NOT LISTED FOR SALE

461 Colfax Rd Wayne, NJ 07470

Estimated Value: $692,000 - $780,000

3 Beds
2 Baths
2,322 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $495,000 $213 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,132/month

64 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Schuyler-Colfax Middle School Rated A
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of October 2021

Welcome to an amazing expanded ranch in Wayne. Beautiful overlooking view with abundant trees, soft traffic, and friendly neighborhoods. 18,800 sqft of land, 2,322 sqft of living space.

Last Agent to Sell the Property

SIMON S.K. KIM

RE/MAX NOW Listed on: 04/14/2021

Last Buyer's Agent

Yusuf Gulal

ALEXANDER ANDERSON REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,718

Year Built

  • Built in 1961

Lot Details

  • 0.43 Acre Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,322 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bidet
  • Separate Shower

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Central Air
  • Standard Electricity
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2514-03516-0000-00051-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,718

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1961
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 461
  • Directions: Route 202 to Colfax Rd
  • I D: 5062926
  • Modified: 2022-10-14
  • Number Images: 20
  • First Name: SIMON S.K.
  • First Name3: YUSUF G.
  • Last Name: KIM
  • Last Name3: GULAL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Electric, Refrigerator
  • Interior Amenities: Skylight
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Bidet, Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Den Level: Ground
  • Family Room Level: First
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Level: First
  • Other Room 2: FamilyRm
  • Other Room2 Level: Ground
  • Other Room 3: Laundry Room
  • Other Room3 Level: Ground
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room, Sunroom
  • Estimated Sq Ft: 2322
  • Ground Level Rooms: Family Room, GarEnter, Laundry Room, Office, Utility Room
  • Phone: 201-886-8888

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: OilAbIn
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Well

Lot Info

  • Lot Size: 18861
  • Assessed Improvement Value: 111100
  • Assessed Land Value: 97300
  • Assessment: 208400
  • Lot Description: Lake/Water View
  • Lot Identifier: 51
  • Lot I D Tax: *
  • Total Acres: 0.43

Rental Info

  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11718
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-03516-0000-00051-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.623
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Oct 7, 2021
Sold by
Lee Kyoung H and Lee Young Oh
Bought by
Yigit Yilmaz
Seller's Agent
SIMON S.K. KIM
RE/MAX NOW
Buyer's Agent
Yusuf Gulal
ALEXANDER ANDERSON REAL ESTATE
List Price
$498,000
Sold Price
$495,000
Premium/Discount to List
-$3,000
-0.6%
Current Estimated Value
$749,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,554
Avg. Annual Appreciation
11.54%
Original Mortgage
$473,442
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 20, 2012
Closed on
Aug 16, 2012
Sold by
Pittman James and Yang Yunbo
Bought by
Oh Lee Kyoung H and Oh Lee Young
Seller's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
JINKEUN CHANG
REALTY ONE, LLC
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$250,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Melillo John K
Bought by
Pittman James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.66%
Mortgage Type
Unknown
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
Yigit Yilmaz $495,000 Safe Land Title Agency Llc
Oh Lee Kyoung H $330,000 Old Republic Natioanl Title
Pittman James $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yigit Yilmaz $473,442
Previous Owner Lee Kyoung H $231,000
Previous Owner Oh Lee Kyoung H $250,000
Previous Owner Pittman James W $488,000
Previous Owner Pittman James $91,500
Previous Owner Pittman James W $70,000
Previous Owner Pittman James $448,000
Previous Owner Melillo John K $300,000
Previous Owner Melillo John K $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $495,000 -0.6% $213 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $498,000 0.0% $214 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $498,000 +50.9% $214 / Sq Ft
08/20/2012 08/20/12 Sold $330,000 -- $142 / 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 $11,916 $208,400 $97,300 $111,100
2022 $11,783 $208,400 $97,300 $111,100
2021 $11,770 $208,400 $97,300 $111,100
2020 $11,718 $208,400 $97,300 $111,100
2019 $11,491 $208,400 $97,300 $111,100
2018 $11,389 $208,400 $97,300 $111,100
2017 $11,285 $208,400 $97,300 $111,100
2016 $11,126 $208,400 $97,300 $111,100
2015 $10,993 $208,400 $97,300 $111,100
2014 $10,683 $208,400 $97,300 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3704723

Garden State MLS

APN: 14-03516-0000-00051