NOT LISTED FOR SALE

48 Wayne Ave River Edge, NJ 07661

Estimated Value: $753,000 - $826,000

3 Beds
1 Bath
3,152 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $536,000 $170 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,385/month

17 Days on Market

Highlights

  • Views to the North
  • Cape Cod Architecture
  • Property is near a park
  • Cherry Hill School Rated A+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Living is easy in this charming and spacious cape. The large yet cozy living room, expansive fenced in yard with stone patio, and sun-room are all you need for entertaining. This home has the option for a first floor master, or to finish the second floor storage room for your ever growing family, or create a second floor master suite, or live in the home just as it is. With these many options, this home is clearly suitable for all stages of life! Ideally situated in a quiet neighborhood within minutes from all that Bergen County has to offer. This home will certainly go fast!

Last Listed By

Jenna Winston

Keller Williams Village Square Realty Listed on: 08/03/2020

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,576

Year Built

  • 1939

Lot Details

  • 8,322 Sq Ft Lot
  • Irregular Lot

Parking

  • Attached Garage

Property Views

  • Views to the North
  • Views to the South

Home Design

  • Built in the 1940s
  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 025200809 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,576

Year Built

1939

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Cape Cod
  • Additional Sub Style: Expanded
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Mbdrm
  • Miscellaneous: Deck / Patio
  • Views/Exposure: North, South
  • Year Built: 1940's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 7
  • Fireplace: 1 Fireplace
  • Bedrooms: 3
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: Finished, Full
  • Basement: Full Finished, Utility RM, Laundry RM
  • Items Not Included: DR Light Fixture, BDR 2 Light Fixture

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car, Park Space

Utilities

  • Heating: Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Cherry Hill
  • Middle School: River Dell
  • High School: River Dell

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00022
  • Lot Description: Irregular
  • Estimated Lot Sq Ft: 8322

Tax Info

  • Tax: 11576
  • Assessor Parcel Number: 025200809 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 29, 2020
Sold by
Farevaag Bryan and Farevaag Sarah
Bought by
Kobayashi Ayaka and Kobayashi Kensuke
Seller's Agent
Jenna Winston
Keller Williams Village Square Realty
Buyer's Agent
ingrid Castro
Weichert Realtors, Ridgewood
List Price
$514,900
Sold Price
$536,000
Premium/Discount to List
$21,100
4.1%
Total Days on Market
17
Current Estimated Value
$777,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,358
Avg. Annual Appreciation
8.57%
Original Mortgage
$428,800
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 21, 2017
Sold by
Lins Victoria B and Lins Victoria
Bought by
Farevaag Bryan and Farevaag Sarah
Seller's Agent
Ellen Farmer
RE/MAX Real Estate Limited
Buyer's Agent
Outside Agent
Outside Office
List Price
$414,900
Sold Price
$424,900
Premium/Discount to List
$10,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$339,920
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2014
Sold by
Lins William C
Bought by
Lins Victoria B

Purchase Details

Closed on
Apr 21, 2008
Sold by
Lins William C and Lins Gladys W
Bought by
Lins Victoria and Lins Gladys W

Purchase Details

Closed on
Apr 1, 2007
Sold by
Lins William Charles
Bought by
Lins William C and Lins Gladys W

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
Kobayashi Ayaka $536,000 Chancellor Title Agency Inc
Farevaag Bryan $424,900 Chicago Title Insurance Comp
Lins Victoria B -- None Available
Lins Victoria -- --
Lins William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kobayashi Ayaka $428,800
Previous Owner Farevaag Bryan $36,000
Previous Owner Farevaag Bryan $339,920
Previous Owner Lins William C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $536,000 +4.1% $170 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $514,900 +21.2% $163 / Sq Ft
04/27/2017 04/27/17 Sold $424,900 +2.4% $135 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $414,900 -- $132 / Sq Ft
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 $12,905 $333,800 $190,400 $143,400
2023 $12,351 $333,800 $190,400 $143,400
2022 $12,351 $333,800 $190,400 $143,400
2021 $12,107 $333,800 $190,400 $143,400
2020 $11,917 $333,800 $190,400 $143,400
2019 $11,576 $333,800 $190,400 $143,400
2018 $11,333 $333,800 $190,400 $143,400
2017 $11,222 $333,800 $190,400 $143,400
2016 $10,969 $333,800 $190,400 $143,400
2015 $10,738 $333,800 $190,400 $143,400
2014 $10,758 $333,800 $190,400 $143,400
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 20031089

New Jersey MLS

APN: 52-00809-0000-00022