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491 Central Avenue

491 Central Avenue, New Providence, NJ 07974
House in Union
4 Units For Sale
Unit for sale at 491 Central Ave, New Providence Boro, NJ 07974-2141

$1,349,000

  • 4 Beds
  • 5 Baths
  • 4,401 ft²
491 Central Ave #2, New Providence Boro, NJ 07974-2141 Listing by Atacan Zeran

Unit for sale at 491 Central Ave, New Providence Boro, NJ 07974-2141

$1,449,000

  • 4 Beds
  • 5 Baths
491 Central Ave #4, New Providence Boro, NJ 07974-2141 Listing by Atacan Zeran

Unit for sale at 491 Central Ave, New Providence Boro, NJ 07974-2141

$1,449,000

  • 4 Beds
  • 5 Baths
491 Central Ave #3, New Providence Boro, NJ 07974-2141 Listing by Atacan Zeran

Unit for sale at 491 Central Ave, New Providence Boro, NJ 07974-2141

$1,449,000

  • 4 Beds
  • 5 Baths
491 Central Ave #1, New Providence Boro, NJ 07974-2141 Listing by Atacan Zeran

491 Central Avenue in New Providence, NJ was first built in 1958 and is 68 years old. This has been categorized as a property type. There are a total of 100 floors. 491 Central Avenue has 1,626 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. In total, the area measurement of the land is 25,265 square feet.

Learn more about the property and building on this page. For those who need parking, there is a . There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. 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, 491 Central Avenue sold most recently in May 2, 2022 for a total of $614,000. If you work out the math, that's approximately a cost of $377.61 per sqft. Before that, the property was also sold for $1,000 in Mar 11, 2022. 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 $1,156,617 in taxes each year. 491 Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $231,000. If we break it down further, the land itself was valued at $99,700. Improvements to the property, however, were assessed at a total of $131,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
Garage Parking
Garage Door Opener

Pet Policy

Dogs Allowed / Cats Allowed

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220407
04/07/2022
3 Bed
2 Bath
-
$459,900
bedrooms
3 Bed
bathrooms
2 Bath
-
-
PATRICK FOX JR
AMERICAN REALTY SERVICES GROUP
-00011130
11/30/-0001
3 Bed
2 Bath
-
$459,900
bedrooms
3 Bed
bathrooms
2 Bath
$614,000 +33.51%
06/02/2022
PATRICK FOX JR
AMERICAN REALTY SERVICES GROUP


Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 1,626
  • Building Area: 1,626
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,626
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000580
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: New Providence Borough School District
  • Census Tract: 038104

Zoning

  • Zoning: R3

Geography

  • Account Number: 00247400
  • District: 11
  • Parcel: 11 00234-0000-00011
  • Block: 234
  • Lot: 11
  • Municipality: NEW PROVIDENCE BORO
  • Latitude: 40.6986
  • Longitude: -74.4006

    Address

  • Full Address: 491 Central Ave
  • Address - House Number: 491
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: New Providence
  • Carrier Code: C006
  • 4-Digit Zip Code: 2141
  • Zip Code: 07974

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,156,617

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 737,611
  • High Value: 894,697
  • Low Value: 580,526

    Market Valuation

  • Market Total Value: $231,000
  • Market Land Value: $99,700
  • Market Improvement Value: $131,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,000
  • Assessed Land Value: $99,700
  • Assessed Improvements Value: $131,300

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18880
  • Previous Sale Recording Date: Jun 07, 2022
  • Previous Sale Contract Date: Mar 11, 2022
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About New Providence



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Frequently Asked Questions

What neighborhood is 491 Central Avenue located in?
The 491 Central Avenue is a house located in the neighborhood of Union in New Providence, New Providence.
How many listings are currently for sale in 491 Central Avenue?
There are four listings currently on the market for sale.
What is the average sales price for listings in 491 Central Avenue?
The average sales price for units in 491 Central Avenue is $1,449,000 , or $307/sqft. currently.