$980,000
SOLD JUL 31, 2024

117 Burns Ave Lodi, NJ 07644

7 Beds
5 Baths
2,688 Sq Ft
4,199 Sq Ft Lot

Recently Sold

$365 Per Sq Ft

15% Above List Price

22 Days on Market

About This Home

As of July 2024

Experience the perfect blend of suburb meets convenience in a prime area of Lodi. Built in 1988, this oversized 2-family gem is bursting with light and located on a quiet, well-manicured block within walking distance to Thomas Jefferson middle school and Columbus elementary school, 15 miles to NYC, 3 miles to Hackensack University Medical Center, all major highways and the best shops, schools and eateries Bergen County has to offer. Units 1 and 2 share identical layouts with spacious living and dining areas, kitchen and pantry, full bathroom, 2 bedrooms and primary bedroom with full en-suite bathroom. Ground level is finished with a separate entrance, laundry area and bonus unit with full bath. Entertaining is a breeze with a large landscaped backyard and driveway that can fit 4+ cars. Perfect for multi-generational living or to capitalize on the tremendous rent potential of over 7k per month.

Last Agent to Sell the Property

Natasha Bartolomeo

Redfin Corporation Listed on: 04/10/2024

Redfin Corporation

Last Buyer's Agent

Emily Snyder

Keller Williams Realty Metropolitan

Keller Williams Realty Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,128

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Laundry in unit
  • 4,199 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00048 / 00060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,128

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (609) 216-7035
  • MLS Status: Sold - Sold
  • Directions: Arnot to Burns
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Basement Remarks: Kitchen, 1 bed, full bath, laundry room, utilities

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Sep Heat

Lot Info

  • Lot Dimensions: 4199
  • Lot Size Sq Ft: 4199.0

Tax Info

  • Tax Annual Amount: 13128.0
  • Tax Block: 00060
  • Tax Lot: 00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 31, 2024
Sold by
Vasudeva Kiran K and Vasireddy Purnima Venkata
Bought by
Beheiry Ahmed
Seller's Agent
Natasha Bartolomeo
Redfin Corporation
Buyer's Agent
Emily Snyder
Keller Williams Realty Metropolitan
List Price
$850,000
Sold Price
$980,000
Premium/Discount to List
$130,000
15.29%
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$675,000
Outstanding Balance
$670,438
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$314,739

Purchase Details

Closed on
Oct 20, 2016
Sold by
Espinal Araujo Charlie and Cardona Leidy
Bought by
Vasudeva Kiran K and Vasireddy Purnima Venkata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Us Bank
Bought by
Espinal Araujo Charlie and Espinal Araujo Franklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,552
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2010
Sold by
Mcguire Leo P
Bought by
Us Bank

Purchase Details

Closed on
Jul 16, 2005
Sold by
Wrangen Ward
Bought by
Kobylarz Leslaw and Kobylarz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.84%
Source: Public Records

Similar Homes in Lodi, NJ

  • 173 Corabelle Ave, Lodi, NJ 07644

    $779,000

    • 4 Beds
    • 3 Baths
    • 173 Corabelle Ave
    • Lodi, NJ

    Exceptional 2-Family Home in a Prime Lodi Location! Nestled in one of Lodi's most sought-after neighborhoods, this well-maintained 2-family home offers endless opportunities perfect for investors or owner-occupants seeking additional income. The property features two spacious units, each with its own unique charm and functionality. Both units boast sunlit living areas, ample-sized bedrooms, and

    Martha Filippone ADDISON REAL ESTATE

    Section Image
  • 219 Westminster Place, Lodi, NJ 07644

    $769,900

    • 5 Beds
    • 2.5 Baths
    • 2,560 Sq Ft
    • 219 Westminster Place
    • Lodi, NJ

    Welcome to this well maintained 2 unit multi-family property in Lodi! This rare 5 bedroom 2600 sq/ft home is a great opportunity for investors or owner occupants. The home features 2 spacious units, central air, baseboard heating and hardwood floors. The upstairs unit features a large open living/dining area and eat-in kitchen with 3 bedrooms and 1 full bath. The downstairs unit is currently

    KRISTOPHER BREMER RE/MAX INSTYLE

    Section Image
  • 508 Harrison Ave, Lodi, NJ 07644

    $829,000

    • 7 Beds
    • 3 Baths
    • 508 Harrison Ave
    • Lodi, NJ

    Unlock the potential of this spacious and versatile two-family home, perfectly situated in the vibrant heart of Lodi. With impressive cash flow opportunities, this property is ideal for savvy investors or those seeking comfortable multi-generational living. The first-floor unit features a well-designed layout with three generously sized bedrooms, a full bathroom, a living/dining area, and a

    Zohar Zamir Keller Williams Village Square Realty

    Section Image
  • 137 Prospect St, Lodi, NJ 07644

    $749,000

    • 4 Beds
    • 3 Baths
    • 137 Prospect St
    • Lodi, NJ

    Welcome to this legal two-family home in Lodi! Enter through the front door into the foyer to get into the second-floor unit. This unit offers vaulted ceilings in the living space, two bedrooms, full bath plus laundry in unit. The first-floor unit has an entrance on both front and side of the house and offers two large bedrooms, a living room along with an eat-in kitchen and full bath with access

    Ashli Batur United Real Estate

    Section Image
  • 154 Prospect St, Lodi, NJ 07644

    $849,000

    • 6 Beds
    • 2.5 Baths
    • 154 Prospect St
    • Lodi, NJ

    Great Two Family Home In Lodi!! Great Investment Property Or Live In One Unit And Have Income From The Other Unit!!!!!! Fenced Property With Oversized Two Car Garage. First Floor Large Open Living/Dining/Kitchen, Three Bedrooms And One Full Bath. Full Finished Basement With Summer Kitchen, Family Room, Half Bath And Laundry With Walkout To Patio Completes First Floor Unit. 2nd Floor Unit - Large

    Thomas Corrente Terrie O'Connor Realtors-Hasbrouck Heights

    Section Image
  • 125 Terrace Ave, Lodi, NJ 07644

    $739,000

    • 3 Beds
    • 2.5 Baths
    • 125 Terrace Ave
    • Lodi, NJ

    Welcome to 125 Terrace Ave, Lodi a well-maintained, owner-occupied two-family home on a rare double lot in a desirable neighborhood. Each unit features 1 full bathroom, and there's an additional half bathroom in the finished basement, offering flexibility for recreation, office, or guest space. One bedroom has been converted into a formal dining room to suit various needs. Enjoy a large

    ALICIA ALARCON KELLER WILLIAMS TEAM REALTY

    Section Image
  • 167 Hamilton Ave, Lodi, NJ 07644

    $1,200,000

    • 4 Beds
    • 4 Baths
    • 167 Hamilton Ave
    • Lodi, NJ

    Very unique property, large all brick recently updated and renovated 2 family with a commercial 4 car garage, 1st floor and basement are one apartment offering large high celling open floor plane living room/ dinning room/ kitchen, large master bedroom with walk in closet, sliding door to back yard, 2nd bedroom, full ceramic tile bathroom, ground floor offering large family room with fireplace,

    Manal Amer Century 21 Semiao & Associates, Hasbrouck Heights

    Section Image
  • 77 Chestnut St, Lodi, NJ 07644

    $850,000

    • 4 Beds
    • 2.5 Baths
    • 77 Chestnut St
    • Lodi, NJ

    MODERN LUXURY IN THE HEART OF LODI! STEP INTO THIS STUNNING NEW CONSTRUCTION SIDE-BY-SIDE SINGLE FAMILY HOME WHERE STYLE, COMFORT, AND SMART DESIGN COME TOGETHER. LOCATED IN HIGHLY DESIRABLE LODI NEIGHBORHOOD WITH EASY TRANSIT TO NYC, THIS HOME OFFERS THE PERFECT BLEND OF CONVENIENCE AND UPSCALE LIVING. THE EXTERIOR STUNS WITH STONE PAVER DRIVEWAY, SLEEK GARAGE DOORS, AND A TIMELESS MIX OF STONE

    Jose Ortega Keller Williams Town Life

    Section Image
  • 80 Macarthur Ave, Lodi, NJ 07644

    $789,900

    • 5 Beds
    • 1 Bath
    • 80 Macarthur Ave
    • Lodi, NJ

    PRIME LOCATION IN LODI FEATURING FIRST FLOOR LIVING ROOM , EAT IN KITCHEN , FAMILY ROOM WITH SLIDING GLASS DOOR TO DECK AND BACK YARD . THREE BEDROOM , FULL BATH ROOM , SECOND FLOOR LIVING ROOM , EAT IN KITCHEN , FULL BATH ROOM , TWO BEDROOM . BASEMENT FULL FINISHED

    Kaseree Harlal Public Trust Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $980,000 Chicago Title
Deed $540,000 First American Title
Deed $410,000 --
Sheriffs Deed -- --
Deed $640,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 New Conventional
Previous Owner $432,000 New Conventional
Previous Owner $459,000 New Conventional
Previous Owner $404,552 FHA
Previous Owner $512,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Rent $3,300 0.0% --
07/31/2024 07/31/24 Sold $980,000 +15.3% $365 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $850,000 -- $316 / 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 $13,104 $400,000 $154,100 $245,900
2023 $13,056 $400,000 $154,100 $245,900
2022 $13,056 $400,000 $154,100 $245,900
2021 $13,220 $400,000 $154,100 $245,900
2020 $13,140 $400,000 $154,100 $245,900
2019 $12,960 $400,000 $154,100 $245,900
2018 $12,984 $400,000 $154,100 $245,900
2017 $12,968 $400,000 $154,100 $245,900
2016 $12,968 $400,000 $154,100 $245,900
2015 $12,812 $400,000 $154,100 $245,900
2014 $12,772 $400,000 $154,100 $245,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 24010544

New Jersey MLS

APN: 31-00060-0000-00048