NOT LISTED FOR SALE

347 Forest Ave Paramus, NJ 07652

Estimated Value: $781,000 - $877,586

5 Beds
1.5 Baths
1,760 Sq Ft
$473/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $575,000 $327 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,087/month

11 Days on Market

Highlights

  • Central Air
  • Baseboard Heating
  • Rectangular Lot
  • Paramus High School Rated A-

About This Home

As of November 2021

TALK ABOUT CURB APEAL!! WELCOME TO THIS BEAUTIFULLY RENOVATED 5 BEDROOMS 1.5 BATHROOM RANCH IN THE MOST DESIRABLE TOWN OF PARAMUS! OPEN CONCEPT LAY OUT WITH NEW FLOORS, MODERN WHITE KITCHEN WITH QUARTZ COUNTER TOPS, AND SS APPLIANCES. KITCHEN OPENS INTO A LARGE DINING ROOM WITH A BAY WINDOW AND FAMILY ROOM WITH SLIDING DOORS TO YOUR SPACIOUS BACK YARD WITH A LARGE SHED. PLENTY OF ROOM FOR THE FAMILY AND GUESTS TO PARK INTHE WIDE DRIVE WAY THAT CAN FIT UP TO 5 CARS! CLOSE TO PUBLIC TRANSPORTATION, MINUTES AWAY TO THE BERGEN MALL, VAN SUAN PARK, AND ALL THE GREAT RESTAURANTS AT THE RIVIER SQUARE MALL ! HURRY THIS WILL NOT LAST!

Last Agent to Sell the Property

Anas Dara

Coldwell Banker, Ridgewood Listed on: 10/16/2021

Coldwell Banker, Ridgewood

Last Buyer's Agent

Dalia Yomtobian

Terrie O'Connor Realtors-Ridgewood

Terrie O'Connor Realtors-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,202

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 75x125
  • Rectangular Lot

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Crawl Space

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00012 / 04609

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,202

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 888-501-6953
  • Outside Inclusions: ALL KITCHEN APPLIANCES, WASHER AND DRYER
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: Central Air, Ductless
  • Heating: Baseboard, Natural Gas, Forced Air, Radiant Floor

Lot Info

  • Lot Dimensions: 75X125
  • Lot Size Sq Ft: 9374.0

Tax Info

  • Tax Annual Amount: 6202.0
  • Tax Block: 04609
  • Tax Lot: 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Nov 24, 2021
Sold by
347 Forest Ave Llc
Bought by
Ali Muhammad and Ali Fazeela
Seller's Agent
Anas Dara
Coldwell Banker, Ridgewood
Buyer's Agent
Dalia Yomtobian
Terrie O'Connor Realtors-Ridgewood
List Price
$549,999
Sold Price
$575,000
Premium/Discount to List
$25,001
4.55%
Current Estimated Value
$832,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,897
Avg. Annual Appreciation
9.73%
Original Mortgage
$546,250
Outstanding Balance
$502,002
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$330,895

Purchase Details

Closed on
May 20, 2021
Sold by
Olivares Elizabeth and Pappas Elizabeth
Bought by
347 Forest Ave Llc

Purchase Details

Closed on
Aug 31, 1994
Sold by
Pourat Manoucher
Bought by
Olivares Eddy and Olivares Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ali Muhammad $575,000 Counsellors Title Agency Inc
347 Forest Ave Llc $350,000 Rally Point Title Agency Llc
Olivares Eddy $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Muhammad $546,250
Previous Owner Olivares Eddy $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $575,000 +4.5% $327 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $549,999 -- $312 / 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 $8,416 $601,200 $328,900 $272,300
2024 $8,176 $555,900 $297,900 $258,000
2023 $7,757 $533,000 $285,500 $247,500
2022 $7,757 $499,800 $267,900 $231,900
2021 $6,198 $394,900 $240,600 $154,300
2020 $6,203 $388,900 $236,300 $152,600
2019 $6,555 $353,200 $247,500 $105,700
2018 $6,474 $353,200 $247,500 $105,700
2017 $6,361 $353,200 $247,500 $105,700
2016 $6,188 $353,200 $247,500 $105,700
2015 $6,124 $353,200 $247,500 $105,700
2014 $6,072 $353,200 $247,500 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 21041583

New Jersey MLS

APN: 46-04609-0000-00012