NOT LISTED FOR SALE

255 Adams Ave River Edge, NJ 07661

Estimated Value: $936,000 - $1,518,000

4 Beds
5 Baths
1,917 Sq Ft
$600/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,350,000 $704 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $7,213/month

8 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Roosevelt Elementary School Rated A
  • Central Air
  • 3-minute walk to Veterans Memorial Park

About This Home

As of August 2024

WELCOME TO LUXURY LIVING IN THE HEART OF RIVER EDGE. EXQUISITE UNDER CONSTRUCTION COLONIAL CRAFTED BY A WELL-KNOWN LOCAL BUILDER. OFFERS QUALITY, SOPHISTICATION AND IS DESIGNED FOR THE MODERN FAMILY SEEKING ELEGANCE, CONVENIENCE AND COMFORT. EFFORTLESS LIVING AND ENTERTAINING WITH OPEN CONCEPT LIVING & DINING RMS, CHEF'S DELIGHT KITCHEN W/ TOP OF THE LINE APPLIANCES, CUSTOM CABINETRY, CENTER ISLAND,AND ADJACENT FAMILY ROOM. EXTENSIVE MOLDINGS, COFFERED CEILINGS AND BOASTS 9FT CEILINGS ON THE 1ST AND 2ND FLOORS. UNWIND IN YOUR LUXURIOUS PRIMARY SUITE COMPLETE W/FIREPLACE, WALK-IN CLOSET, SPA LIKE BATH; THE 2ND LEVEL ALSO OFFERS A JR SUITE W/BATH AND 2 ADDITIONAL LARGE BRS WITH JACK/JILL BATH AND LAUNDRY ROOM. ADDITIONAL SPACE IN FULL FINISHED BASEMENT COMPLETE WITH POWDER RM, SPACE FOR OFFICE, PLAY ROOM AND MORE. HARDY PLANK EXTERIOR, 2 FIREPLACES, MULTI ZONE HEAT AND AC, FENCED YARD AND SO MUCH MORE. STILL TIME TO PICK FLOOR STAIN AND PAINT COLOR. END OF JULY COMPLETION DATE.

Last Agent to Sell the Property

Suzanne Flaum

Keller Williams Valley Realty Listed on: 05/16/2024

Keller Williams Valley Realty

Last Buyer's Agent

Twyla Minor

Coldwell Banker, Upper Montclair

Coldwell Banker, Upper Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,054

Lot Details

  • 5,998 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00005 / 00506

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,054

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (201) 391-2500
  • MLS Status: Sold - Sold
  • Directions: Elm or 5th Ave to Adams
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: New Const-Existing Fdn,New Const-New Fdn
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Full, Finished, Family Room, Office, Powder RM, Utilities

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Washer/Dryer
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Zoned

Lot Info

  • Lot Size Sq Ft: 5998.0

Tax Info

  • Tax Block: 00506
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 29, 2024
Sold by
Nj North Properties Ii Llc
Bought by
Kavita Phulra and Kavita Mahesh Kommanuru
Seller's Agent
Suzanne Flaum
Keller Williams Valley Realty
Buyer's Agent
Twyla Minor
Coldwell Banker, Upper Montclair
List Price
$1,300,000
Sold Price
$1,350,000
Premium/Discount to List
$50,000
3.85%
Views
174
Current Estimated Value
$1,149,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,753
Avg. Annual Appreciation
-14.60%
Original Mortgage
$1,012,500
Outstanding Balance
$1,005,657
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$143,590

Purchase Details

Closed on
Apr 10, 2024
Sold by
Faustini Faust R and Lubow Wendi
Bought by
Nj North Properties Ii Llc
Source: Public Records

Range of Values:

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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
Kavita Phulra $1,350,000 Heritage Abstract
Nj North Properties Ii Llc $545,000 Imperium Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavita Phulra $1,012,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,350,000 +3.8% $704 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,300,000 -- $678 / Sq Ft
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
2025 $11,054 $1,227,000 $318,000 $909,000
2024 $10,778 $278,800 $176,000 $102,800
2023 $10,066 $278,800 $176,000 $102,800
2022 $10,316 $278,800 $176,000 $102,800
2021 $9,043 $278,800 $176,000 $102,800
2020 $9,953 $278,800 $176,000 $102,800
2019 $9,669 $278,800 $176,000 $102,800
2018 $9,465 $278,800 $176,000 $102,800
2017 $9,373 $278,800 $176,000 $102,800
2016 $9,161 $278,800 $176,000 $102,800
2015 $8,719 $278,800 $176,000 $102,800
2014 $8,736 $278,800 $176,000 $102,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24015313

New Jersey MLS

APN: 52-00506-0000-00005