Estimated Value: $931,609 - $1,097,000
Studio
--
Bath
2,872
Sq Ft
$341/Sq Ft
Est. Value
About This Home
This home is located at 196 Colfax Rd, Wayne, NJ 07470 and is currently estimated at $978,902, approximately $340 per square foot. 196 Colfax Rd is a home located in Passaic County with nearby schools including Pines Lake Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2024
Sold by
Babyak Michael A and Babyak Evelyn I
Bought by
Williams Stephen Mark
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$694,495
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$284,407
Purchase Details
Closed on
Sep 28, 1993
Sold by
Berlin Build
Bought by
Babyak Michael and Babyak Evelyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.83%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Stephen Mark | $875,000 | Catic Title | |
| Williams Stephen Mark | $875,000 | Catic Title | |
| Williams Stephen Mark | $875,000 | Catic Title | |
| Babyak Michael | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Stephen Mark | $700,000 | |
| Closed | Williams Stephen Mark | $700,000 | |
| Previous Owner | Babyak Michael | $85,000 |
Source: Public Records
Tax History Compared to Growth
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 | $19,402 | $326,300 | $118,900 | $207,400 |
| 2024 | $18,658 | $326,300 | $118,900 | $207,400 |
Source: Public Records
Map
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