NOT LISTED FOR SALE

385 Fairview Ave Fairview, NJ 07022

Studio
-- Bath
-- Sq Ft
3,572 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $1,745,000

113 Days on Market

About This Home

As of August 2024

Income Generating commercial property with 7 Residential units, one commercial space, plus 20 Parking spaces, approximately 11000 Sqft land, Offer As a package #385,387,389,391 Fairview Ave, enormous possibilities for income and devolvement opportunity, Tenants are Month to Month. Don't miss it !!

Last Agent to Sell the Property

Sukhbir Singh

Elevate Realty Listed on: 11/10/2022

Last Buyer's Agent

Sukhbir Singh

Elevate Realty Listed on: 11/10/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $29,475

Lot Details

  • 3,572

Home Design

  • Flat Roof Shape

Property Details

Property Type

Other

Est. Annual Taxes

$29,475

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 945-1070
  • MLS Status: Sold - Sold
  • Directions: Anderson to Fairview Ave
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Flat, See Remarks

Lot Info

  • Lot: 00015,16,1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Aug 3, 2024
Sold by
Gnlf Llc
Bought by
Kubadi Realty Llc
Seller's Agent
Sukhbir Singh
Elevate Realty
Buyer's Agent
Sukhbir Singh
Elevate Realty
List Price
$2,500,000
Sold Price
$1,745,000
Premium/Discount to List
-$755,000
-30.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$930,533
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 2014
Sold by
Papanikolaou Nikolaos
Bought by
Gnlf Llc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Papanikolaou Nikolaos
Bought by
Nick Nikolaos Papanikolaou Aka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2002
Sold by
Papanikolaou Anna
Bought by
Papanikolaou Kleopatra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.82%
Mortgage Type
Commercial
Source: Public Records
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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
Kubadi Realty Llc $1,300,000 First American Title
Kubadi Realty Llc $1,300,000 First American Title
Gnlf Llc $920,000 None Available
Nick Nikolaos Papanikolaou Aka -- --
Papanikolaou Kleopatra $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kubadi Realty Llc $1,100,000
Closed Kubadi Realty Llc $1,100,000
Previous Owner Nick Nikolaos Papanikolaou Aka $675,000
Previous Owner Papanikolaou Kleopatra $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $1,745,000 -30.2% --
03/03/2023 03/03/23 Pending -- -- --
11/10/2022 11/10/22 For Sale $2,500,000 -- --
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 $11,551 $554,400 $178,300 $376,100
2024 $10,722 $499,400 $170,800 $328,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22040445

New Jersey MLS

APN: 18-00218-0000-00015