NOT LISTED FOR SALE

16 Abbott Rd Wayne, NJ 07470

Estimated Value: $703,000 - $843,000

3 Beds
2 Baths
1,570 Sq Ft
$472/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $500,000 $318 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,039/month

18 Days on Market

About This Home

As of September 2021

This home is located at 16 Abbott Rd, Wayne, NJ 07470 since 12 August 2021 and is currently estimated at $740,818, approximately $471 per square foot. This property was built in 1960. 16 Abbott Rd is a home located in Passaic County with nearby schools including Packanack Elementary School, George Washington Middle School, and Wayne Valley High School.

Last Agent to Sell the Property

Teresa Forte

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 08/12/2021

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.35 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Passaic
  • I D: 5095670
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .348 AC
  • Total Acres: 0.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 24, 2021
Sold by
Colazzo Frank C and Millahn Constance P
Bought by
Avedissian Justin and Beck Alexa
Seller's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%
Current Estimated Value
$740,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,818
Avg. Annual Appreciation
9.67%
Original Mortgage
$450,000
Outstanding Balance
$409,467
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$331,351
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Avedissian Justin $500,000 Acres Land Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avedissian Justin $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $500,000 +2.2% $318 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $489,000 -- $311 / 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 $13,890 $233,600 $131,100 $102,500
2024 $13,357 $233,600 $131,100 $102,500
2023 $13,208 $233,600 $131,100 $102,500
2022 $13,208 $233,600 $131,100 $102,500
2021 $13,194 $233,600 $131,100 $102,500
2020 $13,135 $233,600 $131,100 $102,500
2019 $12,881 $233,600 $131,100 $102,500
2018 $12,766 $233,600 $131,100 $102,500
2017 $12,649 $233,600 $131,100 $102,500
2016 $12,222 $233,600 $131,100 $102,500
2015 $12,072 $233,600 $131,100 $102,500
2014 $11,724 $233,600 $131,100 $102,500
Source: Public Records

Agents Affiliated with this Home

  • Teresa Forte

    Seller's Agent in 2021

    Teresa Forte

    KELLER WILLIAMS PROSPERITY REALTY

    (201) 774-6563

    23 in this area

    291 Total Sales

    Teresa Forte
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Map

Source: Garden State MLS

MLS Number: 3734062

Garden State MLS

APN: 14-01605-0000-00006

New Jersey Passaic County Wayne 07470

16 Abbott Rd, Wayne, NJ

Not Listed for Sale

Detached

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