NOT LISTED FOR SALE

281 Morningside Terrace Teaneck, NJ 07666

Estimated Value: $710,000 - $875,000

5 Beds
3 Baths
2,313 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $535,000 $231 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,722/month

32 Days on Market

About This Home

As of October 2019

One of a kind legal two family with lots of charm and character. First level has been completely redone, has three large bedrooms, a brand new kitchen with white shaker cabinetry, stainless stainless steel appliances and granite countertops. Huge living and dining areas, as well as a completely remodeled full bathroom. Upper level is currently tenant occupied and is income producing, all set on a huge lot with stunning front and backyards. Call this place home today.

Last Listed By

Mayer Stroh

Keller Williams Realty Monmouth/Ocean License #1541406 Listed on: 07/18/2019

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,552

Year Built

  • Built in 1936

Lot Details

  • 8,102

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Adamsville Elementary School
  • Adelphia Middle School
  • Allentown High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 54 x 150

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 60-03214-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,552

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1936
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 54 x 150
  • Location Middle School: Adelphia
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Adelphia

Lot Info

  • Lot Dimensions: 54 x 150
  • Parcel #: 60-03214-0000-00002

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 206000.0

MLS Schools

  • Elementary School: Adamsville
  • High School: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 16, 2019
Sold by
Allied Auto Realty Llc
Bought by
Loarte Edwin R
Seller's Agent
Mayer Stroh
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$535,000
Total Days on Market
32
Current Estimated Value
$805,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,612
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
May 8, 2017
Sold by
Saudino Michael
Bought by
Allied Auto Realty Llc

Purchase Details

Closed on
Sep 24, 2004

Purchase Details

Closed on
Oct 26, 2001
Sold by
Leblanc Monique M
Bought by
Magbag Maria V and Magbag Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,705
Interest Rate
6.67%
Mortgage Type
FHA

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
Loarte Edwin R $532,500 Misc Company
Allied Auto Realty Llc -- None Available
-- -- --
Magbag Maria V $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magbag Maria V $250,705
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $535,000 +0.5% $231 / Sq Ft
10/18/2019 10/18/19 Sold $532,500 0.0% $230 / Sq Ft
04/14/2019 04/14/19 Off Market $532,500 -- --
03/14/2019 03/14/19 For Sale $499,000 -- $216 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $14,552 $654,800 $309,400 $345,400
2023 $14,265 $440,700 $203,100 $237,600
2022 $14,265 $440,700 $203,100 $237,600
2021 $14,349 $440,700 $203,100 $237,600
2020 $13,230 $409,100 $203,100 $206,000
2019 $13,079 $409,100 $203,100 $206,000
2018 $12,981 $409,100 $203,100 $206,000
2017 $12,858 $409,100 $203,100 $206,000
2016 $12,666 $409,100 $203,100 $206,000
2015 $12,465 $409,100 $203,100 $206,000
2014 $14,025 $545,500 $254,700 $290,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21929742

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 60-03214-0000-00002