NOT LISTED FOR SALE

Ritz Plaza 344 Prospect Ave Unit 1C Hackensack, NJ 07601

Estimated Value: $337,000 - $395,629

2 Beds
2 Baths
-- Sq Ft
741 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $250,000

Est. 46% increase in value since last sale

Current estimated payment $2,270/month

73 Days on Market

About This Home

As of August 2024

Exclusive Opportunity in Hackensack, New Jersey - Versatile Commercial Space Ready for Conversion! Discover the potential of this expansive 1,654 sq ft unit. Currently set up as a commercial space, this property offers a unique opportunity for transformation into a luxurious residential condo, tailored exactly to your needs. The unit boasts a layout that invites boundless creativity, perfect for designing a modern living space. Note: This is a condo commercial - HOA fees = $1,117 + cable $70 + $110 (2 parking spaces). Board Assoc Fee = $200/$250 (Move in and transfer fees) +2 mo Cap (HOA fee $1297.X 2) + 1 mo reserve (HOA fee)- Plans available on request..

Last Agent to Sell the Property

Kathleen Sheridan

Howard Hanna Rand Realty, Old Tappan Listed on: 05/14/2024

Howard Hanna Rand Realty, Old Tappan

Last Buyer's Agent

Steven Emery

Keller Williams Prosperity Realty

Keller Williams Prosperity Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,552

Lot Details

  • 741

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,552

Lot Details

741 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 666-0007
  • MLS Status: Sold - Sold
  • Directions: Passaic to Prospect
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Midrise
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Laundry: Coin/Card,Floor

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No

Lot Info

  • Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Aug 15, 2024
Sold by
All Majid
Bought by
Kalra Anita
Seller's Agent
Kathleen Sheridan
Howard Hanna Rand Realty, Old Tappan
Buyer's Agent
Steven Emery
Keller Williams Prosperity Realty
List Price
$385,000
Sold Price
$250,000
Premium/Discount to List
-$135,000
-35.06%
Views
124
Current Estimated Value
$365,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,876
Avg. Annual Appreciation
27.45%

Purchase Details

Closed on
Aug 25, 2017
Sold by
Fann Realty Llc
Bought by
Ali Majid

Purchase Details

Closed on
Jul 30, 2012
Sold by
Chander Naresh
Bought by
Fann Realty Llc
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
Kalra Anita $250,000 First American Title
Kalra Anita $250,000 First American Title
Ali Majid $196,000 True North Title
Fann Realty Llc $175,999 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $250,000 -13.8% --
07/26/2024 07/26/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $290,000 -24.7% --
05/14/2024 05/14/24 For Sale $385,000 -- --
Source: New Jersey 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 $12,038 $393,900 $112,500 $281,400
2024 $11,340 $393,900 $112,500 $281,400
2023 $10,552 $393,900 $112,500 $281,400
2022 $10,552 $376,600 $105,000 $271,600
2021 $7,123 $212,200 $90,500 $121,700
2020 $7,022 $212,200 $90,500 $121,700
2019 $6,915 $206,000 $89,000 $117,000
2018 $6,717 $196,800 $86,500 $110,300
2017 $9,067 $265,500 $85,000 $180,500
2016 $10,445 $309,200 $80,000 $229,200
2015 $7,336 $209,600 $94,700 $114,900
2014 $6,963 $209,600 $94,700 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24014754

New Jersey MLS

APN: 23-00341-0000-00012-A-C001C

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