NOT LISTED FOR SALE

78 Spencer Ln Watchung, NJ 07069

Estimated Value: $909,000 - $1,127,199

4 Beds
2.5 Baths
-- Sq Ft
0.75 Acres

Last Sold October 07, 2016

Last sale price $680,000

Est. 48% increase in value since last sale

Current estimated payment $7,056/month

63 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Bayberry Elementary School Rated A-
  • Recreation Room
  • Formal Dining Room

About This Home

As of October 2016

Beautifully updated home with walkout finished basement. Gorgeous .75 acre lot with deck, paver patio and fenced yard, all perfect for entertaining. Updated kitchen & baths. Refinished wood flooring on first and second level. Very large kitchen with island, granite counter tops and stainless steel appliances. Spacious floor plan. Fireplace in living room. Large recreation room. Beautifully landscaped with sprinkler system. Exterior recently painted. New water heater. 3rd floor attic and shed in the backyard provide additional storage. Great location close to highways and NYC transportation.

Last Agent to Sell the Property

Christian Kavanaugh

KELLER WILLIAMS REAL ESTATE Listed on: 06/09/2016

KELLER WILLIAMS REAL ESTATE

Last Buyer's Agent

RAYMOND MULE

KELLER WILLIAMS VILLAGE SQUARE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,990

Year Built

  • Built in 1973

Lot Details

  • 0.75 Acre Lot
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Clapboard
  • Tile

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Schools

  • Bayberry Elementary School
  • Vally View Middle School
  • Watchung High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2721-04006-0000-00020-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,990

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1973
  • County Name: Somerset
  • Renovated Year: 2006
  • Street Number Display: 78
  • Directions: Watchung Circle to Hillcrest Rd to L onto Spencer or RT 78 to exit 40 South on Hillcrest to Spencer
  • I D: 4633463
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: CHRISTIAN
  • First Name3: RAYMOND
  • Last Name: KAVANAUGH
  • Last Name3: MULE
  • Office Phone: 908-233-8502
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2006

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Sump Pump
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Storage Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Basement
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Dim: 22x14
  • Kitchen Level: First
  • Living Room Dim: 21x14
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 13x9
  • Other Room 2: Storage Room
  • Other Room2 Dim: 17x13
  • Level 1 Rooms: Kitchen, Powder Room, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms, Bath Main
  • Phone: 908-233-8502

Exterior Features

  • Exterior Description: Clapboard, Wood Shingle
  • Exterior Features: Deck, Wood Fence, Storage Shed, Patio, Storm Door(s), Underground Lawn Sprinkler, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

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

Schools

  • Elementary School: BAYBERRY
  • Middle School: VALLY VIEW
  • High School: WATCHUNG
  • High School: WATCHUNG
  • Middle Jr High School: VALLY VIEW

Lot Info

  • Lot Size: .747 ACRE
  • Assessed Improvement Value: 286500
  • Assessed Land Value: 279600
  • Assessment: 566100
  • Easement: Unknown
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.75
  • Zoning: res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11990
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-04006-0000-00020-0000-
  • Tax Rate Amount: 2.118
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: BAYBERRY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Oct 7, 2016
Sold by
Tomaino Dean and Tomaino Nicole R
Bought by
Market William and Market Diana
Seller's Agent
Christian Kavanaugh
KELLER WILLIAMS REAL ESTATE
Buyer's Agent
RAYMOND MULE
KELLER WILLIAMS VILLAGE SQUARE
List Price
$690,000
Sold Price
$680,000
Premium/Discount to List
-$10,000
-1.45%
Current Estimated Value
$1,005,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,550
Avg. Annual Appreciation
4.36%
Original Mortgage
$540,000
Outstanding Balance
$438,419
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$550,308

Purchase Details

Closed on
Apr 21, 2008
Sold by
Longobardi Stephen J and Longobardi Coutmin
Bought by
Tomaino Dean and Tomaino Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,720
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Evans Alan
Bought by
Longobardi Stephen and Longobardi Coutmin

Purchase Details

Closed on
Aug 11, 1995
Sold by
Keith Sloane
Bought by
Evans Alan and Ferber Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.61%

Purchase Details

Closed on
Oct 25, 1993
Sold by
Canary John
Bought by
Sloane D Keith and Sloane Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.72%
Source: Public Records

Range of Values:

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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
Market William $680,000 Prestige Title Agency Inc
Tomaino Dean $670,800 Multiple
Longobardi Stephen $593,000 --
Evans Alan $370,000 --
Sloane D Keith $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkent William $295,000
Open Market William $540,000
Previous Owner Tomaino Dean $535,200
Previous Owner Tomaino Dean $603,720
Previous Owner Evans Alan $296,000
Previous Owner Sloane D Keith $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $680,000 -1.4% --
08/11/2016 08/11/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $690,000 -- --
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 $18,026 $902,200 $360,600 $541,600
2023 $14,177 $694,600 $336,900 $357,700
2022 $13,595 $654,500 $320,900 $333,600
2021 $12,709 $633,500 $311,500 $322,000
2020 $13,174 $619,100 $305,400 $313,700
2019 $12,709 $612,500 $302,200 $310,300
2018 $11,898 $597,600 $296,300 $301,300
2017 $11,797 $596,100 $279,600 $316,500
2016 $11,952 $571,600 $279,600 $292,000
2015 $11,990 $566,100 $279,600 $286,500
2014 $11,678 $557,700 $276,800 $280,900
Source: Public Records

Agents Affiliated with this Home

  • Christian Kavanaugh

    Seller's Agent in 2016

    Christian Kavanaugh

    KELLER WILLIAMS REAL ESTATE

    (908) 303-3456

    194 Total Sales

    Christian Kavanaugh
    Section Image

  • R

    Buyer's Agent in 2016

    RAYMOND MULE

    KELLER WILLIAMS VILLAGE SQUARE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3313528

Garden State MLS

APN: 21-04006-0000-00020

New Jersey Somerset County Watchung 07069

78 Spencer Ln, Watchung, NJ

This home is located at 78 Spencer Ln, Watchung, NJ 07069 since 09 June 2016 and is currently estimated at $1,005,550. This property was built in 1973. 78 Spencer Ln is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

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