NOT LISTED FOR SALE

244 Colfax Rd Wayne, NJ 07470

Estimated Value: $816,246 - $1,073,000

Studio
-- Bath
2,690 Sq Ft
$370/Sq Ft Est. Value

About This Home

This home is located at 244 Colfax Rd, Wayne, NJ 07470 and is currently estimated at $994,062, approximately $369 per square foot. 244 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
Dec 21, 2011
Sold by
Garbera Michael and Fasiska Jean
Bought by
Rakowski Michael K and Rakowski Alicia J
Current Estimated Value
$994,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$355,374
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$638,688

Purchase Details

Closed on
Apr 21, 2005
Sold by
Sendik John A
Bought by
Garbera Michael and Fasiska Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 1994
Sold by
Belvin Builders
Bought by
Sendik John and Sendik Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rakowski Michael K $650,000 --
Garbera Michael $644,900 --
Sendik John $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakowski Michael K $520,000
Previous Owner Garbera Michael $225,000
Previous Owner Sendik John $130,000
Source: Public Records

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
2025 $19,967 $335,800 $143,600 $192,200
2024 $19,201 $335,800 $143,600 $192,200
Source: Public Records

Map

New Jersey Passaic County Wayne 07470

244 Colfax Rd, Wayne, NJ

Not Listed for Sale

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