NOT LISTED FOR SALE

40 N Farview Ave Paramus, NJ 07652

Estimated Value: $978,885 - $1,265,000

5 Beds
2.5 Baths
-- Sq Ft
10,193 Sq Ft Lot

Last Sold January 27, 2021

Last sale price $720,000

Est. 55% increase in value since last sale

Current estimated payment $7,104/month

73 Days on Market

Highlights

  • Property is near a park
  • Attached Garage
  • Zoned Heating and Cooling
  • Paramus High School Rated A-

About This Home

As of January 2021

INCOME PRODUCING 2 FAMILY IN THE HEART OF PARAMUS. COMPLETELY RENOVATED..2 CAR ATTACHED GARAGE...CENTRAL AIR -5 BEDROOM 2.5 BATH WITH FINISHED BASEMENT. THE FIRST FLOOR IS CURRENTLY VACANT. GREAT FIRST FLOOR LARGE APARTMENT WITH EAT-IN UPDATED KITCHEN, LARGE LIVING ROOM, 2 LARGE BEDROOMS, 4 SEASON ROOM W/ WALL TO WALL WINDOWS, FINISHED BASEMENT WITH HALF BATH & LAUNDRY... 2ND FLOOR OFFERS 3 BEDROOMS, EAT IN KITCHEN, FULL BATH, SEPARATE LAUNDRY AND STORAGE IN BASEMENT...AMAZING INVESTMENT OR MOVE IN AND COLLECT RENT. CLOSE TO BUS TO NYC. CONVENIENT LOCATION. GREAT INVESTMENT...

Last Listed By

catherine Gaglione

Coldwell Banker, Allendale/Saddle River Valley Listed on: 09/09/2020

Coldwell Banker, Allendale/Saddle River Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,569

Year Built

  • 1955

Lot Details

  • 10,193 Sq Ft Lot
  • Irregular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1950s
  • Stone Siding

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

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

Utilities

  • Zoned Heating and Cooling
  • Separate Meters

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 024600602 00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,569

Year Built

1955

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Parks, Close/School, Close/Trans
  • Views/Exposure: Sunrise, Sunset
  • Year Built (Public Record): 1950's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 5
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: FULL FINISHED/ 1/2 BATH/ LAUNDRY
  • Laundry: Basement, In Unit
  • Items Included: ALL APPLIANCES

Exterior Features

  • Waterfront: None
  • Exterior Finish: Stone

Garage/Parking

  • Garage: Attached, 2 Car Garage

Utilities

  • Heating: Oil, Radiators
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: O/See Rmks, Sep Elec, Sep Gas
  • Cooling: Central Air, Multi-Zone

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00003
  • Lot Dimensions: 108 X IRR
  • Estimated Lot Sq Ft: 10193
  • Lot Description: Irregular

Tax Info

  • Tax: 9569
  • Assessor Parcel Number: 024600602 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Jan 25, 2021
Sold by
Maou Nicholas A
Bought by
Lee Madalyn
Seller's Agent
catherine Gaglione
Coldwell Banker, Allendale/Saddle River Valley
Buyer's Agent
In Park
RE/MAX Now
List Price
$715,000
Sold Price
$720,000
Premium/Discount to List
$5,000
0.7%
Total Days on Market
73
Current Estimated Value
$1,113,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,471
Avg. Annual Appreciation
10.67%
Original Mortgage
$576,000
Outstanding Balance
$521,015
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$592,456

Purchase Details

Closed on
Dec 5, 2013
Sold by
Passaretti Sam and Passaretti Salvatore
Bought by
Maou Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Madalyn $720,000 North Bergen Title Agcy Inc
Maou Nicholas A $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Madalyn $576,000
Previous Owner Maou Nicholas A $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $720,000 +0.7% --
11/21/2020 11/21/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $715,000 0.0% --
10/21/2020 10/21/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $715,000 0.0% --
09/25/2020 09/25/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $715,000 0.0% --
08/17/2019 08/17/19 Rented $2,400 0.0% --
08/07/2019 08/07/19 For Rent $2,400 +14.3% --
08/27/2017 08/27/17 Rented $2,100 0.0% --
08/27/2017 08/27/17 For Rent $2,100 -- --
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 $11,172 $758,700 $285,300 $473,400
2023 $10,600 $728,300 $272,700 $455,600
2022 $10,600 $683,000 $254,900 $428,100
2021 $9,570 $631,400 $238,300 $393,100
2020 $8,696 $545,200 $234,100 $311,100
2019 $9,570 $515,600 $252,300 $263,300
2018 $9,451 $515,600 $252,300 $263,300
2017 $9,286 $515,600 $252,300 $263,300
2016 $9,033 $515,600 $252,300 $263,300
2015 $8,941 $515,600 $252,300 $263,300
2014 $8,613 $515,600 $252,300 $263,300
Source: Public Records

Agents Affiliated with this Home

  • c

    Seller's Agent in 2021

    catherine Gaglione

    Coldwell Banker, Allendale/Saddle River Valley

    (201) 747-1112

    1 in this area

    30 Total Sales

    catherine Gaglione
    Section Image
  • In Park

    Buyer's Agent in 2021

    In Park

    RE/MAX Now

    (201) 937-3111

    1 in this area

    15 Total Sales

    In Park
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 20037401

New Jersey MLS

APN: 46-00602-0000-00003

New Jersey Bergen County Paramus 07652

40 N Farview Ave, Paramus, NJ

Homes for Sale in Paramus, NJ

This home is located at 40 N Farview Ave, Paramus, NJ 07652 since 09 September 2020 and is currently estimated at $1,113,471. This property was built in 1955. 40 N Farview Ave is a home located in Bergen County with nearby schools including Paramus High School, Yavneh Academy, and Visitation Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

Nearby Homes