NOT LISTED FOR SALE

2 Jessica Way Wayne, NJ 07470

Estimated Value: $1,034,000

4 Beds
2.5 Baths
2,871 Sq Ft
$360/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $500,000 $174 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,822/month

200 Days on Market

Highlights

  • Custom Home
  • Deck
  • High Ceiling
  • Schuyler-Colfax Middle School Rated A
  • Corner Lot
  • Home Office

About This Home

As of September 2016

Beautiful Contemporary home on corner lot in desirable Black Oak Estates. Features include 2 story Entry Foyer, 2 story Family Room with fireplace, Eat In Kitchen with separate dining area and slider door to over sized deck. Formal Dining Room, Living Room and Office. Second floor offers 4 Bedrooms and 2 full Baths. Master Bedroom has high ceilings and walk-in closet. Full unfinished basement. 2 car garage. Full storage attic over garage.

Last Agent to Sell the Property

Eugene Lowe

HOWARD HANNA RAND REALTY Listed on: 01/11/2016

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,634

Year Built

  • Built in 1980

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Colonial Architecture
  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • High Ceiling
  • Skylights
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Utility Room
  • Carbon Monoxide Detectors
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Outdoor Features

  • Deck

Schools

  • Theunis Dey Elementary School
  • Sch-Colfax Middle School
  • Wayne Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2514-02324-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,634

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Contemporary, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1980
  • County Name: Passaic
  • Street Number Display: 2
  • Directions: Ratzer Road to Bourbon to Jessica Way
  • I D: 4591658
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Black Oak Estates
  • First Name: GENE
  • First Name3: ARLEEN
  • Last Name: LOWE
  • Last Name3: DILLON
  • Office Phone: 973-694-6500
  • Office Phone3: 973-714-8171
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Dishwasher
  • Interior Amenities: High Ceilings, Skylight
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Level 1 Rooms: Family Room, Kitchen, Powder Room, Laundry Room, Foyer, Office, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 4 Or More Bedrooms
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Schools

  • Elementary School: THEUNIS DEY
  • Middle School: SCH-COLFAX
  • High School: WAYNE HILLS
  • High School: WAYNE HILLS
  • Middle Jr High School: SCH-COLFAX

Lot Info

  • Lot Size: .371 AC
  • Assessed Improvement Value: 178500
  • Assessed Land Value: 155800
  • Assessment: 334300
  • Easement: Unknown
  • Lot Description: Corner
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17634
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-02324-0000-00001-0000-
  • Tax Rate Amount: 5.275
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: THEUNIS DEY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Sep 9, 2016
Sold by
Magher Michael P and Magher Martine
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
List Price
$579,000
Sold Price
$500,000
Premium/Discount to List
-$79,000
-13.64%
Current Estimated Value
$1,034,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,000
Avg. Annual Appreciation
6.11%
Original Mortgage
$225,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Robertson James
Bought by
Magher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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Average Value
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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
-- $500,000 Valley National Title Servic
Magher Michael $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $225,000
Previous Owner Magher Michael $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $500,000 -13.6% $174 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $579,000 -- $202 / Sq Ft
Source: Garden State 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 $16,084 $270,500 $155,800 $114,700
2024 $15,467 $270,500 $155,800 $114,700
2022 $15,294 $270,500 $155,800 $114,700
2021 $15,278 $270,500 $155,800 $114,700
2020 $15,210 $270,500 $155,800 $114,700
2019 $14,915 $270,500 $155,800 $114,700
2018 $14,783 $270,500 $155,800 $114,700
2017 $18,102 $334,300 $155,800 $178,500
2016 $17,848 $334,300 $155,800 $178,500
2015 $17,634 $334,300 $155,800 $178,500
2014 $17,136 $334,300 $155,800 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3274967

Garden State MLS

APN: 14-02324-0000-00001