NOT LISTED FOR SALE

340 Washington Ave Hackensack, NJ 07601

Estimated Value: $733,506 - $799,000

Studio
-- Bath
2,048 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $262,000 $128 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $5,069/month

10 Days on Market

Highlights

  • No HOA
  • 1 Car Detached Garage
  • Heating System Uses Gas

About This Home

As of December 2016

Turn key Investment Opportunity. Solid Brick Building with two apartments. Each unit has two Bedrooms and 1 Full Bath. Good Condition. Well kept with Hardwood floors throughout. Nice backyard and detached 1 car Garage with huge Driveway. Both Fully Occupied units with monthly Rental Income of $2,800. Great Location. Sold AS IS. Buyer responsible for C/O and any township required inspections. Blue Chip Investment Opportunity!!!!

Last Agent to Sell the Property

Joseph Baylis

(609) 799-3500 bmosquera@weichertrealtors.net Weichert Realtors-Princeton Junction License #NJ-8439869 Listed on: 10/20/2016

Weichert Realtors-Princeton Junction

Last Buyer's Agent

Joseph Baylis

(609) 799-3500 bmosquera@weichertrealtors.net Weichert Realtors-Princeton Junction License #NJ-8439869 Listed on: 10/20/2016

Weichert Realtors-Princeton Junction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,856

Year Built

  • Built in 1917

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $10,856

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 1123-00027-0001-00018-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,856

Year Built

Built in 1917

Lot Details

5,000 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 10856.00
  • Assessor Parcel Number: 1123-00027-0001-00018-0000
  • Tax Lot: 00018
  • Tax Year: 2015

MLS Schools

  • School District Name: HACKENSACK PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 21, 2016
Sold by
Community Capital 3 Llc
Bought by
340 Washington Ave Llc
Seller's Agent
Joseph Baylis
Weichert Realtors-Princeton Junction
Buyer's Agent
Joseph Baylis
Weichert Realtors-Princeton Junction
List Price
$259,000
Sold Price
$262,000
Premium/Discount to List
$3,000
1.16%
Current Estimated Value
$773,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,127
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Oct 7, 2016
Sold by
Pciii Reo Lc
Bought by
Community Capital 3 Lc

Purchase Details

Closed on
May 18, 2007
Source: Public Records
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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
340 Washington Ave Llc $262,000 River Edge Title Agency
Community Capital 3 Lc $140,000 None Available
-- -- --
Capolupo Rose -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $262,000 +1.2% $128 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $259,000 -- $126 / Sq Ft
Source: Bright MLS

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 $13,031 $426,400 $132,000 $294,400
2024 $12,276 $426,400 $132,000 $294,400
2023 $11,740 $426,400 $132,000 $294,400
2022 $11,740 $419,000 $126,400 $292,600
2021 $11,300 $336,500 $104,200 $232,300
2020 $11,135 $336,500 $104,200 $232,300
2019 $11,128 $331,500 $102,900 $228,600
2018 $11,174 $327,400 $100,600 $226,800
2017 $11,010 $322,400 $99,300 $223,100
2016 $10,617 $314,300 $94,800 $219,500
2015 $11,438 $326,800 $140,000 $186,800
2014 $10,856 $326,800 $140,000 $186,800
Source: Public Records

Agents Affiliated with this Home

  • Joseph Baylis

    Seller's Agent in 2016

    Joseph Baylis

    Weichert Corporate

    (609) 915-9992

    87 Total Sales

    Joseph Baylis
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Map

Source: Bright MLS

MLS Number: 1002481546

Bright MLS

APN: 23-00027-01-00018

New Jersey Bergen County Hackensack 07601

340 Washington Ave, Hackensack, NJ

Not Listed for Sale

MultiFamily

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