NOT LISTED FOR SALE

342 Semel Ave Garfield, NJ 07026

Estimated Value: $504,829 - $630,000

2 Beds
2 Baths
1,404 Sq Ft
$390/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $395,500 $282 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,500/month

14 Days on Market

About This Home

As of December 2021

Perfectly Situated Two-Family Home on Oversized Lot with Great Investment Opportunity! Very Low Taxes and Close to Transportation, Shops, Restaurants and more! Both units move-in ready with either tenant wanting to stay. Separate electric meters and laundry hookups for each unit in the basement. Fenced-in Backyard and Off-Street Parking for up to 4 cars! Low Priced and very ideal for the first time homebuyer or investor! Great Price for Bergen County Investment!!!

Last Agent to Sell the Property

Merna Testino

Keller Williams Town Life Listed on: 08/12/2021

Keller Williams Town Life

Last Buyer's Agent

Merna Testino

Keller Williams Town Life Listed on: 08/12/2021

Keller Williams Town Life

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,362

Lot Details

  • 3,868

Home Design

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 3,868 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00008 / 00170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,362

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: 201-894-8004
  • MLS Status: Sold - Sold
  • Directions: Midland Ave. to Semel Ave.
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 3868.0

Tax Info

  • Tax Annual Amount: 6362.0
  • Tax Block: 00170
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Dec 9, 2021
Sold by
Lopez Henry A and Lopez Hipatia D
Bought by
Guardia Peter J and Sihuay Rocio Carolina
Seller's Agent
Merna Testino
Keller Williams Town Life
Buyer's Agent
Merna Testino
Keller Williams Town Life
List Price
$375,000
Sold Price
$395,500
Premium/Discount to List
$20,500
5.47%
Current Estimated Value
$530,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,673
Avg. Annual Appreciation
8.34%
Original Mortgage
$360,477
Outstanding Balance
$334,968
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$195,205

Purchase Details

Closed on
May 7, 2018
Sold by
Apunte Hipatia D and Lopez Henry A
Bought by
Lopez Hipatia D and Lopez Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,300
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Apunte Hipatia D
Bought by
Apunte Hipatia D and Lopez Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,909
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2000
Sold by
Popadich Joseph
Bought by
Apunte Hipatia D and Lopez Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,362
Interest Rate
8.14%
Mortgage Type
FHA
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
Guardia Peter J $395,500 Stewart Title Company
Lopez Hipatia D -- --
Apunte Hipatia D -- --
Apunte Hipatia D $175,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guardia Peter J $360,477
Previous Owner Lopez Hipatia D $153,000
Previous Owner Lopez Hipatia D $149,300
Previous Owner Apunte Hipatia D $169,909
Previous Owner Apunte Hipatia D $174,362
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $395,500 +5.5% $282 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $375,000 -- $267 / 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 $7,168 $214,800 $113,000 $101,800
2024 $7,048 $214,800 $113,000 $101,800
2023 $6,700 $214,800 $113,000 $101,800
2022 $6,700 $214,800 $113,000 $101,800
2021 $6,504 $214,800 $113,000 $101,800
2020 $6,362 $214,800 $113,000 $101,800
2019 $6,242 $214,800 $113,000 $101,800
2018 $6,102 $214,800 $113,000 $101,800
2017 $5,995 $214,800 $113,000 $101,800
2016 $5,817 $214,800 $113,000 $101,800
2015 $5,673 $214,800 $113,000 $101,800
2014 $5,523 $214,800 $113,000 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21033005

New Jersey MLS

APN: 21-00170-04-00008