Estimated Value: $934,127 - $1,113,000
--
Bed
--
Bath
2,840
Sq Ft
$351/Sq Ft
Est. Value
About This Home
This home is located at 220 Colfax Rd, Wayne, NJ 07470 and is currently estimated at $996,032, approximately $350 per square foot. 220 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
Jun 30, 1997
Sold by
Palko Allan and Palko Susan
Bought by
Nitto Paul and Nitto Paula
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
$258,000
Outstanding Balance
$38,156
Interest Rate
7.86%
Estimated Equity
$957,876
Purchase Details
Closed on
Feb 10, 1994
Sold by
Belvin Builders
Bought by
Palko Allan and Palko Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
7.08%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nitto Paul | $335,000 | -- | |
| Palko Allan | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nitto Paul | $258,000 | |
| Previous Owner | Palko Allan | $289,000 |
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 | $20,662 | $347,500 | $162,500 | $185,000 |
| 2024 | $19,870 | $347,500 | $162,500 | $185,000 |
| 2022 | $19,648 | $347,500 | $162,500 | $185,000 |
| 2021 | $19,627 | $347,500 | $162,500 | $185,000 |
| 2020 | $19,540 | $347,500 | $162,500 | $185,000 |
| 2019 | $19,161 | $347,500 | $162,500 | $185,000 |
| 2018 | $18,991 | $347,500 | $162,500 | $185,000 |
| 2017 | $18,817 | $347,500 | $162,500 | $185,000 |
| 2016 | $18,553 | $347,500 | $162,500 | $185,000 |
| 2015 | $18,331 | $347,500 | $162,500 | $185,000 |
| 2014 | $17,813 | $347,500 | $162,500 | $185,000 |
Source: Public Records
Map
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