NOT LISTED FOR SALE

261 Addison Place Paramus, NJ 07652

Estimated Value: $1,800,540 - $2,507,000

5 Beds
4 Baths
5,505 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $1,191,000 $216 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $13,212/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Fireplace
  • Paramus High School Rated A-
  • Property is near a park
  • Attached Garage

About This Home

As of December 2018

This customized home features over 5,000 sf of luxury, designed for comfort while offering extraordinary space for entertaining! 5 large bedrooms, 4.5 bathrooms, elegant molding & trim throughout, extravagant tile, marvelous chef kitchen, & jaw-dropping fin basement! The 1st fl features a formal living rm, large dining rm,butler station,playroom/office, open kitchen that has 2 sub zero refrigerators, oversized island, DCS range, timeless granite & large eating-nook. The magazine style kitchen opens up to a large, but comfortable family room with a cozy fireplace.The 1st fl also has a mudroom off the 2 car garage with ample custom closets and spacious powder room. The 2nd fl features hardwood floors 2 large bedrooms with a Jack and Jill bathroom, a vast guest suite that is 2 complete bedrooms (tandem) w/ full bath & master suite that has a large custom walk-in closet, beautiful spa like master bath. The fin basement has a gym, full kitchen, bar,wine cellar & full bath.

Last Agent to Sell the Property

Christopher Pillari

Boutique Realty, LLC Listed on: 09/15/2018

Last Buyer's Agent

Tony Nabhan

Keller Williams City Views Realty

Keller Williams City Views Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,831

Lot Details

  • 0.37 Acre Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 024603810 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,831

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Central Vac, Security, Sprinklers, Deck / Patio
  • Views/Exposure: None
  • Year Built: 2000's, New Construction-New Foundation
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 11
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Basement: Used as a theatre/gym, storage, kitchen, bar, wine cellar, full bath
  • Items Not Included: All personal property
  • Items Included: All attached fixtures and appliances

Exterior Features

  • Exterior: Other, Stone
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 2 Car

Utilities

  • Heating: Baseboard, Gas, Radiant, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Memorial E.S.
  • Middle School: East Brook M.S.
  • High School: Paramus H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00014
  • Lot Description: Regular
  • Lot Dimensions: 75X215 6.4LT
  • Estimated Lot Sq Ft: 16126

Tax Info

  • Tax: 19831
  • Assessor Parcel Number: 024603810 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2019
Sold by
261 Addison Place Llc
Bought by
Katz Stuart
Current Estimated Value
$2,046,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,331,989
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$714,146

Purchase Details

Closed on
Aug 7, 2008
Sold by
Ciambrone Joseph
Bought by
Ciambrone Joseph and Ciambrone Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2007
Sold by
Cordasco Eileen
Bought by
Ciambrone Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Katz Stuart -- --
Ciambrone Joseph -- --
Ciambrone Joseph A $577,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaz Stuarat $1,500,000
Previous Owner Ciambrone Cathy $345,000
Previous Owner Ciambrone Joseph $855,000
Previous Owner Ciambrone Cathy $125,000
Previous Owner Ciambrone Joseph $990,000
Previous Owner Ciambrone Joseph A $936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $1,191,000 -8.3% $216 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $1,299,000 -- $236 / 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
2024 $22,281 $1,508,400 $373,200 $1,135,200
2023 $21,210 $1,452,500 $357,300 $1,095,200
2022 $21,210 $1,366,600 $335,100 $1,031,500
2021 $20,700 $1,251,500 $302,000 $949,500
2020 $19,682 $1,234,000 $297,000 $937,000
2019 $20,436 $1,101,100 $293,200 $807,900
2018 $20,183 $1,101,100 $293,200 $807,900
2017 $19,831 $1,101,100 $293,200 $807,900
2016 $19,291 $1,101,100 $293,200 $807,900
2015 $19,093 $1,101,100 $293,200 $807,900
2014 $18,928 $1,101,100 $293,200 $807,900
Source: Public Records

Agents Affiliated with this Home

  • Christopher Pillari

    Seller's Agent in 2018

    Christopher Pillari

    Boutique Realty, LLC

    (201) 668-2848

    1 in this area

    88 Total Sales

    Christopher Pillari
    Section Image
  • Tony Nabhan

    Buyer's Agent in 2018

    Tony Nabhan

    Keller Williams City Views Realty

    (973) 271-1044

    35 in this area

    290 Total Sales

    Tony Nabhan
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 1838579

New Jersey MLS

APN: 46-03810-0000-00014

New Jersey Bergen County Paramus 07652

261 Addison Place, Paramus, NJ

This home is located at 261 Addison Place, Paramus, NJ 07652 since 15 September 2018 and is currently estimated at $2,046,135, approximately $371 per square foot. 261 Addison Place is a home located in Bergen County with nearby schools including Paramus High School, Visitation Academy, and Yavneh Academy.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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