$1,600,000
SOLD MAY 28, 2025

85 Will Ln Watchung, NJ 07069

5 Beds
4 Baths
-- Sq Ft
1.5 Acres

Recently Sold

8% Above List Price

17 Days on Market

About This Home

As of May 2025

This home is located at 85 Will Ln, Watchung, NJ 07069 and is currently priced at $1,600,000. This property was built in 1986. 85 Will Ln is a home located in Somerset County with nearby schools including Bayberry Elementary School, Valley View School, and Watchung Hills Regional High School.

Last Agent to Sell the Property

Chris Joo

KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-766-0085 Listed on: 04/01/2025

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Steph Mahon

COMPASS NEW JERSEY, LLC

COMPASS NEW JERSEY, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 1.5 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • I D: 5343628
  • Attribution Contact: 908-766-0085
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 4.00

Lot Info

  • Lot Size: 1.50 AC
  • Total Acres: 1.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2025
Closed on
May 20, 2025
Sold by
Palekar Sadanand
Bought by
Padkowsky Irene and Sandmann Benjamin
Seller's Agent
Chris Joo
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Steph Mahon
COMPASS NEW JERSEY, LLC
List Price
$1,485,000
Sold Price
$1,600,000
Premium/Discount to List
$115,000
7.74%
Views
51
Current Estimated Value
$1,612,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,134
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Palekar Sadanand and Palekar Nilima
Bought by
Palekar Sadanand

Purchase Details

Closed on
Jun 30, 2003
Sold by
Mcclave Norman
Bought by
Palekar Sadanand and Palekar Nilima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.45%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Grove Paul
Bought by
Mcclave Norman and Mcclave Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.37%

Purchase Details

Closed on
Jul 17, 1989
Sold by
Wicker Walter V and Wicker Elizabeth M
Bought by
Grove Paul and Grove Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,600,000 Allied Title
Deed $1,600,000 Allied Title
Interfamily Deed Transfer -- None Available
Deed $1,290,000 --
Deed $850,000 --
Deed $820,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 No Value Available
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $1,600,000 +7.7% --
04/18/2025 04/18/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $1,485,000 -- --
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
2025 $26,533 $1,438,000 $366,000 $1,072,000
2024 $26,533 $1,328,000 $338,500 $989,500
2023 $25,494 $1,249,100 $316,300 $932,800
2022 $24,588 $1,170,300 $310,000 $860,300
2021 $24,469 $1,140,200 $310,000 $830,200
2020 $24,008 $1,128,200 $310,000 $818,200
2019 $23,209 $1,118,500 $310,000 $808,500
2018 $22,214 $1,115,700 $310,000 $805,700
2017 $21,870 $1,105,100 $281,800 $823,300
2016 $22,602 $1,080,900 $281,800 $799,100
2015 $22,381 $1,056,700 $281,800 $774,900
2014 $21,618 $1,032,400 $281,800 $750,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3954051

Garden State MLS

APN: 21-06503-0000-00005