NOT LISTED FOR SALE

Estimated Value: $1,133,000 - $1,503,000

5 Beds
3.5 Baths
1,326 Sq Ft
$992/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $795,000 $600 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,975/month

113 Days on Market

About This Home

As of July 2022

Amazing opportunity to obtain a multi-unit property in the privacy of Saddle River, NJ. The property holds 2 houses, the main house features 3 bedrooms, 2.5 bathrooms, a living room, dining room, 2 car garage and a large patio. The second house currently rented, includes 2 bedrooms, 1 bathroom, a living room, dining area and a 1 car garage along with a large patio. The property features a long Belgium Block Asphalt driveway which splits providing privacy to both houses. Surrounded by multi million-dollar homes, the 2.6 acre property is sprawling with beautiful foliage providing shade and country living still only within approx 35 minutes to NYC. Market rents for both houses are approximately $3,000 and $2,300 respectively. The main house needs some TLC but the cottage house has had many recent interior upgrades within the last 2 years. Approximate lot dimensions are 213x450. House is in a 100-year Floodway, water did get in the houses this past Hurricane.

Last Listed By

Mitchell Massaro

New and Modern Group Listed on: 11/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,668

Year Built

  • 1930

Lot Details

  • 2.6 Acre Lot
  • Lot Dimensions are 213x450

Parking

  • 3 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00010 / 01401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,668

Year Built

1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 973-994-9009
  • MLS Status: Sold - Sold
  • Directions: E Allendale to E Saddle River
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Dimensions: 213x450
  • Lot Size Sq Ft: 113256.0

Tax Info

  • Tax Annual Amount: 7668.0
  • Tax Block: 01401
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jul 5, 2022
Sold by
Daniel Wong
Bought by
181 Saddle River Llc
Seller's Agent
Mitchell Massaro
New and Modern Group
Buyer's Agent
Tammy Roberts
Terrie O'Connor Realtors-Ridgewood
List Price
$999,000
Sold Price
$795,000
Premium/Discount to List
-$204,000
-20.42%
Total Days on Market
113
Current Estimated Value
$1,315,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,728
Avg. Annual Appreciation
19.41%

Purchase Details

Closed on
Mar 25, 2010
Sold by
Kovatch Pauline
Bought by
Two Seventy Seven Investments Llc

Purchase Details

Closed on
Nov 13, 2007
Sold by
Cocoziello Alex and Cocoziello Sussan
Bought by
Wong Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.48%
Mortgage Type
New Conventional

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
181 Saddle River Llc $795,000 Old Republic Title
Two Seventy Seven Investments Llc $520,000 --
Wong Daniel $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Daniel $125,000
Previous Owner Wong Daniel $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $795,000 0.0% $600 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/04/2022 02/04/22 Off Market $795,000 -- --
11/04/2021 11/04/21 For Sale $999,000 -- $753 / 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 $8,164 $799,600 $760,000 $39,600
2023 $7,948 $799,600 $760,000 $39,600
2022 $7,948 $799,600 $760,000 $39,600
2021 $7,876 $799,600 $760,000 $39,600
2020 $7,668 $799,600 $760,000 $39,600
2019 $7,364 $799,600 $760,000 $39,600
2018 $7,244 $799,600 $760,000 $39,600
2017 $8,307 $820,000 $727,700 $92,300
2016 $8,356 $820,000 $727,700 $92,300
2015 $8,093 $820,000 $727,700 $92,300
2014 $8,011 $820,000 $727,700 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21043813

New Jersey MLS

APN: 58-01401-0000-00010