$1,410,000
SOLD MAY 9, 2025

7 Morgan Way Scotch Plains, NJ 07076

4 Beds
3 Baths
-- Sq Ft
0.34 Acres

Recently Sold

18% Above List Price

8 Days on Market

About This Home

As of May 2025

This home is located at 7 Morgan Way, Scotch Plains, NJ 07076 and is currently priced at $1,410,000. This property was built in 1998. 7 Morgan Way is a home located in Union County with nearby schools including J. Ackerman Coles Elementary School, Terrill Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

JILL HOROWITZ ROME

COLDWELL BANKER REALTY Brokerage Phone: 908-233-5555 Listed on: 04/02/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Deborah Citarella

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,164

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,164

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Year Built: 1998
  • County Name: Union
  • Street Number Display: 7
  • I D: 5347481
  • Modified: 2025-05-10
  • Number Images: 0
  • Attribution Contact: 908-233-5555
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .342 ACRE
  • Total Acres: 0.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 2, 2025
Sold by
Ratner Craig and Ratner Amy
Bought by
Kumar Pankaj and Jha Neha
Seller's Agent
JILL HOROWITZ ROME
COLDWELL BANKER REALTY
Buyer's Agent
Deborah Citarella
COLDWELL BANKER REALTY
List Price
$1,199,000
Sold Price
$1,410,000
Premium/Discount to List
$211,000
17.6%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-84.02%
Original Mortgage
$1,128,000
Outstanding Balance
$1,128,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$3,473

Purchase Details

Closed on
Jan 7, 1998
Sold by
Stirling Chase Inc
Bought by
Ratner Craig and Ratner Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
7.09%
Source: Public Records

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Range of Values:

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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 $1,410,000 Realsafe Title
Deed $1,410,000 Realsafe Title
Deed $289,335 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,128,000 New Conventional
Closed $1,128,000 New Conventional
Previous Owner $386,300 New Conventional
Previous Owner $344,400 New Conventional
Previous Owner $160,000 Credit Line Revolving
Previous Owner $160,000 Unknown
Previous Owner $30,000 Unknown
Previous Owner $232,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $1,410,000 +17.6% --
04/10/2025 04/10/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $1,199,000 -- --
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 $19,164 $167,800 $39,200 $128,600
2023 $19,164 $167,800 $39,200 $128,600
2022 $18,936 $167,800 $39,200 $128,600
2021 $18,904 $167,800 $39,200 $128,600
2020 $18,814 $167,800 $39,200 $128,600
2019 $18,674 $167,800 $39,200 $128,600
2018 $18,361 $167,800 $39,200 $128,600
2017 $17,953 $167,800 $39,200 $128,600
2016 $17,607 $167,800 $39,200 $128,600
2015 $17,319 $167,800 $39,200 $128,600
2014 $16,748 $167,800 $39,200 $128,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3954443

Garden State MLS

APN: 16-12205-0000-00004