NOT LISTED FOR SALE

171 Magnolia Ave Cresskill, NJ 07626

Estimated Value: $1,281,000 - $1,921,358

3 Beds
1.5 Baths
1,152 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $477,000 $414 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $9,222/month

76 Days on Market

Highlights

  • Corner Lot
  • Cresskill High School Rated A
  • 3-minute walk to 12th Street Playground

About This Home

As of November 2022

The VIRTUAL TOUR link for this listing contains an enormous amount of relevant information including a comprehensive video tour with hidden features & room dimensions, written description, additional photos, floor plans, and a complete interactive 3D model of the home. GREAT INVESTMENT OPPORTUNITY This 100 X 75 property in Cresskill is located perched atop of Cresskill's West Hill with Amazing views. Restore this 3 Bedroom 1.5 Bath classic home or start fresh and build your dream. The sky is the limit... This property is being sold as is. All inspections are for informational purposes only.

Last Agent to Sell the Property

Jason Pierce

Prominent Properties Sotheby's International Realty-Tenafly Listed on: 07/20/2022

Prominent Properties Sotheby's International Realty-Tenafly

Co-Listed By

Glenn Gargiulo

Prominent Properties Sotheby's International Realty-Tenafly

Last Buyer's Agent

Shimon Avrahami

Next Realty of Tenafly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,263

Lot Details

  • 7,501 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00408 / 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,263

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • View Type:Pond View: South
  • Co List Office Phone: 201-568-5668
  • MLS Status: Sold - Sold
  • Directions: 9th and Magnolia
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Unfinished

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Exclusions: Personal Items
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: None
  • Heating: Natural Gas, Hot Water, Radiant Floor

Lot Info

  • Lot Size Sq Ft: 7501.0

Tax Info

  • Tax Annual Amount: 9263.0
  • Tax Block: 00032
  • Tax Lot: 00408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Tenafly Rentals 2 Llc
Bought by
Woo Kenneth and Woo Patricia
Current Estimated Value
$1,596,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$443,199
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$1,153,391

Purchase Details

Listed on
Jul 20, 2022
Closed on
Nov 8, 2022
Sold by
Kanze Donna B
Bought by
Tenafly Rentals 2 Llc
Seller's Agent
Jason Pierce
Prominent Properties Sotheby's International Realty-Tenafly
Buyer's Agent
Shimon Avrahami
Next Realty of Tenafly
List Price
$530,000
Sold Price
$477,000
Premium/Discount to List
-$53,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.80%

Purchase Details

Closed on
Oct 17, 2007
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woo Kenneth $1,600,000 Bridgeview Abstract
Woo Kenneth $1,600,000 Bridgeview Abstract
Tenafly Rentals 2 Llc $477,000 Fidelity National Title
Tenafly Rentals 2 Llc $477,000 Fidelity National Title
-- -- --
Bisogno Vincent J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woo Kenneth $450,000
Closed Woo Kenneth $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $477,000 -4.6% $414 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $499,999 -5.7% $434 / Sq Ft
07/20/2022 07/20/22 For Sale $530,000 -- $460 / 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
2025 $9,775 $1,513,300 $362,000 $1,151,300
2024 $7,137 $425,000 $325,000 $100,000
2023 $9,140 $307,500 $307,500 $0
2022 $9,390 $390,100 $285,000 $105,100
2021 $9,007 $379,300 $277,500 $101,800
2020 $8,972 $368,900 $269,000 $99,900
2019 $8,747 $363,400 $265,500 $97,900
2018 $6,054 $359,100 $262,500 $96,600
2017 $8,367 $307,400 $210,000 $97,400
2016 $8,118 $307,400 $210,000 $97,400
2015 $7,616 $307,400 $210,000 $97,400
2014 $7,380 $307,400 $210,000 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22027099

New Jersey MLS

APN: 08-00032-0000-00408