NOT LISTED FOR SALE

242 Franklin Ave Hasbrouck Heights, NJ 07604

Estimated Value: $654,000 - $749,000

4 Beds
2 Baths
1,508 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $560,000 $371 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,161/month

47 Days on Market

About This Home

As of December 2022

Welcome to this Two family home in Hasbrouck Heights with an open front porch. Each unit has two bedrooms and one full bath, eat in kitchen and living room. Finished attic. Conveniently located just minutes from schools, parks and playgrounds, major highways and NYC transportation. Sold in "as is " condition with buyers responsible for all repairs and city certifications. First floor will be delivered vacant at closing.

Last Agent to Sell the Property

Davis Charles

ERA/Reed Realty, Inc. Listed on: 10/07/2022

ERA/Reed Realty, Inc.

Last Buyer's Agent

Tiffany Leape

Blueline Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,199

Lot Details

  • 5,249 Sq Ft Lot
  • Lot Dimensions are 50x105

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00029 / 00043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,199

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (908) 769-0011
  • MLS Status: Sold - Sold
  • Directions: google maps
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Dimensions: 50x105
  • Lot Size Sq Ft: 5249.0

Tax Info

  • Tax Annual Amount: 13199.0
  • Tax Block: 00043
  • Tax Lot: 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 15, 2022
Sold by
Simon Diedre
Bought by
Gonzalez Eduardo and Cabral Josefina
Seller's Agent
Davis Charles
ERA/Reed Realty, Inc.
Buyer's Agent
Tiffany Leape
Blueline Realty Group LLC
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Views
26
Current Estimated Value
$716,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,934
Avg. Annual Appreciation
10.39%
Original Mortgage
$448,000
Outstanding Balance
$435,768
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$281,166

Purchase Details

Closed on
Jul 19, 2005
Sold by
Bassill Elias
Bought by
Seivright Shanae

Purchase Details

Closed on
Jun 17, 2004
Sold by
Mackenzie Alice
Bought by
Bassil Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.25%
Source: Public Records

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Range of Values:

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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
Gonzalez Eduardo $560,000 Wfg National Title
Seivright Shanae $505,000 --
Bassil Elias $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Eduardo $448,000
Previous Owner Simon Deirdre $396,500
Previous Owner Bassil Elias $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $560,000 +1.8% $371 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $550,000 -6.0% $365 / Sq Ft
10/07/2022 10/07/22 For Sale $585,000 0.0% $388 / Sq Ft
05/26/2018 05/26/18 Rented $1,850 +2.8% --
05/26/2018 05/26/18 For Rent $1,800 -- --
Source: New Jersey 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 $14,009 $559,400 $226,200 $333,200
2023 $13,635 $543,600 $216,200 $327,400
2022 $13,635 $506,500 $196,200 $310,300
2021 $13,199 $467,400 $183,700 $283,700
2020 $12,059 $419,300 $173,700 $245,600
2019 $11,716 $411,800 $171,200 $240,600
2018 $11,528 $404,200 $168,700 $235,500
2017 $11,330 $396,700 $166,200 $230,500
2016 $11,378 $374,900 $156,200 $218,700
2015 $11,195 $374,900 $156,200 $218,700
2014 $10,887 $374,900 $156,200 $218,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22036738

New Jersey MLS

APN: 25-00043-0000-00029