NOT LISTED FOR SALE

493 Morningside Ave Fairview, NJ 07022

Estimated Value: $891,000 - $899,000

5 Beds
3 Baths
1,872 Sq Ft
$478/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $815,000 $435 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,912/month

26 Days on Market

About This Home

As of November 2023

Beautiful LEGAL 3 FAMILY right on NJ Transit bus line in a desirable section of Fairview. Unit 1 features 1 Bedroom & 1 Bath with an updated kitchen, large living room and ample storage space. Unit 2 contains 2 Bedrooms & 1 Bath with a newly renovated bathroom, refinished hardwood floors, stainless steel appliances, granite counters, high ceilings, central AC, breakfast bar, laundry area, and private backyard & patio area. Comes with outdoor shed & under-house storage as well. Unit 3 - 2BR/1BA, current rent. Completely gut renovated in 2022 with stainless steel appliances and granite counters, new everything! Unit 1 & 2 are currently owner occupied.

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com Listed on: 08/13/2023

ListWithFreedom.com

Last Buyer's Agent

Monica Marques

Keller Williams Park Views

Keller Williams Park Views

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,961

Lot Details

  • 2,483

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00019 / 00409

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,961

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (855) 456-4945
  • MLS Status: Sold - Sold
  • Directions: Right off of Bergen Blvd, a few blocks west of Anderson Avenue. Located 4 miles from the Lincoln Tunnel and less than 2 miles from the NJ Turnpike. Wa
  • Architectural Style: 3 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Transaction Broker, Seller Disclosure - Yes

Utilities

  • Utilities: See Remarks

Tax Info

  • Tax Annual Amount: 13961.0
  • Tax Block: 00409
  • Tax Lot: 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Nov 6, 2023
Sold by
Errico Nicholas P and Errico Brandi A
Bought by
Lemon & Lime Investments Llc
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
Monica Marques
Keller Williams Park Views
List Price
$789,900
Sold Price
$815,000
Premium/Discount to List
$25,100
3.18%
Views
45
Current Estimated Value
$895,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,066
Avg. Annual Appreciation
4.39%
Original Mortgage
$652,000
Outstanding Balance
$640,778
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$254,288

Purchase Details

Listed on
Nov 7, 2020
Closed on
Mar 15, 2021
Sold by
Lgm Holdings Limited Liability Company
Bought by
Guthrie Brandi A and Errico Nicholas P
Seller's Agent
Edward Verdel
COMPASS
Buyer's Agent
ANTHONY IEMMELLO
WEICHERT REALTORS
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$506,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2014
Sold by
Pieri Helen T
Bought by
Lgm Holdings Llc

Purchase Details

Closed on
Jun 6, 2002
Sold by
Pieri Theodoros
Bought by
Pieri Helen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.81%
Source: Public Records
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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
Lemon & Lime Investments Llc $815,000 Grandview Title
Lemon & Lime Investments Llc $815,000 Grandview Title
Guthrie Brandi A $675,000 Fidelity National Ttl Ins Co
Guthrie Brandi A $675,000 Fidelity National Title
Lgm Holdings Llc $475,000 Old Republic National Title
Pieri Helen T $293,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemon & Lime Investments Llc $652,000
Previous Owner Guthrie Brandi A $506,250
Previous Owner Pieri Helen T $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Sold $815,000 +3.2% $435 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $789,900 +17.0% $422 / Sq Ft
03/15/2021 03/15/21 Sold $675,000 -3.4% $361 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
11/07/2020 11/07/20 For Sale $699,000 -- $373 / 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 $15,338 $691,300 $200,000 $491,300
2024 $14,522 $663,100 $185,000 $478,100
2023 $13,962 $642,300 $180,000 $462,300
2022 $13,962 $600,500 $162,000 $438,500
2021 $14,068 $567,500 $147,500 $420,000
2020 $13,667 $528,300 $145,000 $383,300
2019 $12,082 $360,000 $112,500 $247,500
2018 $12,118 $360,000 $112,500 $247,500
2017 $11,736 $360,000 $112,500 $247,500
2016 $11,092 $360,000 $112,500 $247,500
2015 $10,508 $360,000 $112,500 $247,500
2014 $10,274 $360,000 $112,500 $247,500
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey

    Seller's Agent in 2023

    Ralph Harvey

    ListWithFreedom.com

    (855) 456-4945

    2 in this area

    10,461 Total Sales

    Ralph Harvey
    Section Image

  • M

    Buyer's Agent in 2023

    Monica Marques

    Keller Williams Park Views

    1 in this area

    9 Total Sales

    Monica Marques
    Section Image
  • Edward Verdel

    Seller's Agent in 2021

    Edward Verdel

    COMPASS

    (201) 679-7892

    1 in this area

    141 Total Sales

    Edward Verdel
    Section Image

  • A

    Buyer's Agent in 2021

    ANTHONY IEMMELLO

    Weichert Corporate

    (973) 270-3896

    1 in this area

    72 Total Sales

    ANTHONY IEMMELLO
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23025167

New Jersey MLS

APN: 18-00409-0000-00019

New Jersey Bergen County Fairview 07022

493 Morningside Ave, Fairview, NJ

Not Listed for Sale

MultiFamily

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