$555,000
SOLD OCT 31, 2022

1007 Preakness Ave Wayne, NJ 07470

3 Beds
2 Baths
1,150 Sq Ft
0.95 Acres

Recently Sold

$483 Per Sq Ft

1% Above List Price

22 Days on Market

About This Home

As of December 2024

This home is located at 1007 Preakness Ave, Wayne, NJ 07470 and is currently priced at $555,000, approximately $482 per square foot. This property was built in 1930. 1007 Preakness Ave is a home located in Passaic County with nearby schools including Lafayette Elementary School, Anthony Wayne Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

Roseanne Fadil

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 07/06/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Teresa Forte

KELLER WILLIAMS PROSPERITY REALTY

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,710

Year Built

  • Built in 1930

Lot Details

  • 0.95 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,710

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • County Name: Passaic
  • Street Number Display: 1007
  • I D: 5163260
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .950 AC
  • Total Acres: 0.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 25, 2024
Sold by
Spicer Peter
Bought by
Fasani Michael
Seller's Agent
Teresa Forte
Keller Williams Prosperity Realty
Buyer's Agent
Timothy Fierro
Howard Hanna Rand Realty
List Price
$555,000
Sold Price
$570,000
Premium/Discount to List
$15,000
2.7%
Views
27
Current Estimated Value
$595,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,088
Avg. Annual Appreciation
9.98%

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 12, 2022
Sold by
Kalra Living Trust
Bought by
Spicer Peter
Seller's Agent
Roseanne Fadil
COLDWELL BANKER REALTY
Buyer's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$355,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2021
Sold by
Kalra Parmod and Kalra Living Trust
Bought by
Kalra Parmod and Kalra Living Trust

Purchase Details

Closed on
Aug 16, 2017
Sold by
Kalra Chander M and Kalra Parmod
Bought by
Kalra Chander M and Kalra Parmod

Purchase Details

Closed on
Feb 4, 1993
Bought by
Kalra Chander M and Kalra Parmod
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $570,000 First American Title
Bargain Sale Deed $570,000 First American Title
Deed $555,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $355,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $570,000 +2.7% $496 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $555,000 0.0% $483 / Sq Ft
10/31/2022 10/31/22 Sold $555,000 +0.9% $483 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $549,900 -- $478 / 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 $10,710 $187,300 $129,100 $58,200
2022 $10,403 $184,000 $129,100 $54,900
2021 $10,392 $184,000 $129,100 $54,900
2020 $10,346 $184,000 $129,100 $54,900
2019 $10,146 $184,000 $129,100 $54,900
2018 $10,056 $184,000 $129,100 $54,900
2017 $9,964 $184,000 $129,100 $54,900
2016 $9,824 $184,000 $129,100 $54,900
2015 $9,706 $184,000 $129,100 $54,900
2014 $9,432 $184,000 $129,100 $54,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3794567

Garden State MLS

APN: 14-01119-0000-00028