NOT LISTED FOR SALE

198 Central Ave Hawthorne, NJ 07506

Estimated Value: $633,000 - $725,000

2 Beds
2 Baths
1,956 Sq Ft
$348/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $425,000 $217 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,590/month

38 Days on Market

About This Home

As of December 2021

Check out this great investment opportunity! This well maintained and income producing 2 family home is conveniently located in the heart of Hawthorne close by to shopping and transportation. Each unit offers hardwood flooring throughout, a spacious living room, bedroom, kitchen, dining room and full bathroom. Also features a two car detached garage and up to four cars in the driveway. Partially finished basement with lots of potential. Brand new boiler and water tank! 1st floor unit washer/dryer in basement. 2nd unit washer/dryer on the 2nd floor.

Last Agent to Sell the Property

Raji Basha

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 08/16/2021

Coldwell Banker, Wyckoff/Franklin Lakes

Last Buyer's Agent

Maritza Cardona

Coldwell Banker, Fort Lee

Coldwell Banker, Fort Lee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,019

Lot Details

  • 5,502 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 00006 / 00179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,019

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups
  • Co List Office Phone: 201-445-4300
  • MLS Status: Sold - Sold
  • Directions: Lincoln ave to Central 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: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 5502.0

Tax Info

  • Tax Annual Amount: 12019.0
  • Tax Block: 00179
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Dec 20, 2021
Sold by
Valerio Bianco
Bought by
Bonilla Roberly and De Bonilla Dolores
Seller's Agent
Raji Basha
Coldwell Banker, Wyckoff/Franklin Lakes
Buyer's Agent
Maritza Cardona
Coldwell Banker, Fort Lee
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$681,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,019
Avg. Annual Appreciation
12.22%
Original Mortgage
$361,335
Outstanding Balance
$331,751
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$349,268

Purchase Details

Closed on
Feb 26, 2020
Sold by
Toro Gregory J
Bought by
Bianco Valerio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1999
Sold by
Carpentieri Mary F and Cantilina Mary F
Bought by
Toro Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.85%
Source: Public Records
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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
Bonilla Roberly $425,100 First American Title
Bonilla Roberly $425,100 First American Title
Bianco Valerio $375,000 Chicago Title Insurance Co
Toro Gregory $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Roberly $361,335
Closed Bonilla Roberly $361,335
Previous Owner Bianco Valerio $300,000
Previous Owner Toro Gregory $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $425,000 0.0% $217 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $425,000 -- $217 / 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 $12,643 $415,600 $141,500 $274,100
2024 $12,468 $415,600 $141,500 $274,100
2022 $12,260 $415,600 $141,500 $274,100
2021 $12,019 $415,600 $141,500 $274,100
2020 $11,849 $415,600 $141,500 $274,100
2019 $10,651 $178,200 $75,500 $102,700
2018 $10,419 $178,200 $75,500 $102,700
2017 $10,248 $178,200 $75,500 $102,700
2016 $10,106 $178,200 $75,500 $102,700
2015 $9,986 $178,200 $75,500 $102,700
2014 $9,576 $178,200 $75,500 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21033559

New Jersey MLS

APN: 04-00179-0000-00006