NOT LISTED FOR SALE

298 Outwater Ln Garfield, NJ 07026

Estimated Value: $706,000 - $772,000

5 Beds
3 Baths
2,126 Sq Ft
$350/Sq Ft Est. Value

Last Sold May 08, 2025

Last sale price $775,000 $365 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,763/month

116 Days on Market

About This Home

As of May 2025

Welcome to 298 Oatwater Ln, a spacious two-family home ready for you! This property features two generously sized 3-bedroom apartments, each with a full bathroom. The second-floor unit includes a finished attic with a private bathroom. Enjoy the large finished basement and deep extended lot. Each unit has separate utilities and a large driveway. Conveniently located minutes from Plauderville Train Station and the new Columbus Park, making it ideal for commuters. Close to major highways and shopping. Don't miss this great opportunity!

Last Agent to Sell the Property

MARTIN

RE/MAX Lifestyles Listed on: 12/02/2024

Last Buyer's Agent

Tathiana Cespedes

Christie's International Real Estate Group-Paramus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,339

Lot Details

  • 4,391 Sq Ft Lot
  • Lot Dimensions are 33x126

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00038 / 00127

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,339

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-753-3000
  • MLS Status: Sold - Sold
  • Directions: Midland North Left in Outwater Ln
  • 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: 5
  • Basement Remarks: Full Finished

Exterior Features

  • Disclosures: Seller's Agent

Utilities

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

Lot Info

  • Lot Dimensions: 33x126
  • Lot Size Sq Ft: 4391.0

Tax Info

  • Tax Annual Amount: 8339.0
  • Tax Block: 00127
  • Tax Lot: 00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
May 5, 2025
Sold by
Velarde Sybelle A
Bought by
Santos Jaime E and Santos Jonathan F
Seller's Agent
MARTIN
RE/MAX Lifestyles
Buyer's Agent
Tathiana Cespedes
Christie's International Real Estate Group-Paramus
List Price
$749,900
Sold Price
$775,000
Premium/Discount to List
$25,100
3.35%
Views
292
Current Estimated Value
$743,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,900
Avg. Annual Appreciation
-16.07%
Original Mortgage
$727,512
Outstanding Balance
$725,652
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$17,448

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 29, 2019
Sold by
Hsbc Bank Usa Na
Bought by
Velarde Sybelle A
Seller's Agent
Susan Bernier
KELLER WILLIAMS TEAM REALTY
Buyer's Agent
Paola Silva
RE/MAX SELECT
List Price
$346,500
Sold Price
$372,000
Premium/Discount to List
$25,500
7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$443,244
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2017
Sold by
Saudino Michael
Bought by
Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
Dec 30, 2004
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
Santos Jaime E $775,000 Foundation Title
Santos Jaime E $775,000 Foundation Title
Santos Jaime E $775,000 Foundation Title
Santos Jaime E $775,000 Foundation Title
Velarde Sybelle A $372,000 --
Velarde Sybelle A $372,000 --
Deutsche Bk Natl T Co Tr -- --
Hsbc Bank Usa Na -- --
Deutsche Bk Natl T Co Tr -- --
Hsbc Bank Usa Na -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Jaime E $727,512
Closed Santos Jaime E $727,512
Previous Owner Velarde Sybelle A $443,244
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $775,000 +3.3% $365 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/08/2025 03/08/25 Price Changed $749,900 0.0% $353 / Sq Ft
03/08/2025 03/08/25 For Sale $749,900 +7.1% $353 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $699,900 +88.1% $329 / Sq Ft
06/21/2019 06/21/19 Sold $372,000 +7.4% $175 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $346,500 -- $163 / 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 $8,339 $249,900 $108,800 $141,100
2024 $8,199 $249,900 $108,800 $141,100
2023 $7,794 $249,900 $108,800 $141,100
2022 $7,794 $249,900 $108,800 $141,100
2021 $7,567 $249,900 $108,800 $141,100
2020 $7,402 $249,900 $108,800 $141,100
2019 $7,262 $249,900 $108,800 $141,100
2018 $7,100 $249,900 $108,800 $141,100
2017 $6,975 $249,900 $108,800 $141,100
2016 $6,767 $249,900 $108,800 $141,100
2015 $6,600 $249,900 $108,800 $141,100
2014 $6,425 $249,900 $108,800 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24037915

New Jersey MLS

APN: 21-00127-0000-00038