NOT LISTED FOR SALE

41 Lake Ave Pompton Lakes, NJ 07442

Estimated Value: $506,000 - $562,000

4 Beds
1 Bath
1,400 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $241,000 $172 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,794/month

62 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Eat-In Kitchen
  • Pompton Lakes High School Rated A-
  • Main Floor Bedroom
  • Privacy Fence

About This Home

As of April 2016

Very nice home with wonderful deep lot. All fenced in nicely with newer deck in rear. Newer roof , updated siding and windows. Basement has plenty of space for recreation & storage. Conveniently located within close proximity to Pompton lake. Short distance to NJ Transit and easy access by car to Rt 208,287 and Rt 23. Downtown area offers loads of shops, restaurants and services. Pompton Lakes is a great little town and is situated within a 3 square mile area. Schools and recreation are rated good to very good. Town has Theatre with live perfomances from "Rhino productions" Pompton Lakes is the home of State champion sport teams. Come see what this home and it's community have to offer.

Last Agent to Sell the Property

Frank Abate

KELLER WILLIAMS PROSPERITY REALTY Listed on: 11/18/2015

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • 1,400 Sq Ft Home
  • Cape Cod Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

  • Lenox Elementary School
  • Lakeside Middle School
  • Pompton Lakes High School

Utilities

  • Window Unit Cooling System
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2509-04300-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,834

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 41
  • Directions: Colfax to lake
  • I D: 4583217
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: FRANK
  • First Name3: DAWN
  • Last Name: ABATE
  • Last Name3: REYNOLDS
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven-Gas
  • Number Rooms: 6
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Finished-Partially
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x12
  • Kitchen Level: First
  • Living Room Dim: 13x21
  • Living Room Level: First
  • Estimated Sq Ft: 1400
  • Phone: 201-337-6600

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Privacy Fence, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: LENOX
  • Middle School: LAKESIDE
  • High School: POMPTON LAKES
  • High School: POMPTON LAKES
  • Middle Jr High School: LAKESIDE

Lot Info

  • Lot Size: 50X145
  • Assessed Improvement Value: 66000
  • Assessed Land Value: 52100
  • Assessment: 118100
  • Lot Description: Level Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7834
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2509-04300-0000-00003-0000-
  • Tax Rate Amount: 6.634
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LENOX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2016
Sold by
Mercado Jose
Bought by
Mercado Jose J and Mercado Barbara R
Current Estimated Value
$534,818

Purchase Details

Listed on
Nov 18, 2015
Closed on
Mar 16, 2016
Sold by
Marcus Loren and Boriuca Ersin
Bought by
Mercado Jose
Seller's Agent
Frank Abate
KELLER WILLIAMS PROSPERITY REALTY
List Price
$224,900
Sold Price
$241,000
Premium/Discount to List
$16,100
7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,634
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2009
Sold by
Swan Barbara
Bought by
Marcus Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
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
Mercado Jose J -- Allied Title Llc
Mercado Jose $241,000 Agent For First Amer Title I
Marcus Loren $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Jose J $210,500
Closed Mercado Jose $236,634
Previous Owner Marcus Loren $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $241,000 +7.2% $172 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $224,900 -- $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
2024 $10,397 $271,100 $122,900 $148,200
2022 $10,318 $271,100 $122,900 $148,200
2021 $10,207 $271,100 $122,900 $148,200
2020 $10,185 $271,100 $122,900 $148,200
2019 $9,947 $271,100 $122,900 $148,200
2018 $9,773 $271,100 $122,900 $148,200
2017 $8,213 $118,100 $52,100 $66,000
2016 $8,123 $118,100 $52,100 $66,000
2015 $8,069 $118,100 $52,100 $66,000
2014 $7,835 $118,100 $52,100 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3267348

Garden State MLS

APN: 09-04300-0000-00003