NOT LISTED FOR SALE

Estimated Value: $788,000 - $925,000

4 Beds
3 Baths
3,123 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $575,000 $184 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,641/month

8 Days on Market

Highlights

  • Waterfront
  • Attic
  • Public Transportation
  • Property is near public transit
  • 2 Fireplaces
  • Hot Water Circulator

About This Home

As of November 2024

An incredible opportunity awaits at 185 Newtown Avenue--perfect for investors or handy buyers looking to unlock this home's full potential. This spacious split-style property, spanning over 3,000 square feet, is perched on a third of an acre with stunning views of a serene pond. The layout is ideal for multi-generational living, offering generous space throughout and perfect for entertaining large gatherings of friends. The main level features a large living room, dining room, and kitchen, which flows into a bright family room. Complete with a fireplace, the family room opens to a deck that overlooks the backyard, perfect for outdoor gatherings and relaxation. Upstairs, you'll find three bedrooms, including the primary suite, as well as two full bathrooms. Each room at the back of the house offers picturesque water views. The lower level adds even more versatility, with a bedroom, a den, a full bath, and a laundry room with access to the backyard and the pond. This space, along with its separate entrance to the attached one-car garage, could serve as an in-law suite, playroom, or cozy den. Beyond the home itself, the location is unbeatable. Nestled in the sought-after Cranbury neighborhood, you're close to all of Norwalk's best amenities. Stew Leonard's is just two minutes away, and you can reach the beach in under ten minutes. This home offers endless potential--come and transform it into the dream home it was meant to be!

Last Listed By

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 09/01/2024

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,037

Year Built

  • Built in 1954

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Property is zoned A1

Parking

  • 1 Car Garage

Home Design

  • Split Level Home
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,123 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement
  • Cable TV Available

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 240669

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,037

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Neighborhood: Cranbury
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 3123
  • Total Sq Ft: 3123
  • Year Built: 1954
  • New Construction: No/Resale
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • In Law Access: Lower Level
  • Remarks Public Addendum: *HIGHEST AND BEST 5PM Tuesday!*
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: Use GPS, turn around in driveway before leaving property.
  • Financing Used: Withheld
  • In Law Apartment: Possible
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Attic Description: Storage Space, Access Via Hatch
  • Basement Description: Full, Heated, Fully Finished, Garage Access, Walk-out, Liveable Space
  • Interior Amenities: Cable - Pre-wired
  • Appliances: Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: Yes
  • Street Number Modifier: 185
  • Other SqFt Description: Lower Level part of total above grade square footage

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Pond View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Total Parking Spaces: 6
  • Garage And Parking: Attached Garage, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.32
  • Lot Description: Some Wetlands Level Lot Water View
  • Zoning: A1
  • Parcel #: 240669

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 9037
  • Total Assessed Value: 383090
  • Mil Rate Total: 20.87

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Nov 12, 2024
Sold by
Duckworth Ellen M Est and Reed
Bought by
Hamlet Group Llc
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Terence Dominick
Complete Real Estate
List Price
$499,000
Sold Price
$575,000
Premium/Discount to List
$76,000
15.23%
Total Days on Market
8
Views
212
Current Estimated Value
$877,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,447
Avg. Annual Appreciation
150.63%
Original Mortgage
$611,250
Outstanding Balance
$608,246
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,201

Range of Values:

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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
Hamlet Group Llc $575,000 None Available
Hamlet Group Llc $575,000 None Available
Hamlet Group Llc $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamlet Group Llc $611,250
Closed Hamlet Group Llc $611,250
Previous Owner Duckworth Ellen $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $575,000 +15.2% $184 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/07/2024 09/07/24 For Sale $499,000 -- $160 / Sq Ft
Source: SmartMLS

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
2024 $9,037 $383,090 $177,530 $205,560
2023 $6,568 $261,040 $141,510 $119,530
2022 $6,446 $261,040 $141,510 $119,530
2021 $6,278 $261,040 $141,510 $119,530
2020 $6,275 $261,040 $141,510 $119,530
2019 $6,099 $261,040 $141,510 $119,530
2018 $7,430 $278,680 $144,670 $134,010
2017 $7,175 $278,680 $144,670 $134,010
2016 $7,136 $279,850 $144,670 $135,180
2015 $7,087 $278,680 $144,670 $134,010
2014 $6,995 $278,680 $144,670 $134,010
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 24041759

SmartMLS

APN: NORW-000005-000020-000072