NOT LISTED FOR SALE

340 Washington Ave Hackensack, NJ 07601

Estimated Value: $470,000 - $788,000

-- Bed
-- Bath
2,048 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 21, 2016

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

Est. 140% increase in value since last sale

Current estimated payment $4,521/month

10 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • 1 Car Detached Garage

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 Listed By

Joseph Baylis

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

Utilities

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

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

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

0

Parking

1

Listing Details

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

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Street Number Modifier: 340

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

Schools

  • School District: HACKENSACK PUBLIC SCHOOLS
  • School District Key: 300200397486

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
  • Close Date: 12/21/2016

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%
Total Days on Market
10
Current Estimated Value
$627,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,862
Avg. Annual Appreciation
11.05%

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

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
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 Change Sq Ft Price
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 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 $12,276 $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

    100 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

Homes for Sale in Hackensack, NJ

This home is located at 340 Washington Ave, Hackensack, NJ 07601 since 20 October 2016 and is currently estimated at $627,862, approximately $306 per square foot. This property was built in 1917. 340 Washington Ave is a home located in Bergen County with nearby schools including Hackensack High School, George Washington School, and Bogota Middle School.

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