NOT LISTED FOR SALE

Estimated Value: $664,339 - $787,000

4 Beds
2.5 Baths
-- Sq Ft
7,401 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $490,000

Est. 48% increase in value since last sale

Current estimated payment $5,082/month

48 Days on Market

Highlights

  • Property is near a park
  • Cul-De-Sac
  • 5-minute walk to 6th Street Playground
  • Detached Garage

About This Home

As of March 2021

GREAT INVESTMENT OPPORTUNITY! 6% CAP RATE BASED ON CURRENT RENTS! Welcome to Clifton! Own this two-family home is perfect for a first-time investor or a seasoned investor looking to grow their portfolio. This property is well maintained and features hardwood floors throughout, a fully finished basement, a freshly painted deck/patio, and a huge backyard. main level & the basement is a 2Bed/1.5Bath unit. The second level is a 2bed/1bth Unit with a great view of the back yard/patio which has been reinforced with three additional concrete pillars. The basement offers endless possibilities with a wet bar, space for an office, home gym or play room. The property features two gas boilers, two water heaters, and two electric meters. Minutes away from Garden State Parkway for an easy commute. Close to NYC Express transportation, schools, shopping, parks, & local restaurants. Book your showing today!

Last Listed By

John Scipione

EXP Realty, LLC Listed on: 10/28/2020

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,399

Year Built

  • 1946

Lot Details

  • 7,401 Sq Ft Lot
  • Cul-De-Sac

Parking

  • Detached Garage

Home Design

  • Built in the 1940s

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 160200001002200001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,399

Year Built

1946

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Views/Exposure: Sunrise
  • Year Built: 1940's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 12
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Laundry: In Unit
  • Items Not Included: Personal Belonging
  • Items Included: Major Installed Appliances

Exterior Features

  • Waterfront: None
  • Exterior Finish: Other

Garage/Parking

  • Garage: Detached, 1 Car Garage, 2 Car Garage

Utilities

  • Heating: Gas, Hot Water, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks
  • Cooling: Win/AC

Lot Info

  • County Name: PASSAIC
  • Lot: 00001
  • Lot Dimensions: 74 x 100
  • Estimated Lot Sq Ft: 7401
  • Lot Description: Cul-de-sac

Tax Info

  • Tax: 11399
  • Assessor Parcel Number: 160200001002200001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Mar 26, 2021
Sold by
Polizzi Michael F
Bought by
Vengurlekar Kedar K
Seller's Agent
John Scipione
EXP Realty, LLC
Buyer's Agent
Rosa Santos
Global Real Estate
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Total Days on Market
48
Current Estimated Value
$727,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,585
Avg. Annual Appreciation
9.94%
Original Mortgage
$450,000
Outstanding Balance
$408,573
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$319,012

Range of Values:

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Average Value
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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
Vengurlekar Kedar K $500,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vengurlekar Kedar K $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $490,000 -2.0% --
12/15/2020 12/15/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $499,999 +2.0% --
10/30/2020 10/30/20 Off Market $490,000 -- --
10/28/2020 10/28/20 For Sale $499,999 -- --
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 $12,109 $209,000 $80,200 $128,800
2022 $11,934 $209,000 $80,200 $128,800
2021 $11,443 $209,000 $80,200 $128,800
2020 $11,480 $209,000 $80,200 $128,800
2019 $11,399 $209,000 $80,200 $128,800
2018 $11,334 $209,000 $80,200 $128,800
2017 $11,211 $209,000 $80,200 $128,800
2016 $10,993 $209,000 $80,200 $128,800
2015 $10,887 $209,000 $80,200 $128,800
2014 $10,663 $209,000 $80,200 $128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20045589

New Jersey MLS

APN: 02-00001-22-00001