NOT LISTED FOR SALE

47 Hinchman Ave Unit 1A Wayne, NJ 07470

Estimated Value: $341,078 - $369,000

2 Beds
1 Bath
889 Sq Ft
610 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $273,000 $307 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,363/month

134 Days on Market

About This Home

As of August 2023

2 bedroom unit in Valley Terrace! This first floor unit is conveniently located near NYC transportation, major highways, schools and shopping. Enter into the living room, which offers large windows that give off natural light. The dining room is spacious and leads into the kitchen with stainless steel appliances, custom cabinetry and granite countertops. Opening in the kitchen overlooks the living room. Storage will not be an issue in this kitchen as there is plenty of storage to go around. The primary bedroom offers a large closet and the second bedroom also offers ample closet space. Full bathroom features tub shower and storage vanity. The Valley Terrace community offers association pool.

Last Agent to Sell the Property

Eugene Lowe

Howard Hanna Rand Realty Listed on: 09/12/2022

Howard Hanna Rand Realty

Last Buyer's Agent

Karen Peters

Coldwell Banker, Wayne

Coldwell Banker, Wayne

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,732

Lot Details

  • 610

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • John F. Kennedy Elementary School
  • Schuyler-Colfax Elementary Middle School
  • Wayne Hills High School

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,732

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: (973) 694-6500
  • MLS Status: Sold - Sold
  • Directions: Valley Road to Knox Terrace to Hinchman Avenue
  • Year Built Details: 1960's
  • PropertySubTypeAdditional: Low/Gard
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Laundry: None

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 1.0

Schools

  • Elementary School: John F. Kennedy
  • High School: Wayne Hills H.S
  • Middle Or Junior School: Schuyler-Colfax E.S.
  • Elementary: John F. Kennedy

Lot Info

  • Lot: 00001

MLS Schools

  • High School Text: Wayne Hills H.S

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Aug 16, 2023
Sold by
Salemme John and Cardillo Rosemarie
Bought by
Ventura Lauren Marie
Seller's Agent
Eugene Lowe
Howard Hanna Rand Realty
Buyer's Agent
Karen Peters
Coldwell Banker, Wayne
List Price
$275,000
Sold Price
$273,000
Premium/Discount to List
-$2,000
-0.73%
Views
151
Current Estimated Value
$350,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,770
Avg. Annual Appreciation
12.55%
Original Mortgage
$245,500
Outstanding Balance
$239,906
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$110,864

Purchase Details

Closed on
Aug 12, 2015
Sold by
Cardillo Rosemarie and Estate Of Egilda Salemme
Bought by
Salemme John and Cardillo Rosemarie

Purchase Details

Closed on
Jul 29, 1997
Sold by
Berman Ronald and Berman Faith
Bought by
Salemme Egilda
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
Ventura Lauren Marie $273,000 Westcor Land Title
Ventura Lauren Marie $273,000 Westcor Land Title
Salemme John -- None Available
Salemme Egilda $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura Lauren Marie $245,500
Closed Ventura Lauren Marie $245,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $273,000 -0.7% $307 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
09/12/2022 09/12/22 For Sale $275,000 -- $309 / 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 $6,035 $101,500 $44,400 $57,100
2024 $5,804 $101,500 $44,400 $57,100
2022 $5,739 $101,500 $44,400 $57,100
2021 $5,733 $101,500 $44,400 $57,100
2020 $5,707 $101,500 $44,400 $57,100
2019 $5,597 $101,500 $44,400 $57,100
2018 $5,547 $101,500 $44,400 $57,100
2017 $5,496 $101,500 $44,400 $57,100
2016 $5,419 $101,500 $44,400 $57,100
2015 $5,354 $101,500 $44,400 $57,100
2014 $5,203 $101,500 $44,400 $57,100
Source: Public Records

Agents Affiliated with this Home

  • Eugene Lowe

    Seller's Agent in 2023

    Eugene Lowe

    Rand Realty

    (973) 513-3393

    107 in this area

    517 Total Sales

    Eugene Lowe
    Section Image
  • Karen Peters

    Buyer's Agent in 2023

    Karen Peters

    Coldwell Banker, Wayne

    (862) 400-2933

    62 in this area

    541 Total Sales

    Karen Peters
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22033684

New Jersey MLS

APN: 14-02802-0000-00001-0000-C0293

New Jersey Passaic County Wayne 07470

47 Hinchman Ave Unit 1A, Wayne, NJ

This home is located at 47 Hinchman Ave Unit 1A, Wayne, NJ 07470 since 12 September 2022 and is currently estimated at $350,770, approximately $394 per square foot. 47 Hinchman Ave Unit 1A is a home located in Passaic County with nearby schools including John F. Kennedy Elementary School, Anthony Wayne Middle School, and Wayne Hills High 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

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

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