NOT LISTED FOR SALE

261 Fairview Ave Prospect Park, NJ 07508

Estimated Value: $472,000 - $592,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 24, 2017

Last sale price $220,000

Est. 150% increase in value since last sale

Current estimated payment $4,150/month

201 Days on Market

About This Home

As of January 2017

This home is located at 261 Fairview Ave, Prospect Park, NJ 07508 since 10 March 2016 and is currently estimated at $550,939. This property was built in 1939. 261 Fairview Ave is a home located in Passaic County with nearby schools including Number 1, Prospect Park Elementary School, Manchester Reg High School, and Gilmore Memorial Christian Academy.

Last Agent to Sell the Property

MARTA ESTRADA

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 201-351-1911 Listed on: 03/10/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,109

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,109

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Year Built: 1939
  • County Name: Passaic
  • Street Number Display: 261
  • I D: 4606688
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 201-351-1911
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 50X100
  • Total Acres: 0.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jan 5, 2017
Sold by
Jiga Carlos
Bought by
Teran Victor E and Medina Katherine M Gutierrez
Seller's Agent
MARTA ESTRADA
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$260,000
Sold Price
$220,000
Premium/Discount to List
-$40,000
-15.38%
Total Days on Market
201
Current Estimated Value
$550,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,939
Avg. Annual Appreciation
11.35%
Original Mortgage
$212,657
Outstanding Balance
$177,866
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$367,195

Purchase Details

Closed on
Apr 30, 2015
Sold by
Jiga Carlos and Jiga Carmen
Bought by
Jiga Carlos

Purchase Details

Closed on
Aug 25, 1994
Sold by
Fieldhouse Maude
Bought by
Jiga Carlos and Jiga Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Teran Victor E $220,000 None Available
Jiga Carlos -- None Available
Jiga Carlos $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teran Victor E $11,480
Open Teran Victor E $212,657
Previous Owner Jiga Carlos $311,375
Previous Owner Jiga Carlos $287,850
Previous Owner Jiga Carlos $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $220,000 -15.4% --
09/27/2016 09/27/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $260,000 -- --
Source: Garden State 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 $13,109 $237,400 $58,700 $178,700
2022 $12,969 $237,400 $58,700 $178,700
2021 $12,822 $237,400 $58,700 $178,700
2020 $12,416 $237,400 $58,700 $178,700
2019 $12,288 $237,400 $58,700 $178,700
2018 $12,167 $237,400 $58,700 $178,700
2017 $11,996 $237,400 $58,700 $178,700
2016 $11,839 $237,400 $58,700 $178,700
2015 $11,196 $237,400 $58,700 $178,700
2014 $9,058 $137,200 $42,500 $94,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MARTA ESTRADA

    KELLER WILLIAMS CITY VIEWS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3288571

Garden State MLS

APN: 10-00009-0000-00016

New Jersey Passaic County Prospect Park 07508

261 Fairview Ave, Prospect Park, NJ

This home is located at 261 Fairview Ave, Prospect Park, NJ 07508 since 10 March 2016 and is currently estimated at $550,939. This property was built in 1939. 261 Fairview Ave is a home located in Passaic County with nearby schools including Number 1, Prospect Park Elementary School, Manchester Reg High School, and Gilmore Memorial Christian Academy.

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