NOT LISTED FOR SALE

26 Kipp Ave Elmwood Park, NJ 07407

Estimated Value: $614,000 - $797,856

4 Beds
4 Baths
2,592 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $630,000 $243 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,750/month

46 Days on Market

About This Home

As of August 2022

Beautiful 2 family home with two levels in each unit. Unit 1 includes a spacious front porch with a view of the Passaic river. On the first level of unit 1, you will find 2 bedrooms(1 Master), a full bathroom, eat in kitchen and living room. Below this level you will find a finished basement(in-law suite) with it's own private entrance. This suite consists of a living/cooking area as well as a room with a full bathroom attached. Also, on the basement level you will find a utility/ laundry room. Unit 2 includes is located on the 2nd Fl. On the first level of unit 2, you will find 2 bedrooms(1 Master), a full bathroom, eat in kitchen and living room. Above this level you will find a finished attic with a view of the Passaic river. The attic consists of 3 rooms and a full bathroom. Outside you will find a 100ft driveway(1 car width) and a 1 car garage located in the backyard. There is additional space for storage in the garage.

Last Agent to Sell the Property

Raphael Akinsete

Total Realty Resource Listed on: 05/05/2022

Total Realty Resource

Last Buyer's Agent

Barbara Pagella

Coldwell Banker, Wayne

Coldwell Banker, Wayne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,906

Lot Details

  • 4,312

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 4,312 Sq Ft Lot

Community Details

  • Maintenance Expense $2,000

Listing and Financial Details

  • Legal Lot and Block 00011 / 01612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,906

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • Co List Office Phone: (973) 607-2001
  • MLS Status: Sold - Sold
  • Directions: Heading North on River Dr, make a right unto Kipp Ave. Pass dog park on the left. Property is located on the right.
  • Architectural Style: 2 Family
  • Year Built Details: 1940's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Remarks: Finished

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4312.0

Multi Family

  • Maintenance Expense: 2000.0

Tax Info

  • Tax Annual Amount: 9906.0
  • Tax Block: 01612
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 1, 2022
Sold by
Akinsete Raphael M and Akinsete Alisha M
Bought by
Pierro Joseph
Seller's Agent
Raphael Akinsete
Total Realty Resource
Buyer's Agent
Barbara Pagella
Coldwell Banker, Wayne
List Price
$685,000
Sold Price
$630,000
Premium/Discount to List
-$55,000
-8.03%
Current Estimated Value
$736,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,714
Avg. Annual Appreciation
5.03%
Original Mortgage
$618,589
Outstanding Balance
$591,543
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$145,171

Purchase Details

Listed on
Feb 25, 2014
Closed on
Feb 21, 2014
Sold by
Ortega Manuell and Ortega Colleen A
Bought by
Akinsete Raphael and Valdez Alisha M
Seller's Agent
Nancy Pavic
CASA REAL PROPERTY GROUP LLC
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$373,117
Interest Rate
4.39%
Mortgage Type
FHA
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
Pierro Joseph $630,000 Simplicity Title
Pierro Joseph $630,000 Simplicity Title
Akinsete Raphael $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierro Joseph $618,589
Closed Pierro Joseph $618,589
Previous Owner Akinsete Raphael $373,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2022 08/03/22 Sold $630,000 -2.3% $243 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/19/2022 05/19/22 Price Changed $645,000 -5.8% $249 / Sq Ft
05/05/2022 05/05/22 For Sale $685,000 +80.3% $264 / Sq Ft
02/25/2014 02/25/14 Sold $380,000 -- $147 / Sq Ft View Prior Sale
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 $10,128 $330,000 $178,000 $152,000
2024 $9,874 $330,000 $178,000 $152,000
2023 $9,940 $330,000 $178,000 $152,000
2022 $9,940 $330,000 $178,000 $152,000
2021 $9,986 $330,000 $178,000 $152,000
2020 $9,907 $330,000 $178,000 $152,000
2019 $10,452 $354,200 $178,000 $176,200
2018 $10,353 $354,200 $178,000 $176,200
2017 $10,233 $354,200 $178,000 $176,200
2016 $10,020 $354,200 $178,000 $176,200
2015 $9,857 $354,200 $178,000 $176,200
2014 $9,560 $354,200 $178,000 $176,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22015852

New Jersey MLS

APN: 11-01612-0000-00011