NOT LISTED FOR SALE

797 Valley Rd Watchung, NJ 07069

Estimated Value: $1,519,802 - $1,616,000

3 Beds
4 Baths
-- Sq Ft
3 Acres

Last Sold January 30, 2019

Last sale price $500,000

Est. 215% increase in value since last sale

Current estimated payment $11,088/month

24 Days on Market

Highlights

  • 3 Acre Lot
  • Cape Cod Architecture
  • Formal Dining Room
  • Bayberry Elementary School Rated A-
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of January 2019

Value in the LAND!! Build your DREAM HOME on this 3 ACRE PROPERTY, Underground Oil Tank has been removed and Soil Clean up in Process, Buyer will receive a No Further Action Certification prior to closing. Home needs TOTAL REHAB, but can possibly be restored. Large Property with SO MUCH POTENTIAL!!! DONT LET THIS ONE PASS YOU BY!!! WONT LAST!!!

Last Agent to Sell the Property

Tina Torres

RE/MAX LIFETIME REALTORS Listed on: 10/29/2018

RE/MAX LIFETIME REALTORS

Last Buyer's Agent

LEONEL BEXIGA

TOP CHOICE REALTY NETWORK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,793

Year Built

  • Built in 1941

Lot Details

  • 3 Acre Lot
  • Wooded Lot
  • Subdivision Possible

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Shingle Roof

Interior Spaces

  • Formal Dining Room
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2721-07301-0000-00006-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,793

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1941
  • Year Built Description: Standing
  • County Name: Somerset
  • Renovated Year: 1941
  • Street Number Display: 797
  • Directions: Hillcrest to Valley or Bonnie Burn to Valley
  • I D: 4848909
  • Modified: 2021-09-23
  • Number Images: 1
  • Section Subdiv Development: Possible - Sub Division
  • First Name: TINA REBIMBAS
  • First Name3: LEONEL
  • Last Name: TORRES
  • Last Name3: BEXIGA
  • Office Phone: 908-688-2828
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1941

Interior Features

  • Number Rooms: 7
  • Bedrooms: 3
  • Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 19x10
  • Kitchen Level: First
  • Living Room Dim: 12x12
  • Living Room Level: First
  • Phone: 908-688-2828

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: 1 Car Width, 2 Car Width

Utilities

  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 3.00 AC
  • Assessed Improvement Value: 146100
  • Assessed Land Value: 396000
  • Assessment: 542100
  • Lot Description: Wooded Lot, Possible Subdivision
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.00
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10793
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2721-07301-0000-00006-0000-
  • Tax Rate Amount: 1.991
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Dec 12, 2018
Sold by
Healey Michael and United State Of America
Bought by
Diplomat Property Manager Llc
Seller's Agent
Tina Torres
RE/MAX LIFETIME REALTORS
Buyer's Agent
LEONEL BEXIGA
TOP CHOICE REALTY NETWORK
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Total Days on Market
24
Current Estimated Value
$1,573,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,934
Avg. Annual Appreciation
19.59%

Purchase Details

Closed on
Nov 21, 2018
Sold by
Diplomat Property Manager Llc
Bought by
Bexiga Leonel and Bexiga Nicole

Purchase Details

Closed on
Feb 6, 2018
Sold by
Healey Michael and United State Of America
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Jun 27, 2007
Sold by
Woodruff Harold Boyd and Woodruff Jeanette I
Bought by
Healey Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,100
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Diplomat Property Manager Llc $1,000 Westcor Land Title Ins Co
Bexiga Leonel $500,000 Westcor Land Title Ins Co
Wilmington Trust National Association $1,000 None Available
Healey Michael $659,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bexiga Nicole $449,000
Previous Owner Healey Michael $593,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $500,000 0.0% --
11/22/2018 11/22/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $499,900 -- --
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 $28,240 $1,413,400 $463,900 $949,500
2023 $28,196 $1,381,500 $433,500 $948,000
2022 $10,923 $519,900 $409,000 $110,900
2021 $10,553 $504,000 $397,000 $107,000
2020 $10,691 $502,400 $397,000 $105,400
2019 $10,553 $508,600 $397,000 $111,600
2018 $10,793 $542,100 $396,000 $146,100
2017 $10,465 $528,800 $377,100 $151,700
2016 $10,963 $524,300 $377,100 $147,200
2015 $10,626 $501,700 $359,000 $142,700
2014 $10,196 $486,900 $348,600 $138,300
Source: Public Records

Agents Affiliated with this Home

  • Tina Torres

    Seller's Agent in 2019

    Tina Torres

    RE/MAX

    (973) 332-3022

    231 Total Sales

    Tina Torres
    Section Image

  • L

    Buyer's Agent in 2019

    LEONEL BEXIGA

    TOP CHOICE REALTY NETWORK

See All Agents

Map

Source: Garden State MLS

MLS Number: 3512292

Garden State MLS

APN: 21-07301-0000-00006

New Jersey Somerset County Watchung 07069

797 Valley Rd, Watchung, NJ

This home is located at 797 Valley Rd, Watchung, NJ 07069 since 29 October 2018 and is currently estimated at $1,573,934. This property was built in 1941. 797 Valley Rd 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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