NOT LISTED FOR SALE

2 Railroad Ave Wanaque, NJ 07465

Estimated Value: $1,672,556

Studio
10 Baths
7,200 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,160,000 $161 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,118/month

93 Days on Market

About This Home

As of April 2021

This home is located at 2 Railroad Ave, Wanaque, NJ 07465 since 02 November 2020 and is currently estimated at $1,672,556, approximately $232 per square foot. 2 Railroad Ave is a home located in Passaic County with nearby schools including Lakeland Reg High School and St Marys School.

Last Agent to Sell the Property

TIMOTHY L. WALLER

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-694-8000 Listed on: 11/02/2020

Last Buyer's Agent

TIMOTHY L. WALLER

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-694-8000 Listed on: 11/02/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.41 Acre Lot

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5029252
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Total Acres: 0.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Apr 30, 2021
Sold by
Gallo Rentals Llc
Bought by
Wanaque Sro Llc
Seller's Agent
TIMOTHY L. WALLER
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
TIMOTHY L. WALLER
KELLER WILLIAMS PROSPERITY REALTY
List Price
$1,185,000
Sold Price
$1,160,000
Premium/Discount to List
-$25,000
-2.11%
Current Estimated Value
$1,672,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,556
Avg. Annual Appreciation
7.66%
Original Mortgage
$580,000
Outstanding Balance
$360,203
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,293,140

Purchase Details

Closed on
Aug 15, 2008
Sold by
Gallo Ronald
Bought by
Gallo Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1998
Sold by
Gallo Ronald and Catozzio Vincent
Bought by
Gallo Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wanaque Sro Llc $1,160,000 Belmont Ttl & Setmnt Svcs Ll
Wanaque Sro Llc $1,160,000 Old Republic Title
Gallo Rentals Llc $300,000 --
Gallo Ronald $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanaque Sro Llc $580,000
Closed Wanaque Sro Llc $580,000
Previous Owner Gallo Rentals Llc $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $1,160,000 -2.1% $161 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $1,185,000 -- $165 / Sq Ft
Source: Garden State MLS

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 $29,195 $676,900 $174,800 $502,100
2024 $28,613 $676,900 $174,800 $502,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3675809

Garden State MLS

APN: 13-00236-01-00018