$1,280,110 - $1,495,000
RENTED JAN 26, 2025

361 Forest Dr Englewood Cliffs, NJ 07632

4 Beds
3 Baths
2,304 Sq Ft
$593 Price per Sq Ft

Last Sold September 22, 2023

Last sale price $1,200,000 $521 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,396/month

About This Home

As of September 2023

Welcome to a beautifully renovated residence at Englewood Cliffs. Come enjoy a gut-renovated kitchen with brand new cabinetry, remodeled bathrooms, all new appliances, refinished hardwood floors, EV charging station, upgraded ceiling lightings, and more! The open layout kitchen with a living room, formal dining room and family room. From the eat-in kitchen, sliding glass doors lead to an inviting outdoor deck, perfect for dining al fresco or hosting events. Go upstairs to find a Primary bedroom with a newly renovated bathroom and a walk-in closet. There are also three additional spacious bedrooms along with a renovated bathroom and double vanity. The lower level features an open entertainment room with plenty of storage. Non-Smoking. Rent includes furniture. The house is conveniently located near major highways and within walking distance to school, NJ transit bus stops, parks, shops, and restaurants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 22, 2023
Sold by
Morfesis Maria and Morfesis Stephanie
Bought by
Eem Dongbeom and Yang Bosoon
Seller's Agent
Maria Morfesis
Ridgeco Properties, Inc.
Buyer's Agent
Yoon Kim
EXP Realty, LLC
List Price
$1,149,000
Sold Price
$1,200,000
Premium/Discount to List
$51,000
4.44%
Views
25
Current Estimated Value
$1,367,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,278
Avg. Annual Appreciation
7.74%
Original Mortgage
$500,000
Outstanding Balance
$492,377
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$874,901

Purchase Details

Closed on
Oct 31, 2006
Sold by
Assile Edward
Bought by
Morfesis Maria and Gallo Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2001
Sold by
Yaffe Michael G
Bought by
Assile Edward and Gallo Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1998
Sold by
Stern Stephanie
Bought by
Yaffe Michael G and Yaffe Marsha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Eem Dongbeom $1,200,000 Stewart Title
Morfesis Maria $610,000 --
Assile Edward $465,000 --
Yaffe Michael G $408,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eem Dongbeom $500,000
Previous Owner Morfesis Maria $650,000
Previous Owner Morfesis Maria $625,000
Previous Owner Assile Edward $418,500
Previous Owner Yaffe Marsha S $40,000
Previous Owner Yaffe Michael G $367,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2025 01/26/25 Rented -- -- --
11/15/2024 11/15/24 For Rent $6,800 0.0% --
09/22/2023 09/22/23 Sold $1,200,000 +4.4% $521 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $1,149,000 -- $499 / Sq Ft

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 $9,699 $850,000 $619,700 $230,300
2023 $9,546 $850,000 $619,700 $230,300
2022 $9,546 $850,000 $619,700 $230,300
2021 $7,338 $850,000 $619,700 $230,300
2020 $9,784 $850,000 $619,700 $230,300
2019 $9,189 $850,000 $619,700 $230,300
2018 $8,866 $850,000 $619,700 $230,300
2017 $8,483 $850,000 $619,700 $230,300
2016 $8,322 $850,000 $619,700 $230,300
2015 $7,905 $850,000 $619,700 $230,300
2014 $7,395 $850,000 $619,700 $230,300
Source: Public Records

Agents Affiliated with this Home

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