NOT LISTED FOR SALE

254 Demarest Ave Closter, NJ 07624

Closter Area

Estimated Value: $855,263

4 Beds
2 Baths
1,711 Sq Ft
$500/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2022

Last sale price $610,000 $357 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,826 / mo

23 Days on Market

About This Home

As of February 2022

Welcome to this stunning two family home located in the heart of Closter. This stunning property sits on a very large 16,550 square foot lot, it has a large backyard, detached 2 car garage, a lot of parking room, & a separate area with a picnic table. The house features two large 2 bed 1 bath units, and a full basement. First floor unit has 2 nice sized bedrooms, a cozy living room, nice kitchen & 1 bathroom. The second floor the apartment is very bright with natural sunlight and also features 2 large bedrooms & a good sized bathroom. Being 20 minutes away from NYC this house is a great opportunity for savvy investors or any family looking to make Closter home.

Last Agent to Sell the Property

Alexander Fayn

Prominent Properties Sotheby's International Realty-Alpine Listed on: 12/07/2021

Prominent Properties Sotheby's International Realty-Alpine

Co-Listed By

Aaron Ram

RE/MAX Real Estate Limited

Last Buyer's Agent

Gabriella D'Alessio

Prominent Properties Sotheby's International Realty-Tenafly

Prominent Properties Sotheby's International Realty-Tenafly
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,529

Lot Details

  • 0.38

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 16,553 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00003 / 00913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,529

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: 201-567-9191
  • 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
  • Basement Remarks: FULL

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: See Remarks, Electricity Connected

Lot Info

  • Lot Size Sq Ft: 16553.0

Tax Info

  • Tax Annual Amount: 10529.0
  • Tax Block: 00913
  • Tax Lot: 00003

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 17, 2022
Sold by
Bought by
Seller's Agent
Alexander Fayn
Prominent Properties Sotheby's International Realty-Alpine
Buyer's Agent
Gabriella D'Alessio
Prominent Properties Sotheby's International Realty-Tenafly
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
$855,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,263
Avg. Annual Appreciation
7.91%
Original Mortgage
$457,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
7.54%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Closter, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$610,000 Realsafe Title
-- --
$255,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $457,500
Previous Owner $319,000
Previous Owner $229,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $610,000 +1.8% $357 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $599,000 -- $350 / Sq Ft
Source: New Jersey MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,615 $719,500 $437,500 $282,000
2025 $12,159 $657,100 $414,700 $242,400
2024 $11,741 $574,600 $344,400 $230,200
2023 $11,182 $547,600 $323,500 $224,100
2022 $11,182 $505,500 $292,100 $213,400
2021 $10,529 $457,000 $278,800 $178,200
2020 $10,333 $461,100 $281,500 $179,600
2019 $10,087 $455,000 $278,100 $176,900
2018 $9,999 $449,200 $275,000 $174,200
2017 $9,689 $424,600 $262,700 $161,900
2016 $9,507 $424,600 $262,700 $161,900
2015 $9,299 $424,600 $262,700 $161,900
2014 $9,040 $424,600 $262,700 $161,900
Source: Public Records

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Map

Source: New Jersey MLS

MLS Number: 21047115

New Jersey MLS

APN: 07-00913-0000-00003

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