NOT LISTED FOR SALE

162 Franklin Ave Hasbrouck Heights, NJ 07604

Estimated Value: $949,235 - $1,055,000

6 Beds
4 Baths
3,074 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $575,000 $187 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,955/month

75 Days on Market

Highlights

  • Colonial Architecture
  • Living Room
  • Baseboard Heating
  • Hasbrouck Heights High School Rated A-

About This Home

As of January 2016

2 story 4 unit investment property with 6 car parking lot. The property was built in 1985 and is mostly maintenance free.

Last Agent to Sell the Property

Christopher Cervelli

MICHAEL CERVELLI REAL ESTATE LLC License #9807944 Listed on: 08/19/2015

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,441

Lot Details

  • 5,271

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Living Room
  • Lot Dimensions are 50x105

Community Details

  • Insurance Expense $3,000
  • Water Sewer Expense $1,600

Listing and Financial Details

  • Legal Lot and Block 00035 / 00026
  • Assessor Parcel Number 2832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,441

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Colonial
  • Lead Paint Form: Yes
  • Assessor Parcel Number: 2832
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 4
  • Total Full Baths: 4
  • Total Bedrooms: 6
  • Total Kitchens: 3
  • Total Living Rooms: 4
  • First Floor Bedrooms: 1
  • First Full Floor Bathrooms: 1
  • Floor 1 Living Rooms: 1
  • Second Floor Bedrooms: 1
  • Floor 2 Full Bathrooms: 1
  • Floor2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Third Floor Bedrooms: 2
  • Floor 3 Full Bathrooms: 1
  • Floor3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Fourth Floor Bedrooms: 2
  • Floor 4 Full Bathrooms: 1
  • Floor4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Fl1 Rooms: 2
  • Fl2 Rooms: 3
  • Fl3 Rooms: 4
  • Fl4 Rooms: 4

Exterior Features

  • Exterior Finish: Brick, Stucco

Garage/Parking

  • Parking Available: 3+ Cars
  • Annual Water Sewer Expense: 2014

Utilities

  • Heating/Cooling: A/C Window, A/C Wall, Baseboard, Gas, Hot Water
  • Annual Insurance Expense: 2014

Fee Information

  • Insurance Expense: 3000
  • Water Sewer Expenses: 1600

Lot Info

  • Total Assessed Value: 497300
  • Assessed Value Year: 2014
  • Geo Address Line: 162 Franklin Ave
  • Geo Primary City: Hasbrouck Heights
  • Geo Quality: 0.95
  • Geo Secondary City: Bergen Co.
  • Geo Update Timestamp: 01/08/2016
  • Geo Zoom Level: 16
  • Lot: 00035
  • Lot Size: 50x105

Tax Info

  • Year: 2014
  • Taxes: 14441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Mehra Kavit and Mehra Khyati
Bought by
Pajm Properties Llc
Current Estimated Value
$1,010,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Outstanding Balance
$50,224
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2021
Sold by
Mehra and Khyati
Bought by
Pajm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2021
Sold by
Hasbrouck Property Management Llc
Bought by
Pajm Properties Llc

Purchase Details

Listed on
Aug 19, 2015
Closed on
Jan 4, 2016
Sold by
162 Franklin Ave Llc
Bought by
Hasbrouck Property Management Llc
Seller's Agent
Christopher Cervelli
MICHAEL CERVELLI REAL ESTATE LLC
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Longo James and Longo Ruth Ann
Bought by
162 Franklin Avenue Llc
Source: Public Records

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
Pajm Properties Llc -- Mortgage Connect
Mehra Kavit -- None Listed On Document
Pajm Properties Llc -- None Listed On Document
Mehra Kavit -- None Listed On Document
Pajm Properties Llc $758,000 Stewart Title Guaranty Co
Hasbrouck Property Management Llc $575,000 None Available
162 Franklin Avenue Llc $499,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehra Kavit $52,000
Previous Owner Mehra Kavit $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2016 01/07/16 Sold $575,000 -4.0% $187 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $599,000 -- $195 / Sq Ft
Source: Hudson County 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 $17,083 $668,600 $184,100 $484,500
2024 $16,673 $668,600 $184,100 $484,500
2023 $16,623 $647,000 $179,300 $467,700
2022 $16,623 $617,500 $172,200 $445,300
2021 $16,091 $569,800 $160,800 $409,000
2020 $16,517 $574,300 $158,900 $415,400
2019 $16,191 $569,100 $157,000 $412,100
2018 $15,928 $558,500 $155,100 $403,400
2017 $15,651 $548,000 $153,200 $394,800
2016 $15,093 $497,300 $143,700 $353,600
2015 $14,849 $497,300 $143,700 $353,600
2014 $14,442 $497,300 $143,700 $353,600
Source: Public Records

Agents Affiliated with this Home

  • Christopher Cervelli

    Seller's Agent in 2016

    Christopher Cervelli

    MICHAEL CERVELLI REAL ESTATE LLC

    (201) 390-5421

    25 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    NON-MEMBER NON-MEMBER

    NON-MEMBER

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Map

Source: Hudson County MLS

MLS Number: 150011553

Hudson County MLS

APN: 25-00026-0000-00035

New Jersey Bergen County Hasbrouck Heights 07604

162 Franklin Ave, Hasbrouck Heights, NJ

This home is located at 162 Franklin Ave, Hasbrouck Heights, NJ 07604 since 19 August 2015 and is currently estimated at $1,010,059, approximately $328 per square foot. 162 Franklin Ave is a home located in Bergen County with nearby schools including Hasbrouck Heights High School and Corpus Christi 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.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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