NOT LISTED FOR SALE

2400 5th St Fort Lee, NJ 07024

Estimated Value: $1,611,000 - $1,897,003

6 Beds
4.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $1,625,000

Est. 5% increase in value since last sale

Current estimated payment $11,178/month

56 Days on Market

About This Home

As of August 2023

New construction Great Investment walking distance to schools, shopping, parks and all transportation. This luxury NEW 2 Family Home in Fort Lee, NJ features three bedrooms two full baths in each unit. First Floor unit has a bonus finished basement with access to a large beautifully landscaped backyard. Both units have a nice size decks for entertaining.

Last Agent to Sell the Property

William Broderick

Ridgeco Properties, Inc. Listed on: 06/01/2023

Last Buyer's Agent

Ari Mesmer

RE/MAX SELECT - Fort Lee

RE/MAX SELECT - Fort Lee

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3,798

Parking

  • 2 Car Garage

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Laundry in unit
  • 3,798 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00009 / 07154

Property Details

Home Type

Multi-Family

Lot Details

3,798 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: Hook Ups, In Unit
  • Co List Office Phone: 201-568-4450
  • MLS Status: Sold - Sold
  • Directions: Corner of 5th st and Myrtle ave
  • Architectural Style: 2 Family
  • Year Built Details: New Const-New Fdn
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Basement Remarks: Finished Basement with half bath and access to the backyard

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3798.0

Tax Info

  • Tax Block: 07154
  • Tax Lot: 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 24, 2023
Sold by
Jjr Properties Llc
Bought by
Nasser Daniel and Nasser Akram
Seller's Agent
William Broderick
Ridgeco Properties, Inc.
Buyer's Agent
Ari Mesmer
RE/MAX SELECT - Fort Lee
List Price
$1,799,000
Sold Price
$1,625,000
Premium/Discount to List
-$174,000
-9.67%
Views
211
Current Estimated Value
$1,712,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,501
Avg. Annual Appreciation
2.08%
Original Mortgage
$1,300,000
Outstanding Balance
$1,271,194
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$441,307

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 14, 2022
Sold by
Mary Sarailian
Bought by
Jjr Properties Llc
Seller's Agent
Maria Yuelys
Coldwell Banker, Alpine/Closter
Buyer's Agent
Monica Cisneros
Ridgeco Properties, Inc.
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.00%

Purchase Details

Closed on
Nov 6, 2013
Sold by
Sarailian Peter
Bought by
Sarailian Mary
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
Nasser Daniel $1,625,000 Bridgeview Abstract
Nasser Daniel $1,625,000 Bridgeview Abstract
Jjr Properties Llc $500,000 Westcor Land Title
Sarailian Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasser Daniel $1,300,000
Closed Nasser Daniel $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2023 08/29/23 Sold $1,625,000 -4.4% --
07/27/2023 07/27/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $1,699,000 -5.6% --
06/01/2023 06/01/23 For Sale $1,799,000 +259.8% --
01/14/2022 01/14/22 Sold $500,000 +0.2% -- View Prior Sale
11/24/2021 11/24/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $499,000 -- --
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 $27,220 $1,044,100 $326,000 $718,100
2024 $8,065 $1,044,100 $326,000 $718,100
2023 $8,440 $326,000 $326,000 $0
2022 $8,440 $339,900 $223,000 $116,900
2021 $7,702 $339,900 $223,000 $116,900
2020 $8,188 $339,900 $223,000 $116,900
2019 $7,998 $339,900 $223,000 $116,900
2018 $7,811 $339,900 $223,000 $116,900
2017 $7,723 $339,900 $223,000 $116,900
2016 $7,661 $339,900 $223,000 $116,900
2015 $7,485 $339,900 $223,000 $116,900
2014 $7,345 $339,900 $223,000 $116,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23016426

New Jersey MLS

APN: 19-07154-0000-00009

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