NOT LISTED FOR SALE

475 Colonial Terrace Unit 3 Hackensack, NJ 07601

Estimated Value: $251,000 - $294,298

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

Last Sold October 21, 2024

Last sale price $241,000

Est. 11% increase in value since last sale

Current estimated payment $1,934/month

121 Days on Market

About This Home

As of October 2024

Fantastic 1st Floor unit at Suburban Terrace! An easy low 2-step entrance at front door! 2 Bedrooms and 1 Bath unit with Hardwood Floors throughout! Suburban Terrace is a beautifully maintained garden style condominium complex located in Northwest section of the City! Easy/Quick access to Route 4, Route 17 and Route 80 to all points! Walking distance to Hackensack train station! Updated Kitchen! Prepare your finishing touches and you will have a great home - likely cheaper than rent! Preview today and end the search! SOLD AS-IS. The Freddie Mac First Look Initiative limits offers from being entertained during the first 20 days of listing to owner occupant and non-profit buyers. Investor offers will be responded to after the first look period ends on 06/05/2024 20 days after the Initial Listing date (05/15/2024). Seller has requested HIGHEST AND BEST offers by August 22nd, 2024 @ 11:59PM MST.

Last Agent to Sell the Property

Patrick Lynch

eRealty Advisors, Inc. Listed on: 05/15/2024

eRealty Advisors, Inc.

Last Buyer's Agent

Grace Perez

Coldwell Banker, Hillsdale

Coldwell Banker, Hillsdale

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,922

Lot Details

  • 218

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Nellie K Parker Elementary School
  • Hackensack Middle School
  • Hackensack High School

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: REO
  • PropertySubType: Condominium
  • Co List Office Phone: (201) 768-6868
  • MLS Status: Sold - Sold
  • Directions: Esplanade North - Right on Colonial Terrace #475 - Unit 3
  • Year Built Details: 1940'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: Basement,Coin/Card

Exterior Features

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

Schools

  • Elementary School: Nellie K Parker E.S.
  • High School: Hackensack H.S.
  • Middle Or Junior School: Hackensack M.S.
  • Elementary: Nellie K Parker E.S.

Lot Info

  • Lot: 00037

MLS Schools

  • High School Text: Hackensack H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 18, 2024
Sold by
Towd Point Mortgage Trust and Us Bank National Association
Bought by
Medina Michael
Seller's Agent
Patrick Lynch
eRealty Advisors, Inc.
Buyer's Agent
Grace Perez
Coldwell Banker, Hillsdale
List Price
$267,750
Sold Price
$241,000
Premium/Discount to List
-$26,750
-9.99%
Views
238
Current Estimated Value
$268,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,099
Avg. Annual Appreciation
9.89%
Original Mortgage
$233,770
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2023
Sold by
Sheriff / The County / Bergen
Bought by
Towd Point Mortgage Trust and Us Bank National Association

Purchase Details

Closed on
Jun 21, 2006

Purchase Details

Closed on
Aug 23, 2005
Sold by
Flores Jonathan
Bought by
Mctigue Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.68%

Purchase Details

Closed on
Aug 15, 2003
Sold by
Boggess Loir
Bought by
Flores Jonathan and Colon Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
6.22%

Purchase Details

Closed on
Sep 15, 2000
Sold by
Donohue Thomas M
Bought by
Boggess Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.94%

Purchase Details

Closed on
Oct 16, 1998
Sold by
Maresca Warren
Bought by
Donahue Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medina Michael $241,000 None Listed On Document
Medina Michael $241,000 None Listed On Document
Medina Michael $241,000 None Listed On Document
Towd Point Mortgage Trust -- None Listed On Document
Towd Point Mortgage Trust -- None Listed On Document
-- $265,000 --
Mctigue Monika $250,000 --
Flores Jonathan $146,000 --
Boggess Lori A $105,000 --
Donahue Thomas M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Michael $233,770
Previous Owner Mctigue Monika $200,000
Previous Owner Flores Jonathan $138,700
Previous Owner Boggess Lori A $94,500
Previous Owner Donahue Thomas M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $241,000 -0.7% --
09/13/2024 09/13/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $242,750 -9.3% --
07/23/2024 07/23/24 For Sale $267,750 0.0% --
06/17/2024 06/17/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $267,750 -- --
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 $6,286 $205,700 $105,000 $100,700
2024 $5,922 $205,700 $105,000 $100,700
2023 $5,481 $205,700 $105,000 $100,700
2022 $5,481 $195,600 $100,000 $95,600
2021 $5,504 $163,900 $88,000 $75,900
2020 $5,423 $163,900 $88,000 $75,900
2019 $5,304 $158,000 $86,000 $72,000
2018 $5,085 $149,000 $86,500 $62,500
2017 $5,017 $146,900 $85,000 $61,900
2016 $4,939 $146,200 $85,000 $61,200
2015 $5,366 $153,300 $61,000 $92,300
2014 $5,093 $153,300 $61,000 $92,300
Source: Public Records

Agents Affiliated with this Home

  • Patrick Lynch

    Seller's Agent in 2024

    Patrick Lynch

    eRealty Advisors, Inc.

    (845) 304-3187

    2 in this area

    40 Total Sales

    Patrick Lynch
    Section Image
  • Grace Perez

    Buyer's Agent in 2024

    Grace Perez

    Coldwell Banker, Hillsdale

    (201) 757-8057

    2 in this area

    40 Total Sales

    Grace Perez
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24015047

New Jersey MLS

APN: 23-00354-0000-00037-0000-C0003

New Jersey Bergen County Hackensack 07601

475 Colonial Terrace Unit 3, Hackensack, NJ

Not Listed for Sale

Condos

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