NOT LISTED FOR SALE

162 E Main St Prospect Park, NJ 07508

Estimated Value: $412,000 - $740,979

Studio
-- Bath
3,216 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $400,000 $124 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,955/month

271 Days on Market

About This Home

As of January 2019

This home is located at 162 E Main St, Prospect Park, NJ 07508 since 16 February 2018 and is currently estimated at $645,495, approximately $200 per square foot. 162 E Main St is a home located in Passaic County with nearby schools including Number 1, Prospect Park Elementary School, Manchester Reg High School, and Al-Hikmah Elementary School.

Last Agent to Sell the Property

Jerry Sahlman

VILLAGE SQUARE REALTORS Brokerage Phone: 973-509-2222 Listed on: 02/16/2018

Last Buyer's Agent

Jerry Sahlman

VILLAGE SQUARE REALTORS Brokerage Phone: 973-509-2222 Listed on: 02/16/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,663 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 4765829
  • Attribution Contact: 973-509-2222
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 44X130
  • Total Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Jan 30, 2019
Sold by
Seymour Property Llc
Bought by
Donnarumma Justin and Depatria Christopher
Seller's Agent
Jerry Sahlman
VILLAGE SQUARE REALTORS
Buyer's Agent
Jerry Sahlman
VILLAGE SQUARE REALTORS
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$645,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,495
Avg. Annual Appreciation
7.15%
Original Mortgage
$300,000
Outstanding Balance
$263,754
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$381,741

Purchase Details

Closed on
Jan 2, 2015
Sold by
162 E Main Street Llc
Bought by
Seymour Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.87%

Purchase Details

Listed on
Apr 10, 2014
Closed on
Apr 10, 2014
Sold by
Arroyo Zenaida
Bought by
162 E Main Street Llc
Seller's Agent
TIMOTHY J. FIERRO
HOWARD HANNA RAND REALTY
Buyer's Agent
TIMOTHY J. FIERRO
HOWARD HANNA RAND REALTY
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%
Original Mortgage
$187,000
Interest Rate
4.36%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2008
Sold by
Lopez Efrain
Bought by
Arroyo Nydia

Purchase Details

Closed on
Jan 19, 2005
Sold by
Reed Susan
Bought by
Lopez Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,050
Interest Rate
5.77%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Baptiste Violette M
Bought by
Reed Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
8.21%
Mortgage Type
Unknown

Purchase Details

Closed on
May 8, 1999
Sold by
Sudol Lynn
Bought by
Baptiste Violette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
3.95%
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
Donnarumma Justin $400,000 Foundation Title Llc
Seymour Property Llc $300,000 --
162 E Main Street Llc $100,000 Commonwealth Land Title Ins
Arroyo Nydia $287,000 --
Lopez Efrain $397,580 --
Reed Susan $165,000 Old Republic Natl Title Ins
Baptiste Violette M $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnarumma Justin $300,000
Previous Owner Seymour Property Llc --
Previous Owner 162 E Main Street Llc $187,000
Previous Owner Lopez Efrain $318,050
Previous Owner Reed Susan $148,500
Previous Owner Baptiste Violette M $82,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2019 01/30/19 Sold $400,000 -11.1% $124 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $450,000 +350.0% $140 / Sq Ft
04/10/2014 04/10/14 Sold $100,000 -- $31 / Sq Ft View Prior Sale
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 $18,954 $318,500 $57,000 $261,500
2024 $17,588 $318,500 $57,000 $261,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jerry Sahlman

    VILLAGE SQUARE REALTORS

    (973) 979-2222

    17 Total Sales

    Jerry Sahlman
    Section Image

  • T

    Seller's Agent in 2014

    TIMOTHY J. FIERRO

    Rand Realty

See All Agents

Map

Source: Garden State MLS

MLS Number: 3447339

Garden State MLS

APN: 10-00049-0000-00004

New Jersey Passaic County Prospect Park 07508

162 E Main St, Prospect Park, NJ

Not Listed for Sale

MultiFamily

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