NOT LISTED FOR SALE

26 Washington Place Garfield, NJ 07026

Estimated Value: $703,000 - $919,000

3 Beds
3 Baths
2,778 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $600,000 $216 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,085/month

37 Days on Market

About This Home

As of December 2022

Welcome to 26 Washington Place, a great 2 Family opportunity just around the corner from the Train Station w/ easy access to NYC, Hoboken, and Jersey City. Downstairs, the huge open layout makes for a very spacious 2 Bedroom unit with Walk in closets! The basement has been reserved for the current owners but its utilities are technically attached to the 1st floor unit. Returning the basement to the 1st floor unit would bring in even more rent! Upstairs another huge open floorplan dining and living room awaits, complete with sliding glass doors to a private balcony. The huge renovated Kitchen offers tons of space for gatherings and has another set of sliding glass doors leading to the rear facing balcony with access to the backyard. That floor is completed w/ the Master bedroom and HUGE, walk-in, custom closet. The entire 3rd floor is finished living space with 2 rooms plus a large loft. Don't miss out!

Last Agent to Sell the Property

Alex Horton

Coldwell Banker, Ridgewood Listed on: 09/06/2022

Coldwell Banker, Ridgewood

Last Buyer's Agent

Raul De La Cruz

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,587

Lot Details

  • 3,350 Sq Ft Lot
  • Lot Dimensions are 33.5' x 100'

Home Design

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00027 / 00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,587

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 812-2191
  • MLS Status: Sold - Sold
  • Directions: River Dr to Passaic St to Washington Pl
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Remarks: Finished Basement, Utilities, Bath, Storage room

Exterior Features

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

Utilities

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

Lot Info

  • Lot Dimensions: 33.5' x 100'
  • Lot Size Sq Ft: 3350.0

Tax Info

  • Tax Annual Amount: 8587.0
  • Tax Block: 00011
  • Tax Lot: 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 2, 2022
Sold by
Alaerts Erik J and Alaerts Monica B
Bought by
Fanas Marlene and Ventura Julia
Seller's Agent
Alex Horton
Coldwell Banker, Ridgewood
Buyer's Agent
Raul De La Cruz
LPT Realty
List Price
$565,000
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%
Views
2
Current Estimated Value
$788,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,440
Avg. Annual Appreciation
10.16%
Original Mortgage
$589,132
Outstanding Balance
$572,445
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$205,168

Purchase Details

Closed on
Oct 29, 2004
Sold by
Lora Manuel
Bought by
Alaerts Erik and Alaerts Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.71%

Purchase Details

Closed on
May 8, 2000
Sold by
V&R Developers Inc
Bought by
Kang Chulmin and Kang Jeongok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
8.21%

Purchase Details

Closed on
May 5, 2000
Sold by
V&R Developers Inc
Bought by
Gu Zheng and Shao Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
8.21%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Woods Ann and Smith James P
Bought by
Brito Fulvio and Brito Disnalda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
7.38%
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
Fanas Marlene $600,000 Stewart Title
Alaerts Erik $370,000 --
Kang Chulmin $305,000 --
Gu Zheng $304,000 --
Brito Fulvio $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fanas Marlene $589,132
Previous Owner Alaerts Erik J $30,000
Previous Owner Alaerts Monica $368,000
Previous Owner Alaerts Erik $296,000
Previous Owner Kang Chulmin $244,000
Previous Owner Gu Zheng $214,000
Previous Owner Brito Fulvio $18,800
Previous Owner Brito Fulvio $145,000
Previous Owner Brito Fulvio $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $600,000 +6.2% $216 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $565,000 -- $203 / 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 $9,464 $283,600 $85,300 $198,300
2024 $9,305 $283,600 $85,300 $198,300
2023 $8,845 $283,600 $85,300 $198,300
2022 $8,845 $283,600 $85,300 $198,300
2021 $8,587 $283,600 $85,300 $198,300
2020 $8,400 $283,600 $85,300 $198,300
2019 $8,241 $283,600 $85,300 $198,300
2018 $7,941 $279,500 $85,300 $194,200
2017 $7,801 $279,500 $85,300 $194,200
2016 $7,569 $279,500 $85,300 $194,200
2015 $7,382 $279,500 $85,300 $194,200
2014 $7,186 $279,500 $85,300 $194,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22032822

New Jersey MLS

APN: 21-00011-0000-00027