NOT LISTED FOR SALE

1 Jerome Place Wayne, NJ 07470

Preakness Neighborhood

Estimated Value: $675,000 - $776,000

3 Beds
2 Baths
1,632 Sq Ft
$439/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $687,000 $421 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,910/month

11 Days on Market

About This Home

As of July 2024

This home is located at 1 Jerome Place, Wayne, NJ 07470 since 01 May 2024 and is currently estimated at $715,947, approximately $438 per square foot. This property was built in 1953. 1 Jerome Place is a home located in Passaic County with nearby schools including Lafayette Elementary School, Anthony Wayne Middle School, and Wayne Valley High School.

Last Listed By

Teresa Forte

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 05/01/2024

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,282

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,282

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Passaic
  • Street Number Display: 1
  • I D: 5280227
  • Modified: 2024-07-17
  • Number Images: 21
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .257 AC
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 17, 2024
Sold by
Buckley Lai
Bought by
Park Il and Kim Boram
Seller's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
PAUL KIM
2WIN REALTY
List Price
$585,000
Sold Price
$687,000
Premium/Discount to List
$102,000
17.44%
Total Days on Market
11
Views
127
Current Estimated Value
$715,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,947
Avg. Annual Appreciation
5.29%
Original Mortgage
$618,300
Outstanding Balance
$613,622
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$102,325

Purchase Details

Listed on
Jun 8, 2017
Closed on
Oct 11, 2017
Sold by
Alicea Eddie and Alicea Michele
Bought by
Buckley Lai
Seller's Agent
BRENDA PUZIO
TERRIE O'CONNOR REALTORS
Buyer's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
List Price
$489,900
Sold Price
$455,000
Premium/Discount to List
-$34,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$360,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Jan 17, 2014
Sold by
Mona Frank J and Mona Francis J
Bought by
Alicea Eddie and Alicea Michele
Seller's Agent
WILLIAM KIVLON
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
MICHELINA PIROINO
KELLER WILLIAMS TEAM REALTY
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$240,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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ICE

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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
Park Il $687,000 Westcor Land Title
Buckley Lai $450,000 Acres Land Title Agency Inc
Alicea Eddie $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Il $618,300
Previous Owner Buckley Lai $360,000
Previous Owner Alicea Eddie $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $687,000 +17.4% $421 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $585,000 +28.6% $358 / Sq Ft
10/12/2017 10/12/17 Sold $455,000 -7.1% $279 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $489,900 +40.0% $300 / Sq Ft
01/17/2014 01/17/14 Sold $350,000 -- $214 / Sq Ft
Source: Garden State MLS

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 $11,282 $197,300 $103,200 $94,100
2023 $11,155 $197,300 $103,200 $94,100
2022 $11,155 $197,300 $103,200 $94,100
2021 $11,144 $197,300 $103,200 $94,100
2020 $11,094 $197,300 $103,200 $94,100
2019 $10,879 $197,300 $103,200 $94,100
2018 $10,782 $197,300 $103,200 $94,100
2017 $10,684 $197,300 $103,200 $94,100
2016 $10,534 $197,300 $103,200 $94,100
2015 $10,408 $172,400 $103,200 $69,200
2014 $8,587 $172,400 $103,200 $69,200
Source: Public Records

Agents Affiliated with this Home

  • Teresa Forte

    Seller's Agent in 2024

    Teresa Forte

    KELLER WILLIAMS PROSPERITY REALTY

    (201) 774-6563

    53 in this area

    331 Total Sales

    Teresa Forte
    Section Image

  • P

    Buyer's Agent in 2024

    PAUL KIM

    2WIN REALTY

  • B

    Seller's Agent in 2017

    BRENDA PUZIO

    TERRIE O'CONNOR REALTORS

  • W

    Seller's Agent in 2014

    WILLIAM KIVLON

    REALTY EXECUTIVES EXCEPTIONAL

  • M

    Buyer's Agent in 2014

    MICHELINA PIROINO

    KELLER WILLIAMS TEAM REALTY

See All Agents

Map

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Source: Garden State MLS

MLS Number: 3899186

Garden State MLS

APN: 14-01004-0000-00014

New Jersey Passaic County Wayne 07470 Preakness

1 Jerome Place, Wayne, NJ

Homes for Sale in Wayne, NJ

This home is located at 1 Jerome Place, Wayne, NJ 07470 since 01 May 2024 and is currently estimated at $715,947, approximately $438 per square foot. This property was built in 1953. 1 Jerome Place is a home located in Passaic County with nearby schools including Lafayette Elementary School, Anthony Wayne Middle School, and Wayne Valley High School.

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Information deemed reliable but not guaranteed.
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