by RHP Realty

See Home Value
Union
500 Cranford Ave
$475,000
House - Off Market

500 Cranford Ave

Cranford Twp., NJ 07016
bedrooms
3 Beds
bathrooms
1 Bath
$501,692
RealtyHop Estimate
5.62%
Since Apr 1, 2023
NY-New York
Primary Model

About This Property

This warm and cozy Ranch style home was built by the sellers and is located in the heart of Cranford (north side). The home features hardwood floors through out, a full basement, and is situated on a corner lot. There is a 5/8 plywood tongue & groove roof decking. This is much stronger and more rigid than regular plywood and helps to ensure no sagging at the wood joints. Another advantage to this type of upgraded roof is there is lesser chance of wear and tear. It is recommended by the U.S Dept of Urban Development as ideal roofing materials.  LOCATION, LOCATION, LOCATION....500 Cranford Ave is close to the Garden State Parkway, the elementary & middle schools, downtown coffee shops/restaurants/stores, the Municipal Swimming Pool and so much more! The home might need some updating but it is priced accordingly. This is an AS IS sale but with the new owner's personal design touches it will become their very own HOME SWEET HOME!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$780
HOA Dues
-
Year Built
1954
Last updated: 2 years ago (GSMLS #3830300)

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold to Kevin Castano, Michelle M C... $475,000
Sold to Kevin Castano, Michelle M C...
Mar 15, 2023 In contract -
In contract
Feb 25, 2023 Listed by BHHS - NEW JERSEY PROPERTIES $475,000
Listed by BHHS - NEW JERSEY PROPERTIES

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CASTANO KEVIN
  • Current Owner 2: CAYETANO MICHELLE M
  • Previous Owner : BRADY DONALD A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cranford Township School District
  • Census Tract: 037000

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 67
  • Account Number: 319000-9
  • District: 03
  • Parcel: 03 00294-0000-00001
  • Block: 294
  • Lot: 1
  • Municipality: CRANFORD TWP
  • Latitude: 40.6668
  • Longitude: -74.2892

    Address

  • Full Address: 500 Cranford Ave
  • Address - House Number: 500
  • Address - Street Name: Cranford
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Cranford
  • Carrier Code: C014
  • 4-Digit Zip Code: 2531
  • Zip Code: 07016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,434

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 498,276
  • High Value: 626,130
  • Low Value: 370,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,000
  • First Open Lien Mortgage Lender: MLB RESIDENTIAL LENDING, LLC
  • First Open Lien Mortgage Recording Date: Apr 18, 2023
  • First Open Lien Mortgage Loan Amount: $415,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $141,500
  • Market Land Value: $76,100
  • Market Improvement Value: $65,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,500
  • Assessed Land Value: $76,100
  • Assessed Improvements Value: $65,400

    Exemptions

  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 28, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Transaction ID: 11905689662
  • Current Sale Price: $475,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 28137
  • Previous Sale Recording Date: Dec 18, 1953
  • Previous Sale Contract Date: Dec 18, 1953
  • Previous Sale Amount: $2,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MLB RESIDENTIAL LENDING, LLC
  • First Mortgage Transaction Date: Apr 18, 2023
  • First Mortgage Loan Amount: $415,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$425,000 Nov 30, -0001
$450,000 Mar 24, 2023
-
House
3 Beds
1 Bath
-
$475,000 Feb 25, 2023
$475,000 Apr 14, 2023
$780/mo
House
4 Beds
2 Baths
-
$425,000 Nov 30, -0001
$415,000 Feb 17, 2023
-
House
4 Beds
2 Baths
-
$425,000 Oct 27, 2021
$425,000 Feb 25, 2022
$676/mo
House
4 Beds
2 Baths
-
$429,900 Nov 30, -0001
$425,000 Feb 4, 2022
-
House
4 Beds
2 Baths
-
$410,000 Nov 30, -0001
$425,000 Feb 1, 2023
-
House
3 Beds
3 Baths
-
$445,000 Jun 28, 2022
-
-
House
3 Beds
2 Baths
-
$485,000 Feb 28, 2023
-
-
In Contract
House
3 Beds
2 Baths
-
$489,000 Apr 5, 2023
-
-
House
3 Beds
2 Baths
-
$485,000 Mar 9, 2023
-
-
House
4 Beds
3 Baths
-
$535,000 Mar 29, 2023
-
-
Multifamily
3 Beds
-
-
$550,000 Dec 18, 2022
-
-

About Union


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Frequently Asked Questions

When was property at 500 Cranford Avenue built and last sold?
The property at 500 Cranford Avenue was built in 1954 and last sold on Mar 28, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 500 Cranford Avenue is $479,750.
What are some comparable homes to 500 Cranford Avenue?
Homes that are comparable to 500 Cranford Avenue include a house property at 284 Webster Avenue West, 615 Fairfield Avenue, 500 Cranford Avenue.

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