NOT LISTED FOR SALE

16 Academy Ln Demarest, NJ 07627

Estimated Value: $2,469,000 - $2,960,000

-- Bed
-- Bath
5,660 Sq Ft
$492/Sq Ft Est. Value

About This Home

This home is located at 16 Academy Ln, Demarest, NJ 07627 and is currently estimated at $2,783,822, approximately $491 per square foot. 16 Academy Ln is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Choi Hank Hyunho and Choi Hyun Ho
Bought by
Jiang David
Current Estimated Value
$2,783,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,000
Interest Rate
2.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Kim Sam
Bought by
Choi Hyun Ho and Choi Heui Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.74%

Purchase Details

Closed on
Apr 4, 1995
Sold by
Ivan Corp
Bought by
Cohen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.66%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Jiang David $1,550,000 Blueland Title Agency
Choi Hyun Ho $2,350,000 --
Cohen Richard $1,244,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang David $300,000
Open Jiang David $935,000
Closed Jiang David $1,085,000
Previous Owner Choi Hank Hyunho $2,000,000
Previous Owner Sook-Choi He Ui $1,000,000
Previous Owner Choi Hank Hyunho $720,000
Previous Owner Choi Hank Hyunho $729,700
Previous Owner Choi Hyun Ho $1,000,000
Previous Owner Kim Sam S $150,000
Previous Owner Kim Sam S $945,000
Previous Owner Cohen Richard $1,100,000
Source: Public Records

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 $45,063 $1,544,300 $771,300 $773,000
2023 $43,843 $1,544,300 $771,300 $773,000
2022 $43,843 $1,544,300 $771,300 $773,000
2021 $42,762 $1,544,300 $771,300 $773,000
2020 $41,758 $1,544,300 $771,300 $773,000
2019 $40,553 $1,544,300 $771,300 $773,000
2018 $39,302 $1,544,300 $771,300 $773,000
2017 $38,360 $1,544,300 $771,300 $773,000
2016 $44,010 $1,800,000 $771,300 $1,028,700
2015 $43,416 $1,800,000 $771,300 $1,028,700
2014 $42,480 $1,800,000 $771,300 $1,028,700
Source: Public Records

Map

New Jersey Bergen County Demarest 07627

16 Academy Ln, Demarest, NJ

This home is located at 16 Academy Ln, Demarest, NJ 07627 and is currently estimated at $2,783,822, approximately $491 per square foot. 16 Academy Ln is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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