NOT LISTED FOR SALE

16-20 Morlot Ave Unit 1X Fair Lawn, NJ 07410

Estimated Value: $620,000 - $646,844

3 Beds
3 Baths
1,629 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $480,000 $295 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,336/month

11 Days on Market

Highlights

  • Views to the East
  • Cape Cod Architecture
  • Corner Lot
  • Lyncrest Elementary School Rated A
  • Property is near a park
  • 3-minute walk to Peace Park

About This Home

As of August 2021

Very convenient location in a desirable Lyncrest section in Fair Lawn, close to everything-bus, train stations, school, parks and shopping. Fair Lawn has an excellent school system and offers so much to the residents. House features: brand new hot water heater (04/2021), updated kitchen, hardwood floor throughout the first and second floor, nice living room with wood burned fireplace, all nice size rooms plus a bonus room next to the master room on the second floor. Finished basement is a plus for your entertainment. Each floor has a full bathroom.Four car parking driveway. Fenced back yard for you own privacy. Attached garage for additional storage and more. All applicance will sell as-it condition Just pack your personal belongings and move right in. Seller holds NJ real estate license. Park your car on 17th street.

Last Listed By

Jin Chen

Keller Williams Village Square Realty Listed on: 06/03/2021

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,261

Year Built

  • 1942

Lot Details

  • 5,001 Sq Ft Lot
  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1940s
  • Cape Cod Architecture
  • Vinyl Construction Material

Interior Spaces

  • Fireplace
  • Views to the East
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 021704403 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,261

Year Built

1942

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In
  • Views/Exposure: East, None
  • Year Built: 1940'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: N
  • Full Bathrooms: 3
  • Basement: Finished, Full
  • Basement: Finished, FBath, Laundry room, utility room
  • Items Not Included: Personal belongins
  • Items Included: All Appliance in As-it condition

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Park Space

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Wall A/C

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Call BOE
  • Middle School: Call BOE
  • High School: Fairlawn H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00002
  • Lot Description: Corner Lot
  • Estimated Lot Sq Ft: 5001

Tax Info

  • Tax: 9261
  • Assessor Parcel Number: 021704403 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Aug 2, 2021
Sold by
Chen Jin and Dong Min
Bought by
Lamm Dodi Lee
Seller's Agent
Jin Chen
Keller Williams Village Square Realty
Buyer's Agent
Zohar Zamir
Keller Williams Village Square Realty
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%
Total Days on Market
11
Current Estimated Value
$637,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,211
Avg. Annual Appreciation
7.83%
Original Mortgage
$220,000
Outstanding Balance
$201,645
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$435,566

Purchase Details

Closed on
Jan 23, 2007
Sold by
Rivera Colette
Bought by
Chen Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

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
Lamm Dodi Lee $480,000 Foundation Title Llc
Chen Jin $412,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamm Dodi Lee $220,000
Previous Owner Wertman Paul $24,522
Previous Owner Chen Jin $230,000
Previous Owner Chen Jin $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $480,000 -1.8% $295 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $489,000 -- $300 / 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 $9,437 $270,000 $148,100 $121,900
2023 $9,323 $270,000 $148,100 $121,900
2022 $9,323 $270,000 $148,100 $121,900
2021 $8,639 $270,000 $148,100 $121,900
2020 $9,261 $270,000 $148,100 $121,900
2019 $9,099 $270,000 $148,100 $121,900
2018 $8,932 $270,000 $148,100 $121,900
2017 $8,710 $270,000 $148,100 $121,900
2016 $8,470 $270,000 $148,100 $121,900
2015 $8,311 $270,000 $148,100 $121,900
2014 $8,170 $270,000 $148,100 $121,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21021919

New Jersey MLS

APN: 17-04403-0000-00002