NOT LISTED FOR SALE

154 Farnham Ave Garfield, NJ 07026

Estimated Value: $672,380 - $806,000

4 Beds
3 Baths
1,456 Sq Ft
$506/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $551,000 $378 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,955/month

51 Days on Market

Highlights

  • Fireplace
  • Property is near schools
  • Baseboard Heating

About This Home

As of December 2020

GREAT INVESTMENT OPPORTUNITY FOR THE RIGHT BUYER. THIS UNIQUE 3-FAMILY RESIDENCE IS SET ON A SLOPING HILL, IN QUIET RESIDENTIAL NEIGHBORHOOD, CLOSE TO THE LODI BORDER. RESIDENCES INCLUDE: 1) A 3 BEDROOM, 1 BATH UNIT WITH LIVING ROOM, OVERSIZED EAT-IN-KITCHEN/DINING AREA AND WOOD-BURNING FP, 2) A 1 BEDROOM, 1 BATH UNIT WITH SEPARATE LIVING ROOM, BEDROOM AND OVERSIZED EAT-IN-KITCHEN/DINING AREA, AND 3) A BASEMENT STUDIO UNIT WITH KITCHEN AREA AND A SEPARATE FULL TB/SOT. ALL RESIDENCES HAVE THEIR OWN PRIVATE, OUTSIDE ENTRANCES, AS WELL AS ELECTRIC COST SAVINGS FROM RECENTLY INSTALLED ROOFTOP SOLAR PANELLING. TWO OFF-STREET PARKING SPACES INCLUDED. CLOSE TO SHOPPING,
RECREATION, HOUSES OF WORSHIP AND PUBLIC TRANSPORTATION. ILL PATIENT CURRENTLY RESIDING IN 3 BEDROOM UNIT WITH FAMILY. SPECIAL ARRANGEMENTS NEEDED FOR SHOWING THIS UNIT. CURRENTLY $45,300 YEARLY CASH FLOW.

Last Agent to Sell the Property

John Keeler

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 08/24/2020

Coldwell Banker, Wyckoff/Franklin Lakes

Last Buyer's Agent

Ragini Dunn

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,709

Year Built

  • 1960

Lot Details

  • 5,188 Sq Ft Lot
  • Irregular Lot

Home Design

  • Built in the 1960s
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters
  • Separate Water Meter

Additional Features

  • Fireplace
  • Property is near schools
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 022100044 00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,709

Year Built

1960

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 3 Family
  • Lifestyle: Close/School, Close/Wrshp, One Floor Living
  • Views/Exposure: None
  • Year Built: 1960's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 9
  • Fireplace: 1 Fireplace
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Finished
  • Basement: SEE UNIT#3
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Water
  • Cooling: Win/AC

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00023
  • Lot Dimensions: 50 X 104
  • Estimated Lot Sq Ft: 5188
  • Lot Description: Irregular

Tax Info

  • Tax: 8709
  • Assessor Parcel Number: 022100044 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Dec 7, 2020
Sold by
Desiderio Thomas and Desiderio Concetta
Bought by
Wedlick Brian
Seller's Agent
John Keeler
Coldwell Banker, Wyckoff/Franklin Lakes
Buyer's Agent
Ragini Dunn
Coldwell Banker, Ridgewood
List Price
$625,000
Sold Price
$551,000
Premium/Discount to List
-$74,000
-11.84%
Total Days on Market
51
Current Estimated Value
$736,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,845
Avg. Annual Appreciation
6.67%
Original Mortgage
$413,250
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2008
Sold by
Richardson Vera and Smith Densil
Bought by
Desiderio Thomas and Desiderio Concetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2005
Sold by
Marotto Vincent
Bought by
Richardson Vera and Smith Densil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,120
Interest Rate
6.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wedlick Brian $551,000 Title Mark Llc
Desiderio Thomas $425,000 --
Richardson Vera $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wedlick Brian $413,250
Previous Owner Desiderio Thomas $225,000
Previous Owner Richardson Vera $414,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $551,000 -8.0% $378 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
08/26/2020 08/26/20 Price Changed $599,000 -4.2% $411 / Sq Ft
08/26/2020 08/26/20 For Sale $625,000 -- $429 / 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 $9,833 $299,700 $125,900 $173,800
2023 $9,348 $299,700 $125,900 $173,800
2022 $9,348 $299,700 $125,900 $173,800
2021 $8,709 $299,700 $125,900 $173,800
2020 $8,877 $299,700 $125,900 $173,800
2019 $8,709 $299,700 $125,900 $173,800
2018 $8,514 $299,700 $125,900 $173,800
2017 $8,365 $299,700 $125,900 $173,800
2016 $8,116 $299,700 $125,900 $173,800
2015 $7,915 $299,700 $125,900 $173,800
2014 $7,705 $299,700 $125,900 $173,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20035352

New Jersey MLS

APN: 21-00044-0000-00023