NOT LISTED FOR SALE

225 Colfax Rd Wayne, NJ 07470

Estimated Value: $914,831

10 Acres
$94,507 Price per Acre
421,661 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $845,000

Est. 8% increase in value since last sale

Current estimated payment $5,122/month

48 Days on Market

About This Lot

As of February 2024

This home is located at 225 Colfax Rd, Wayne, NJ 07470 since 27 April 2023 and is currently estimated at $914,831. 225 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.

Last Agent to Sell the Property

EDWARD D STEWART

WEICHERT REALTORS Brokerage Phone: 973-696-6660 Listed on: 04/27/2023

Last Buyer's Agent

LINDA OSWALD

WEICHERT REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $74

Lot Details

  • 9.68 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$74

Lot Details

0

Listing Details

  • County Name: Passaic
  • I D: 5212916
  • Modified: 2025-02-23
  • Attribution Contact: 973-696-6660
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 9.680 AC
  • Total Acres: 9.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Feb 8, 2024
Sold by
Elite Partners Of Nj Vi Llc
Bought by
Ipray House Inc
Seller's Agent
EDWARD D STEWART
WEICHERT REALTORS
Buyer's Agent
LINDA OSWALD
WEICHERT REALTORS
List Price
$849,999
Sold Price
$845,000
Premium/Discount to List
-$4,999
-0.59%
Total Days on Market
48
Views
33
Current Estimated Value
$914,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,831
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Wells Fargo Bank Na
Bought by
Elite Partners Of Nj Vi Llc

Purchase Details

Closed on
Feb 5, 2010
Sold by
Wachovia Bank Na
Bought by
William Letsch Family Trust and Wachovia Bank
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Ipray House Inc $851,000 Chicago Title
Elite Partners Of Nj Vi Llc $765,000 None Available
William Letsch Family Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $845,000 -0.6% --
06/14/2023 06/14/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $849,999 -- --
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
2024 $74 $319,400 $319,400 $0
2022 $74 $1,300 $1,300 $0
2021 $73 $1,300 $1,300 $0
2020 $73 $1,300 $1,300 $0
2019 $72 $1,300 $1,300 $0
2018 $71 $1,300 $1,300 $0
2017 $70 $1,300 $1,300 $0
2016 $69 $1,300 $1,300 $0
2015 $69 $1,300 $1,300 $0
2014 $67 $1,300 $1,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3840472

Garden State MLS

APN: 14-03517-0000-00026-0000-QFARM