NOT LISTED FOR SALE

475 Colonial Terrace Unit 1 Hackensack, NJ 07601

Estimated Value: $280,457 - $302,000

2 Beds
1 Bath
-- Sq Ft
218 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $225,000

Est. 28% increase in value since last sale

Current estimated payment $2,090/month

9 Days on Market

Highlights

  • Property is near public transit
  • Laundry Facilities
  • 4-minute walk to The Esplanade Park

About This Home

As of August 2020

Location, Location! This unique first floor garden style condo features 2 bedrooms, one full bathroom, large living room, separate dining, updated kitchen and hardwood floors throughout the entire unit. Perfectly situated in a quit residential neighborhood, close to parks, shopping and just STEPS away from several NYC bus stops + train station. Maintenance includes heat, common area and water. One parking space, garages available for rent. Commuter's dream! MUST see!

Last Agent to Sell the Property

Christopher James

Keller Williams Village Square Realty Listed on: 06/03/2020

Keller Williams Village Square Realty

Last Buyer's Agent

Keishonda McClendon

Coldwell Banker, Alpine/Closter

Coldwell Banker, Alpine/Closter

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,351

Lot Details

  • 218

Home Design

  • Built in the 1940s
  • Condominium

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 022300354 00037 0001

Community Details

Overview

  • $459 Maintenance Fee
  • Association Phone (973) 228-5477
  • Property managed by Cedar Crest Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,351

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Condo
  • Lifestyle: Close/Trans
  • Views/Exposure: None
  • Year Built: 1940's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Ov/Rg/Gas, Refrigerator
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: None
  • Laundry: Onsite

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: O/See Remk

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Win/AC

Condo/Co-op/Association

  • Condo Number: 0001

Association/Amenities

  • Maintenance Charges: 459.24
  • Mgmt Company: Cedar Crest Property
  • Management Phone: (973) 228-5477

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00037

Rental Info

  • Pets: None

Tax Info

  • Tax: 5351
  • Assessor Parcel Number: 022300354 00037 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 10, 2020
Sold by
Wallace Linda
Bought by
Montano Sasha
Seller's Agent
Christopher James
Keller Williams Village Square Realty
Buyer's Agent
Keishonda McClendon
Coldwell Banker, Alpine/Closter
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$288,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,152
Avg. Annual Appreciation
5.20%
Original Mortgage
$218,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Sep 30, 2014
Sold by
Dealessi Laura C
Bought by
Wallace Linda
Buyer's Agent
BARBARA OSTROTH
COLDWELL BANKER REALTY ALP
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$113,960
Interest Rate
4.12%
Mortgage Type
FHA
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
Montano Sasha $225,000 First American Title Ins Co
Wallace Linda $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montano Sasha $218,250
Previous Owner Wallace Linda $116,250
Previous Owner Wallace Linda $113,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $225,000 +2.3% --
06/12/2020 06/12/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $219,900 +57.1% --
09/30/2014 09/30/14 Sold $140,000 -- --
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
2024 $5,977 $207,600 $105,000 $102,600
2023 $5,531 $207,600 $105,000 $102,600
2022 $5,531 $197,400 $100,000 $97,400
2021 $5,551 $165,300 $88,000 $77,300
2020 $5,470 $165,300 $88,000 $77,300
2019 $5,351 $159,400 $86,000 $73,400
2018 $5,123 $150,100 $86,500 $63,600
2017 $5,054 $148,000 $85,000 $63,000
2016 $4,976 $147,300 $85,000 $62,300
2015 $5,366 $153,300 $61,000 $92,300
2014 $4,593 $153,300 $61,000 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20019715

New Jersey MLS

APN: 23-00354-0000-00037-0000-C0001