NOT LISTED FOR SALE

237 Haledon Ave Haledon, NJ 07508

Estimated Value: $807,979

Studio
-- Bath
-- Sq Ft
4,182 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $650,000

Est. 24% increase in value since last sale

Current estimated payment $5,696/month

105 Days on Market

About This Home

As of January 2023

Investment or Owner User. This income producing property consists of two rented apartments upstairs and a vacant turnkey bar with liquor license on the ground floor. The property has parking for both tenants and patrons. The asking price includes the class C liquor license. MTM residential tenants immediate cash flow and present a value add opportunity to increase rents with modest improvements and longer lease terms. For investors, the pro forma rent on the ground floor is $22- 25psf psf NNN. This site is located 1 mile from William Paterson University which has over 9,000 registered students. The ground floor bar is turnkey with all beer/ soda lines in place, refrigeration, kitchen, and bar in addition to a basement office and storage area. Terra Cotta roof and brick interior are consistent with a tapas style restaurant/ bar. 7% cap rate in year 2 based on pro forma rents.

Last Agent to Sell the Property

Jonathan Corbiscello

Keller Williams City Views Realty Listed on: 05/24/2022

Keller Williams City Views Realty

Co-Listed By

Shpresa Lita

Keller Williams City Views Realty

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,674

Lot Details

  • 4,182

Home Design

  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$16,674

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 592-8900
  • MLS Status: Sold - Sold
  • Directions: Hamburg Tpk to Pompton Rd (turns into) Haledon Ave.(located on the corner between Haledon Ave & Burhans Ave)
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt

Lot Info

  • Lot: 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Ayme Eduardo
Bought by
237 Haledon Llc
Current Estimated Value
$807,979

Purchase Details

Listed on
May 24, 2022
Closed on
Jan 11, 2023
Sold by
Rizlita Llc
Bought by
Ayme Eduardo
Seller's Agent
Jonathan Corbiscello
Keller Williams City Views Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Dec 5, 2017
Sold by
Haledon R And B Holdings Llc
Bought by
Rizlita Llc

Purchase Details

Closed on
Mar 4, 2014
Sold by
Burhans Real Estate & Investment Corp
Bought by
Haledon R & B Holdings Llc

Purchase Details

Closed on
Mar 23, 2006
Sold by
Rocko Corp
Bought by
Burhans Real Estate & Investme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2003
Sold by
Nikolovski Risto
Bought by
Rocko Corp

Purchase Details

Closed on
Dec 17, 2001
Sold by
Marinkovic Michael
Bought by
Nikolovski Risto
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
237 Haledon Llc -- None Listed On Document
237 Haledon Llc -- None Listed On Document
Ayme Eduardo $590,000 Westcor Land Title
Ayme Eduardo $590,000 Westcor Land Title
Rizlita Llc $279,000 None Available
Haledon R & B Holdings Llc $340,000 None Available
Burhans Real Estate & Investme $284,500 --
Rocko Corp $230,000 --
Nikolovski Risto $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burhans Real Estate & Investme $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $650,000 -5.7% --
09/06/2022 09/06/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $689,000 -- --
Source: New Jersey 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 $17,952 $340,000 $50,400 $289,600
2024 $17,656 $340,000 $50,400 $289,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22018696

New Jersey MLS

APN: 03-00105-0000-00017