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246 Welch Way

246 Welch Way, Westfield, NJ 07090
House in Union
Sold Dec 21, 2022
$765,000
Sold Oct 14, 2015
$627,500
246 Welch Way in Westfield, NJ was first built in 1958 and is 66 years old. This has been categorized as a residential property type. There are a total of 2 floors. 246 Welch Way has 2,083 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 8,925 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 246 Welch Way sold most recently in Dec 14, 2022 for a total of $765,000. If you work out the math, that's approximately a cost of $367.26 per sqft. Before that, the property was also sold for $627,500 in Jul 17, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,612 in taxes each year. 246 Welch Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $707,700. If we break it down further, the land itself was valued at $457,000. Improvements to the property, however, were assessed at a total of $250,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,925
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,083
  • Building Area: 2,083
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,083
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF WESFIELD
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOK KELVIN KEI CHUN
  • Current Owner 2: YUEN SELENA JOY
  • Previous Owner : PATEL ROMIL S
  • Previous Owner 2: PATEL TINA N
  • Owner Before Previous Owner: TARNOFSKY RANDY
  • Owner Before Previous Owner 2: TARNOFSKY ALISON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Westfield Town School District
  • Census Tract: 036800

Geography

  • Assessors Map Reference: TAX MAP 1958
  • District: 20
  • Parcel: 20 04905-0000-00011
  • Block: 4905
  • Lot: 11
  • Municipality: WESTFIELD TOWN
  • Latitude: 40.6414
  • Longitude: -74.3217

    Address

  • Full Address: 246 Welch Way
  • Address - House Number: 246
  • Address - Street Name: Welch
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Westfield
  • Carrier Code: C062
  • 4-Digit Zip Code: 1701
  • Zip Code: 07090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,612

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 903,449
  • High Value: 1,101,079
  • Low Value: 705,820

    Market Valuation

  • Market Total Value: $707,700
  • Market Land Value: $457,000
  • Market Improvement Value: $250,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $707,700
  • Assessed Land Value: $457,000
  • Assessed Improvements Value: $250,700

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Transaction ID: 11900395395
  • Current Sale Price: $765,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 25304
  • Previous Sale Recording Date: Oct 14, 2015
  • Previous Sale Contract Date: Jul 17, 2015
  • Previous Sale Amount: $627,500
  • Previous Sale Document Type: Deed

About Westfield



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Frequently Asked Questions

What neighborhood is 246 Welch Way located in?
The 246 Welch Way is a house located in the neighborhood of Union in Westfield, Westfield.
What is the average sales price for listings in 246 Welch Way?
The average sales price for units in 246 Welch Way is $0 currently.

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