NOT LISTED FOR SALE

1118 Valley Rd Unit 1A Wayne, NJ 07470

Preakness Neighborhood

Estimated Value: $284,282 - $345,000

1 Bed
1 Bath
720 Sq Ft
$329/mo HOA Fee

Last Sold February 22, 2023

Last sale price $255,000 $354 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,430/month

11 Days on Market

Highlights

  • Private Pool
  • Formal Dining Room
  • Breakfast Bar
  • John F. Kennedy Elementary School Rated A-
  • Walk-In Closet
  • Living Room

About This Home

As of February 2023

Why rent when you can own this newly renovated 1 bedroom condo unit in Valley Terrace! This first-floor unit is conveniently located near NYC transportation, major highways, schools, houses of worship and shopping. The dining room leads into the newly renovated kitchen with white shaker cabinetry, tile backsplash and quartz countertops. Open floor plan includes kitchen with quartz breakfast bar open to dining/living room combo. The bedroom offers new vinyl flooring and walk-in closet. Fully renovated bathroom features ceramic tile floor, new tub shower and storage vanity. There are two other walk-in closets for ample storage. Condo has been recently painted and is in move-in condition! The Valley Terrace community offers an association pool and there are laundry facilities in the complex as well as an unassigned parking spot.

Last Listed By

Jason Ross

BHHS FOX & ROACH Brokerage Phone: 201-575-2946 Listed on: 01/20/2023

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 523

HOA Fees

  • $329 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Tile

Interior Spaces

  • 1-Story Property
  • Blinds
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Pool

  • Private Pool

Schools

  • Jfk Elementary School
  • Anthony Wayne Middle School
  • Wayne Hills High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-02801-0000-00003-0000-C0140
  • Tax Block *

Community Details

Overview

  • Association fees include heat, sewer fees, snow removal, trash collection, water fees
  • $350 Other One-Time Fees

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,297

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$329 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1962
  • Year Built Description: Approximate, Renovated
  • County Name: Passaic
  • Exclusions: Floor Lamp in Living Room
  • Renovated Year: 2022
  • Street Number Display: 1118
  • Directions: Valley Road to Knox Terrace, first parking lot on right, last building on right.
  • I D: 5199432
  • Modified: 2024-02-23
  • Number Images: 18
  • Section Subdiv Development: Valley Terrace
  • First Name: JASON E.
  • First Name3: ERIC
  • Last Name: ROSS
  • Last Name3: PIWOWARCZYK
  • Attribution Contact: 201-575-2946
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2022

Interior Features

  • Flooring: Laminate, Tile, Vinyl-Linoleum
  • Floor Number: 1
  • Appliances: Carbon Monoxide Detector, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, TubShowr, Walk-In Closet
  • Number Rooms: 4
  • Bedrooms: 1
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Breakfast Bar
  • Level 1 Rooms: 1 Bedroom, Bath Main, Dining Room, Kitchen, Living Room
  • Phone: 973-696-0077

Exterior Features

  • Exterior Description: Brick
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Blacktop, Common, Off-Street Parking

Utilities

  • Cooling: 2 Units, Wall A/C Unit(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Pool-Outdoor
  • Association Maintenance Fee: 329
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Heat, Sewer Fees, Snow Removal, Trash Collection, Water Fees

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 350

Schools

  • Elementary School: JFK
  • Middle School: ANTHONY WAYNE
  • High School: WAYNE HILLS
  • High School: WAYNE HILLS
  • Middle Jr High School: ANTHONY WAYNE

Lot Info

  • Lot Size: .000 AC
  • Assessed Improvement Value: 32400
  • Assessed Land Value: 43600
  • Assessment: 76000
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 300
  • Pets Allowed: NumLimit, SizLimit, Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4297
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02801-0000-00003-0000-C0140
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.654
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year Tax: *
  • Tax Year: 2022

MLS Schools

  • Grade School: JFK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2009
Sold by
Chappell Roger J and Chappell Patricia P
Bought by
Cardenas Michelle and Ross Katherine
Total Days on Market
11
Current Estimated Value
$313,571

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 Buyer Sale Price Title Company
Cardenas Michelle $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas Michelle $163,257
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $255,000 +2.0% $354 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $249,999 -- $347 / 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 $4,346 $76,000 $43,600 $32,400
2022 $4,297 $76,000 $43,600 $32,400
2021 $4,292 $76,000 $43,600 $32,400
2020 $4,273 $76,000 $43,600 $32,400
2019 $4,191 $76,000 $43,600 $32,400
2018 $4,153 $76,000 $43,600 $32,400
2017 $4,115 $76,000 $43,600 $32,400
2016 $4,058 $76,000 $43,600 $32,400
2015 $4,009 $76,000 $43,600 $32,400
2014 $3,896 $76,000 $43,600 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3825281

Garden State MLS

APN: 14-02801-0000-00003-0000-C0140