NOT LISTED FOR SALE

407 Elm Ave River Edge, NJ 07661

Estimated Value: $738,000 - $1,042,000

4 Beds
2.5 Baths
3,333 Sq Ft
$262/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $400,000 $120 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,918/month

11 Days on Market

Highlights

  • Views to the East
  • Cape Cod Architecture
  • Fireplace
  • Cherry Hill School Rated A+
  • Main Floor Primary Bedroom
  • Attached Garage

About This Home

As of September 2020

THIS SWEET CAPE WOULD BLOOM WITH YOUR LOVING TOUCHES AND VISION TO MAKE IT YOUR WONDERFUL HOME. THE EXTERIOR IS FULL BRICK WITH BRAND NEW VINYL SIDING ON THE UPPER LEVEL WHICH WAS JUST DONE LAST YEAR. ITS A COLONIAL CAPE SO IT HAS A TRUE DINING ROOM, 4 BEDROOMS AND TWO FULL BATHS. YOU CAN ADD ADDITIONAL LIVING SPACE IF YOU WISH BECAUSE THE BASEMENT IS SPACIOUS AND HAS HIGH CEILINGS JUST WAITING FOR REFINISHING. WONDERFUL LOCATION ON THE CORNER OF ELM AND BERKELEY AND HAS SPECTACULAR SUPPORTING VALUE. CENTRAL AIR INSTALLED BUT IN NEED OF ATTENTION. VALUE PRICED.

Last Agent to Sell the Property

Ellen McCourt

Coldwell Banker, Hillsdale Listed on: 08/07/2020

Coldwell Banker, Hillsdale

Last Buyer's Agent

John Falcone

RE/MAX Real Estate Limited

RE/MAX Real Estate Limited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,597

Lot Details

  • 7,035 Sq Ft Lot
  • Irregular Lot

Parking

  • Attached Garage

Property Views

  • Views to the East
  • Views to the West

Home Design

  • Built between 1900 - 1939
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Fireplace
  • Basement Fills Entire Space Under The House
  • Dormer Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Location

  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 025200906 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,597

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: Rear Dormer
  • Lifestyle: Close/School, Close/Shopg, Close/Wrshp, 1st Flr Mbdrm
  • Miscellaneous: Hdwd As In
  • Views/Exposure: East, West
  • Year Built: 1900-1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: 1 Fireplace
  • Bedrooms: 4
  • Total Bathrooms: 2.10
  • Primary Bathroom: N
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Full
  • Basement: FULL .5 BATH

Exterior Features

  • Exterior: Brick, Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Cherry Hill E.S.
  • Middle School: River Dell M.S.
  • High School: River Dell Reg. H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00015
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 7035

Tax Info

  • Tax: 11597
  • Assessor Parcel Number: 025200906 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Nj North Property Llc
Bought by
Kim Jihyun
Current Estimated Value
$872,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 1, 2020
Sold by
Lau Christian J and Lau Christian J
Bought by
Nj North Property Llc
Seller's Agent
Ellen McCourt
Coldwell Banker, Hillsdale
Buyer's Agent
John Falcone
RE/MAX Real Estate Limited
List Price
$349,000
Sold Price
$400,000
Premium/Discount to List
$51,000
14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
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
Kim Jihyun $800,000 Fidelity National Ttl Ins Co
Nj North Property Llc $400,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jihyun $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $400,000 +14.6% $120 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $349,000 -- $105 / 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
2024 $12,928 $334,400 $198,400 $136,000
2023 $12,373 $334,400 $198,400 $136,000
2022 $12,373 $334,400 $198,400 $136,000
2021 $12,129 $334,400 $198,400 $136,000
2020 $11,938 $334,400 $198,400 $136,000
2019 $11,597 $334,400 $198,400 $136,000
2018 $11,353 $334,400 $198,400 $136,000
2017 $11,243 $334,400 $198,400 $136,000
2016 $10,988 $334,400 $198,400 $136,000
2015 $10,758 $334,400 $198,400 $136,000
2014 $10,778 $334,400 $198,400 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20031862

New Jersey MLS

APN: 52-00906-0000-00015