$217,000 - $307,000
RENTED APR 17, 2025

475 Colonial Terrace Unit 5 Hackensack, NJ 07601

2 Beds
1 Bath
-- Sq Ft
1949 Built

Last Sold February 03, 2025

Last sale price $287,000

Est. 1% decrease in value since last sale

Current estimated payment $2,058/month

About This Home

As of April 2025

First floor 2 bed/1 bath condo. Stainless steel appliances in the kitchen, open living/dining space, good sized bedrooms, and ample storage. Includes 1 off street parking space, laundry room in building complex, and easy access to NYC transportation. Heat and hot water provided by Landlord. Tenant pays electric.

Last Agent to Rent the Property

Gina Gerszberg

Douglas Elliman of NJ Listed on: 03/18/2025

Douglas Elliman of NJ

Last Renter's Agent

Gina Gerszberg

Douglas Elliman of NJ Listed on: 03/18/2025

Douglas Elliman of NJ

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,922

Year Built

  • 1949

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Additional Features

  • Views to the North
  • Gas Oven or Range

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,922

Year Built

1949

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • View Type:Pond View: North
  • NAV29_Unit_1_Appliances: Heat, Hot Water, Ov/Rang/Gs, Refrigerator
  • Reso Association Amenities: None
  • Reso Pets Allowed: No
  • Co List Office Phone: 201-721-8610
  • MLS Status: Leased - Leased
  • Directions: Passaic St to Esplanade to Colonial Ter
  • Reso Fireplace Features: None
  • Year Built Details: 1940's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 1949

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: No

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Parking Features: Parking Spaces

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Radiant Floor

Lot Info

  • Lot: 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 24, 2025
Sold by
One Powers Street Llc
Bought by
Adepoju Grace A
Seller's Agent
Sal Poliandro
RE/MAX Properties-Saddle River
Buyer's Agent
Gina Gerszberg
Douglas Elliman of NJ
List Price
$295,000
Sold Price
$287,000
Premium/Discount to List
-$8,000
-2.71%
Views
200
Current Estimated Value
$283,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,780
Avg. Annual Appreciation
-2.67%
Original Mortgage
$195,000
Outstanding Balance
$194,682
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$88,538

Purchase Details

Listed on
Nov 24, 2021
Closed on
Nov 20, 2021
Sold by
Velazquez Felipe and Fuentes Daylis
Bought by
One Powers Street Llc
Seller's Agent
Sal Poliandro
RE/MAX Properties-Saddle River
Buyer's Agent
CRAIG WILSON
HomeSmart First Advantage Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Paulino Felix and Quiroz Dayana
Bought by
Velazquez Felipe and Fuentes Daylis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 29, 2006
Sold by
O'Reilly Thomas
Bought by
Paulino Felix and Quiroz Dayana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.32%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Maleski Gary
Bought by
O'Reilly Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,920
Interest Rate
7.2%
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
Adepoju Grace A $287,000 Fidelity National Title
One Powers Street Llc $210,000 Liberty Abstract Inc
Velazquez Felipe $132,000 Old Republic National Title
Paulino Felix $248,000 --
O'Reilly Thomas J $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adepoju Grace A $195,000
Previous Owner Velazquez Felipe $105,600
Previous Owner Paulino Felix $198,400
Previous Owner O'Reilly Thomas J $99,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Rented -- -- --
03/18/2025 03/18/25 For Rent $2,300 0.0% --
02/03/2025 02/03/25 Sold $287,000 -2.7% --
12/22/2024 12/22/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $295,000 0.0% --
12/28/2022 12/28/22 Rented $2,350 +4.4% --
11/23/2022 11/23/22 For Rent $2,250 +4.7% --
12/15/2021 12/15/21 Rented $2,150 0.0% --
11/30/2021 11/30/21 Price Changed $2,150 +2.4% --
11/24/2021 11/24/21 For Rent $2,100 0.0% --
11/22/2021 11/22/21 Sold $210,000 -4.5% --
10/27/2021 10/27/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $220,000 -- --
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 $5,922 $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 $5,319 $158,400 $88,000 $70,400
2020 $5,241 $158,400 $88,000 $70,400
2019 $5,133 $152,900 $86,000 $66,900
2018 $4,939 $144,700 $86,500 $58,200
2017 $4,873 $142,700 $85,000 $57,700
2016 $4,800 $142,100 $85,000 $57,100
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

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Map

Source: New Jersey MLS

MLS Number: 25008551

New Jersey MLS

APN: 23-00354-0000-00037-0000-C0005