NOT LISTED FOR SALE

382 Belleville Turnpike North Arlington, NJ 07031

Estimated Value: $598,136

-- Bed
-- Bath
-- Sq Ft
5,009 Sq Ft Lot

Last Sold January 17, 2023

Last sale price $505,000

Est. 18% increase in value since last sale

Current estimated payment $4,141/month

89 Days on Market

About This Home

As of January 2023

All brick mixed used building in prime business commercial area of North Arlington. Offers retail space of approximately 2000 sf w/entrances on either side of front of the building (was once separated into 2 rental spaces). Current tenant is upholstery business (no lease) paying $2100/month plus utilities. There's a modern, one bedroom rental unit who accesses from the rear of the building, currently paying $1,100/month plus utilities (lease expires 7/31/23.Rents are considerably below market value. So much potential in this high traffic area of town. This is a corner property with a rear parking lot for 4+ cars and also has fenced yard that could be converted into extra parking. Full basement houses utilities and offers lots of storage. So much potential and expansion possibilities.

Last Agent to Sell the Property

Kathleen Savino

Coccia Realty Better Homes & Gardens-Lyndhurst Listed on: 06/10/2022

Coccia Realty Better Homes & Gardens-Lyndhurst

Last Buyer's Agent

Kathleen Savino

Coccia Realty Better Homes & Gardens-Lyndhurst Listed on: 06/10/2022

Coccia Realty Better Homes & Gardens-Lyndhurst

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,678

Lot Details

  • 5,009

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$10,678

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 939-8900
  • MLS Status: Sold - Sold
  • Directions: corner of Elm Street
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat

Lot Info

  • Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jan 17, 2023
Sold by
J A Bar Corporation
Bought by
North Arlington Real Estate Llc
Seller's Agent
Kathleen Savino
Coccia Realty Better Homes & Gardens-Lyndhurst
Buyer's Agent
Kathleen Savino
Coccia Realty Better Homes & Gardens-Lyndhurst
List Price
$579,000
Sold Price
$505,000
Premium/Discount to List
-$74,000
-12.78%
Current Estimated Value
$598,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,136
Avg. Annual Appreciation
6.09%
Original Mortgage
$378,000
Outstanding Balance
$368,186
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$221,006
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
North Arlington Real Estate Llc $505,000 Mega Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Arlington Real Estate Llc $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $505,000 -9.7% --
09/07/2022 09/07/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $559,000 -3.5% --
06/10/2022 06/10/22 For Sale $579,000 -- --
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 $10,585 $526,400 $175,000 $351,400
2024 $11,065 $459,400 $175,000 $284,400
2023 $9,942 $453,100 $175,000 $278,100
2022 $9,942 $386,700 $175,000 $211,700
2021 $10,678 $381,100 $175,000 $206,100
2020 $10,779 $391,400 $175,000 $216,400
2019 $11,028 $384,100 $175,000 $209,100
2018 $10,555 $362,200 $175,000 $187,200
2017 $11,266 $385,300 $175,000 $210,300
2016 $9,337 $301,300 $150,000 $151,300
2015 $9,078 $301,300 $150,000 $151,300
2014 $8,699 $301,300 $150,000 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22021378

New Jersey MLS

APN: 39-00109-0000-00013