NOT LISTED FOR SALE

371 New Milford Ave Dumont, NJ 07628

Estimated Value: $626,000 - $744,000

5 Beds
2 Baths
1,374 Sq Ft
$491/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $490,000 $357 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,105/month

145 Days on Market

Highlights

  • Views to the North
  • Property is near a park
  • Baseboard Heating
  • Dumont High School Rated A-
  • Main Floor Primary Bedroom
  • Laundry Facilities

About This Home

As of August 2021

Great Investment!! Low Maintenance! Unique property with two homes on one lot. One house has 4 large bedrooms, living room, updated kitchen, full updated bathroom. Large unfinished basement with walkout. Smaller cottage behind at 71 Ontario st. with separate driveway, one floor living with large living room, updated kitchen, one bedroom with big closet. All separate utilities, two new water heaters and new furnace. Must See!!

Last Agent to Sell the Property

Mike Russini

Wardell Realty, Inc. Listed on: 01/10/2021

Last Buyer's Agent

Bashkim Arifi

Keller Williams Village Square Realty

Keller Williams Village Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,013

Year Built

  • 1925

Lot Details

  • 4,722 Sq Ft Lot
  • Rectangular Lot

Property Views

  • Views to the North

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 021000715 00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,013

Year Built

1925

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Mbdrm, One Floor Living
  • Views/Exposure: North
  • Year Built: 1900-1939
  • Miscellaneous: Hdwd As In, WW/Carpet As In
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Basement: unfinished, laundry
  • Laundry: Basement

Exterior Features

  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Win/AC

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00001
  • Lot Dimensions: 40x118
  • Estimated Lot Sq Ft: 4722
  • Lot Description: Regular

Tax Info

  • Tax: 10013
  • Assessor Parcel Number: 021000715 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Aug 10, 2021
Sold by
Dunn Brian and Mateosian Robbin Vahram
Bought by
Osmani Ismail and Osmani Blerina
Seller's Agent
Mike Russini
Wardell Realty, Inc.
Buyer's Agent
Bashkim Arifi
Keller Williams Village Square Realty
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Total Days on Market
145
Current Estimated Value
$674,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,125
Avg. Annual Appreciation
8.71%
Original Mortgage
$416,500
Outstanding Balance
$382,273
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$291,852

Purchase Details

Closed on
Mar 27, 2007
Sold by
Dunn Timothy J
Bought by
Dunn Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
6.18%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Patel Manu
Bought by
Mateosian Robbin Vahram and Dunn Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.84%
Source: Public Records

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Range of Values:

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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
Osmani Ismail $490,000 Imperium Title Agency Llc
Dunn Brian $101,250 --
Mateosian Robbin Vahram $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osmani Ismail $416,500
Previous Owner Dunn Brian $347,000
Previous Owner Mateosian Robbin Vahram $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $490,000 -1.8% $357 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
01/10/2021 01/10/21 For Sale $499,000 0.0% $363 / Sq Ft
03/30/2020 03/30/20 Rented $2,225 0.0% --
01/12/2020 01/12/20 For Rent $2,225 +3.5% --
09/28/2018 09/28/18 Rented $2,150 -2.3% --
08/29/2018 08/29/18 Under Contract -- -- --
08/02/2018 08/02/18 For Rent $2,200 -- --
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
2024 $15,852 $399,800 $132,500 $267,300
2023 $15,524 $399,800 $132,500 $267,300
2022 $15,524 $399,800 $132,500 $267,300
2021 $10,294 $266,400 $132,500 $133,900
2020 $10,014 $266,400 $132,500 $133,900
2019 $9,774 $266,400 $132,500 $133,900
2018 $9,574 $266,400 $132,500 $133,900
2017 $9,391 $266,400 $132,500 $133,900
2016 $9,172 $266,400 $132,500 $133,900
2015 $8,962 $266,400 $132,500 $133,900
2014 $8,786 $266,400 $132,500 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21001061

New Jersey MLS

APN: 10-00715-0000-00001