$980,000
SOLD JUL 8, 2025

194 Krone Place Hackensack, NJ 07601

6 Beds
4 Baths
2,906 Sq Ft
0.26 Acres

Recently Sold

$337 Per Sq Ft

9% Above List Price

40 Days on Market

About This Home

As of July 2025

UNIQUE MULTI-FAMILY HOME (4 APARTMENTS ARE RENTED) LARGE PROPERTY AND DETACHED GARAGE ALSO RENTED SEPARATELY, GOOD RESIDENTIAL AREA. NEAR MAJOR HIGHWAYS WALK TO PUBLIC TRANSPORTATION TWO - ONE BEDROOM UNITS AND TWO -2 BEDROOM UNITS ALL UNITS ARE FULLY RENTED AS WELL AS THE GARAGE, LARGE LEMONADE PORCH, OLD WORLD CHARM, PARK LIKE PROPERTY LOCATED IN THE BEAUTIFUL FAIRMOUNT SECTION OF TOWN PLEASE submit "Highest & Best" offers no later than Wednesday , May 21st at 5:00 PM.

Last Agent to Sell the Property

Maria Forsberg-Villon

Prominent Properties Sotheby's International Realty-Alpine Listed on: 05/06/2025

Prominent Properties Sotheby's International Realty-Alpine

Co-Listed By

CESAR VILLON

Prominent Properties Sotheby's International Realty-Alpine

Last Buyer's Agent

Rod Lopez

Compass New Jersey, LLC-Ridgewood

Compass New Jersey, LLC-Ridgewood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,502

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 113x110

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Community Details

  • Maintenance Expense $660

Listing and Financial Details

  • Legal Lot and Block 15 / 568.0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,502

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • Co List Office Mls Id: 480
  • Co List Office Phone: 201-768-9300
  • MLS Status: Sold - Sold
  • Directions: Between Catalpa and Willow
  • Architectural Style: 4 Family
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Mixedflr
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Dimensions: 113x110
  • Lot Size Sq Ft: 11300.0

Multi Family

  • Maintenance Expense: 660.0

Tax Info

  • Tax Annual Amount: 16502.0
  • Tax Block: 568.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2025
Closed on
Jun 26, 2025
Sold by
Preferred Rental Income Properties Llc
Bought by
Olde Krone Llc
Seller's Agent
Maria Forsberg-Villon
Prominent Properties Sotheby's International Realty-Alpine
Buyer's Agent
Rod Lopez
Compass New Jersey, LLC-Ridgewood
List Price
$900,000
Sold Price
$980,000
Premium/Discount to List
$80,000
8.89%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$735,000
Outstanding Balance
$733,765
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$249,566

Purchase Details

Closed on
Aug 20, 2001
Sold by
Preferred Income Properties
Bought by
Preferred Rental Income Proper

Purchase Details

Closed on
Jul 13, 2001

Purchase Details

Closed on
May 25, 1999
Sold by
The Bank Of New York
Bought by
Imperial Credit Industries Inc

Purchase Details

Closed on
Jul 17, 1998
Sold by
Wolf David A and Wolf David
Bought by
The Bank Of New York

Purchase Details

Closed on
May 15, 1995
Sold by
Pembroke Management Co Inc
Bought by
Wolf David and Zarate Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.6%
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 Type Sale Price Title Company
Deed $980,000 Old Republic Title
Deed $980,000 Old Republic Title
Deed $127,514 --
Quit Claim Deed $127,500 --
Quit Claim Deed -- --
Sheriffs Deed -- --
Deed $257,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 New Conventional
Closed $735,000 New Conventional
Previous Owner $232,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold $980,000 +8.9% $337 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $900,000 -- $310 / 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 $16,502 $540,000 $225,700 $314,300
2024 $15,547 $540,000 $225,700 $314,300
2023 $14,363 $540,000 $225,700 $314,300
2022 $14,363 $512,600 $215,900 $296,700
2021 $13,996 $416,800 $181,300 $235,500
2020 $13,792 $416,800 $181,300 $235,500
2019 $13,787 $410,700 $178,900 $231,800
2018 $13,840 $405,500 $175,600 $229,900
2017 $13,640 $399,400 $173,200 $226,200
2016 $12,884 $381,400 $158,900 $222,500
2015 $15,211 $434,600 $187,700 $246,900
2014 $14,437 $434,600 $187,700 $246,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25015160

New Jersey MLS

APN: 23-00568-01-00015