149800
  • Assessment: 271400
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.26
  • Zoning: RES

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 13048
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2911-00034-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.902
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: A. Roberts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 5, 2022
Sold by
Ellen Royland Maureen
Bought by
Wilcox James H and Martin Kelsey M
Seller's Agent
Susanne Chiefa
C-21 NEW BEGINNINGS
Buyer's Agent
TERRY BRANNIN
EXP REALTY, LLC
List Price
$639,000
Sold Price
$751,000
Premium/Discount to List
$112,000
17.53%
Total Days on Market
9
Current Estimated Value
$916,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,580
Avg. Annual Appreciation
4.90%
Original Mortgage
$600,800
Outstanding Balance
$576,476
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$290,788

Purchase Details

Closed on
Nov 25, 1980
Bought by
Royland William and Maureen Ellen

Range of Values:

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Average Value
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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
Wilcox James H $751,000 Stewart Title Guaranty Company
Royland William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilcox James H $73,300
Previous Owner Royland William $167,000
Previous Owner Royland William $171,000
Previous Owner Royland William $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $751,000 +17.5% --
03/25/2022 03/25/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $639,000 -- --
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 $14,435 $288,300 $149,800 $138,500
2023 $14,435 $288,300 $149,800 $138,500
2022 $13,402 $271,400 $149,800 $121,600
2021 $13,304 $271,400 $149,800 $121,600
2020 $13,299 $271,400 $149,800 $121,600
2019 $13,217 $271,400 $149,800 $121,600
2018 $13,149 $271,400 $149,800 $121,600
2017 $12,935 $271,400 $149,800 $121,600
2016 $12,753 $271,400 $149,800 $121,600
2015 $12,327 $271,400 $149,800 $121,600
2014 $12,137 $271,400 $149,800 $121,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3769364

Garden State MLS

APN: 11-00034-0000-00003