NOT LISTED FOR SALE

406 Sherman Place Fairview, NJ 07022

Estimated Value: $542,000 - $621,000

0.08 Acre
$7,148,225 Price per Acre
3,900 Sq Ft Lot

Last Sold March 22, 2024

Last sale price $565,000 $579 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,580/month

46 Days on Market

About This Lot

As of March 2024

Welcome to this inviting single-story Ranch listed by The Abbasi Team of eXp Realty. Positioned on a double-wide 52x75 lot in Fairview, NJ, this property offers remarkably low annual taxes just under $5500, a rare find in today's market. Recently renovated, the home boasts refinished hardwood floors throughout, recessed lighting, a modern eat-in kitchen, and a fully revamped bathroom, with radiant floors in both the kitchen and the bathroom. Additionally, it features a large attic and basement, adding potential for further customization. Outside, a fresh driveway and a rear patio with pavers add to the property's appeal. Conveniently located near public transportation to New York City, this turnkey home is ready for immediate occupancy. Don't miss the chance to make this your own! Call Layth Abbasi for more info.

Last Agent to Sell the Property

Layth Abbasi

The Abbasi Agency LLC Listed on: 01/25/2024

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,452

Lot Details

  • 3,900 Sq Ft Lot
  • Lot Dimensions are 52x75
  • Rectangular Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00010 / 00228

Property Details

Property Type

Land

Est. Annual Taxes

$5,452

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (866) 201-6210
  • MLS Status: Sold - Sold
  • Directions: between bergen blvd and fairview ave
  • Reso Fireplace Features: None
  • Year Built Details: 1940's,2020's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: full, unfinished, washer/dryer hookups.

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Other

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Radiant, Radiant Floor

Lot Info

  • Lot Dimensions: 52x75
  • Lot Size Sq Ft: 3900.0

Tax Info

  • Tax Annual Amount: 5452.0
  • Tax Block: 00228
  • Tax Lot: 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 20, 2024
Sold by
Alfageeh Safa
Bought by
Romaine Joseph and Chen Suzie
Seller's Agent
Layth Abbasi
The Abbasi Agency LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
80
Current Estimated Value
$571,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,858
Avg. Annual Appreciation
0.73%
Original Mortgage
$452,000
Outstanding Balance
$444,855
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$127,003

Purchase Details

Listed on
Aug 29, 2023
Closed on
Sep 22, 2023
Sold by
Delaney Dennis Bernard
Bought by
Alfageeh Safa
Seller's Agent
Layth Abbasi
The Abbasi Agency LLC
Buyer's Agent
Layth Abbasi
The Abbasi Agency LLC
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.50%
Original Mortgage
$346,750
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Romaine Joseph $565,000 Simplicity Title
Romaine Joseph $565,000 Simplicity Title
Alfageeh Safa $365,000 American Land Title
Alfageeh Safa $365,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romaine Joseph $452,000
Closed Romaine Joseph $452,000
Previous Owner Alfageeh Safa $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $565,000 +2.7% $579 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $550,000 +50.7% $564 / Sq Ft
09/29/2023 09/29/23 Sold $365,000 +4.3% $374 / Sq Ft View Prior Sale
09/06/2023 09/06/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $350,000 -- $359 / 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 $6,823 $370,200 $201,000 $169,200
2024 $5,788 $295,000 $192,500 $102,500
2023 $5,452 $256,000 $177,500 $78,500
2022 $5,452 $234,500 $160,000 $74,500
2021 $5,548 $223,800 $152,500 $71,300
2020 $5,678 $219,500 $150,000 $69,500
2019 $6,786 $202,200 $116,300 $85,900
2018 $6,806 $202,200 $116,300 $85,900
2017 $6,592 $202,200 $116,300 $85,900
2016 $6,230 $202,200 $116,300 $85,900
2015 $5,902 $202,200 $116,300 $85,900
2014 $5,771 $202,200 $116,300 $85,900
Source: Public Records

Agents Affiliated with this Home

  • Layth Abbasi

    Seller's Agent in 2024

    Layth Abbasi

    The Abbasi Agency LLC

    (201) 281-3855

    3 in this area

    41 Total Sales

    Layth Abbasi
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 24002537

New Jersey MLS

APN: 18-00228-0000-00010

New Jersey Bergen County Fairview 07022

406 Sherman Place, Fairview, NJ

Not Listed for Sale

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