NOT LISTED FOR SALE

942 Prospect Ave Plainfield, NJ 07060

Estimated Value: $636,000 - $674,561

Studio
3 Baths
2,162 Sq Ft
$303/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $394,500 $182 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,741/month

262 Days on Market

Highlights

  • 1 Car Detached Garage
  • Utility Room
  • Radiator
  • Porch
  • Level Lot

About This Home

As of August 2022

Handsome income producing property, set on a spacious lot in a tree-lined residential neighborhood on the east end. Features 2 spacious units w/ entry hall, hardwood floors, porches, garage, natural gas heat, Newer Roof, New Furnace, & Hotwater heaters, with basement storage. First-floor apartment features 2 bedrooms, kitchen, living-dining room, good basement storage & laundry, full bath, seasonal porch, & more. The 2nd Unit comprises of 2 floors. The 2nd & 3rd floors are not only spacious but bright, & airy, featuring 3 bedrooms, a formal dining room, living room, eat-in kitchen, laundry room, one & a half baths, screened-in porch, small deck & more. Sold AS-IS. Make it your home, investment property, or both. Structurally sound. Large lot & and endless possibilities.

Last Agent to Sell the Property

Darlene McWilliams

KELLER WILLIAMS ELITE REALTORS Listed on: 12/10/2021

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,664

Year Built

  • Built in 1926

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 190.00 x 50.00
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,162 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Partially Finished Basement

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Radiator
  • Water Heater

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks water), unit 2 owner pays(see remarks water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,664

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2181
  • Lot Size: 190.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1926
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(See Remarks,Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks,Water)
  • Has Basement: Partially Finished, Utility Room
  • Interior Amenities: Unit 1(Dining Room,2 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,Living Room,1 1/2 Baths)
  • Living Area: 2162
  • Stories: 2

Exterior Features

  • Lot Features: Level
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Window Unit(s)
  • Heating: Radiators-Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 9500
  • Zoning: R-4

Tax Info

  • Tax Annual Amount: 11664
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Mejia Lisander Y
Bought by
Annivain Guerlyne
Current Estimated Value
$656,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,250
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2021
Closed on
Aug 29, 2022
Sold by
Dowdell Livingstone Ellen Ann
Bought by
Mejia Lisander Y
Seller's Agent
Darlene McWilliams
KELLER WILLIAMS ELITE REALTORS
List Price
$399,000
Sold Price
$394,500
Premium/Discount to List
-$4,500
-1.13%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.24%
Original Mortgage
$295,870
Interest Rate
5.3%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Annivain Guerlyne $600,000 Palais Title
Annivain Guerlyne $600,000 Palais Title
Annivain Guerlyne $600,000 Palais Title
Mejia Lisander Y $394,500 First American Title
Mejia Lisander Y $394,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Annivain Guerlyne $565,250
Previous Owner Mejia Lisander Y $295,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $394,500 -1.1% $182 / Sq Ft
12/10/2021 12/10/21 For Sale $399,000 -- $185 / Sq Ft
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
2025 $15,718 $180,000 $50,000 $130,000
2024 $12,061 $180,000 $50,000 $130,000
2023 $12,061 $139,500 $50,000 $89,500
2022 $11,800 $139,500 $50,000 $89,500
2021 $11,697 $139,500 $50,000 $89,500
2020 $11,664 $139,500 $50,000 $89,500
2019 $11,664 $139,500 $50,000 $89,500
2018 $11,419 $139,500 $50,000 $89,500
2017 $11,140 $139,500 $50,000 $89,500
2016 $10,913 $139,500 $50,000 $89,500
2015 $10,591 $139,500 $50,000 $89,500
2014 $10,303 $139,500 $50,000 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2207487R

All Jersey MLS

APN: 12-00826-0000-00004