NOT LISTED FOR SALE

116 Palmer Ave Tenafly, NJ 07670

Estimated Value: $1,001,000 - $1,219,000

3 Beds
3 Baths
2,359 Sq Ft
$479/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $785,000 $333 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,895/month

36 Days on Market

Highlights

  • Views to the East
  • Colonial Architecture
  • Property is near a park
  • Tenafly Middle School Rated A+
  • Deck
  • Fireplace

About This Home

As of February 2020

Charming & spacious Nantucket style Colonial on a picturesque tree lined street. As you enter the Center Hall, you feel the warmth of this home; Living room has a fireplace, comfortable Formal Dining room and Large MEIK with center island, wet bar & Breakfast area with O/S exit to patio. There's also a mud room with Washer/Dryer and door to pool. A Den, presently used as an office and Full Bath completes the first floor. Second floor has Large Master Bedroom with 2 walk in closets & beautiful Master Bath! 2 additional Bedrooms with good closet space & Full Bath. All newer Windows. A Generator & Security System. 2 Zones of Heat & Air Conditioning. In-ground heated pool. Paver patio and driveway....property is all fenced in. CLASSY,SIMPLE,ELEGANT,TIMELESS! LIVE TENAFLY!!! All offers in writing to LB with Pre-Approval.

Last Agent to Sell the Property

Helen Saitta

Prominent Properties Sotheby's International Realty-Alpine Listed on: 10/13/2019

Prominent Properties Sotheby's International Realty-Alpine

Last Buyer's Agent

Jessica Abergel

Prominent Properties Sotheby's International Realty-Tenafly

Prominent Properties Sotheby's International Realty-Tenafly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,367

Year Built

  • 1950

Lot Details

  • 0.26 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Views to the East
  • Views to the West

Home Design

  • Built in the 1950s
  • Colonial Architecture
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 026100603 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,367

Year Built

1950

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl, Expanded
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Miscellaneous: Hdwd As In, Security, Sprinklers, Deck / Patio
  • Views/Exposure: East, West
  • Year Built: 1950's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: 1 Fireplace
  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Primary Bathroom: Y
  • Full Bathrooms: 3
  • Basement: Full, Prt Finished
  • Basement: Full, Partial fin, Rec Rm,dark room, loads of Storage, tile floor
  • Items Included: Washer/Dryer,window treatments

Exterior Features

  • Exterior: Stone, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00017
  • Lot Description: Regular
  • Lot Dimensions: 75 X 151
  • Estimated Lot Sq Ft: 11326

Tax Info

  • Tax: 17367
  • Assessor Parcel Number: 026100603 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2019
Closed on
Feb 12, 2020
Sold by
Stokes Lorene A
Bought by
Tal Joshua Zvi and Tal Alexandra
Seller's Agent
Helen Saitta
Prominent Properties Sotheby's International Realty-Alpine
Buyer's Agent
Jessica Abergel
Prominent Properties Sotheby's International Realty-Tenafly
List Price
$899,000
Sold Price
$785,000
Premium/Discount to List
-$114,000
-12.68%
Total Days on Market
36
Current Estimated Value
$1,130,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,577
Avg. Annual Appreciation
7.11%
Original Mortgage
$628,000
Outstanding Balance
$561,932
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$568,645

Purchase Details

Closed on
Nov 13, 2012
Sold by
Lustberg Jean Anne and Lustberg Arthur
Bought by
Stokes Lorene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Buyer Sale Price Title Company
Tal Joshua Zvi $785,000 Old Republic Natl Ttl Ins Co
Stokes Lorene A $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tal Joshua Zvi $628,000
Previous Owner Stokes Lorene A $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $785,000 -1.9% $333 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/11/2019 11/11/19 Price Changed $800,000 -11.0% $339 / Sq Ft
10/13/2019 10/13/19 For Sale $899,000 -- $381 / 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 $18,572 $670,000 $370,500 $299,500
2023 $18,124 $670,000 $370,500 $299,500
2022 $18,124 $670,000 $370,500 $299,500
2021 $17,802 $670,000 $370,500 $299,500
2020 $17,541 $670,000 $370,500 $299,500
2019 $17,232 $670,000 $370,500 $299,500
2018 $16,964 $670,000 $370,500 $299,500
2017 $16,904 $670,000 $370,500 $299,500
2016 $16,569 $670,000 $370,500 $299,500
2015 $16,201 $670,000 $370,500 $299,500
2014 $15,899 $670,000 $370,500 $299,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1947339

New Jersey MLS

APN: 61-00603-0000-00017