$940,000
SOLD JAN 10, 2025

316 Spencer Place Paramus, NJ 07652

4 Beds
4 Baths
2,678 Sq Ft
0.3 Acres

Recently Sold

$351 Per Sq Ft

6% Below List Price

33 Days on Market

Highlights

  • In Ground Pool
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Paramus High School Rated A-
  • Central Air
  • 3-minute walk to Reid Park

About This Home

As of June 2025

Unique custom home in great location of Paramus. Very Quite street one of the largest lot of the block, featuring open concept of Living room, dining room, half bath, family room w/ wood burn fireplace, currently used as a game room, opens up to tremendous backyard with a centered in ground pool, there is ground level very spacious kitchen that also give access to the pool. Plus leisure room, half bath, and under ground finished basement with laundry. 2nd floor features 3 bedrooms and a full bathroom, then half flight up there is major primary bedroom with 2 levels, lots of natural light, very spacious bedroom w/ vaulted ceilings, walk in closet, office space, giant primary bathroom w/ tub jet, stall shower and extra room currently used as gym, but it also can be a den, nursery, office. 1 Car garage 4 car driveway. Great school system. Not flood Zone. Low taxes very accessible to NYC. This a functional house, but this SALE is AS IS CONDITION.. no repairs or credit will be provide.

Last Agent to Sell the Property

Ana DeFigueiredo

Serhant New Jersey LLC Listed on: 10/02/2024

Serhant New Jersey LLC

Last Buyer's Agent

Emily Kim

EXP Realty, LLC - Englewood Cliffs

EXP Realty, LLC - Englewood Cliffs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,888

Lot Details

  • 0.3 Acre Lot
  • 75 Ft Wide Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

  • Parkway Elementary School
  • West Brook Middle School
  • Paramus High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Finished Basement

Listing and Financial Details

  • Legal Lot and Block 00024 / 07113

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,888

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 646-480-7665
  • Outside Inclusions: stove refrigerator washer dryer
  • MLS Status: Sold - Sold
  • Directions: Off Oradell Av to Terrace Dr to Spencer Pl
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: 2story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: FINISHED AS REC ROOM W/ LAUNDRY

Exterior Features

  • Pool Features: In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Other

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air

Schools

  • Elementary School: Parkway E.S.
  • High School: Paramus H.S.
  • Middle Or Junior School: West Brook M.S.
  • Elementary: Parkway E.S.

Lot Info

  • Lot Size Sq Ft: 13086.0

Tax Info

  • Tax Annual Amount: 12888.0
  • Tax Block: 07113
  • Tax Lot: 00024

MLS Schools

  • High School Text: Paramus H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
May 26, 2025
Sold by
Yeo Dong Joon and Um Joo In
Bought by
Xie Jun and Liu Qian
Seller's Agent
Sungmin Lee
Coldwell Banker, Alpine/Closter
Buyer's Agent
Sherry Zhao
Keller Williams City Life Realty, Jersey City
List Price
$1,498,000
Sold Price
$1,553,000
Premium/Discount to List
$55,000
3.67%
Views
87
Current Estimated Value
$1,407,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,955
Avg. Annual Appreciation
-30.62%
Original Mortgage
$1,242,400
Outstanding Balance
$1,238,490
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$168,555

Purchase Details

Listed on
Oct 2, 2024
Closed on
Jan 9, 2025
Sold by
Kilani Joseph
Bought by
Yeo Dong Joon
Seller's Agent
Ana DeFigueiredo
Serhant New Jersey LLC
Buyer's Agent
Emily Kim
EXP Realty, LLC - Englewood Cliffs
List Price
$999,000
Sold Price
$940,000
Premium/Discount to List
-$59,000
-5.91%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
262.31%
Original Mortgage
$658,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Liu Tian Cheng
Bought by
Ilani Joseph and Elfenni Fatima

Purchase Details

Closed on
Nov 27, 1996
Sold by
Nelson Steven and Nelson Catherine
Bought by
Liu Tian Cheng and Lang Pauline Yanyu
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 Type Sale Price Title Company
Deed $1,553,000 Chicago Title Insurance Compan
Deed $1,553,000 Chicago Title Insurance Compan
Deed $940,000 Mundus Title
Deed $715,000 --
Deed $370,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,242,400 New Conventional
Closed $1,242,400 New Conventional
Previous Owner $658,000 New Conventional
Previous Owner $71,000 No Value Available
Previous Owner $141,800 Credit Line Revolving
Previous Owner $450,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Sold $1,553,000 +3.7% $580 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/16/2025 04/16/25 Off Market $1,498,000 -- --
04/03/2025 04/03/25 For Sale $1,498,000 +59.4% $559 / Sq Ft
01/10/2025 01/10/25 Sold $940,000 -5.9% $351 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $999,000 -- $373 / 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 $13,249 $937,900 $393,000 $544,900
2024 $12,889 $875,100 $357,500 $517,600
2023 $12,236 $840,200 $342,100 $498,100
2022 $12,236 $788,400 $320,500 $467,900
2021 $11,985 $724,600 $295,000 $429,600
2020 $11,369 $712,800 $290,000 $422,800
2019 $11,810 $636,300 $288,200 $348,100
2018 $11,663 $636,300 $288,200 $348,100
2017 $11,460 $636,300 $288,200 $348,100
2016 $11,148 $636,300 $288,200 $348,100
2015 $11,033 $636,300 $288,200 $348,100
2014 $10,938 $636,300 $288,200 $348,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24031830

New Jersey MLS

APN: 46-07113-0000-00024