NOT LISTED FOR SALE

85 E Central Ave Wharton, NJ 07885

Estimated Value: $521,000

3 Beds
3 Baths
1,736 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $522,500 $301 Per Sq Ft

Current estimated payment $3,794/month

20 Days on Market

About This Home

As of September 2023

This home is located at 85 E Central Ave, Wharton, NJ 07885 since 08 July 2023 and is currently estimated at $521,000, approximately $300 per square foot. This property was built in 1986. 85 E Central Ave is a home located in Morris County with nearby schools including Marie V. Duffy Elementary School and A C Mac Kinnon Middle School.

Last Agent to Sell the Property

Mae Gamboa

KELLER WILLIAMS SUBURBAN REALTY Brokerage Phone: 973-251-0100 Listed on: 07/08/2023

KELLER WILLIAMS SUBURBAN REALTY

Last Buyer's Agent

MARY ELLEN O CONNELL

TERRIE O'CONNOR REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,006

Year Built

  • Built in 1986

Lot Details

  • 9,583 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,006

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Morris
  • Street Number Display: 85
  • I D: 5231715
  • Modified: 2024-09-02
  • Number Images: 1
  • Attribution Contact: 973-251-0100
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 75X128
  • Total Acres: 0.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Sep 1, 2023
Sold by
Shah Amit and Shah Honey
Seller's Agent
Mae Gamboa
KELLER WILLIAMS SUBURBAN REALTY
Buyer's Agent
MARY ELLEN O CONNELL
TERRIE O'CONNOR REALTORS
List Price
$475,000
Sold Price
$522,500
Premium/Discount to List
$47,500
10%
Views
46
Current Estimated Value
$521,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,500
Avg. Annual Appreciation
3.75%
Original Mortgage
$463,500
Outstanding Balance
$455,744
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$105,256

Purchase Details

Listed on
May 10, 2019
Closed on
Aug 19, 2019
Sold by
Paul Margaret and Kanjiramkunnel Danny Paul
Bought by
Trivedi Honey and Shah Amit
Seller's Agent
Mae Gamboa
KELLER WILLIAMS SUBURBAN REALTY
Buyer's Agent
Mae Gamboa
KELLER WILLIAMS SUBURBAN REALTY
List Price
$345,000
Sold Price
$345,100
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2016
Closed on
Aug 25, 2016
Sold by
Surendra A Patel
Bought by
Paul Margaret and Kanjiramkunnel Danny
Seller's Agent
Barry Coopersmith
RE/MAX FIRST CHOICE
Buyer's Agent
Mae Gamboa
KELLER WILLIAMS SUBURBAN REALTY
List Price
$329,900
Sold Price
$323,900
Premium/Discount to List
-$6,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.12%
Original Mortgage
$258,000
Interest Rate
3.43%
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 Buyer Sale Price Title Company
-- $522,500 Old Republic Title
Trivedi Honey $345,100 Fidelity National Ttl Ins Co
Paul Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $463,500
Previous Owner Trivedi Honey $316,000
Previous Owner Trivedi Honey $320,000
Previous Owner Paul Margaret $258,000
Previous Owner Paul Margaret --
Previous Owner Paul Margaret $258,000
Previous Owner Patel Surendra A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $522,500 +10.0% $301 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $475,000 +37.6% $274 / Sq Ft
08/27/2019 08/27/19 Sold $345,100 0.0% $199 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $345,000 +6.5% $199 / Sq Ft
08/18/2016 08/18/16 Sold $323,900 -1.8% $187 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
02/13/2016 02/13/16 For Sale $329,900 -- $190 / 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 $11,006 $394,500 $113,600 $280,900
2023 $11,006 $367,600 $108,900 $258,700
2022 $10,178 $348,400 $108,900 $239,500
2021 $9,659 $333,600 $108,900 $224,700
2020 $10,058 $323,500 $108,900 $214,600
2019 $9,659 $313,200 $108,900 $204,300
2018 $9,202 $304,500 $108,900 $195,600
2017 $9,104 $298,000 $106,500 $191,500
2016 $8,433 $296,200 $104,100 $192,100
2015 $8,754 $289,500 $104,100 $185,400
2014 $8,777 $287,100 $104,100 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3853285

Garden State MLS

APN: 39-01205-0000-00010