NOT LISTED FOR SALE

86 Forest Rd Fanwood, NJ 07023

Estimated Value: $936,000 - $1,019,698

Studio
-- Bath
-- Sq Ft
0.72 Acres

Last Sold January 08, 2025

Last sale price $930,000

Est. 7% increase in value since last sale

Current estimated payment $6,558/month

55 Days on Market

About This Home

As of January 2025

This home is located at 86 Forest Rd, Fanwood, NJ 07023 since 11 October 2024 and is currently estimated at $993,925. 86 Forest Rd is a home located in Union County with nearby schools including Howard B. Brunner Elementary School, Nettingham Middle School, and Scotch Plains-Fanwood High School.

Last Agent to Sell the Property

Bill Flagg

ERA QUEEN CITY REALTY Brokerage Phone: 908-322-5454 Listed on: 10/11/2024

Last Buyer's Agent

Robert Lacovara

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.72 Acre Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Union
  • I D: 5318397
  • Attribution Contact: 908-322-5454
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .7230 AC
  • Total Acres: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 30, 2024
Sold by
Kraus Carol A and Kraus William R
Bought by
Lassman Rachel C Strutt and Lassman Michael E
Seller's Agent
Bill Flagg
ERA QUEEN CITY REALTY
Buyer's Agent
Robert Lacovara
COLDWELL BANKER REALTY
List Price
$899,000
Sold Price
$930,000
Premium/Discount to List
$31,000
3.45%
Views
94
Current Estimated Value
$993,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,925
Avg. Annual Appreciation
6.41%
Original Mortgage
$744,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Kraus Carol A
Bought by
Kraus Carol A and Kraus Robert H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Lassman Rachel C Strutt $930,000 Realsafe Title
Lassman Rachel C Strutt $930,000 Realsafe Title
Kraus Carol A -- Realsafe Title
Kraus Carol A -- Realsafe Title
Kraus Carol A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lassman Rachel C Strutt $744,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold $930,000 +9.5% --
12/05/2024 12/05/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $849,000 -5.6% --
10/11/2024 10/11/24 For Sale $899,000 -- --
Source: Garden State MLS

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 $16,764 $647,900 $278,000 $369,900
2024 $16,234 $570,800 $278,000 $292,800
2023 $16,234 $570,800 $278,000 $292,800
2022 $16,022 $570,800 $278,000 $292,800
2021 $15,863 $570,800 $278,000 $292,800
2020 $15,394 $570,800 $278,000 $292,800
2019 $14,313 $97,700 $39,500 $58,200
2018 $14,207 $97,700 $39,500 $58,200
2017 $13,914 $97,700 $39,500 $58,200
2016 $13,496 $97,700 $39,500 $58,200
2015 $12,937 $97,700 $39,500 $58,200
2014 $12,796 $97,700 $39,500 $58,200
Source: Public Records

Agents Affiliated with this Home

  • Bill Flagg

    Seller's Agent in 2025

    Bill Flagg

    ERA QUEEN CITY REALTY

    (908) 603-8040

    2 in this area

    50 Total Sales

    Bill Flagg
    Section Image
  • Robert Lacovara

    Buyer's Agent in 2025

    Robert Lacovara

    COLDWELL BANKER REALTY

    (917) 373-8050

    2 in this area

    11 Total Sales

    Robert Lacovara
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3929024

Garden State MLS

APN: 05-00037-0000-00007

New Jersey Union County Fanwood 07023

86 Forest Rd, Fanwood, NJ

Not Listed for Sale

MultiFamily

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