NOT LISTED FOR SALE

40 Washington Ave Unit 1 Rutherford, NJ 07070

Estimated Value: $875,000 - $900,000

3 Beds
1 Bath
-- Sq Ft
1961 Built

About This Home

As of October 2025

Rutherford Gem! Spacious 3BR 1st-floor apartment featuring a brand-new kitchen & bath, hardwood floors throughout, private driveway for 3 cars, backyard access, and laundry on-site. Basement for storage. Prime location just steps to downtown, schools & all transportation! Available now. No pets!

Last Agent to Rent the Property

Erica Hernandez

EXP Realty, LLC Listed on: 09/01/2025

EXP Realty, LLC

Last Renter's Agent

Erica Hernandez

EXP Realty, LLC Listed on: 09/01/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,686

Year Built

  • 1961

Home Design

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Laundry in Basement

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • No Dogs Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,686

Year Built

1961

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Multi Family
  • ResoLaundryFeatures: In Basement
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, None, Ov/Rang/Gs, Refrigerator
  • Reso Pets Allowed: Dogs Prohbtd
  • Co List Office Phone: 866-201-6210
  • MLS Status: Leased - Leased
  • Directions: USE GPS
  • Year Built Details: 1970's
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1961

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 9.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Damoorgian Debra
Bought by
Rezkalla Maged and Rezkalla Michael
Current Estimated Value
$884,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$399,656
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$485,322

Purchase Details

Closed on
Aug 23, 2023
Sold by
Damoorgian Mary G and Damoorgian Debra
Bought by
Damoorgian Debra
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
Rezkalla Maged $895,000 Imperium Title
Rezkalla Maged $895,000 Imperium Title
Damoorgian Debra $25,000 None Listed On Document
Damoorgian Debra $25,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rezkalla Maged $400,000
Closed Rezkalla Maged $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Off Market $3,350 -- --
10/07/2025 10/07/25 Rented -- -- --
10/01/2025 10/01/25 Price Changed $3,350 -4.3% --
09/01/2025 09/01/25 For Rent $3,500 -- --
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 $13,686 $438,500 $209,300 $229,200
2024 $13,339 $438,500 $209,300 $229,200
2023 $12,769 $438,500 $209,300 $229,200
2022 $13,019 $438,500 $209,300 $229,200
2021 $12,168 $438,500 $209,300 $229,200
2020 $12,502 $438,500 $209,300 $229,200
2019 $12,011 $438,500 $209,300 $229,200
2018 $11,844 $438,500 $209,300 $229,200
2017 $11,677 $438,500 $209,300 $229,200
2016 $11,419 $438,500 $209,300 $229,200
2015 $10,857 $438,500 $209,300 $229,200
2014 $10,511 $438,500 $209,300 $229,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2025

    Erica Hernandez

    EXP Realty, LLC

    (866) 201-6210

    33 Total Sales

    Erica Hernandez
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Map

Source: New Jersey MLS

MLS Number: 25031100

New Jersey MLS

APN: 56-00072-0000-00009-04

New Jersey Bergen County Rutherford 07070

40 Washington Ave Unit 1, Rutherford, NJ

Not Listed for Sale

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

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