When was property at 540 Louis Avenue built and last sold?

The property at 540 Louis Avenue was built in 1925 and last sold on Dec 15, 2023 for $220,000.

How much is this home worth?

The estimated value of the home located at 540 Louis Avenue is $353,500.

What are some comparable homes to 540 Louis Avenue?

There are currently no comparable homes to 540 Louis Avenue.

Franklin Center

08873

540 Louis Ave

$220,000

● House - Off Market

540 Louis Ave

Franklin Twp., NJ 08873

3 Beds

1 Bath

$1,474

Estimated Monthly

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1925

Last updated: 6 months ago (GSMLS #3855141)

Price History

Date / Event	Date	Event
Dec 28, 2023	Sold	$220,000
Sold
Oct 17, 2023	In contract	-
In contract
Oct 7, 2023	Price Decreased	$300,000 ↓ $50K (14.3%)
Price Decreased
Oct 2, 2023	Relisted	$350,000
Relisted
Sep 21, 2023	In contract	-
In contract
Aug 17, 2023	Price Change	$350,000
Price Change

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1925

Effective Year Built: 1925
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: 16,000

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 1,600
Total Building Area: 1,260
Building Area: 1,260
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: unknown
Heated Square Feet: 1,260
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Land Acres: 0.367
Standard Land Use Code: Single family residential
Legal Description 1: ADDITIONAL LOTS: L21-23

Ownership

Current Owner : GRAND HOME INVESTMENTS FUNDS LLC

Previous Owner : MCCARTHY PEGGY
Ownership Rights Codes: unknown
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Franklin Township School District

Census Tract: 053501

Zoning

Zoning: R10

Geography

Assessors Map Reference: TAX MAP 9401

District: 08
Parcel: 08 00562- 02-00020
Block: 562.02
Lot: 20
Municipality: FRANKLIN TWP
Latitude: 40.551
Longitude: -74.5391

Address

Full Address: 540 Louis Ave

Address - House Number: 540
Address - Street Name: Louis
Address - Suffix Type: Ave
State: NJ
City Name: Somerset
Carrier Code: C009
4-Digit Zip Code: 1027
Zip Code: 08873

Valuation

Tax

Tax Year: 2023

Tax Amount: $6,158

Appraisal Valuation

Standard Deviation: 0.0722

Valuation Date: Feb 14, 2024
Confidence Score: 95
Final Value: 291,921
High Value: 313,027
Low Value: 270,815

Market Valuation

Market Total Value: $315,399

Market Land Value: $213,728
Market Improvement Value: $101,671

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $318,900
Assessed Land Value: $216,100
Assessed Improvements Value: $102,800

Sales

Current Sale Contract Date: Dec 15, 2023

Current Sale Recording Date: Dec 28, 2023
Current Sale Transaction ID: 11918415371
Current Sale Price: $220,000
Current Sale Document Type: Deed
Current Sale Input Document Number: 33491

Redact Ownership Info

Comparables

About Franklin Center

Stats & Trends

Median Asking:

$574,999

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

Average Home Size

37 ft²

Average Home Age

23.6 years

Currently For Sale

7 Listings

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 34 Willocks Cir, Franklin Twp., NJ, 08873-7462

$3,300 /mo

3 Beds
2.5 Baths
2,397 ft²

34 Willocks Cir, Franklin Twp., NJ, 08873-7462 Listing by APRIL TARANTINO

Unit for rent at 375 Elizabeth Ave, Franklin Twp., NJ, 08873

$3,000 /mo

4 Beds
2 Baths

375 Elizabeth Ave, Franklin Twp., NJ, 08873 Listing by RHP Realty New Jersey

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 6 months ago
Data Source: GSMLS, MLS# 3855141

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

540 Louis Ave

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Franklin Center

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions