NOT LISTED FOR SALE

860 Central Ave New Providence, NJ 07974

Estimated Value: $611,000 - $832,000

4 Beds
2 Baths
1,400 Sq Ft
$505/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $477,000 $341 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,641/month

About This Home

As of June 2015

This home is located at 860 Central Ave, New Providence, NJ 07974 since 29 June 2015 and is currently estimated at $707,482, approximately $505 per square foot. This property was built in 1951. 860 Central Ave is a home located in Union County with nearby schools including New Providence High School and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Maren Dinsmore

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398 Listed on: 06/29/2015

PROMINENT PROPERTIES SIR

Co-Listed By

Cynthia Bienemann

PROMINENT PROPERTIES SIR Brokerage Phone: 908-277-1398

Last Buyer's Agent

DIANE B BURNS

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,505

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,505

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • County Name: Union
  • Street Number Display: 860
  • I D: 4518183
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-277-1398
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .208 AC
  • Total Acres: 0.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Jun 22, 2015
Sold by
Welch Alexander J and Welch Shannon B
Bought by
Gerace Michael and Gerace Patrizia
Seller's Agent
Maren Dinsmore
PROMINENT PROPERTIES SIR
Buyer's Agent
DIANE B BURNS
COLDWELL BANKER REALTY
Sold Price
$477,000
Current Estimated Value
$707,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,482
Avg. Annual Appreciation
3.92%
Original Mortgage
$300,000
Outstanding Balance
$233,020
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$474,462

Purchase Details

Closed on
Dec 6, 2013
Sold by
Gateway Properties Unlimited Llc and Walters Keith
Bought by
Welch Alexander J and Welch Channon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,520
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2013
Closed on
Aug 1, 2013
Sold by
New Jersey Housing & Mortgage Finan
Bought by
Gateway Properties Unlimited Llc
Seller's Agent
Goran Koroskoski
CRS AGENCY ELITE LLC
Buyer's Agent
Goran Koroskoski
CRS AGENCY ELITE LLC
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Feb 13, 2013
Sold by
Azcona Mairym and Azcona Manuel
Bought by
New Jersey Housing And Mortgage Finance

Purchase Details

Closed on
Nov 28, 2007
Sold by
Procaccini Mary C
Bought by
Azcona Manuel and Azcona Mairym

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,747
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
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
Gerace Michael $477,000 Attorney
Welch Alexander J $451,900 Stewart Title Guaranty Co
Gateway Properties Unlimited Llc $250,000 --
New Jersey Housing And Mortgage Finance -- None Available
Azcona Manuel $399,900 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerace Michael $300,000
Previous Owner Welch Alexander J $361,520
Previous Owner Azcona Manuel $6,747
Previous Owner Azcona Manuel $399,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2015 06/29/15 Sold $477,000 +90.8% $341 / Sq Ft
08/02/2013 08/02/13 Sold $250,000 -- $179 / Sq Ft View Prior Sale
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 $10,505 $203,500 $92,700 $110,800
2024 $10,189 $203,500 $92,700 $110,800
2023 $10,189 $203,500 $92,700 $110,800
2022 $10,049 $203,500 $92,700 $110,800
2021 $9,976 $203,500 $92,700 $110,800
2020 $9,972 $203,500 $92,700 $110,800
2019 $9,910 $203,500 $92,700 $110,800
2018 $9,860 $203,500 $92,700 $110,800
2017 $9,699 $203,500 $92,700 $110,800
2016 $9,562 $203,500 $92,700 $110,800
2015 $9,430 $203,500 $92,700 $110,800
2014 $9,288 $203,500 $92,700 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3206945

Garden State MLS

APN: 11-00194-0000-00021