NOT LISTED FOR SALE

168 Reid Way Paramus, NJ 07652

Estimated Value: $1,928,576 - $2,015,000

6 Beds
5.5 Baths
1,968 Sq Ft
$995/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $1,490,000 $757 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,885/month

20 Days on Market

Highlights

  • Views to the East
  • Modern Farmhouse Architecture
  • Main Floor Primary Bedroom
  • Paramus High School Rated A-
  • Property is near a park
  • Attached Garage

About This Home

As of September 2021

This beautiful Paramus center hall colonial is waiting to be called home! Thoughtfully designed by a top builder and architect, every finish exudes luxury in this newly constructed 6 bedroom, 5.5 bathroom property. With over 6400 of living space, the first floor offers an open floor concept complete with a gourmet kitchen, family room with a fire place, formal LR and DR, a 2nd master ensuite, a mudroom situated off of the 2 car garage, and a powder room. The second floor features a Huge Master Suite with an extraordinary WIC and master bath, and 3 additional beds with 2 additional full baths and laundry room. As if the first two floors weren't appealing enough, walk downstairs to your finished basement. Built using new foundation, this area contains a bedroom, full bath, and large rec room. Built with the intention of privacy and space, the backyard offers room for a pool! Come meet with the builder to customize your dream home.

Last Listed By

Roi Klipper

Corcoran Infinity Properties, Ridgewood Listed on: 11/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,300

Year Built

  • 1950

Lot Details

  • 9,374 Sq Ft Lot
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Modern Farmhouse Architecture
  • Colonial Architecture
  • Stone Exterior Construction

Interior Spaces

  • Gas Fireplace
  • Views to the East
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Garage Door Opener

Location

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 024605914 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,300

Year Built

1950

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Farmhouse
  • Lifestyle: Close/Parks, Close/School, Close/Trans, Close/Wrshp, Extended Family, 1st Flr Mbdrm
  • Miscellaneous: Sprinklers
  • Views/Exposure: East, Sunrise, Sunset
  • Year Built: New Construction-New Foundation
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 10
  • Fireplace: 1 Fireplace, Gas
  • Bedrooms: 6
  • Total Bathrooms: 5.10
  • Primary Bathroom: Y
  • Full Bathrooms: 5
  • Partial Bathroom: 1
  • Basement: Full

Exterior Features

  • Exterior: Stone Faced
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener, 2 Car Garage

Utilities

  • Heating: Gas, Hot Air, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00005
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 9374

Tax Info

  • Tax: 7300
  • Assessor Parcel Number: 024605914 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Custodio Patrick P and Custodio Michelle P
Bought by
Custodio Family Trust
Total Days on Market
20
Current Estimated Value
$1,958,144

Purchase Details

Listed on
Nov 17, 2020
Closed on
Sep 22, 2021
Sold by
Andy Property Investment Llc
Bought by
Custodio Patrick and Custodio Michelle
Seller's Agent
Roi Klipper
Corcoran Infinity Properties, Ridgewood
Buyer's Agent
Nicole Colligan
Modern Realty Group
List Price
$1,490,000
Sold Price
$1,490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$1,490,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 19, 2020
Sold by
Spoleti Joseph and Spoleti Stephanie M
Bought by
Andy Property Investment Llc
Seller's Agent
David Arabia
Corcoran Infinity Properties
Buyer's Agent
Roi Klipper
Corcoran Infinity Properties, Ridgewood
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.84%

Purchase Details

Listed on
Aug 15, 2019
Closed on
Nov 6, 2019
Sold by
168 Reid Way Llc
Bought by
Spoleti Joseph and Spoleti Stephanie
Seller's Agent
Tony Nabhan
Keller Williams City Views Realty
Buyer's Agent
Tony Nabhan
Keller Williams City Views Realty
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Aug 2, 2019
Sold by
Peck Mary F
Bought by
168 Reid Way Llc

Range of Values:

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Average Value
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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
Custodio Family Trust -- Milvidskiy Law Group Pc
Custodio Patrick $1,490,000 Builders Title Agency Inc
Andy Property Investment Llc $562,000 First American Title Ins Co
Spoleti Joseph $525,000 None Available
168 Reid Way Llc $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Custodio Patrick $1,490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $1,490,000 0.0% $757 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $1,490,000 +156.9% $757 / Sq Ft
10/19/2020 10/19/20 Sold $580,000 -3.2% $295 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $599,000 +14.1% $304 / Sq Ft
11/07/2019 11/07/19 Sold $525,000 0.0% $267 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $525,000 -- $267 / 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 $23,101 $1,512,500 $357,700 $1,154,800
2023 $21,903 $1,505,900 $340,500 $1,165,400
2022 $21,903 $1,411,300 $317,300 $1,094,000
2021 $8,468 $512,100 $288,000 $224,100
2020 $8,047 $504,500 $283,000 $221,500
2019 $7,320 $394,400 $253,000 $141,400
2018 $7,229 $394,400 $253,000 $141,400
2017 $7,103 $394,400 $253,000 $141,400
2016 $6,910 $394,400 $253,000 $141,400
2015 $6,589 $394,400 $253,000 $141,400
2014 $6,530 $394,400 $253,000 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20048435

New Jersey MLS

APN: 46-05914-0000-00005