NOT LISTED FOR SALE

48 Prospect Rd Wayne, NJ 07470

Estimated Value: $559,000 - $652,000

3 Beds
2 Baths
1,224 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $390,000 $319 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,094/month

103 Days on Market

Highlights

  • Second Kitchen
  • Above Ground Pool
  • Wood Flooring
  • Randall Carter School Rated A-
  • Ranch Style House
  • Cul-De-Sac

About This Home

As of September 2019

Location, location... This unique 3 bedroom/2 bath all brick Ranch w/ salt water pool located on a quiet cul-de-sack features a large LR w/ wood burning fireplace open to dinning room, Eat-In kitchen, sun-room w/view, 3 bedrooms w/ 1 bathroom on 1st floor. Downstairs family room (in-law suite) with own entrance from back patio, kitchenette, full bathroom, laundry room, and furnace/storage room. 1 car attached garage w/ workshop area, 2 driveways access. 2 separate heating zones. Fenced yard, fruit & nut trees throughout property, large pergola with kiwi plants, organic soil, raised garden beds, chicken coop/2 sheds, playground, highly desired part of Wayne w/countless conveniences, top rated school system. Great neighborhood, convenient to major highways & transit. This home is a must see! Motivated Seller

Last Agent to Sell the Property

Qizhan Yao

REALMART REALTY Listed on: 05/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,470

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,224 Sq Ft Home
  • Wood Burning Fireplace
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Family or Dining Combination
  • Utility Room
  • Laundry Room

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Storage Shed

Schools

  • R. Carter Elementary School
  • G. Washington Middle School
  • Wayne Valley High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Standard Electricity
  • Oil Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-01008-0000-00001-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,470

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1961
  • Year Built Description: Approximate
  • County Name: Passaic
  • Easements Description: water line
  • Directions: Home is a few minutes away from Highway Rt 23, RT 46 or Rt 80
  • I D: 4896486
  • First Name: JACK QIZHAN
  • First Name3: UNKNOWN
  • Last Name: YAO
  • Last Name3: AGENT
  • Office Phone: 732-727-2285
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl-Linoleum, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, CookElec, Dishwasher, Kitchen Exhaust Fan
  • Interior Amenities: Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Basement Level Rooms: Laundry Room, Utility Room, Walkout, Outside Entrance, Inside Entrance, Bath(s) Other, Family Room, Kitchen
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Kitchen, Living Room, Full Bath
  • Kitchen Area: Second Kitchen, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Screened Patio/Porch
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: Basement
  • Level 1 Rooms: 2 Bedrooms, Screened, Living Room, Bath Main, Kitchen
  • Estimated Sq Ft: 1224
  • Phone: 888-362-6543

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Storage Shed
  • Pool: Yes
  • Pool Description: Above Ground
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: OilAbIn
  • Heating: 2 Units, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Oil

Schools

  • High School: WAYNE VALLEY
  • Middle Jr High School: G. WASHINGTON

Lot Info

  • Lot Size: .373 AC
  • Easement: Yes
  • Lot Description: Cul-De-Sac
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.37
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9470
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-01008-0000-00001-0000-
  • Tax Rate Amount: 5.465
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: R. CARTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Sep 19, 2019
Sold by
Bilto Reem and Pinto Edson Carvalho
Bought by
Basuf Omar and Basuf Mohamed
Seller's Agent
Qizhan Yao
REALMART REALTY
List Price
$409,000
Sold Price
$390,000
Premium/Discount to List
-$19,000
-4.65%
Current Estimated Value
$617,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,430
Avg. Annual Appreciation
7.60%
Original Mortgage
$351,000
Outstanding Balance
$306,814
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$310,616

Purchase Details

Closed on
Sep 29, 2011
Sold by
Finley Claire R and Mcgrievy Claire R
Bought by
Carvalho Bilto Reem and Carvalho Pinto Edson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2007
Sold by
48 Prospect Associates
Bought by
Mcgrievy Ruth Ann
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
Basuf Omar $390,000 Hudson United Title Svcs Llc
Carvalho Bilto Reem $350,000 --
Mcgrievy Ruth Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basuf Omar $351,000
Previous Owner Carvalho Bilto Reem $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2019 09/19/19 Sold $390,000 -4.6% $319 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $409,000 -- $334 / Sq Ft
Source: Garden State 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 $10,304 $173,300 $102,100 $71,200
2024 $9,909 $173,300 $102,100 $71,200
2022 $9,798 $173,300 $102,100 $71,200
2021 $9,788 $173,300 $102,100 $71,200
2020 $9,745 $173,300 $102,100 $71,200
2019 $9,556 $173,300 $102,100 $71,200
2018 $9,471 $173,300 $102,100 $71,200
2017 $9,384 $173,300 $102,100 $71,200
2016 $9,252 $173,300 $102,100 $71,200
2015 $9,142 $173,300 $102,100 $71,200
2014 $8,883 $173,300 $102,100 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3555818

Garden State MLS

APN: 14-01008-0000-00001