NOT LISTED FOR SALE

40 Newark Ave Wayne, NJ 07470

Estimated Value: $621,000 - $817,000

4 Beds
3 Baths
1,831 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $230,000 $126 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $4,884/month

36 Days on Market

Highlights

  • L-Shaped Dining Room
  • 2 Car Attached Garage
  • In-Law or Guest Suite
  • George Washington Middle School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of July 2018

Move in condition. Total 8 rooms 4 brs 3 full baths. Extra kitchen and Family room on ground level.

Last Listed By

CARLOS TOME

UNITED REAL ESTATE Listed on: 04/03/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,936

Year Built

  • Built in 1972

Lot Details

  • 0.69 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,831 Sq Ft Home
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-00801-0000-00011-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,936

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • Year Built: 1972
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 40
  • Directions: Route 23 to New York Ave to Newark Ave
  • I D: 4790699
  • Modified: 2019-07-04
  • Number Images: 25
  • First Name: CARLOS
  • First Name3: UNKNOWN
  • Last Name: TOME
  • Last Name3: AGENT
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Carbon Monoxide Detector
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 8
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Slab
  • Dining Area: Dining L
  • In Law Suite: Yes
  • In Law Suite Description: Kitchen, FamilyRm, SepEnter, Full Bath
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: 4 Or More Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Estimated Sq Ft: 1831
  • Ground Level Rooms: Bath(s) Other, Family Room, Kitchen
  • Phone: 973-916-9900

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .688 AC
  • Assessed Improvement Value: 88000
  • Assessed Land Value: 95500
  • Assessment: 183500
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 11
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.69

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9936
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-00801-0000-00011-0000-
  • Tax Rate Amount: 5.415
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 25, 2018
Sold by
Us Bank Na
Bought by
Ozkan Hasem
Seller's Agent
CARLOS TOME
UNITED REAL ESTATE
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Total Days on Market
36
Current Estimated Value
$714,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,432
Avg. Annual Appreciation
17.80%
Original Mortgage
$183,000
Outstanding Balance
$115,597
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$598,835

Purchase Details

Closed on
Jul 10, 2017
Sold by
Matise Sally and Matise Desiree
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 30, 2005
Sold by
Kaylani Mohammad
Bought by
Matise Sally and Matise Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1999
Sold by
Mascelli Frances
Bought by
Kaylani Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,375
Interest Rate
7.54%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Ozkan Hasem $230,000 None Available
U S Bank National Association -- None Available
Matise Sally $399,000 --
Kaylani Mohammad $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozkan Hasem $183,000
Previous Owner Matise Sally $319,200
Previous Owner Kaylani Mohammad $153,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $230,000 -4.1% $126 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $239,900 -- $131 / Sq Ft
Source: Garden State 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 $10,493 $183,500 $95,500 $88,000
2022 $10,364 $183,500 $95,500 $88,000
2021 $10,364 $183,500 $95,500 $88,000
2020 $10,318 $183,500 $95,500 $88,000
2019 $10,118 $183,500 $95,500 $88,000
2018 $10,028 $183,500 $95,500 $88,000
2017 $9,937 $183,500 $95,500 $88,000
2016 $9,797 $183,500 $95,500 $88,000
2015 $9,680 $183,500 $95,500 $88,000
2014 $9,406 $183,500 $95,500 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3458077

Garden State MLS

APN: 14-00801-0000-00011