NOT LISTED FOR SALE

194 Farnham Ave Lodi, NJ 07644

Estimated Value: $520,000 - $608,000

4 Beds
2 Baths
1,716 Sq Ft
$337/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $494,292 $288 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,728/month

73 Days on Market

About This Home

As of September 2023

Back on market! Welcome to this beautifully maintained and renovated two family property in desirable Lodi with lots to offer! This stacked duplex style brick home has 2 units with separate private entrances, each with 2 bedrooms and 1 bathroom. Enter both to find a great sized eat-in kitchen with good dining space, and new windows! Second floor features a large walk-in hallway closet and new contemporary flooring throughout. Large driveway allows for side by side car parking towards the end and has an ideal oversized 1 car detached garage! Walk out basement entrance is located right by the spacious backyard, has beautiful fruit trees, and is perfect for entertaining! Conveniently located near NJ/NYC commuter train and bus line. Great opportunity to live in and collect rent or as an investment. Separate utilities and heat! Low property taxes! Do not miss this!

Last Agent to Sell the Property

Michael Tiago

Real Listed on: 05/05/2023

Real

Last Buyer's Agent

Andrzej Bigaj

AJ's Parkway Estates LLC

AJ's Parkway Estates LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,507

Lot Details

  • 4,887 Sq Ft Lot
  • Lot Dimensions are 47 x 104

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00026 / 00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,507

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-592-8900
  • MLS Status: Sold - Sold
  • Directions: Turn Left on Frederick from Harrison Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 47 x 104
  • Lot Size Sq Ft: 4887.0

Tax Info

  • Tax Annual Amount: 7507.0
  • Tax Block: 00003
  • Tax Lot: 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Sep 7, 2023
Sold by
194 Farnham Avenue Llc
Bought by
Villa Gervacio and Villa Omar
Seller's Agent
Michael Tiago
Real
Buyer's Agent
Andrzej Bigaj
AJ's Parkway Estates LLC
List Price
$499,900
Sold Price
$494,292
Premium/Discount to List
-$5,608
-1.12%
Views
80
Current Estimated Value
$578,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,698
Avg. Annual Appreciation
8.10%
Original Mortgage
$414,292
Outstanding Balance
$405,505
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$173,485

Purchase Details

Closed on
Nov 30, 2022
Sold by
Buenaventura Inc Jobee Vincent
Bought by
194 Farnham Avenue Llc

Purchase Details

Closed on
Nov 10, 2009
Sold by
Banca Annette and Pellegrino Angelina
Bought by
Dasilva Manuel and Dasilva Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage
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
Villa Gervacio $494,292 Main Street Title
Villa Gervacio $494,292 Main Street Title
194 Farnham Avenue Llc $357,405 Corporate Title
194 Farnham Avenue Llc $357,405 Corporate Title
194 Farnham Avenue Llc $357,405 Corporate Title
194 Farnham Avenue Llc $357,405 Corporate Title
Dasilva Manuel $230,000 --
Dasilva Manuel $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Gervacio $414,292
Previous Owner Buenaventura Jobee Vincent $364,672
Previous Owner Buenaventura Jobee Vincent $316,000
Previous Owner Dasilva Manuel $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $494,292 -1.1% $288 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $499,900 0.0% $291 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $499,900 +1.1% $291 / Sq Ft
05/07/2023 05/07/23 Off Market $494,292 -- --
05/05/2023 05/05/23 For Sale $499,900 0.0% $291 / Sq Ft
04/27/2022 04/27/22 Rented $1,700 0.0% --
04/21/2022 04/21/22 For Rent $1,700 -- --
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 $7,710 $230,000 $159,500 $70,500
2024 $7,535 $230,000 $159,500 $70,500
2023 $7,507 $230,000 $159,500 $70,500
2022 $7,507 $230,000 $159,500 $70,500
2021 $7,602 $230,000 $159,500 $70,500
2020 $7,556 $230,000 $159,500 $70,500
2019 $7,452 $230,000 $159,500 $70,500
2018 $7,466 $230,000 $159,500 $70,500
2017 $7,457 $230,000 $159,500 $70,500
2016 $7,457 $230,000 $159,500 $70,500
2015 $7,367 $230,000 $159,500 $70,500
2014 $7,344 $230,000 $159,500 $70,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Tiago

    Seller's Agent in 2023

    Michael Tiago

    Real

    (201) 281-8997

    2 in this area

    29 Total Sales

    Michael Tiago
    Section Image
  • Andrzej Bigaj

    Buyer's Agent in 2023

    Andrzej Bigaj

    AJ's Parkway Estates LLC

    (973) 951-5959

    1 in this area

    12 Total Sales

    Andrzej Bigaj
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23013417

New Jersey MLS

APN: 31-00003-0000-00026

New Jersey Bergen County Lodi 07644

194 Farnham Ave, Lodi, NJ

This home is located at 194 Farnham Ave, Lodi, NJ 07644 since 05 May 2023 and is currently estimated at $578,990, approximately $337 per square foot. 194 Farnham Ave is a home located in Bergen County with nearby schools including Roosevelt Elementary School, Thomas Jefferson Middle School, and Lodi High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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