NOT LISTED FOR SALE

127 Riveredge Rd Lincoln Park, NJ 07035

Estimated Value: $441,000 - $512,995

3 Beds
1 Bath
1,538 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $145,000 $94 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,069/month

24 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Wood Flooring
  • Lincoln Park Elementary School Rated A-
  • Ranch Style House
  • 2-minute walk to Elm Street Park

About This Home

As of March 2019

Charming ranch style home sits on a private lot. Walk in to the bright, gorgeous sunroom! This leads to the spacious living room with a fireplace and custom-trimmed ceiling. The cottage boasts 3 bedrooms and a bonus office/den. Stairs lead to the second floor, just waiting to be finished to make even more space. GREAT investment opportunity for a rental home or for the homebuyer who wants to take this gem in the rough and make their own! Convenient to Rt 23 and NYC transportation. Buyer responsible for all certs and inspections.

Last Agent to Sell the Property

TONI FERRARIE

RE/MAX COUNTRY REALTY Listed on: 01/08/2019

RE/MAX COUNTRY REALTY

Co-Listed By

Michele DeStefano

EXP REALTY, LLC

Last Buyer's Agent

GIOVANNI GRANATA

BAY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,141

Year Built

  • Built in 1924

Lot Details

  • 0.26 Acre Lot
  • Private Waterfront

Parking

  • 5 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Tile

Interior Spaces

  • Living Room with Fireplace
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Laundry Room
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Listing and Financial Details

  • Assessor Parcel Number 2316-00125-0000-00006-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,141

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1924
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 127
  • Directions: Mountainview Blvd to Riveredge
  • I D: 4861683
  • Modified: 2021-09-23
  • Number Images: 16
  • First Name: TONI
  • First Name2: MICHELE
  • First Name3: GIOVANNI
  • Last Name: FERRARIE
  • Last Name2: DESTEFANO
  • Last Name3: GRANATA
  • Office Phone: 973-223-5519
  • Office Phone2: 201-891-0402
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Dishwasher
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished
  • Den Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: First
  • Other Room 3: Attic
  • Other Room3 Level: Second
  • Level 1 Rooms: Laundry Room, 3 Bedrooms, Den, Living Room, Bath Main, Sunroom, Kitchen
  • Level 2 Rooms: Attic
  • Phone: 201-445-4300

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 5
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 75X150
  • Assessed Improvement Value: 143100
  • Assessed Land Value: 85300
  • Assessment: 228400
  • Easement: Unknown
  • Lot Description: Waterfront
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.26

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6141
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2316-00125-0000-00006-0000-
  • Tax Rate Amount: 2.689
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 15, 2019
Sold by
Mtglq Investors Lp
Bought by
Veiss Arvils
Seller's Agent
TONI FERRARIE
RE/MAX COUNTRY REALTY
Buyer's Agent
GIOVANNI GRANATA
BAY REALTY
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%
Current Estimated Value
$464,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,249
Avg. Annual Appreciation
19.25%
Original Mortgage
$167,887
Outstanding Balance
$150,761
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$313,488

Purchase Details

Closed on
Jun 13, 2006
Sold by
Mielnik Joyce
Bought by
Adamec Martin and Adamovic Ivana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,251
Interest Rate
6.58%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Veiss Arvils $145,000 Champion Title Agency Inc
Adamec Martin $300,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veiss Arvils $167,887
Previous Owner Adamec Martin $296,251
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $145,000 -14.7% $94 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $169,900 -- $110 / Sq Ft
Source: Garden State 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
2025 $7,376 $362,400 $126,400 $236,000
2024 $6,955 $341,800 $110,100 $231,700
2023 $6,955 $228,400 $85,300 $143,100
2022 $6,573 $228,400 $85,300 $143,100
2021 $6,573 $228,400 $85,300 $143,100
2020 $6,448 $228,400 $85,300 $143,100
2019 $6,318 $228,400 $85,300 $143,100
2018 $6,142 $228,400 $85,300 $143,100
2017 $5,991 $228,400 $85,300 $143,100
2016 $5,916 $228,400 $85,300 $143,100
2015 $5,833 $228,400 $85,300 $143,100
2014 $5,708 $228,400 $85,300 $143,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3523967

Garden State MLS

APN: 16-00125-0000-00006