NOT LISTED FOR SALE

351 Central Ave Wayne, NJ 07470

Estimated Value: $497,327 - $525,000

3 Beds
1 Bath
1,365 Sq Ft
$374/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $410,000 $300 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,285/month

39 Days on Market

Highlights

  • Baseboard Heating
  • John F. Kennedy Elementary School Rated A-
  • Rectangular Lot

About This Home

As of January 2023

Opportunity Knocks! Don't miss out on this cozy 3 bedroom home in the heart of Wayne! This lovely, freshly painted home offers an updated kitchen with granite countertops, spacious living room and dining room, office/play room, bedroom and bathroom on the first floor along with 2 additional bedrooms on the 2nd floor. The huge dry basement is great for storage but can easily be finished for added living space. The backyard is huge, so bring on the fun with a firepit and smores to enjoy in your private fenced in yard. Some bonus features are a newer roof, furnace and hot water heater. Best of all this home is close to easy NYC transportation, great restaurants, shops, mall, town pool, parks and most known for an excellent top notch school system!

Last Agent to Sell the Property

Lauren Turano

Coldwell Banker, Wayne Listed on: 11/18/2022

Coldwell Banker, Wayne

Co-Listed By

Neat Camili

Coldwell Banker, Wayne

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,952

Lot Details

  • 7,362 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00060 / 02000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Sunrise, Sunset
  • Co List Office Phone: 973-694-8000
  • MLS Status: Sold - Sold
  • Directions: Ratzer Rd to Hamburg Tpke to Central Ave
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas, Hot Water

Lot Info

  • Lot Size Sq Ft: 7362.0

Tax Info

  • Tax Annual Amount: 6952.0
  • Tax Block: 02000
  • Tax Lot: 00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 18, 2023
Sold by
Pratt Elmer and Pratt Lucy
Bought by
Valencia Luis and Valencia Umberto S
Seller's Agent
Lauren Turano
Coldwell Banker, Wayne
Buyer's Agent
Outside Agent
Outside Office
List Price
$384,900
Sold Price
$410,000
Premium/Discount to List
$25,100
6.52%
Views
170
Current Estimated Value
$510,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,582
Avg. Annual Appreciation
7.78%
Original Mortgage
$402,573
Outstanding Balance
$389,499
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$121,083

Purchase Details

Closed on
Sep 27, 1999
Sold by
Long John P and Long Rosa H
Bought by
Pratt Elmer L and Pratt Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,890
Interest Rate
7.83%

Purchase Details

Closed on
Jan 22, 1997
Sold by
Uren Donald Karen
Bought by
Long John and Long Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.65%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valencia Luis $410,000 Weiss Title
Valencia Luis $410,000 Weiss Title
Pratt Elmer L $156,000 Fidelity National Title Ins
Long John $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Luis $402,573
Closed Valencia Luis $402,573
Previous Owner Pratt Elmer L $155,890
Previous Owner Long John $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2023 01/23/23 Sold $410,000 +6.5% $300 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $384,900 -- $282 / 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 $7,320 $123,100 $78,500 $44,600
2024 $7,039 $123,100 $78,500 $44,600
2022 $6,960 $123,100 $78,500 $44,600
2021 $6,953 $123,100 $78,500 $44,600
2020 $6,922 $123,100 $78,500 $44,600
2019 $6,788 $123,100 $78,500 $44,600
2018 $6,727 $123,100 $78,500 $44,600
2017 $6,666 $123,100 $78,500 $44,600
2016 $6,572 $123,100 $78,500 $44,600
2015 $6,494 $123,100 $78,500 $44,600
2014 $6,310 $123,100 $78,500 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22041288

New Jersey MLS

APN: 14-02000-0000-00060