NOT LISTED FOR SALE

7 Milky Way Warren, NJ 07059

Estimated Value: $1,012,000 - $1,163,000

4 Beds
4 Baths
-- Sq Ft
1.52 Acres

Last Sold December 08, 2023

Last sale price $950,000

Est. 17% increase in value since last sale

Current estimated payment $7,211/month

81 Days on Market

About This Home

As of December 2023

This home is located at 7 Milky Way, Warren, NJ 07059 since 10 August 2023 and is currently estimated at $1,112,166. This property was built in 1975. 7 Milky Way is a home located in Somerset County with nearby schools including Central School, Warren Middle School, and Watchung Hills Regional High School.

Last Agent to Sell the Property

Ashley Freitas

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 08/10/2023

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,507

Year Built

  • Built in 1975

Lot Details

  • 1.52 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,507

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • County Name: Somerset
  • Street Number Display: 7
  • I D: 5237626
  • Modified: 2024-12-09
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 1.52
  • Total Acres: 1.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Dec 6, 2023
Sold by
Sofka Michael C and Sofka Nicole L
Bought by
Capasso John and Capasso Vanessa
Seller's Agent
Ashley Freitas
COMPASS NEW JERSEY, LLC
List Price
$974,000
Sold Price
$950,000
Premium/Discount to List
-$24,000
-2.46%
Views
369
Current Estimated Value
$1,112,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,166
Avg. Annual Appreciation
8.94%
Original Mortgage
$712,500
Outstanding Balance
$701,251
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$410,915

Purchase Details

Listed on
Aug 3, 2014
Closed on
Jul 29, 2014
Sold by
Pasquarella Richard S and Pasquarella Diana J
Bought by
Sofka Michael C and Sannuti Sofka Nicole L
Seller's Agent
JANE NICASTRO
WEICHERT REALTORS
Buyer's Agent
Russell Williams
BHHS FOX & ROACH
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$450,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Kostakes Angelo
Bought by
Pasquarella Richard S and Pasquarella Diana J
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
Capasso John $950,000 Chicago Title
Capasso John $950,000 Chicago Title
Sofka Michael C $650,000 Associated Title
Pasquarella Richard S $790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capasso John $712,500
Closed Capasso John $712,500
Previous Owner Sofka Michael C $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $950,000 +1.6% --
11/02/2023 11/02/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $935,000 -4.0% --
09/20/2023 09/20/23 For Sale $974,000 0.0% --
08/27/2023 08/27/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $974,000 +49.8% --
08/03/2014 08/03/14 Sold $650,000 -- -- View Prior Sale
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 $15,507 $920,200 $440,700 $479,500
2024 $15,507 $843,700 $403,800 $439,900
2023 $13,370 $689,900 $345,300 $344,600
2022 $13,096 $659,100 $328,800 $330,300
2021 $13,224 $637,000 $316,200 $320,800
2020 $13,087 $632,200 $316,200 $316,000
2019 $13,221 $648,700 $332,700 $316,000
2018 $12,772 $642,800 $329,400 $313,400
2017 $12,618 $634,700 $310,800 $323,900
2016 $12,496 $622,000 $307,700 $314,300
2015 $12,323 $601,700 $290,300 $311,400
2014 $11,658 $584,600 $290,300 $294,300
Source: Public Records

Agents Affiliated with this Home

  • Ashley Freitas

    Seller's Agent in 2023

    Ashley Freitas

    COMPASS NEW JERSEY, LLC

    (908) 432-9818

    37 in this area

    76 Total Sales

    Ashley Freitas
    Section Image

  • J

    Seller's Agent in 2014

    JANE NICASTRO

    WEICHERT REALTORS

  • Russell Williams

    Buyer's Agent in 2014

    Russell Williams

    BHHS FOX & ROACH

    (908) 279-5440

    2 in this area

    146 Total Sales

    Russell Williams
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3859132

Garden State MLS

APN: 20-00049-0000-00001-11

New Jersey Somerset County Warren 07059

7 Milky Way, Warren, NJ

This home is located at 7 Milky Way, Warren, NJ 07059 since 10 August 2023 and is currently estimated at $1,112,166. This property was built in 1975. 7 Milky Way is a home located in Somerset County with nearby schools including Central School, Warren Middle School, and Watchung Hills Regional High School.

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