$750,000
SOLD SEP 16, 2024

162 E Fairmount Ave Maywood, NJ 07607

4 Beds
3 Baths
1,422 Sq Ft
6,599 Sq Ft Lot

Recently Sold

$527 Per Sq Ft

7% Above List Price

13 Days on Market

About This Home

As of September 2024

Welcome to this two-family home in desirable Maywood. Tucked away on a quiet dead end street bordering a nature preserve, this house will give you a rare sense of privacy. First floor features a kitchen, bathroom, two bedrooms, formal living room and formal dining room with sliders to the deck. Retreat to the spacious partially finished basement equipped with a warm family room and full bath. Separate laundry/utility area has bilco doors that open up to the backyard. Second floor apartment boasts a sun-filled living room, open to dining area, kitchen, bathroom, two bedrooms. The unit also has ample attic storage. Super convenient location, close to NYC express bus, shops, restaurants and major highways! Oversized two-car garage and beautiful serene yard! Unique opportunity for investors or homeowners wanting to have the extra income of a lovely 2 family home.

Last Agent to Sell the Property

Erika Melchior

Vikki Healey Properties, LLC Listed on: 07/16/2024

Last Buyer's Agent

Maikol Puebla

Christie's International Real Estate Group-Hoboken

Christie's International Real Estate Group-Hoboken

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,578

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Dimensions are 66 x 100

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00006 / 00032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,578

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 881-7900
  • MLS Status: Sold - Sold
  • Directions: Maywood Avenue to E Fairmount Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Remarks: Full, Partial Finished w/Full Bath, Laundry/storage room, bilco door

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks, Electricity Connected, Natural Gas Connected

Lot Info

  • Lot Dimensions: 66 x 100
  • Lot Size Sq Ft: 6599.0

Tax Info

  • Tax Annual Amount: 11578.0
  • Tax Block: 00032
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Sep 9, 2024
Sold by
William Alan King Trust and Audrey M King Trust
Bought by
Correa-Alonso Durien
Seller's Agent
Erika Melchior
Vikki Healey Properties, LLC
Buyer's Agent
Maikol Puebla
Christie's International Real Estate Group-Hoboken
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Views
74
Current Estimated Value
$762,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,414
Avg. Annual Appreciation
1.86%
Original Mortgage
$724,968
Outstanding Balance
$720,296
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$42,118

Purchase Details

Closed on
Jul 1, 1997
Sold by
Devine John A and Devine Dianne
Bought by
William Alan King Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.86%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $750,000 None Listed On Document
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $724,968 FHA
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $750,000 +7.3% $527 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $699,000 -- $492 / 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
2025 $11,522 $617,300 $301,000 $316,300
2024 $11,051 $535,400 $280,400 $255,000
2023 $10,657 $513,300 $267,900 $245,400
2022 $10,657 $467,000 $243,700 $223,300
2021 $10,418 $428,000 $213,000 $215,000
2020 $9,237 $292,300 $178,400 $113,900
2019 $9,096 $292,300 $178,400 $113,900
2018 $8,895 $292,300 $178,400 $113,900
2017 $8,751 $292,300 $178,400 $113,900
2016 $8,483 $292,300 $178,400 $113,900
2015 $8,249 $292,300 $178,400 $113,900
2014 $8,132 $292,300 $178,400 $113,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24022730

New Jersey MLS

APN: 34-00032-0000-00006