$420,000
SOLD AUG 21, 2020

381 Lee Ave River Edge, NJ 07661

2 Beds
1.5 Baths
3,554 Sq Ft
8,561 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

5% Below List Price

10 Days on Market

Highlights

  • Views to the East
  • Cape Cod Architecture
  • Property is near a park
  • Cherry Hill School Rated A+
  • Deck
  • Attached Garage

About This Home

As of January 2021

Lovely, quiet street. Close to NYC buses & trains. Room to expand up and out. Open first floor w/Living Rm./Din.Rm. Lg Eat in kitchen. Formal DR(Could be Master bedroom) Patio. 2nd fl. Sitting/computer area. 2 bedrooms. Full bath(SOT). Knotty pine bsmt. Sep laundry/boiler room. French drains. Att. Garage. Great Potential. Multiple offers. NO MORE SHOWINGS. Thank you.

Last Agent to Sell the Property

Robert Russo

Russo Real Estate Listed on: 06/27/2020

Last Buyer's Agent

Robert Russo

Russo Real Estate Listed on: 06/27/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,068

Year Built

  • 1940

Lot Details

  • 8,561 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1940s
  • Cape Cod Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Attic

  • Dormer Attic

Location

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Views to the East
  • Basement Fills Entire Space Under The House
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 025201001 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,068

Year Built

1940

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: Rear Dormer, Side Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In, WW/Carpet As In, Deck / Patio
  • Views/Exposure: East
  • Year Built: 1940's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 6
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: Full fin. Sep laundry. French drain.

Exterior Features

  • Exterior: Aluminum, Brick
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

  • Heating: Baseboard, Gas, Hot Water, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Wall A/C

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00006
  • Lot Description: Regular
  • Lot Dimensions: 50 x irreg
  • Estimated Lot Frontage: 50
  • Estimated Lot Sq Ft: 8561

Tax Info

  • Tax: 12068
  • Assessor Parcel Number: 025201001 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 30, 2020
Sold by
Nj North Property Llc
Bought by
Joo Howard and Baek Eun
Seller's Agent
David Michael
Coldwell Banker, Alpine/Closter
Buyer's Agent
Stephanie Kim
Coldwell Banker, Alpine/Closter
List Price
$939,999
Sold Price
$940,000
Premium/Discount to List
$1
0.0%
Total Days on Market
10
Current Estimated Value
$1,097,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,905
Avg. Annual Appreciation
3.59%
Original Mortgage
$752,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2020
Closed on
Aug 26, 2020
Sold by
Rutt William D and Rutt William
Bought by
Nj North Property Llc
Seller's Agent
Robert Russo
Russo Real Estate
Buyer's Agent
Robert Russo
Russo Real Estate
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
613.45%
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 Type Sale Price Title Company
Deed $940,000 Westcor Land Title Ins Co
Deed $420,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $752,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2021 01/16/21 Sold $940,000 0.0% $264 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $939,999 +123.8% $264 / Sq Ft
08/21/2020 08/21/20 Sold $420,000 -4.5% $118 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $439,900 -- $124 / 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
2024 $21,236 $549,300 $204,800 $344,500
2023 $20,324 $549,300 $204,800 $344,500
2022 $20,324 $549,300 $204,800 $344,500
2021 $12,622 $348,000 $204,800 $143,200
2020 $12,424 $348,000 $204,800 $143,200
2019 $12,069 $348,000 $204,800 $143,200
2018 $11,815 $348,000 $204,800 $143,200
2017 $11,700 $348,000 $204,800 $143,200
2016 $11,435 $348,000 $204,800 $143,200
2015 $11,195 $348,000 $204,800 $143,200
2014 $11,216 $348,000 $204,800 $143,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20024471

New Jersey MLS

APN: 52-01001-0000-00006