NOT LISTED FOR SALE

485 Westview Place Fairview, NJ 07022

Estimated Value: $584,000 - $848,000

5 Beds
2 Baths
1,672 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $820,000 $490 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,541/month

17 Days on Market

About This Home

As of September 2024

TURNKEY INVESTMENT OPPORTUNITY!!! Welcome to this meticulous new construction 2-family home in close proximity to Fairview's lively town center. The first level apartment features a gorgeous open-concept with Gourmet Kitchen, 2 bedrooms, 1 bathroom, direct access to the private backyard and basement laundry. The luxurious upstairs apartment offers 3 bedrooms and 1 bathroom for versatile lifestyle needs. This sun drenched property boasts a highly desirable location and is delivered vacant, providing immediate flexibility for occupancy or rental placement. Don't miss out on this rare chance to acquire a move in ready investment property!

Last Agent to Sell the Property

Vivienne Muldoon

Christie's International Real Estate Group-Ridgewood Listed on: 07/15/2024

Christie's International Real Estate Group-Ridgewood

Last Buyer's Agent

Sweta Patel

Corcoran Infinity Properties, Edgewater

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,795

Lot Details

  • 3,123

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in unit
  • 3,123 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00013 / 00309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,795

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: 201-962-9552
  • MLS Status: Sold - Sold
  • Directions: Ninth St. to Westview Pl.
  • Architectural Style: 2 Family
  • Year Built Details: New Const-Existing Fdn,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Remarks: Laundry/Utilities

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 3123.0

Tax Info

  • Tax Annual Amount: 6795.0
  • Tax Block: 00309
  • Tax Lot: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Sep 12, 2024
Sold by
485 Westview Place 2 Llc
Bought by
Premji Mehmood and Premji Karima
Seller's Agent
Vivienne Muldoon
Christie's International Real Estate Group-Ridgewood
Buyer's Agent
Sweta Patel
Corcoran Infinity Properties, Edgewater
List Price
$799,000
Sold Price
$820,000
Premium/Discount to List
$21,000
2.63%
Views
27
Current Estimated Value
$742,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,008
Avg. Annual Appreciation
-8.02%
Original Mortgage
$779,000
Outstanding Balance
$770,042
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$27,050

Purchase Details

Closed on
Dec 15, 2023
Sold by
485 Westview Place Fairview Llc
Bought by
485 Westview Place 2 Llc

Purchase Details

Closed on
Jul 14, 2021
Sold by
Generelli Raymond J
Bought by
485 Westview Place Fairview Llc and Cirikovic

Purchase Details

Closed on
Jul 21, 1998
Sold by
Estate Of Anthony J Generelli
Bought by
Generelli Raymond J
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
Premji Mehmood $820,000 None Listed On Document
Premji Mehmood $820,000 None Listed On Document
485 Westview Place 2 Llc -- None Listed On Document
485 Westview Place 2 Llc -- None Listed On Document
485 Westview Place Fairview Llc $300,000 Fidelity National Title
485 Westview Place Fairview Llc $300,000 Fidelity National Title
Generelli Raymond J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premji Mehmood $779,000
Closed Premji Mehmood $779,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $820,000 +2.6% $490 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $799,000 -- $478 / 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
2025 $7,550 $744,500 $211,400 $533,100
2024 $7,179 $326,400 $201,900 $124,500
2023 $6,796 $317,500 $197,100 $120,400
2022 $6,796 $292,300 $178,100 $114,200
2021 $6,613 $273,300 $163,900 $109,400
2020 $6,695 $258,800 $159,100 $99,700
2019 $6,584 $196,200 $115,800 $80,400
2018 $6,604 $196,200 $115,800 $80,400
2017 $6,396 $196,200 $115,800 $80,400
2016 $6,045 $196,200 $115,800 $80,400
2015 $5,727 $196,200 $115,800 $80,400
2014 $5,600 $196,200 $115,800 $80,400
Source: Public Records

Agents Affiliated with this Home

  • Vivienne Muldoon

    Seller's Agent in 2024

    Vivienne Muldoon

    Christie's Real Estate Northern NJ

    (201) 398-5189

    1 in this area

    90 Total Sales

    Vivienne Muldoon
    Section Image
  • Sweta Patel

    Buyer's Agent in 2024

    Sweta Patel

    Corcoran Infinity Properties, Edgewater

    (848) 468-0393

    3 in this area

    62 Total Sales

    Sweta Patel
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24022666

New Jersey MLS

APN: 18-00309-0000-00013

New Jersey Bergen County Fairview 07022

485 Westview Place, Fairview, NJ

Not Listed for Sale

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