NOT LISTED FOR SALE

405 Mercer Ave River Edge, NJ 07661

Estimated Value: $947,111 - $987,000

4 Beds
2 Baths
3,842 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $645,001 $168 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,737/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Cherry Hill School Rated A+
  • 1 Fireplace
  • Central Air

About This Home

As of November 2020

WANTED! Determined Bergen County Home Buyers looking for a desirable cozy home in the suburbs with a yard. Voted one of "the best places to live," adoring River Edge boasts the quintessential "suburb feel" with peaceful tree lined streets and an acclaimed public school system. Fall in love with this 4 bedroom 2 bath home because it's comfortable, welcoming, and offers open living space with all the "traditionals" and well balanced natural light that pulls the warm positive vibes out of you. Hardwood floors throughout with a bedroom on the main level and full bath makes it perfect for "anti-stairs" living. Enjoy strolling through the corner kitchen into your own private backyard space.

Last Agent to Sell the Property

Tarek Hassieb

LIBERTY REALTY, LLC. Listed on: 08/06/2020

LIBERTY REALTY, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,781

Year Built

  • Built in 1950

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 1152-01003-0000-00010-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,781

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: All personal property
  • Directions: Off Wayne Ave
  • I D: 5005598
  • First Name: TAREK
  • First Name3: UNKNOWN
  • Last Name: HASSIEB
  • Last Name3: AGENT
  • Office Phone: 201-222-2900
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Fireplaces: 1
  • Appliances: Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Phone: 201-222-2900

Exterior Features

  • Exterior Description: Brick, Stone, Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 60IRR 2.0LT
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 16781
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1152-01003-0000-00010-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.468
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 30, 2020
Sold by
Woelfel Kimball James
Bought by
Mohamed Ahmed Nady and Elyamany Salma
Seller's Agent
Tarek Hassieb
LIBERTY REALTY, LLC.
List Price
$619,000
Sold Price
$645,001
Premium/Discount to List
$26,001
4.2%
Current Estimated Value
$969,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,777
Avg. Annual Appreciation
8.38%
Original Mortgage
$612,751
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2016
Sold by
Woelfel Kimball James and Woelfel Brenda Fong
Bought by
Woelfel Kimball James

Purchase Details

Closed on
Feb 13, 2003
Sold by
Venner Ronald M
Bought by
Woelfel Kimball J and Woelfel Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mohamed Ahmed Nady $645,001 Main Street Ttl & Setmnt Svc
Woelfel Kimball James -- None Available
Woelfel Kimball J $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohamed Ahmed Nady $612,751
Previous Owner Woelfel Kimball J $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $645,001 +4.2% $168 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $619,000 -- $161 / 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
2025 $19,575 $731,100 $324,600 $406,500
2024 $19,086 $493,700 $176,000 $317,700
2023 $18,267 $493,700 $176,000 $317,700
2022 $18,267 $493,700 $176,000 $317,700
2021 $17,551 $483,900 $176,000 $307,900
2020 $17,275 $483,900 $176,000 $307,900
2019 $16,782 $483,900 $176,000 $307,900
2018 $16,428 $483,900 $176,000 $307,900
2017 $16,269 $483,900 $176,000 $307,900
2016 $15,901 $483,900 $176,000 $307,900
2015 $15,567 $483,900 $176,000 $307,900
2014 $15,596 $483,900 $176,000 $307,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3654260

Garden State MLS

APN: 52-01003-0000-00010