NOT LISTED FOR SALE

197 Norman Way Paramus, NJ 07652

Estimated Value: $1,753,000 - $2,192,000

6 Beds
5.5 Baths
1,657 Sq Ft
$1,196/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $2,025,000 $1,222 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,367/month

36 Days on Market

Highlights

  • New Construction
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Paramus High School Rated A-
  • Central Air

About This Home

As of December 2024

BRAND NEW! With impressive accented stucco and Azek exterior, this gracious ctr hall colonial exudes modern elegance. The artistic front door opens to soaring foyer framed with transom window above. The 1st level has a formal living rm, dining room w accent wall & butler/beverage bar leading to a chef-inspired kitchen. The heart of the home has crisp white cabinetry, contrast hue island w/ seating, high-end appliances, and a dedicated pantry. Also 1st floor generous guest suite, powder rm and fitted mudroom. Upstairs a stunning primary suite w/ a coffered ceiling, amazing walk-in dressing closet and spa-like bathroom, a Jr suite w/FB & 2 more large BRs & FB. Finished lower level w/ gym, theatre rm, bedroom & bathroom and rec rm. Prime location near Van Saun County Park, schools, shopping & commuting. Low taxes, great schools! SOON TO BE COMPLETED

Last Agent to Sell the Property

Joanne Curcio

RE/MAX Real Estate Limited Listed on: 06/24/2024

RE/MAX Real Estate Limited

Last Buyer's Agent

Orly Chen

RE/MAX Properties Plus

RE/MAX Properties Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,693

Lot Details

  • 9,374 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House

Schools

  • Memorial Elementary School
  • Eastbrook Middle School
  • Paramus High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 02708

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,693

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-599-1100
  • Outside Inclusions: KITCHEN APPLIANCES
  • MLS Status: Sold - Sold
  • Directions: Forest Ave to Norman Way
  • Reso Fireplace Features: 1 Fireplace, None
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Schools

  • Elementary School: MEMORIAL
  • High School: PARAMUS HIGH SCHOOL
  • Middle Or Junior School: EASTBROOK
  • Elementary: MEMORIAL

Lot Info

  • Lot Size Sq Ft: 9374.0

Tax Info

  • Tax Block: 02708
  • Tax Lot: 00012

MLS Schools

  • High School Text: PARAMUS HIGH SCHOOL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Dec 3, 2024
Sold by
197 Norman Llc
Bought by
Mody Niv
Seller's Agent
Joanne Curcio
RE/MAX Real Estate Limited
Buyer's Agent
Orly Chen
RE/MAX Properties Plus
List Price
$2,099,000
Sold Price
$2,025,000
Premium/Discount to List
-$74,000
-3.53%
Views
43
Current Estimated Value
$1,981,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,144
Avg. Annual Appreciation
-2.79%
Original Mortgage
$350,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2023
Sold by
Patel Dave and Patel Manjula
Bought by
197 Norman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2014
Closed on
Nov 14, 2014
Sold by
Molfetas Peter and Molfetas Maria
Bought by
Patel Dave and Patel Manjula
Seller's Agent
ROCIO HERNANDEZ
COLDWELL BANKER REALTY RDG
Buyer's Agent
Gohar Gregoryan
CHRISTIE'S INT. REAL ESTATE GROUP
Sold Price
$516,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%

Purchase Details

Closed on
Sep 27, 1994
Sold by
Smith Joan
Bought by
Molfetas Peter and Molfetas Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
8.49%
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
Mody Niv $2,025,000 Main Street Title
Niv Mody $2,025,000 Main Street Title
197 Norman Llc $690,000 Westcor Land Title
197 Norman Llc $690,000 Westcor Land Title
Patel Dave $516,500 None Available
Molfetas Peter $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niv Mody $350,000
Previous Owner 197 Norman Llc $1,181,000
Previous Owner Patel Dave $400,000
Previous Owner Molfetas Peter $408,000
Previous Owner Molfetas Peter $381,400
Previous Owner Molfetas Peter $377,400
Previous Owner Molfetas Peter $219,000
Previous Owner Molfetas Peter $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $2,025,000 -3.5% $1,222 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $2,099,000 +306.4% $1,267 / Sq Ft
11/21/2014 11/21/14 Sold $516,500 -- $312 / 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 $9,693 $2,028,500 $367,000 $1,661,500
2024 $8,577 $640,200 $340,200 $300,000
2023 $8,145 $559,100 $323,000 $236,100
2022 $8,145 $524,800 $302,300 $222,500
2021 $7,989 $483,000 $278,000 $205,000
2020 $7,343 $460,400 $258,000 $202,400
2019 $6,830 $368,000 $220,000 $148,000
2018 $6,536 $356,600 $220,000 $136,600
2017 $6,422 $356,600 $220,000 $136,600
2016 $6,176 $352,500 $220,000 $132,500
2015 $6,112 $352,500 $220,000 $132,500
2014 $6,059 $352,500 $220,000 $132,500
Source: Public Records

Agents Affiliated with this Home

  • Joanne Curcio

    Seller's Agent in 2024

    Joanne Curcio

    RE/MAX

    (201) 220-8161

    21 in this area

    63 Total Sales

    Joanne Curcio
    Section Image
  • Orly Chen

    Buyer's Agent in 2024

    Orly Chen

    RE/MAX

    (480) 200-5994

    2 in this area

    303 Total Sales

    Orly Chen
    Section Image

  • R

    Seller's Agent in 2014

    ROCIO HERNANDEZ

    COLDWELL BANKER REALTY RDG

  • G

    Buyer's Agent in 2014

    Gohar Gregoryan

    CHRISTIE'S INT. REAL ESTATE GROUP

    (201) 739-9082

    1 in this area

    5 Total Sales

    Gohar Gregoryan
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24020150

New Jersey MLS

APN: 46-02708-0000-00012

New Jersey Bergen County Paramus 07652

197 Norman Way, Paramus, NJ

This home is located at 197 Norman Way, Paramus, NJ 07652 since 24 June 2024 and is currently estimated at $1,981,856, approximately $1,196 per square foot. 197 Norman Way is a home located in Bergen County with nearby schools including Paramus High School, Ben Porat Yosef, and St. Peter Academy.

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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