$580,000
SOLD FEB 26, 2019

171 N Farview Ave Paramus, NJ 07652

3 Beds
2.5 Baths
2,136 Sq Ft
0.5 Acres

Recently Sold

$272 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • Property is near a park
  • Main Floor Primary Bedroom
  • Storage
  • Paramus High School Rated A-
  • Attached Garage
  • Stairway

About This Home

As of February 2019

Priced to sell!! Great opportunity to own a 2 family home in Paramus located on a half acre of property. The first floor has 2 Bedrooms, 1 Bathroom, Large Living Room, Dining Room and an Eat-In Kitchen. The upstairs apartment has 1 Bedroom, 1 Bathroom, Living Room, Office and Eat-In Kitchen. In the basement is the Laundry Room, Utilities, Half Bathroom and plenty of storage with access to the outside. Attached is an over sized two car garage. Low taxes and Great location close to shopping, schools, houses of worship and transportation. It is a great house but needs some TLC. Home being sold as is. Buyer will be responsible to obtain CO. Possible short sale.

Last Agent to Sell the Property

Maryanne Amato

JMichaels Realty LLC

Last Buyer's Agent

Mary Asmar

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,167

Year Built

  • 1940

Lot Details

  • 0.5 Acre Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1940s
  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Accessible Home Design

  • Stairway

Location

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

Utilities

  • Window Unit Cooling System
  • Separate Meters

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 024602507 00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,167

Year Built

1940

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Mbdrm
  • Views/Exposure: None
  • Year Built: 1940's
  • Miscellaneous: Hdwd As In
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 9
  • Fireplace: None
  • Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Bin/Storage, Full, Grd Lv Acces, Unfinished
  • Basement: Laundry room, Utilities, Half Bath, Storgage
  • Laundry: Basement

Exterior Features

  • Waterfront: None
  • Exterior Finish: Brick

Garage/Parking

  • Garage: Attached, 2 Car

Utilities

  • Heating: Oil, Radiant
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas
  • Cooling: Win/AC

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00002
  • Lot Dimensions: 112 X 188
  • Estimated Lot Sq Ft: 21780
  • Lot Description: Regular

Tax Info

  • Tax: 9167
  • Assessor Parcel Number: 024602507 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Asmar Emanuel S
Bought by
171 Farview Llc
Total Days on Market
10
Current Estimated Value
$889,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$563,140
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$326,051

Purchase Details

Listed on
Dec 24, 2018
Closed on
Feb 26, 2019
Sold by
Chaffin Bobby J
Bought by
Asmar Emanuel
Seller's Agent
Maryanne Amato
JMichaels Realty LLC
Buyer's Agent
Mary Asmar
Coldwell Banker, Ridgewood
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Aug 11, 2015
Sold by
Gilio Chaffin Dominique
Bought by
Gilio Chaffin Dominique and Chaffin Bobby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,475
Interest Rate
4.5%
Mortgage Type
FHA

Map

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 Type Sale Price Title Company
Bargain Sale Deed -- Ardent Title
Deed $580,000 --
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Previous Owner $376,475 FHA
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Previous Owner $125,000 No Value Available
Previous Owner $62,500 Unknown
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2021 12/25/21 Rented $1,850 -7.3% --
12/12/2021 12/12/21 Price Changed $1,995 -4.8% $1 / Sq Ft
11/06/2021 11/06/21 Price Changed $2,095 +10.6% $1 / Sq Ft
10/17/2021 10/17/21 Price Changed $1,895 -5.0% $1 / Sq Ft
09/25/2021 09/25/21 For Rent $1,995 0.0% --
02/26/2019 02/26/19 Sold $580,000 +5.5% $272 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/24/2018 12/24/18 For Sale $550,000 -- $257 / Sq Ft
Source: New Jersey MLS

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 $9,752 $663,700 $347,400 $316,300
2023 $9,217 $635,700 $331,000 $304,700
2022 $9,217 $593,900 $309,200 $284,700
2021 $8,963 $541,900 $280,500 $261,400
2020 $8,497 $532,700 $276,300 $256,400
2019 $9,447 $509,000 $288,900 $220,100
2018 $9,330 $509,000 $288,900 $220,100
2017 $9,167 $509,000 $288,900 $220,100
2016 $8,918 $509,000 $288,900 $220,100
2015 $8,826 $509,000 $288,900 $220,100
2014 $8,750 $509,000 $288,900 $220,100
Source: Public Records

Source: New Jersey MLS

MLS Number: 1850963

New Jersey MLS

APN: 46-02507-0000-00002