$875,000
SOLD MAY 23, 2025 RENTED JUN 21, 2025

505 Forest Ave Lyndhurst, NJ 07071

5 Beds
2 Baths
2,268 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$386 Per Sq Ft

6% Above List Price

15 Days on Market

About This Home

As of May 2025

Look no further! This charming 2 Family Home offers versatile living options. The 1st floor features 3 bedrooms, updated eat-in kitchen, newly renovated bathroom and living room. Back enclosed porch area with access to backyard. The 2nd floor unit has 2 bedrooms, full bath, eat-in kitchen and living room. Hardwood floors throughout and nice closet space. There is a beautiful, finished basement with full bath. Basement has door to back yard. The driveway can park 3-4 cars. This home also features solar panels to help with utility costs. The future owner can take over the payments that are remaining. Enjoy the suburban lifestyle while having short commutes to NY with bus and rail options. Location affords quick access to schools, major highways, local shopping, and eateries.

Last Agent to Sell the Property

Sally Meys

Christie's International Real Estate Group-Tenafly Brokerage Phone: (201) 280-0137 Listed on: 12/16/2024

Christie's International Real Estate Group-Tenafly

Last Buyer's Agent

Jay Tisang

HomeSmart First Advantage Realty

HomeSmart First Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,791

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 00032 / 00154

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,791

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, Hook Ups
  • Attribution Contact: (201) 280-0137
  • Co List Office Phone: 201-731-6101
  • MLS Status: Sold - Sold
  • Directions: Ridge Road to Forest Avenue
  • 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
  • Basement Remarks: Full, finished

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: Electricity Connected

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 12791.0
  • Tax Block: 00154
  • Tax Lot: 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2018
Sold by
Konak Ebubekir and Center Esra
Bought by
Munoz Miguel A and Wong Janet
Current Estimated Value
$863,886

Purchase Details

Listed on
Aug 26, 2013
Closed on
Aug 26, 2013
Sold by
Gagnon Natalie Ann and Cunningham Arlene Theresa
Bought by
Konak Ebubekir and Cetiner Esra
Seller's Agent
KATHLEEN SAVINO
COCCIA REALTY BHGRE
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$340,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2008
Sold by
Cunningham Arlene Theresa and Gagnon Natalie Ann
Bought by
Cunningham Arlene Theresa and Gagnon Natalie Ann
Source: Public Records

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 Type Sale Price Title Company
Deed $527,000 --
Deed $425,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $582,010 FHA
Closed $511,660 FHA
Closed $517,953 FHA
Previous Owner $340,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 Rented -- -- --
06/12/2025 06/12/25 For Rent $3,600 0.0% --
05/23/2025 05/23/25 Sold $875,000 +6.1% $386 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $825,000 +94.1% $364 / Sq Ft
08/26/2013 08/26/13 Sold $425,000 -- $187 / 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 $13,277 $725,900 $286,000 $439,900
2024 $12,791 $636,500 $283,000 $353,500
2023 $11,184 $629,500 $280,000 $349,500
2022 $11,184 $352,600 $180,000 $172,600
2021 $10,719 $352,600 $180,000 $172,600
2020 $10,486 $352,600 $180,000 $172,600
2019 $10,409 $352,600 $180,000 $172,600
2018 $10,493 $352,600 $180,000 $172,600
2017 $10,229 $352,600 $180,000 $172,600
2016 $10,000 $352,600 $180,000 $172,600
2015 $9,686 $352,600 $180,000 $172,600
2014 $9,559 $352,600 $180,000 $172,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24039093

New Jersey MLS

APN: 32-00154-0000-00032