NOT LISTED FOR SALE

5 Mountain Ave Wanaque, NJ 07465

Estimated Value: $647,789 - $731,000

5 Beds
2 Baths
-- Sq Ft
0.41 Acres

Last Sold June 01, 2023

Last sale price $580,000

Est. 18% increase in value since last sale

Current estimated payment $4,715/month

65 Days on Market

About This Home

As of June 2023

Legal Two Family home in terrific location. This home was totally redone inside and out in 2012. First floor has open LR/DR combo, 2 good sized bedrooms, beautiful wood floors, large kitchen with exit to rear yard and laundry area plus entrance to basement. Second level has open floor concept with eat in kitchen, dining area and living room with wood floors. Three bedrooms and bonus office. Laundry in unit. 200 Amp service, furnace and central air 11 years old. K-8 Elementary School and Regional High School nearby. Close to shopping, restaurants, Rt. 287 and NYC Express Bus! Great opportunity for investors or owner occupied. All separate utilities.

Last Agent to Sell the Property

Judy Longo

Better Homes & Gardens Real Estate Green Team Listed on: 02/08/2023

Better Homes & Gardens Real Estate Green Team

Co-Listed By

Rosemary Thompson

Better Homes & Gardens Real Estate Green Team

Last Buyer's Agent

Sahar Autiero

RE/MAX Homeland Realtors

RE/MAX Homeland Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,271

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 75 x236

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 00029 / 00240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,271

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Unit
  • Co List Office Phone: (973) 838-9300
  • MLS Status: Sold - Sold
  • Directions: Rt. 287 to Ringwood Ave to Belmont to R ont Mullen L on Grove R on Park R on Mountain
  • Architectural Style: 2 Family
  • Year Built Details: 2010's,Renovated,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Remarks: partially full unfinished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

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

Lot Info

  • Lot Dimensions: 75 x236
  • Lot Size Sq Ft: 17698.0

Tax Info

  • Tax Annual Amount: 13271.0
  • Tax Block: 00240
  • Tax Lot: 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 30, 2023
Sold by
Thompson Sean A and Thompson Michelle
Bought by
Colella Alyssa and Autiero Michael
Seller's Agent
Judy Longo
Better Homes & Gardens Real Estate Green Team
Buyer's Agent
Sahar Autiero
RE/MAX Homeland Realtors
List Price
$589,000
Sold Price
$580,000
Premium/Discount to List
-$9,000
-1.53%
Views
244
Current Estimated Value
$685,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,947
Avg. Annual Appreciation
6.49%
Original Mortgage
$569,494
Outstanding Balance
$554,377
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$131,570

Purchase Details

Listed on
Aug 8, 2012
Closed on
Aug 1, 2012
Sold by
Sahanas Charles and Huber Charles
Bought by
Tompson Sean A and Tompson Michelle
Seller's Agent
JUDITH LONGO
BHGRE GREEN TEAM
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$367,740
Interest Rate
3.67%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2011
Sold by
Ferrari Alfred J
Bought by
Huber Charles and Sahanas Charles
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
Colella Alyssa $580,000 Commonwealth Title
Tompson Sean A $360,000 None Available
Huber Charles $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colella Alyssa $569,494
Previous Owner Tompson Sean A $367,740
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $580,000 +3.8% --
04/14/2023 04/14/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $559,000 -5.1% --
02/08/2023 02/08/23 For Sale $589,000 +63.6% --
08/08/2012 08/08/12 Sold $360,000 +2.9% -- View Prior Sale
08/08/2012 08/08/12 Sold $350,000 -- -- View Prior Sale
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 $13,832 $320,700 $105,000 $215,700
2024 $13,556 $320,700 $105,000 $215,700
2023 $13,271 $320,700 $105,000 $215,700
2022 $13,271 $320,700 $105,000 $215,700
2021 $12,982 $320,700 $105,000 $215,700
2020 $12,838 $320,700 $105,000 $215,700
2019 $12,530 $320,700 $105,000 $215,700
2018 $12,283 $320,700 $105,000 $215,700
2017 $11,994 $320,700 $105,000 $215,700
2016 $11,699 $320,700 $105,000 $215,700
2015 $11,532 $320,700 $105,000 $215,700
2014 $11,305 $320,700 $105,000 $215,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 23003763

New Jersey MLS

APN: 13-00240-0000-00029