NOT LISTED FOR SALE

81 1st Ave Raritan, NJ 08869

Estimated Value: $549,000 - $603,000

-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $562,000

Est. 4% increase in value since last sale

Current estimated payment $3,894/month

9 Days on Market

About This Home

As of May 2024

This home is located at 81 1st Ave, Raritan, NJ 08869 since 16 April 2024 and is currently estimated at $583,672. This property was built in 1890. 81 1st Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

Last Agent to Sell the Property

ALEXANDER PETRONE

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 04/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,641

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,641

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • County Name: Somerset
  • Street Number Display: 81
  • I D: 5281439
  • Modified: 2025-05-18
  • Number Images: 1
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 45X144
  • Total Acres: 0.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 8, 2024
Sold by
Dugan Michael G
Bought by
Fasano Amanda and Yeager Matthew
Seller's Agent
ALEXANDER PETRONE
KELLER WILLIAMS TOWNE SQUARE REAL
List Price
$499,000
Sold Price
$562,000
Premium/Discount to List
$63,000
12.63%
Views
45
Current Estimated Value
$583,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,672
Avg. Annual Appreciation
0.60%
Original Mortgage
$421,500
Outstanding Balance
$417,449
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$148,956

Purchase Details

Closed on
May 9, 2022
Sold by
Daniel Langon Jr
Bought by
81 1St Avenue Llc

Purchase Details

Closed on
Dec 5, 2019
Sold by
Langon Daniel and Estate Of Barbara J Langon
Bought by
Langon Daniel

Purchase Details

Closed on
Mar 20, 2018
Sold by
Jmf Raritan Llc
Bought by
Raritan Urban Renewal Llc

Purchase Details

Closed on
Jul 7, 1993
Sold by
Goellner Josephine
Bought by
Langon Barbara J
Source: Public Records

Range of Values:

Collateral Analytics

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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
Fasano Amanda $562,000 None Listed On Document
81 1St Avenue Llc $410,000 Commonwealth Land Title
Langon Daniel -- None Available
Raritan Urban Renewal Llc $746,000 Fidelity National Title Ins
Langon Barbara J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fasano Amanda $421,500
Previous Owner Dugan Michael G $287,000
Previous Owner Langon Barbara $220,000
Previous Owner Langon Barbara J $189,000
Previous Owner Langon Barbara $23,500
Previous Owner Langon Barbara J $100,000
Previous Owner Langon Barbara J $30,000
Previous Owner Langon Barbara J $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $562,000 +12.6% --
04/25/2024 04/25/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $499,000 -- --
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 $8,641 $289,400 $141,300 $148,100
2023 $8,239 $289,400 $141,300 $148,100
2022 $8,005 $289,400 $141,300 $148,100
2021 $5,679 $289,400 $141,300 $148,100
2020 $7,406 $289,400 $141,300 $148,100
2019 $7,380 $289,400 $141,300 $148,100
2018 $7,093 $289,400 $141,300 $148,100
2017 $6,905 $289,400 $141,300 $148,100
2016 $6,772 $289,400 $141,300 $148,100
2015 $6,235 $289,400 $141,300 $148,100
2014 $6,256 $289,400 $141,300 $148,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ALEXANDER PETRONE

    KELLER WILLIAMS TOWNE SQUARE REAL

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Map

Source: Garden State MLS

MLS Number: 3896416

Garden State MLS

APN: 16-00038-0000-00008

New Jersey Somerset County Raritan 08869

81 1st Ave, Raritan, NJ

This home is located at 81 1st Ave, Raritan, NJ 08869 since 16 April 2024 and is currently estimated at $583,672. This property was built in 1890. 81 1st Ave is a home located in Somerset County with nearby schools including John F. Kennedy Primary School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.

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