$810,000
SOLD JAN 17, 2025

492 Davison St Maywood, NJ 07607

5 Beds
2 Baths
1,864 Sq Ft
7,749 Sq Ft Lot

Recently Sold

$435 Per Sq Ft

5% Above List Price

28 Days on Market

About This Home

As of January 2025

This charming two-family home in desirable Maywood offers both privacy and convenience, making it an excellent investment opportunity. First floor features a kitchen, bathroom, two bedrooms, a formal living room and a dining room with access to the deck. There is a spacious, partially finished basement, plus a separate laundry/utility area. Second floor apartment includes three bedroom, a formal living room and a dining room, kitchen, bathroom. This unit offers ample attic storage. Located in a super convenient area close to NYC express bus service, shops, restaurants, and major highways, this home is perfectly situated. Enjoy outdoor space with a detached two-car garage and a beautiful, serene yard. This is a unique opportunity for homeowners seeking the additional income potential of a lovely two-family home. Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Anna Lepishina

Prominent Homes Realty, LLC Listed on: 10/30/2024

Co-Listed By

William Salamanca

Prominent Homes Realty, LLC

Last Buyer's Agent

Grace Choi

RE/MAX NOW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,077

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 7,749 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00008 / 00090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,077

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Co List Office Phone: (201) 355-0705
  • MLS Status: Sold - Sold
  • Directions: Davison & Passaic St
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Transaction Broker

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7749.0

Tax Info

  • Tax Annual Amount: 11077.0
  • Tax Block: 00090
  • Tax Lot: 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Jan 14, 2025
Sold by
Salamanca William and Salamanca Rubiela
Bought by
Pham Anh Thu
Seller's Agent
Anna Lepishina
Prominent Homes Realty, LLC
Buyer's Agent
Grace Choi
RE/MAX NOW
List Price
$770,000
Sold Price
$810,000
Premium/Discount to List
$40,000
5.19%
Views
63
Current Estimated Value
$799,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,974
Avg. Annual Appreciation
-11.44%
Original Mortgage
$648,000
Outstanding Balance
$646,307
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$113,202

Purchase Details

Closed on
Nov 4, 1995
Sold by
Santangelo Anna
Bought by
Salamanca William and Salamanca Rubiela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.58%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Murphy Thomas
Bought by
Hendricks Scott and Santangelo Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.96%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $810,000 Westcor Land Title
Deed $810,000 Westcor Land Title
Deed $195,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,000 New Conventional
Closed $648,000 New Conventional
Previous Owner $292,000 Unknown
Previous Owner $300,000 New Conventional
Previous Owner $155,000 Unknown
Previous Owner $156,000 No Value Available
Previous Owner $129,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $810,000 +5.2% $435 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $770,000 -- $413 / 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 $11,077 $536,700 $297,400 $239,300
2023 $10,698 $514,500 $284,300 $230,200
2022 $10,698 $468,800 $259,300 $209,500
2021 $10,547 $433,300 $231,500 $201,800
2020 $9,433 $298,500 $168,200 $130,300
2019 $9,289 $298,500 $168,200 $130,300
2018 $9,083 $298,500 $168,200 $130,300
2017 $8,937 $298,500 $168,200 $130,300
2016 $8,662 $298,500 $168,200 $130,300
2015 $8,424 $298,500 $168,200 $130,300
2014 $8,304 $298,500 $168,200 $130,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24034856

New Jersey MLS

APN: 34-00090-0000-00008