Seller's Agent in 2025
Howard Spencer
COLDWELL BANKER REALTY
(908) 448-1239
1 in this area
23 Total Sales
86 Central Ave Unit 53 Metuchen, NJ 08840
1
Bed
1
Bath
--
Sq Ft
828
Sq Ft Lot
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 2025Low 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.
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 and Cooling 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
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,341
Avg. Annual Appreciation
84.77%
Original Mortgage
$95,301
Outstanding Balance
$94,806
Interest Rate
7.6%
Estimated Equity
$81,666
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%
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
Average Home Value in this Area
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 | $51,450 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $2,483 | $35,700 | $24,600 | $11,100 |
| 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
-
Howard Spencer
Map
Source: All Jersey MLS
MLS Number: 2507440R
APN: 09-00085-01-00001-0000-C0053
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