Last Sold Price
3 beds
245 Forest Rd, Fanwood, NJ 07023

Description

Location, location, location! This two family home is within walking distance of Fanwood train station for an easy commute to NYC, both Fanwood and Scotch Plains downtowns, shopping, fantastic restaurants, parks, and award-winning schools. It is situated on a corner lot, with two car detached garage and driveway parking for three cars. Enter the breezy front porch to access both units. The first floor unit can also be accessed from the back porch. The first floor unit offers a Living Room, Dining...Location, location, location! This two family home is within walking distance of Fanwood train station for an easy commute to NYC, both Fanwood and Scotch Plains downtowns, shopping, fantastic restaurants, parks, and award-winning schools. It is situated on a corner lot, with two car detached garage and driveway parking for three cars. Enter the breezy front porch to access both units. The first floor unit can also be accessed from the back porch. The first floor unit offers a Living Room, Dining Room, Kitchen with Pantry, 1 Full Bathroom, and 2 Bedrooms. The second floor unit offers an Eat-in Kitchen, Living Room, 1 Bedroom with adjacent sitting room and 1 Full Bathroom. Replacement windows in 2022, new water heaters in 2021, separate utilities for gas, electric, hot water and heat. Full unfinished shared basement has generous space for storage, laundry hookups, sump pump, and bilco doors. Truly an excellent opportunity for investors!
LISTING CLOSED: 11/27/2024 12:00 AM

Listing Agent

  1. REGINA ALEXIS GANNON

    REGINA ALEXIS GANNON

    Listing Agent

    COLDWELL BANKER REALTY

    P: (908) 233-5555

    M: (646) 319-9012

Property Details for 245 Forest Road

Status
MLS #
3928449
Days on Market
15
Taxes
$10,340 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1942
Lot Size
0.12 AC / 5,227 SF
Directions
N Martine to Portland Ave to Forest Rd- house is on corner of Portland and Forest
Days On Market
15

Recent comparable sales

Median sold price

$735,000

Avg days on market

22

Sale-to-list ratio

100.6%

Fanwood, NJ

9 comparable properties found

1

$754,000

Sold 12/06/24

3
Bedrooms
Unavailable
Square Feet
0.12
Acres
2

$650,000

Sold 02/19/26

3
Bedrooms
Unavailable
Square Feet
0.16
Acres
3

$735,000

Sold 06/26/25

3
Bedrooms
Unavailable
Square Feet
0.2
Acres
4

$750,000

Sold 10/28/24

3
Bedrooms
Unavailable
Square Feet
0.15
Acres
5

$645,000

Sold 05/15/26

3
Bedrooms
Unavailable
Square Feet
0.12
Acres
6

$605,000

Sold 11/21/24

3
Bedrooms
Unavailable
Square Feet
Unavailable
Acres
7

$743,700

Sold 07/16/25

3
Bedrooms
Unavailable
Square Feet
0.19
Acres
8

$735,000

Sold 08/14/26

3
Bedrooms
Unavailable
Square Feet
0.18
Acres
9

$750,000

Sold 09/09/24

3
Bedrooms
1,710
Square Feet
0.35
Acres

Location

Add your commute

Building Information for 245 Forest Road

Stories-Residences2Year Built1942Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,267 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,406

Property Taxes

$862

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 245 Forest Road

Summary
Location and General Information
  • Middle/Jr High School: Nettingham MS
  • Grade School: School One
  • High School: ScotchPlns
  • Active Days on Market: 15
  • County #: Union
  • Town Name: Fanwood Boro
  • Block Identifier: 13
  • Listing Type: Exclusive Right to Sell
  • Color of Building: Gray
  • Town #: 2905.0
  • Street # Display: 245.0
  • # Parking Spaces: 3
  • County Or Parish: Union
  • Street Name: Forest Rd
  • Zip Code: 07023-1164
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,340
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 363600.0
  • Tax ID For Property: 2905-00013-0000-00008-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop, Driveway-Exclusive, On-Street Parking
  • # Garage Spaces: 2
  • Garage Description: Detached Garage, Garage Parking, On Site, On-Street Parking
Property
Lot Information
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 8
  • Approximate Lot Size: 50 X 100
  • Total Acres: 0.12
  • Construction Date/Year Built: 1942
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 153600.0
  • Assessment Land: 210000.0
  • Farm Assessment: No
Utilities
  • Cooling: No Cool, Wall A/C Unit(s)
  • Services: Cable TV Available, Garbage Extra Charge
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Composition Shingle
  • Exterior Features: Curbs, Enclosed Porch(es), Sidewalk, Storm Window(s)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, French Drain, Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CeilFan, CookGas, Microwav, RgOvGas, Refrig, SmokeDet, SumpPump
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Pantry, Porch
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1065.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CeilFan, CookGas, KitExhFn, Microwav, RgOvGas, Refrig, SmokeDet
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 701.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: Insurance, Maintenance, Taxes
  • Net Operating Income: $.00
  • Gross Operating Income: $.00
Rental
Rental Information
  • Home Warranty: false

Property History for 245 Forest Road

DateEvent & SourcePriceAppreciation
Nov 27, 2024

Sold

GSMLS #3928449

$670,000
Nov 26, 2024

Sold (Public Record)

Public Record #1546340831

$670,000
Oct 24, 2024

Under Contract

GSMLS #3928449

DateEvent & SourcePrice
11/27/2024

Sold

GSMLS #3928449

$670,000
11/26/2024

Sold (Public Record)

Public Record #1546340831

$670,000
10/24/2024

Under Contract

GSMLS #3928449

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 245 Forest Road

Taxable ValueLand$210,000Additions$153,600Total$363,600
Tax Record2025$11,344 ($945 / month)
Home Facts
Beds0Total Finished SqFt1,771 SqFtAbove Grade Finished SqFt1,771 SqFtStories1Lot Size5,001 SqFtStyleSingle Family ResidenceYear Built1942Year Renovated1942CountyUNIONAPN05-00013-0000-00008

Schools near 245 Forest Road

This home is within Scotch Plains-Fanwood School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
School #1 Elementary School
PublicPK to 4

Malcolm E Nettingham Middle School
Public5 to 8

Scotch Plains Fanwood High School
Public9 to 12

St Bartholomew Academy
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 245 Forest Road, Fanwood, NJ 07023
$670,000
3
5,227
$754,000
3
5,227
$70,000
1,542
5,001
$500,000
4
4,791
2,044
5,001
$526,500
4
4,791

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, REGINA ALEXIS GANNON

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 08/24/2026 09:38 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 08/24/2026 09:38 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.