NOT LISTED FOR SALE

8 Farm Gate Rd New Providence, NJ 07974

Berkeley Heights Neighborhood

Estimated Value: $1,419,958 - $1,529,000

5 Beds
5 Baths
-- Sq Ft
0.26 Acres

Last Sold December 05, 2013

Last sale price $1,100,000

Est. 34% increase in value since last sale

Current estimated payment $10,285/month

About This Home

As of December 2013

This home is located at 8 Farm Gate Rd, New Providence, NJ 07974 since 05 December 2013 and is currently estimated at $1,479,240. This property was built in 1993. 8 Farm Gate Rd is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Scotch Plains Baptist Christian Day School.

Last Listed By

Rosaleen Light-newby

BHHS FOX & ROACH Brokerage Phone: 908-522-9444 Listed on: 12/05/2013

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,529

Year Built

  • 1993

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,529

Year Built

1993

Lot Details

0

Listing Details

  • County Name: Union
  • Street Number Display: 8
  • I D: 4385052
  • Modified: 2014-12-06
  • Number Images: 1
  • Attribution Contact: 908-522-9444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 1993

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .257 AC
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2013
Closed on
Dec 5, 2013
Sold by
Mazzuca John J
Bought by
Muthumanickman Radhakrishnan and Radhakrishnan Radhika
Seller's Agent
Rosaleen Light-newby
BHHS FOX & ROACH
Buyer's Agent
MARTA KNAUFF
COLDWELL BANKER REALTY
Sold Price
$1,100,000
Total Days on Market
0
Current Estimated Value
$1,479,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,240
Avg. Annual Appreciation
2.66%
Original Mortgage
$880,000
Outstanding Balance
$635,753
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$850,026

Purchase Details

Listed on
Dec 5, 2013
Closed on
Nov 12, 2013
Sold by
Mazzuca John J and Mazzuca Rocco
Bought by
Mazzuca John J
Seller's Agent
Rosaleen Light-newby
BHHS FOX & ROACH
Buyer's Agent
MARTA KNAUFF
COLDWELL BANKER REALTY
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$635,753
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$850,026

Purchase Details

Closed on
Mar 16, 1999
Sold by
Mazzuca John J
Bought by
Mazzuca John J and Mazzuca Rocco

Purchase Details

Closed on
Nov 23, 1998
Sold by
Washington Philemon and Washington Geraldine J
Bought by
Mazzuca John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.84%

Purchase Details

Closed on
May 9, 1994
Sold by
Providence Devel Grp
Bought by
Washington Philemon and Washington Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.93%

Range of Values:

Collateral Analytics

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ICE

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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
Muthumanickman Radhakrishnan $1,100,000 Agent For Old Republic Nati
Mazzuca John J -- Title Agency Inc
Mazzuca John J -- --
Mazzuca John J $565,000 --
Washington Philemon $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muthumanickam Radhakrishnan $500,000
Open Muthumanickman Radhakrishnan $880,000
Previous Owner Mazzuca John J $200,000
Previous Owner Mazzuca John J $40,000
Previous Owner Mazzuca John J $210,000
Previous Owner Washington Philemon $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $1,100,000 -- --
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 $24,529 $489,900 $160,600 $329,300
2023 $24,529 $489,900 $160,600 $329,300
2022 $24,191 $489,900 $160,600 $329,300
2021 $24,015 $489,900 $160,600 $329,300
2020 $24,005 $489,900 $160,600 $329,300
2019 $23,858 $489,900 $160,600 $329,300
2018 $23,736 $489,900 $160,600 $329,300
2017 $23,349 $489,900 $160,600 $329,300
2016 $23,020 $489,900 $160,600 $329,300
2015 $22,702 $489,900 $160,600 $329,300
2014 $21,994 $481,900 $160,600 $321,300
Source: Public Records

Agents Affiliated with this Home

  • Rosaleen Light-newby

    Seller's Agent in 2013

    Rosaleen Light-newby

    BHHS FOX & ROACH

    (908) 510-0861

    4 in this area

    33 Total Sales

    Rosaleen Light-newby
    Section Image

  • M

    Buyer's Agent in 2013

    MARTA KNAUFF

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3083366

Garden State MLS

APN: 11-00374-0000-00008

New Jersey Union County New Providence 07922 Berkeley Heights

8 Farm Gate Rd, New Providence, NJ

Homes for Sale in New Providence, NJ

This home is located at 8 Farm Gate Rd, New Providence, NJ 07974 since 05 December 2013 and is currently estimated at $1,479,240. This property was built in 1993. 8 Farm Gate Rd is a home located in Union County with nearby schools including New Providence High School, The Academy of Our Lady of Peace, and Scotch Plains Baptist Christian Day School.

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