NOT LISTED FOR SALE

162 Franklin Ave Hasbrouck Heights, NJ 07604

Estimated Value: $939,823 - $1,165,000

6 Beds
4 Baths
3,074 Sq Ft
$335/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $758,000 $247 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,124/month

32 Days on Market

Highlights

  • Views to the North
  • Property is near a park
  • Rectangular Lot
  • Hasbrouck Heights High School Rated A-
  • Baseboard Heating

About This Home

As of June 2021

INVESTMENT PROPERTY LOCATED IN THE HEART HASBROUCK HEIGHTS JUST STEPS TO NEW YORK TRANSPORTATION,SCHOOLS AND SHOPS. WELL MAINTAINED BUILT IN 1985 FEATURES MANY UPGRADES,ALL UNITS HAVE SEPARATE UTILITIES,LL PAYS WATER ONLY,PLENTY OF PARKING, SECURITY SYSTEM......ONE OF A KIND PROPERTY!! BRING ALL IN ALL OFFERS!!!

Last Agent to Sell the Property

Joan Sentipal

Terrie O'Connor Realtors-Hasbrouck Heights Listed on: 03/04/2021

Terrie O'Connor Realtors-Hasbrouck Heights

Last Buyer's Agent

Joan Sentipal

Terrie O'Connor Realtors-Hasbrouck Heights Listed on: 03/04/2021

Terrie O'Connor Realtors-Hasbrouck Heights

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,516

Lot Details

  • 5,249 Sq Ft Lot
  • Rectangular Lot

Property Views

  • Views to the North

Home Design

  • Built in the 1980s
  • Brick Exterior Construction
  • Synthetic Stucco Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Water Meter

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 022500026 00035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,516

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 4 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
  • Views/Exposure: North
  • Year Built: 1980's
  • Miscellaneous: None, Security
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 13
  • Fireplace: None
  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: None
  • Basement: NONE
  • Laundry: None

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick, Fabricated Stucco

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Heat, Sep Water
  • Cooling: None

Lot Info

  • County Name: BERGEN
  • Locale: 300
  • Lot: 00035
  • Estimated Lot Sq Ft: 5249
  • Lot Description: Regular

Tax Info

  • Tax: 16516
  • Assessor Parcel Number: 022500026 00035

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
$1,029,456

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
Estimated Equity
$979,232

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

Listed on
Mar 4, 2021
Closed on
Jun 9, 2021
Sold by
Hasbrouck Property Management Llc
Bought by
Pajm Properties Llc
Seller's Agent
Joan Sentipal
Terrie O'Connor Realtors-Hasbrouck Heights
Buyer's Agent
Joan Sentipal
Terrie O'Connor Realtors-Hasbrouck Heights
List Price
$899,000
Sold Price
$758,000
Premium/Discount to List
-$141,000
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Aug 8, 2014
Sold by
Longo James and Longo Ruth Ann
Bought by
162 Franklin Avenue Llc
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 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
06/09/2021 06/09/21 Sold $758,000 -5.1% $247 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/28/2021 03/28/21 Price Changed $799,000 -11.1% $260 / Sq Ft
03/04/2021 03/04/21 For Sale $899,000 0.0% $292 / Sq Ft
02/26/2020 02/26/20 Rented $1,200 0.0% --
02/17/2020 02/17/20 For Rent $1,200 -29.4% --
10/15/2019 10/15/19 Rented $1,700 0.0% --
09/19/2019 09/19/19 For Rent $1,700 +41.7% --
02/01/2019 02/01/19 Rented $1,200 0.0% --
02/01/2019 02/01/19 For Rent $1,200 -20.0% --
10/20/2018 10/20/18 Rented $1,500 -4.8% --
10/20/2018 10/20/18 For Rent $1,575 0.0% --
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: 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
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

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Map

Source: New Jersey MLS

MLS Number: 21007455

New Jersey MLS

APN: 25-00026-0000-00035