NOT LISTED FOR SALE

5 Merrifield Way Cresskill, NJ 07626

Estimated Value: $1,055,000 - $1,254,000

4 Beds
1.5 Baths
-- Sq Ft
0.51 Acres

Last Sold September 22, 2021

Last sale price $800,000

Est. 42% increase in value since last sale

Current estimated payment $7,354/month

13 Days on Market

Highlights

  • 22,000 Sq Ft lot
  • Views to the East
  • Property is near a park
  • Cresskill High School Rated A
  • Colonial Architecture
  • Corner Lot

About This Home

As of September 2021

Amazing prospect for builders or investors to develop over 22,000 square feet of prime Cresskill real estate on beautiful Merrifield Way. For a town boasting ample green space, a convenient downtown, and an incredible school system, this is a great opportunity. Build your dream home or potentially sub-divide and build two, million-dollar plus homes on this wonderfully maintained property.

Last Listed By

Thomas Connolly

RE/MAX Signature Homes Listed on: 01/13/2021

RE/MAX Signature Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,077

Year Built

  • 1902

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Irregular Lot

Parking

  • Detached Garage

Home Design

  • Built between 1900 - 1939
  • Colonial Architecture
  • Shingle Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Location

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

Utilities

  • Window Unit Cooling System
  • Well

Additional Features

  • Views to the East
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 020800004 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,077

Year Built

1902

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Hdwd As In, Well
  • Views/Exposure: East
  • Year Built (Public Record): 1900-1939
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 9
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 1.10
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Partial Bathroom: 1
  • Basement: Full, Unfinished
  • Basement: Full Unfinished
  • Items Not Included: Wood Burning Stove

Exterior Features

  • Exterior: Shingles
  • Waterfront: None

Garage/Parking

  • Garage: Detached

Utilities

  • Heating: Oil, Radiators
  • Sewer: Municipal
  • Water Source: Well
  • Cooling: Win/AC

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Edward H. Bryan E.S.
  • Middle School: Cresskill H.S.
  • High School: Cresskill H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00009
  • Lot Description: Corner Lot, Irregular
  • Lot Dimensions: See Survey
  • Estimated Lot Sq Ft: 22000

Tax Info

  • Tax: 13077
  • Assessor Parcel Number: 020800004 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
15 Wakelee Drive Corporation and 15 Wakelee Drive Corp
Bought by
Khoury Robert M and Khoury Dawn Birdtsinglefiat
Total Days on Market
13
Current Estimated Value
$1,138,877

Purchase Details

Listed on
Jan 13, 2021
Closed on
Sep 22, 2021
Sold by
Hebert Richard J and Hebert Joan P
Bought by
15 Wakelee Drive Corp
Seller's Agent
Thomas Connolly
RE/MAX Signature Homes
Buyer's Agent
Thomas Connolly
RE/MAX Signature Homes
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$950,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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
Khoury Robert M $999,999 None Listed On Document
15 Wakelee Drive Corp $800,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 15 Wakelee Drive Corp $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $800,000 -5.9% --
01/26/2021 01/26/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $850,000 -- --
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 $12,113 $722,800 $366,000 $356,800
2023 $11,715 $521,900 $341,000 $180,900
2022 $11,477 $476,800 $313,300 $163,500
2021 $12,551 $554,900 $396,400 $158,500
2020 $12,921 $543,300 $387,900 $155,400
2019 $12,921 $536,800 $384,400 $152,400
2018 $11,755 $531,700 $381,400 $150,300
2017 $12,254 $450,200 $302,400 $147,800
2016 $11,890 $450,200 $302,400 $147,800
2015 $11,521 $450,200 $302,400 $147,800
2014 $11,174 $450,200 $302,400 $147,800
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 21001586

New Jersey MLS

APN: 08-00004-0000-00009