NOT LISTED FOR SALE

40 Riverside Ave Lyndhurst, NJ 07071

Estimated Value: $668,000 - $816,000

5 Beds
2 Baths
1,744 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $735,000 $421 Per Sq Ft

Current estimated payment $4,728/month

31 Days on Market

About This Home

As of June 2024

Exquisitely updated, this charming two-family residence embodies tasteful renovation at its finest.The first floor boasts newly installed kitchen cabinets adorned with elegant granite countertops, while the second floor showcases stunning quartz countertops and new stainless steel appliances. Gleaming hardwood floor throughout, 2 new bathrooms and 5 bedrooms total. Home features new roof, gutters, insulation, windows, doors, plumbing, electrical, two hot water heater, two central heating and air conditioning system. The basement offers a laundry area and ample storage space, enhancing the home's functionality.MUST SEE!

Last Agent to Sell the Property

Thalita Real

Coldwell Banker, Wayne Listed on: 04/05/2024

Coldwell Banker, Wayne

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,221

Lot Details

  • 6,569 Sq Ft Lot
  • Lot Dimensions are 45x146

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00035 / 00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,221

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 694-8000
  • MLS Status: Sold - Sold
  • Directions: Rutherford Ave to Riverside Ave.
  • Architectural Style: 2 Family
  • Year Built Details: 2020's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Remarks: unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

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

Lot Info

  • Lot Dimensions: 45x146
  • Lot Size Sq Ft: 6569.0

Tax Info

  • Tax Annual Amount: 9221.0
  • Tax Block: 00004
  • Tax Lot: 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 31, 2024
Sold by
Elite Asset Management Llc
Bought by
Chavez Michelle A and Burns Corey Sean
Seller's Agent
Thalita Real
Coldwell Banker, Wayne
Buyer's Agent
Outside Agent
Outside Office
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%
Views
96
Current Estimated Value
$734,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180
Avg. Annual Appreciation
-0.02%
Original Mortgage
$721,687
Outstanding Balance
$712,739
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$22,081

Purchase Details

Closed on
Jul 18, 2023
Sold by
Federal National Mortgage Association
Bought by
Elite Asset Management Llc

Purchase Details

Closed on
Oct 28, 2022
Sold by
Cureton Anthony
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 15, 2000
Sold by
Long William E and Long Patricia M
Bought by
Gempp Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chavez Michelle A $735,000 None Listed On Document
Chavez Michelle A $735,000 None Listed On Document
Elite Asset Management Llc $465,855 Boston National Title
Federal National Mortgage Association -- --
Federal National Mortgage Association -- None Listed On Document
Gempp Robert G $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Michelle A $721,687
Closed Chavez Michelle A $721,687
Previous Owner Gempp Robert G $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $735,000 -2.0% $421 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $750,000 -- $430 / 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 $10,309 $654,900 $253,200 $401,700
2024 $9,873 $494,200 $251,500 $242,700
2023 $9,221 $485,900 $244,600 $241,300
2022 $9,221 $290,700 $162,200 $128,500
2021 $8,837 $290,700 $162,200 $128,500
2020 $8,645 $290,700 $162,200 $128,500
2019 $8,581 $290,700 $162,200 $128,500
2018 $8,651 $290,700 $162,200 $128,500
2017 $8,433 $290,700 $162,200 $128,500
2016 $8,244 $290,700 $162,200 $128,500
2015 $7,986 $290,700 $162,200 $128,500
2014 $7,881 $290,700 $162,200 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24010089

New Jersey MLS

APN: 32-00004-0000-00035