NOT LISTED FOR SALE

423 Sherman Place Fairview, NJ 07022

Estimated Value: $645,000 - $813,000

6 Beds
4 Baths
1,974 Sq Ft
$385/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $570,000 $289 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,324/month

149 Days on Market

About This Home

As of January 2022

Great spacious 2 Family in a desirable section in Fairview. First floor unit 3 bed ,2 baths and second floor 2 bed 1 full bath.2 car garage & 5 car driveway .The home also features a full finished basement.Conveniently located few minutes from NYC transportation. Yard with a pool."SOLD AS IS".SHOWING WILL BEGING 8/14/2021. 1 PM TO 4 PM.

Last Agent to Sell the Property

Yolanda Duarte

Pro Realty LLC Listed on: 08/08/2021

Last Buyer's Agent

Yolanda Duarte

Pro Realty LLC Listed on: 08/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,940

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 6 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Laundry in Basement

Listing and Financial Details

  • Legal Lot and Block 00024 / 00227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,940

Lot Details

0

Parking

6

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (973) 826-9733
  • MLS Status: Sold - Sold
  • Directions: off Bergen BLV
  • Architectural Style: 2 Family
  • Year Built Details: 1990's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Remarks: finished with full bath

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 6.0

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Dimensions: 50x100
  • Lot Size Sq Ft: 5000.0

Tax Info

  • Tax Annual Amount: 9940.0
  • Tax Block: 00227
  • Tax Lot: 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Jan 10, 2022
Sold by
Marilea Alejo
Bought by
5 Brothers Desoto Llc
Seller's Agent
Yolanda Duarte
Pro Realty LLC
Buyer's Agent
Yolanda Duarte
Pro Realty LLC
List Price
$725,000
Sold Price
$570,000
Premium/Discount to List
-$155,000
-21.38%
Current Estimated Value
$788,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,309
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Mele Michael and Mele Antonia
Bought by
Alejo Marino and Alejo Marilea
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
5 Brothers Desoto Llc $570,000 Mohammed Amin Llc
5 Brothers Desoto Llc $570,000 None Listed On Document
Alejo Marino $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Five Brothers Desoto Llc $456,000
Previous Owner Alejo Marilea $194,059
Previous Owner Alejo Marilea $84,989
Previous Owner Alejo Marilea $302,197
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $570,000 -14.9% $289 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
11/03/2021 11/03/21 Price Changed $670,000 -7.6% $339 / Sq Ft
09/23/2021 09/23/21 For Sale $725,000 0.0% $367 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $725,000 -- $367 / 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 $11,637 $519,500 $226,000 $293,500
2024 $10,821 $503,100 $217,500 $285,600
2023 $10,390 $478,600 $202,500 $276,100
2022 $10,390 $446,900 $185,000 $261,900
2021 $10,075 $406,400 $177,500 $228,900
2020 $9,939 $384,200 $175,000 $209,200
2019 $10,320 $307,500 $135,000 $172,500
2018 $10,350 $307,500 $135,000 $172,500
2017 $10,025 $307,500 $135,000 $172,500
2016 $9,474 $307,500 $135,000 $172,500
2015 $8,976 $307,500 $135,000 $172,500
2014 $8,776 $307,500 $135,000 $172,500
Source: Public Records

Agents Affiliated with this Home

  • Yolanda Duarte

    Seller's Agent in 2022

    Yolanda Duarte

    Pro Realty LLC

    (201) 218-3103

    2 in this area

    8 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 21032413

New Jersey MLS

APN: 18-00227-0000-00024

New Jersey Bergen County Fairview 07022

423 Sherman Place, Fairview, NJ

This home is located at 423 Sherman Place, Fairview, NJ 07022 since 08 August 2021 and is currently estimated at $760,349, approximately $385 per square foot. 423 Sherman Place is a home located in Bergen County with nearby schools including The Annex Elementary School, Lincoln Elementary School, and Number Three School.

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.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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