NOT LISTED FOR SALE

1140 Valley Rd Unit 1B Wayne, NJ 07470

Estimated Value: $286,000 - $318,000

1 Bed
1 Bath
720 Sq Ft
436 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $260,000 $361 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,000/month

Highlights

  • Community Pool
  • John F. Kennedy Elementary School Rated A-
  • Baseboard Heating

About This Home

As of May 2023

AMAZING RENTAL OPPORTUNITY! RENOVATED FIRST FLOOR CONDO WITH ONE CAR GARAGE (additional fee) AND EXTRA PARKING SPACE. BRIGHT AND OPEN WITH HARDWOOD FLOORS THROUGHOUT . KITCHEN WITH STAINLESS STEEL APPLIANCES AND GRANITE COUNTER-TOPS. FANTASTIC LOCATION IN THE CENTER OF TOWN CLOSE TO SHOPPING, SCHOOLS AND RESTAURANTS. BUS TO THE CITY JUST STEPS AWAY. GREAT COMPLEX WITH OUTDOOR IN-GROUND POOL! HEAT AND WATER INCLUDED. TENANT RESPONSIBLE ONLY FOR ELECTRIC. Will be freshly painted and professionally cleaned.

Last Agent to Rent the Property

Ella Abramova

RE/MAX Properties Select Listed on: 04/28/2023

RE/MAX Properties Select

Last Renter's Agent

Michele Kowal

Compass New Jersey, LLC-Ridgewood

Compass New Jersey, LLC-Ridgewood

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,346

Year Built

  • 1962

Lot Details

  • 436

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Kitchen

  • Gas Oven or Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit

Utilities

  • Cooling System Powered By Gas
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,346

Year Built

1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Heat, Microwave, Ov/Rang/Gs, Refrigerator, Water
  • Reso Association Amenities: Common Area, Pool Outdoor
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: (201) 796-9400
  • MLS Status: Leased - Leased
  • Directions: Valley rd to Knox ter
  • Reso Fireplace Features: None
  • Year Built Details: 1960's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1962

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features: Detached

Utilities

  • Cooling: Gas
  • Heating: Baseboard, Natural Gas, Hot Water

Lot Info

  • Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jul 25, 2017
Sold by
Ho Hing Kwong
Bought by
Kruslic Matthew J
Seller's Agent
TANG HO
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Samson Romano
HOWARD HANNA RAND REALTY
List Price
$169,000
Sold Price
$168,000
Premium/Discount to List
-$1,000
-0.59%
Current Estimated Value
$296,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,453
Avg. Annual Appreciation
7.40%
Original Mortgage
$134,400
Outstanding Balance
$112,769
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$183,684

Purchase Details

Closed on
Jul 25, 2016
Sold by
Cruz Gabriel and Valley Terrace Condominium Ass
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Dec 18, 2001
Sold by
Solomon Barbara
Bought by
Cruz Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2000
Sold by
Murphy Nancy G and Murphy Brian
Bought by
Solomon Gordon M and Solomon Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
8.26%

Purchase Details

Closed on
Apr 23, 1998
Sold by
Phillips Nancy G and Murphy Nancy G
Bought by
Murphy Nancy G and Murphy Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Kruslic Matthew J $168,000 Hudson United Title
Wells Fargo Bank N A $228,354 None Available
Cruz Gabriel $126,900 --
Solomon Gordon M $102,500 --
Murphy Nancy G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruslic Matthew J $134,400
Previous Owner Cruz Gabriel $123,000
Previous Owner Solomon Gordon M $87,100
Previous Owner Murphy Nancy G $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Rented $2,050 0.0% --
04/28/2023 04/28/23 Sold $260,000 0.0% $361 / Sq Ft
04/28/2023 04/28/23 For Rent $1,950 0.0% --
03/14/2023 03/14/23 Pending -- -- --
03/11/2023 03/11/23 For Sale $239,000 +42.3% $332 / Sq Ft
07/31/2017 07/31/17 Sold $168,000 -0.6% $233 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $169,000 -- $235 / Sq Ft
Source: New Jersey 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: New Jersey MLS

MLS Number: 23012484

New Jersey MLS

APN: 14-02802-0000-00001-0000-C0221