NOT LISTED FOR SALE

408 Park Ave Fairview, NJ 07022

Estimated Value: $771,000 - $843,000

4 Beds
2.5 Baths
2,220 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 11, 2021

Last sale price $600,000 $270 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,402/month

47 Days on Market

About This Home

As of December 2021

Great investment opportunity! Two family top/bottom located on quiet, tree lined street. Bottom floor has spacious living room, 2 bedrooms, eat in kitchen, full bath, spare room that can be used as a den/office, and access to partially finished basement with half bath. Top unit has living room, 2 bedrooms, eat in kitchen, and full bath. Just one block away from main ave and transportation to NYC via bus.

Last Agent to Sell the Property

Alejandro Mederos

Coldwell Banker, Alpine/Closter Listed on: 08/14/2021

Last Buyer's Agent

Josie Villagomez

Pro Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,407

Lot Details

  • 3,698 Sq Ft Lot
  • Lot Dimensions are 37x100

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 00005 / 00411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,407

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-767-0550
  • MLS Status: Sold - Sold
  • Directions: Anderson Ave to Park Ave
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Basement Remarks: PARTIALLY FINISHED W/ HB

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

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

Lot Info

  • Lot Dimensions: 37x100
  • Lot Size Sq Ft: 3698.0

Tax Info

  • Tax Annual Amount: 10407.0
  • Tax Block: 00411
  • Tax Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Dec 9, 2021
Sold by
Accardo Diane and Accardo Donato
Bought by
Carvajal Jeremy
Seller's Agent
Alejandro Mederos
Coldwell Banker, Alpine/Closter
Buyer's Agent
Josie Villagomez
Pro Realty LLC
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%
Current Estimated Value
$805,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,513
Avg. Annual Appreciation
8.13%
Original Mortgage
$450,000
Interest Rate
2.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Carvajal Jeremy $600,000 Lambrinides Socrates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carvajal Jeremy $450,000
Previous Owner Carvajal Jeremy $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2021 12/11/21 Sold $600,000 -6.3% $270 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $640,000 -- $288 / 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 $13,316 $600,800 $225,000 $375,800
2024 $12,854 $575,700 $210,000 $365,700
2023 $12,364 $568,500 $205,000 $363,500
2022 $12,364 $531,800 $187,000 $344,800
2021 $10,583 $426,900 $172,500 $254,400
2020 $10,408 $402,300 $170,000 $232,300
2019 $10,632 $316,800 $131,300 $185,500
2018 $10,663 $316,800 $131,300 $185,500
2017 $10,328 $316,800 $131,300 $185,500
2016 $9,761 $316,800 $131,300 $185,500
2015 $9,247 $316,800 $131,300 $185,500
2014 $9,041 $316,800 $131,300 $185,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21033356

New Jersey MLS

APN: 18-00411-0000-00005