NOT LISTED FOR SALE

17 Eric Place Demarest, NJ 07627

Estimated Value: $2,406,000 - $3,390,000

6 Beds
6.5 Baths
1,587 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $2,050,000 $1,292 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $19,756/month

4 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • County Road Elementary School Rated A-
  • Central Air

About This Home

As of June 2022

This home is located at 17 Eric Place, Demarest, NJ 07627 since 29 January 2021 and is currently estimated at $2,851,989, approximately $1,797 per square foot. 17 Eric Place is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.

Last Agent to Sell the Property

Anat Eisenberg

Keller Williams Town Life Listed on: 01/29/2021

Keller Williams Town Life

Last Buyer's Agent

Anat Eisenberg

Keller Williams Town Life Listed on: 01/29/2021

Keller Williams Town Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,143

Lot Details

  • 0.34 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 00143

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,143

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Corporate
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-894-8004
  • Outside Inclusions: APPLIANCES
  • MLS Status: Sold - Sold
  • Directions: County to Eric
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: New Const-Existing Fdn,To Be Blt
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: BR,FBTH,MEDIA,REC RM,GYM

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Cement Siding, Stone Faced

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Lot Info

  • Lot Size Sq Ft: 14810.0

Tax Info

  • Tax Block: 00143
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jun 27, 2022
Sold by
Capitalx X18 Llc
Bought by
Sherman Jenn and Sherman Brett
Seller's Agent
Anat Eisenberg
Keller Williams Town Life
Buyer's Agent
Anat Eisenberg
Keller Williams Town Life
List Price
$2,099,000
Sold Price
$2,050,000
Premium/Discount to List
-$49,000
-2.33%
Current Estimated Value
$2,851,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$801,989
Avg. Annual Appreciation
11.55%
Original Mortgage
$1,000,000
Outstanding Balance
$962,965
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$1,889,024

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jul 10, 2020
Sold by
Oh Jong Chul and Oh Mi Suk
Bought by
Capitaix Xis Llc
Seller's Agent
Jae Y. Kim
Realty 7, LLC
Buyer's Agent
Jae Y. Kim
Realty 7, LLC
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.44%
Original Mortgage
$685,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2001
Sold by
Marcello Nancy R
Bought by
Oh Jong C and Oh Mi Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
7.21%
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
Sherman Jenn $2,050,000 Guardian Title
Capitaix Xis Llc $685,000 North Bergen Title Agcy Inc
Oh Jong C $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Brett $350,000
Open Sherman Jenn $1,000,000
Previous Owner Capitalx X18 Llc $685,000
Previous Owner Oh Jong Chul $300,000
Previous Owner Oh Jong C $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $2,050,000 -2.3% $1,292 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $2,099,000 +206.4% $1,323 / Sq Ft
07/17/2020 07/17/20 Sold $685,000 -8.7% $432 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $750,000 -- $473 / 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 $47,143 $1,615,600 $418,000 $1,197,600
2023 $45,867 $1,615,600 $418,000 $1,197,600
2022 $15,941 $561,500 $418,000 $143,500
2021 $15,548 $561,500 $418,000 $143,500
2020 $15,183 $561,500 $418,000 $143,500
2019 $14,745 $561,500 $418,000 $143,500
2018 $14,290 $561,500 $418,000 $143,500
2017 $13,948 $561,500 $418,000 $143,500
2016 $13,729 $561,500 $418,000 $143,500
2015 $13,543 $561,500 $418,000 $143,500
2014 $13,251 $561,500 $418,000 $143,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21003347

New Jersey MLS

APN: 09-00143-0000-00005