$720,000
SOLD JUN 28, 2024

124 Wessington Ave Garfield, NJ 07026

2 Beds
2 Baths
2,705 Sq Ft
0.26 Acres

Recently Sold

$266 Per Sq Ft

13% Above List Price

8 Days on Market

About This Home

As of June 2024

Don't miss the opportunity to own this charming, Two Family home on a large corner lot in Garfield! The Wrap around porch creates a welcoming aesthetic, as well as beautiful usable space! The first unit on the main floor features a 1 bedroom, large EIK with walk-in pantry, bathroom, DR and bright spacious Living room. The second unit boasts a new EIK, bedroom, bathroom, office, and storage area. Finished attic with baseboard electric heat offers additional space. Laundry facilities are in basement with huge amount of storage. The Surprise feature of the Basement is that it gives you the opportunity to restore the original wine cellar!! Outside offers a beautiful, spacious yard for your outdoor enjoyment and entertainment! Detached 2 car garage in addition to long driveway allow for 6 car parking! Located close to major highways, schools, and shopping centers! This property is ideal for multigenerational living or investment opportunity!

Last Agent to Sell the Property

Olga Kuhta

Christie's International Real Estate Group-Mahwah/Saddle River Regional Office Listed on: 05/01/2024

Christie's International Real Estate Group-Mahwah/Saddle River Regional Office

Last Buyer's Agent

Viktoriia Khoroshchak

Christie's International Real Estate Group-Paramus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,669

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 0.26 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00043 / 00113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,669

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 962-9555
  • MLS Status: Sold - Sold
  • Directions: Garden State Pwy South to Rt. 46 W, Exit River Rd, Turn left on Outwater Lane, Right onto Wessingtonn
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Remarks: Full - ( clothes dryer excluded)

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 11252.0

Tax Info

  • Tax Annual Amount: 9669.0
  • Tax Block: 00113
  • Tax Lot: 00043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 25, 2024
Sold by
Ewen Sonia J
Bought by
Roman Kvasnytsia and Roman Oksana Kvasnytsia
Seller's Agent
Olga Kuhta
Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
Buyer's Agent
Viktoriia Khoroshchak
Christie's International Real Estate Group-Paramus
List Price
$639,999
Sold Price
$720,000
Premium/Discount to List
$80,001
12.5%
Views
69
Current Estimated Value
$723,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,861
Avg. Annual Appreciation
3.16%
Original Mortgage
$695,970
Outstanding Balance
$690,653
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$51,431

Purchase Details

Closed on
Apr 18, 2000

Purchase Details

Closed on
Feb 28, 1996
Sold by
Frasca Thelma
Bought by
Ewen Sonia and Trujillo Idalide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.02%
Mortgage Type
FHA
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 Type Sale Price Title Company
Bargain Sale Deed $720,000 Simplicity Title
Quit Claim Deed -- --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $695,970 FHA
Previous Owner $51,000 Unknown
Previous Owner $148,800 Unknown
Previous Owner $153,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $720,000 +12.5% $266 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $639,999 -- $237 / 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 $10,171 $310,000 $161,300 $148,700
2023 $9,669 $310,000 $161,300 $148,700
2022 $9,669 $310,000 $161,300 $148,700
2021 $9,387 $310,000 $161,300 $148,700
2020 $9,182 $310,000 $161,300 $148,700
2019 $9,009 $310,000 $161,300 $148,700
2018 $8,807 $310,000 $161,300 $148,700
2017 $8,652 $310,000 $161,300 $148,700
2016 $8,395 $310,000 $161,300 $148,700
2015 $8,187 $310,000 $161,300 $148,700
2014 $8,649 $336,400 $161,300 $175,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24013041

New Jersey MLS

APN: 21-00113-0000-00043