NOT LISTED FOR SALE

473 Fairview Ave Colonia, NJ 07067

Estimated Value: $483,110 - $581,000

3 Beds
1.5 Baths
1,580 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $450,000 $285 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,582/month

69 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit and shops
  • Private Yard
  • Deck
  • Wood Flooring
  • 2-minute walk to Merrill Park

About This Home

As of December 2022

Want charm? This home offers abundance of it!! This brightly lit home will make you fall in love!! High ceilings, big windows, this home is right out of a vintage book. The study on the first floor is ideal for work for home scenarios and the 3 bedrooms upstairs are graciously sized. Don't miss the deck and the gazebo if you love to entertain. This home is a must see because to see is to fall in love !!!

Last Agent to Sell the Property

shashi aggarwal

NON-MEMBER OFFICE Listed on: 10/13/2022

Co-Listed By

Sahil Aneja

ON TRACK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1915

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 125.00 x 75.00
  • Private Yard
  • Property is zoned R-7.5

Parking

  • 1 Car Detached Garage
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Utility Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and shops

Community Details

  • Merrill Park/Colonia Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,448

Year Built

Built in 1915

Lot Details

9,374 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2152
  • Lot Size: 125.00 x 75.00
  • Co List Office Mls Id: ONTR
  • Ownership: Fee Simple
  • Subdivision Name: Merrill Park/Colonia
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1915
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen, Separate Dining Area
  • Appliances: Gas Range/Oven, Exhaust Fan, Refrigerator, Gas Water Heater
  • Has Basement: Full, Utility Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Kitchen, Library/Office, Den, Dining Room, 3 Bedrooms, Bath Main
  • Living Area: 1580
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Exterior Features: Yard
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, Detached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 9374
  • Zoning: R-7.5

Tax Info

  • Tax Annual Amount: 8448
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 21, 2022
Sold by
Polese Helen D
Bought by
Sufyan Muhammad and Rehman Wajeeha
Seller's Agent
shashi aggarwal
NON-MEMBER OFFICE
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
42
Current Estimated Value
$542,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,028
Avg. Annual Appreciation
5.91%
Original Mortgage
$360,000
Outstanding Balance
$348,444
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$193,584

Purchase Details

Closed on
Jan 15, 1997
Sold by
Falco Gregory
Bought by
Polese Richard and Polese Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sufyan Muhammad $450,000 Stewart Title
Polese Richard $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sufyan Muhammad $360,000
Previous Owner Polese Richard $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $450,000 -3.4% $285 / Sq Ft
10/27/2022 10/27/22 Price Changed $466,000 -1.9% $295 / Sq Ft
10/13/2022 10/13/22 For Sale $475,000 -- $301 / Sq Ft
Source: All 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 $9,127 $74,600 $26,500 $48,100
2024 $8,745 $74,600 $26,500 $48,100
2023 $8,745 $74,600 $26,500 $48,100
2022 $8,521 $74,600 $26,500 $48,100
2021 $8,190 $74,600 $26,500 $48,100
2020 $8,190 $74,600 $26,500 $48,100
2019 $8,092 $74,600 $26,500 $48,100
2018 $7,833 $74,600 $26,500 $48,100
2017 $7,691 $74,600 $26,500 $48,100
2016 $7,629 $74,600 $26,500 $48,100
2015 $7,500 $74,600 $26,500 $48,100
2014 $7,339 $74,600 $26,500 $48,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2304745R

All Jersey MLS

APN: 25-00424-06-00580

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