$550,000
SOLD JUL 11, 2017

725 Forest Ave Westfield, NJ 07090

0.19 Acre
$2,894,737 Price per Acre
8,276 Sq Ft Lot

Recently Sold

$550,000 Per Sq Ft

About This Lot

As of September 2018

This home is located at 725 Forest Ave, Westfield, NJ 07090 and is currently priced at $550,000, approximately $550,000 per square foot. 725 Forest Ave is a home located in Union County with nearby schools including Franklin Elementary School, Roosevelt Intermediate School, and Westfield Senior High School.

Last Agent to Sell the Property

Patrick A. Manfra

COLDWELL BANKER REALTY Brokerage Phone: 908-233-0065 Listed on: 07/11/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

MICHAEL BUCCOLA

WESTFIELD REALTY SERVICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,007

Lot Details

  • 8,276 Sq Ft Lot

Property Details

Property Type

Land

Est. Annual Taxes

$26,007

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 4731162
  • Modified: 2018-07-12
  • Attribution Contact: 908-233-0065
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 17, 2018
Sold by
Wagfbfb Llc
Bought by
Katz Jay H and Katz Nicole A
Seller's Agent
MICHAEL BUCCOLA
WESTFIELD REALTY SERVICE
Buyer's Agent
Kimberley Haley
COLDWELL BANKER REALTY
List Price
$12,231,900
Sold Price
$1,200,000
Premium/Discount to List
-$11,031,900
-90.19%
Current Estimated Value
$1,868,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$668,430
Avg. Annual Appreciation
6.96%
Original Mortgage
$960,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2017
Closed on
Jul 11, 2017
Sold by
Konstruct Enterprises Inc
Bought by
Wagfbfb Llc and Bella Builders Llc
Seller's Agent
Patrick A. Manfra
COLDWELL BANKER REALTY
Buyer's Agent
MICHAEL BUCCOLA
WESTFIELD REALTY SERVICE
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.63%
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2016
Sold by
Sabbagh James G Ind & Exr Etal
Bought by
Konstruct Enterprises Inc

Purchase Details

Closed on
Jan 4, 1999
Sold by
Sabbagh Ann Voorhees and Voorhees Ann Lindsley
Bought by
Sabbagh Ann Voorhees and Voorhees Ann Lindsley
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 $1,200,000 Stewart Title
Deed $550,000 Multiple
Deed $380,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,300 Credit Line Revolving
Open $956,500 New Conventional
Closed $960,000 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $40,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $1,200,000 -90.2% $1,200,000 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $12,231,900 +2124.0% $12,231,900 / Sq Ft
07/11/2017 07/11/17 Sold $550,000 0.0% $550,000 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $550,000 -- $550,000 / Sq Ft
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 $26,007 $1,178,900 $456,700 $722,200
2023 $26,007 $1,178,900 $456,700 $722,200
2022 $25,464 $1,178,900 $456,700 $722,200
2021 $25,500 $1,178,900 $456,700 $722,200
2020 $25,441 $1,178,900 $456,700 $722,200
2019 $25,346 $1,178,900 $456,700 $722,200
2018 $6,201 $66,700 $66,700 $0
2017 $6,167 $66,700 $66,700 $0
2016 $13,697 $151,700 $66,700 $85,000
2015 $13,424 $151,700 $66,700 $85,000
2014 $12,981 $151,700 $66,700 $85,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    MICHAEL BUCCOLA

    WESTFIELD REALTY SERVICE

  • Kimberley Haley

    Buyer's Agent in 2018

    Kimberley Haley

    COLDWELL BANKER REALTY

    (908) 377-7174

    188 in this area

    301 Total Sales

    Kimberley Haley
    Section Image
  • Patrick A. Manfra

    Seller's Agent in 2017

    Patrick A. Manfra

    COLDWELL BANKER REALTY

    (908) 370-1046

    5 in this area

    8 Total Sales

    Patrick A. Manfra
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3403901

Garden State MLS

APN: 20-00814-0000-00009

New Jersey Union County Westfield 07090

725 Forest Ave, Westfield, NJ

This home is located at 725 Forest Ave, Westfield, NJ 07090 and is currently priced at $550,000, approximately $550,000 per square foot. 725 Forest Ave is a home located in Union County with nearby schools including Franklin Elementary School, Roosevelt Intermediate School, and Westfield Senior High School.

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