NOT LISTED FOR SALE

116 Lincoln Ave Rutherford, NJ 07070

Estimated Value: $1,090,451 - $1,382,000

7 Beds
3.5 Baths
3,850 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $920,000 $239 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,267/month

16 Days on Market

About This Home

As of June 2022

Entirely renovated, this impressive 2-family Colonial located on a beautiful tree lined street boasts approx. 4,000 sq. ft. of living space. This is the PERFECT home for someone wanting to live in one unit and rent the other. Each unit features a charming covered front terrace & private deck. Unit 1 offers 3 bedrooms, 1 bath, kitchen, living rm, dining rm & laundry. Unit 2 (owner's duplex) offers 4 bedrooms, 2 1/2 baths, large foyer, living rm, dining room, kitchen, office & laundry. Completing this home is a 2 car garage, large driveway and beautiful private backyard. The property's locale within close proximity to both downtown Rutherford, schools and NYC trans, coupled with its pristine finishes & smart design, truly makes it a one-of-a-kind home!

Last Agent to Sell the Property

Perry Sessa

RE/MAX Elite Realty Listed on: 05/02/2022

RE/MAX Elite Realty

Co-Listed By

Marlo Spina

RE/MAX Elite Realty

Last Buyer's Agent

Jennifer Romero-DeFeis

Compass New Jersey, LLC-Ridgewood

Compass New Jersey, LLC-Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,106

Lot Details

  • 10,411

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Laundry in unit
  • 10,411 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00008 / 00109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,106

Lot Details

10,411 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (973) 287-6047
  • MLS Status: Sold - Sold
  • Directions: Ridge to E. Pierrepont to Lincoln
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Basement Remarks: FULL UNFINISHED

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 10411.0

Tax Info

  • Tax Annual Amount: 17106.0
  • Tax Block: 00109
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 29, 2022
Sold by
Stachowiak Jacek A and Stachowiak Joanna D
Bought by
Atek Joanne
Seller's Agent
Perry Sessa
RE/MAX Elite Realty
Buyer's Agent
Jennifer Romero-DeFeis
Compass New Jersey, LLC-Ridgewood
List Price
$949,900
Sold Price
$920,000
Premium/Discount to List
-$29,900
-3.15%
Current Estimated Value
$1,209,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,363
Avg. Annual Appreciation
7.63%
Original Mortgage
$460,000
Outstanding Balance
$438,990
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$770,373

Purchase Details

Closed on
May 30, 2017
Sold by
Harper Richard and Kirchner Robert
Bought by
Stachowiak Jacek A and Stachowiak Jonna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,250
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records
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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
Atek Joanne $920,000 First American Title
Atek Joanne $920,000 First American Title
Stachowiak Jacek A $5,454,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atek Joanne $460,000
Closed Atek Joanne $460,000
Previous Owner Stachowiak Jacek A $463,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $920,000 -3.1% $239 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $949,900 -- $247 / Sq Ft
Source: New Jersey MLS

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
2025 $21,663 $694,100 $287,100 $407,000
2024 $21,115 $694,100 $287,100 $407,000
2023 $17,814 $694,100 $287,100 $407,000
2022 $17,814 $600,000 $287,100 $312,900
2021 $17,574 $600,000 $287,100 $312,900
2020 $17,106 $600,000 $287,100 $312,900
2019 $16,434 $600,000 $287,100 $312,900
2018 $16,206 $600,000 $287,100 $312,900
2017 $17,240 $647,400 $287,100 $360,300
2016 $16,858 $647,400 $287,100 $360,300
2015 $16,399 $647,400 $287,100 $360,300
2014 $15,887 $647,400 $287,100 $360,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22015095

New Jersey MLS

APN: 56-00109-0000-00008-01

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