NOT LISTED FOR SALE

394 Kaplan Ave Hackensack, NJ 07601

Estimated Value: $517,000 - $774,000

5 Beds
3 Baths
2,112 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $675,000 $320 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,004/month

16 Days on Market

About This Home

As of August 2024

HIGHEST AND BEST OFFER DEADLINE IS THURSDAY, JUNE 13 at 8:00 PM. Calling investors and savvy homeowners! This fully rented, two family opportunity is located in the heart of Hackensack's bustling hospital district. The first floor unit offers a spacious 2 bedroom, 1 bath layout with a bright living room and eat-in kitchen. Unit 2 has a 3 bedroom, 2 bath layout with living room, eat-in kitchen, and dining room. The wide driveway and attached garage offer off street parking for multiple vehicles. The fully fenced in backyard offers a bit of outdoor living and entertaining space. For city lovers, the location cannot be beat! A commuter's dream, multiple bus lines pass right by the property, and the home is blocks from the Essex St train station. Rt 17, Rt 4, I-80, Rt 46, NJ Turnpike, and GSP all nearby. Shops, restaurants, parks, and other services at your fingertips. For GPS, please note address number displayed on the house is 396.

Last Agent to Sell the Property

Anna Papoutsakis

Keller Williams Valley Realty Listed on: 06/05/2024

Keller Williams Valley Realty

Last Buyer's Agent

Frantzy Theophile

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,404

Lot Details

  • 4,500

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry in unit
  • 4,500 Sq Ft Lot

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00020 / 00136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,404

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit, None
  • Co List Office Phone: 201-391-2500
  • MLS Status: Sold - Sold
  • Directions: Essex to Summit to Kaplan (for GPS, use number 396)
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: None

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 4500.0

Tax Info

  • Tax Annual Amount: 13404.0
  • Tax Block: 00136
  • Tax Lot: 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 12, 2024
Sold by
Kamvosoulis Peter and Kamvosoulis Aspasia
Bought by
Theophile Frantzy and Theophile Charlisa
Seller's Agent
Anna Papoutsakis
Keller Williams Valley Realty
Buyer's Agent
Frantzy Theophile
EXP Realty, LLC
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Views
45
Current Estimated Value
$706,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,189
Avg. Annual Appreciation
4.27%
Original Mortgage
$631,831
Interest Rate
6.49%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2004
Sold by
Baraya Luz
Bought by
Kamvosoulis Peter and Kamvosoulis Aspasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.94%
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
Theophile Frantzy $675,000 Fortuna Title
Theophile Frantzy $675,000 Fortuna Title
Kamvosoulis Peter $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Theophile Frantzy $631,831
Previous Owner Kamvosoulis Peter $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $675,000 +3.8% $320 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $650,000 -- $308 / 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
2025 $14,229 $465,600 $188,100 $277,500
2024 $13,405 $465,600 $188,100 $277,500
2023 $12,937 $465,600 $188,100 $277,500
2022 $12,937 $461,700 $184,500 $277,200
2021 $13,073 $389,300 $167,000 $222,300
2020 $12,882 $389,300 $167,000 $222,300
2019 $12,888 $383,900 $164,000 $219,900
2018 $12,884 $377,500 $160,000 $217,500
2017 $12,724 $372,600 $157,500 $215,100
2016 $11,995 $355,100 $142,500 $212,600
2015 $11,414 $326,100 $137,000 $189,100
2014 $10,833 $326,100 $137,000 $189,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24017721

New Jersey MLS

APN: 23-00136-01-00020