$119,131
SOLD MAR 28, 2025

86 Central Ave Unit 53 Metuchen, NJ 08840

1 Bed
1 Bath
-- Sq Ft
828 Sq Ft Lot

Recently Sold

61 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Walk-In Closet
  • Campbell Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Middlesex Greenway

About This Home

As of March 2025

Low Income Deed Restricted. Discover the perfect combination of convenience and affordability in this 1-bedroom, 1-bathroom condo, designed for low-income restricted living. Located on the second floor, this charming home offers a cozy and functional layout. Enjoy the prime location, just minutes from the train station for an easy commute and a variety of shopping options, including Whole Foods. Don't miss this opportunity to embrace affordable living in a highly desirable area. Unit is subject to a one person maximum gross annual household income of $47,460 and two person household of $54,240.

Last Agent to Sell the Property

Howard Spencer

COLDWELL BANKER REALTY Listed on: 12/20/2024

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,400

Lot Details

  • End Unit

Home Design

  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • On-Street Parking
  • On-Site Parking
  • Open Parking
  • Unassigned Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, maintenance structure
  • Franklin Square Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $346

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,400

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Franklin Square
  • Architectural Style: Townhouse, End Unit
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Kitchen Features: Not Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Vinyl-Linoleum
  • Interior Amenities: Entrance Foyer, 1 Bedroom, Kitchen, Laundry Room, Living Room, Bath Main, Dining Room, None
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Near Shopping, Near Train, Corner Lot
  • Exterior Features: Curbs, Sidewalk, Insulated Pane Windows
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, On Site, On Street, Unassigned, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure

Lot Info

  • Zoning: F1

Multi Family

  • Maintenance Expense: 346

Tax Info

  • Tax Annual Amount: 2400
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Mar 28, 2025
Sold by
Vrmtg Asset Trust and Us Bank Trust National Association
Bought by
Morsi Adhem A
Seller's Agent
Howard Spencer
COLDWELL BANKER REALTY
List Price
$119,131
Sold Price
$119,131
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,301
Outstanding Balance
$95,219
Interest Rate
6.76%

Purchase Details

Closed on
Oct 23, 2024
Sold by
Middlesex County Sheriff
Bought by
Vrmtg Asset Trust and Us Bank Trust

Purchase Details

Closed on
Mar 12, 2001
Sold by
Franklin Square Developers Llc
Bought by
Mcwilliams Lavinia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,450
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $119,131 Founders Title
Deed $119,131 Founders Title
Sheriffs Deed $80,478 None Listed On Document
Deed $64,369 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,301 No Value Available
Closed $95,301 No Value Available
Closed $95,301 New Conventional
Previous Owner $0 Unknown
Previous Owner $61,200 New Conventional
Previous Owner $51,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $119,131 0.0% --
02/28/2025 02/28/25 For Sale $119,131 0.0% --
12/27/2024 12/27/24 Off Market $119,131 -- --
12/20/2024 12/20/24 For Sale $119,131 -- --
Source: All Jersey 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 $2,483 $35,700 $24,600 $11,100
2023 $2,400 $35,700 $24,600 $11,100
2022 $2,274 $35,700 $24,600 $11,100
2021 $1,657 $35,700 $24,600 $11,100
2020 $2,193 $35,700 $24,600 $11,100
2019 $2,084 $35,700 $24,600 $11,100
2018 $2,123 $35,700 $24,600 $11,100
2017 $1,916 $35,700 $24,600 $11,100
2016 $2,060 $35,700 $24,600 $11,100
2015 $2,014 $35,700 $24,600 $11,100
2014 $1,964 $35,700 $24,600 $11,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2507440R

All Jersey MLS

APN: 09-00085-01-00001-0000-C0053