NOT LISTED FOR SALE

498 Forest Ave Paramus, NJ 07652

Estimated Value: $883,000 - $1,023,000

3 Beds
3 Baths
2,260 Sq Ft
$422/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $520,000 $230 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,197/month

72 Days on Market

Highlights

  • Property is near a park
  • Fireplace
  • En-Suite Primary Bedroom
  • Paramus High School Rated A-
  • Attached Garage
  • Central Air

About This Home

As of June 2018

Opportunity, opportunity, opportunity! Three bedroom,and 3 Full Baths. A large Family Room w/Fireplace. Beautiful piece of property on the corner of Seton Hall Drive. Was once a two car garage, owners turned one car garage into a room. Can easily be turned back into 2 car garage. Close to schools, transportation and shopping options. Come make this home your own.

Last Listed By

Cathy Banu

Keller Williams Village Square Realty Listed on: 02/22/2018

Keller Williams Village Square Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,390

Year Built

  • 1963

Lot Details

  • 0.31 Acre Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1960s
  • Bi-Level Home
  • Vinyl Construction Material

Interior Spaces

  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Location

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 024606602 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,390

Year Built

1963

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Bi-Level
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Trans
  • Miscellaneous: Hdwd As In, WW/Carpet As In
  • Views/Exposure: None
  • Year Built: 1960's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: 1 Fireplace
  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Primary Bathroom: Y
  • Full Bathrooms: 3
  • Basement: None

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

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

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 400
  • Lot: 00013
  • Lot Description: Regular
  • Estimated Lot Sq Ft: 13632

Tax Info

  • Tax: 8390
  • Assessor Parcel Number: 024606602 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2018
Closed on
Jun 20, 2018
Sold by
Est Lazarus Rose and Lazarus Ex Herbert M
Bought by
Ludizaca Jorge and Vega Juliana
Seller's Agent
Cathy Banu
Keller Williams Village Square Realty
Buyer's Agent
Gabriella D'Alessio
Compass New Jersey, LLC-Ridgewood
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Total Days on Market
72
Current Estimated Value
$954,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,116
Avg. Annual Appreciation
9.19%
Original Mortgage
$494,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2017
Sold by
Lazarus-Schapiro Fern and Lazarus Herbert M
Bought by
Lazarus Herbert M and Lazarus-Schapiro Fern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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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
Ludizaca Jorge $520,000 --
Lazarus Herbert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludizaca Jorge $500,000
Closed Ludizaca Jorge $494,000
Previous Owner Lazarus Herbert M $260,000
Previous Owner Lazarus Milton $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $520,000 -13.2% $230 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $599,000 -- $265 / 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 $10,881 $740,600 $363,500 $377,100
2023 $10,316 $709,300 $346,100 $363,200
2022 $9,900 $637,900 $323,200 $314,700
2021 $9,555 $577,700 $288,400 $289,300
2020 $9,080 $569,300 $284,200 $285,100
2019 $8,647 $465,900 $268,300 $197,600
2018 $8,540 $465,900 $268,300 $197,600
2017 $8,391 $465,900 $268,300 $197,600
2016 $8,163 $465,900 $268,300 $197,600
2015 $7,829 $465,900 $268,300 $197,600
2014 $7,759 $465,900 $268,300 $197,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1806697

New Jersey MLS

APN: 46-06602-0000-00013