NOT LISTED FOR SALE

463 River Dr Garfield, NJ 07026

Estimated Value: $659,688

Studio
-- Bath
-- Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: August 16, 2023

Last sale price $575,000

Est. 15% increase in value since last sale

Current estimated payment $4,885 / mo

93 Days on Market

About This Home

As of August 2023

Excellent investment opportunity for a NJ Licensed Rooming House! This home offers 11 rentable rooms (each room with a full bathroom). Currently 6 rooms are rented (month to month) and 5 rooms are vacant. Attached garage in rear. Property is located within close proximity to mass transit, schools, shops and parks!

Last Agent to Sell the Property

Katarzyna Rozmus

United Real Estate Listed on: 01/30/2023

United Real Estate

Last Buyer's Agent

Rudra Parikh

Keller Williams Park Views

Keller Williams Park Views

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,097

Lot Details

  • 2,614

Property Details

Property Type

Other

Est. Annual Taxes

$15,097

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (973) 340-3300
  • MLS Status: Sold - Sold
  • Directions: River Dr
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Peaked

Lot Info

  • Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Jul 26, 2023
Sold by
463 River Drive Llc
Bought by
463 Rooming House Llc
Seller's Agent
Katarzyna Rozmus
United Real Estate
Buyer's Agent
Rudra Parikh
Keller Williams Park Views
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Current Estimated Value
$659,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,688
Avg. Annual Appreciation
5.28%
Original Mortgage
$450,000
Outstanding Balance
$440,029
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$219,659

Purchase Details

Closed on
May 21, 2003
Source: Public Records
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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
463 Rooming House Llc $575,000 Sunnyside Title
463 Rooming House Llc $575,000 Sunnyside Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 463 Rooming House Llc $450,000
Closed 463 Rooming House Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $575,000 -4.2% --
05/03/2023 05/03/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $599,900 -- --
Source: New Jersey MLS

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 $16,638 $498,600 $78,300 $420,300
2024 $16,359 $498,600 $78,300 $420,300
2023 $15,551 $498,600 $78,300 $420,300
2022 $15,551 $498,600 $78,300 $420,300
2021 $15,098 $498,600 $78,300 $420,300
2020 $14,769 $498,600 $78,300 $420,300
2019 $14,489 $498,600 $78,300 $420,300
2018 $14,165 $498,600 $78,300 $420,300
2017 $13,916 $498,600 $78,300 $420,300
2016 $13,502 $498,600 $78,300 $420,300
2015 $13,168 $498,600 $78,300 $420,300
2014 $12,819 $498,600 $78,300 $420,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23002733

New Jersey MLS

APN: 21-00080-0000-00002-01

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