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230 HARDING ROAD
Score
88
Scotch Plains, NJ

230 HARDING ROAD

1000K
4 bd • 4 ba • sf

This analysis was generated on 4/11/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$999,900
+11%vs 07076
Price/Sq.Ft
$999,900
+216798%vs 07076
Within Fair Range
within range

Current Price

$999,900

Fair Range

$950,000 - $1,050,000

$999,900
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$990,000
Success Probability:High(70%)

AI Rationale

The offer reflects the property's value, considering its excellent condition and high-end finishes, while accounting for the longer DOM and minor cosmetic issues. The strategy aims to balance market competitiveness with buyer leverage from the DOM.

Overall Score
88
88
Home Condition
87
Natural Light
95
Value
77
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Pedestal Sink
Pedestal Sink

Pedestal Sink

The half bathroom has a pedestal sink, which offers limited storage.

Dated Shower Tile
Dated Shower Tile

Dated Shower Tile

The guest bathroom has older tile in the shower, which may be dated.

Dark Wall Color
Dark Wall Color

Dark Wall Color

The office has dark gray walls, which may not appeal to all buyers.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Jul
2020
$787,500Financed
July 28, 2020
From:Igor Derbaremdiker, Elina Frenket
To:Joseph August Iantosca, Jacqueline Cara Iantosca
Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$999,900
-30%List: $999,900+30%
20%
$199,980of $999,900
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $4,200/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$266,374
Closing Costs
+$66,394
Down Payment
$199,980
Buyer Agent Fee
$25,497
Loan Fees
$7,999
Title & Escrow
$6,000
Inspections
$900
Transfer Tax
$10,999
Prepaid Expenses
$14,999

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 14 day average
This is a new listing, while homes in this area typically sell in 14 days
Inventory Health
24
homes for sale
18 homes sold last month, indicating 1.3x more supply than demand
Price Dynamics
108.0%
of asking price
Homes typically sell for 8.0% above asking price

Price Trajectory

$758,750
Current median price
+44.6%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is heating
Prices are up 3.7% over the last 3 months
3 Months
+3.7%
6 Months
-11.3%
1 Year
+44.6%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 47.1% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$758,750
3 Months Ago
$530,000
+43.2%

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 4 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Thoroughly inspect the newly finished basement for any signs of moisture, water stains, or musty odors, especially near the walls and floor.

Operate all kitchen appliances (Sub-Zero refrigerator, Wolf range, double ovens, wine fridge, dishwasher, disposal, microwave, kitchen exhaust fan) to ensure they are functioning correctly and efficiently.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation for the 2024 updates, including permits and warranties for the finished basement, kitchen appliances, and landscaping?

Has the property ever experienced any flooding or water damage, and if so, what measures were taken to remediate the problem?

Given the moderate fire risk, have any fire safety measures been implemented beyond standard smoke detectors (e.g., fire-resistant landscaping, sprinkler system)?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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