NOT LISTED FOR SALE

51 Mcdermott Way Englewood Cliffs, NJ 07632

Estimated Value: $2,394,860 - $2,742,000

5 Beds
4.5 Baths
5,404 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $1,850,000 $342 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $16,104/month

35 Days on Market

Highlights

  • Mountain View
  • Deck
  • Property is near a park
  • Upper School Elementary School Rated A
  • Contemporary Architecture
  • Cul-De-Sac

About This Home

As of March 2021

Epitomizing the elegance and refinement of homes is 51 Mcdermott Way. Discover the quintessence of splendor living at the peak of a serene cul-de-sac in the prestigious town of Englewood Cliffs. Step in to the breath taking entry foyer boasting its cathedral ceilings and a masterpiece chandelier. From there walk into the state of the art eat in kitchen featuring Wolf and Subzero appliances. Banquet-sized dining room, customized crown moldings, and top of the line hardwood flooring are also highlights. Come upon two spacious rooms each with its own full bath upstairs. Along with those rooms, find an extra bedroom perfect for guests and the master suite with a spectacular collaboration of classic design, custom designed walk-in closet, and a stunning bathroom. Ground floor is perfect for a family room, gym or any other type of entertainment for the family. Upscale generator is in place for emergencies. Location offers close proximity to shopping, restaurants, and Nyc transportation.

Last Agent to Sell the Property

Kay Suh

C Land Realty Co. Pal Park Listed on: 01/19/2021

Last Buyer's Agent

Ray Park

RE/MAX Now

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,944

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac

Parking

  • Attached Garage

Home Design

  • Built in the 2000s
  • Contemporary Architecture
  • Stone Exterior Construction

Interior Spaces

  • Central Vacuum
  • Fireplace
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Location

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

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Stairway
  • Deck

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 021600101 000050001

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,944

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Contemporary
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Miscellaneous: Central Vac, Hdwd As In, Security, Deck / Patio
  • Views/Exposure: Mountain Vw, Sunrise
  • Year Built: 2000's
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Number of Rooms: 13
  • Fireplace: 1 Fireplace
  • Bedrooms: 5
  • Total Bathrooms: 4.10
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 1
  • Basement: Finished, Full, Grd Lv Acces

Exterior Features

  • Exterior: Stone Faced
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Park Space

Utilities

  • Heating: Baseboard, Gas, Radiant, Multi-Zone
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: None

Lot Info

  • County Name: BERGEN
  • Locale: 100
  • Lot: 00005
  • Lot Description: Cul-de-sac
  • Lot Dimensions: 100 x 140
  • Estimated Lot Sq Ft: 14000
  • Lot Suffux: 0001

Tax Info

  • Tax: 26944
  • Assessor Parcel Number: 021600101 000050001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 2, 2021
Sold by
Park Jessica Ae and Park Gene Jiyoon
Bought by
Tutelman Eduard and Zhislin Alla
Seller's Agent
Kay Suh
C Land Realty Co. Pal Park
Buyer's Agent
Ray Park
RE/MAX Now
List Price
$1,970,000
Sold Price
$1,850,000
Premium/Discount to List
-$120,000
-6.09%
Current Estimated Value
$2,584,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$734,965
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Jul 13, 2007
Sold by
The Frederic Co
Bought by
Park Yoon Sik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.54%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Tutelman Eduard $1,850,000 Blueland Title Agency Inc
Park Yoon Sik $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Yoon Sik $1,000,000
Previous Owner Park Yoon Sik $1,450,000
Previous Owner Park Yoon Sik $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $1,850,000 -6.1% $342 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,970,000 -- $365 / 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 $21,109 $1,850,000 $808,500 $1,041,500
2023 $20,776 $1,850,000 $808,500 $1,041,500
2022 $20,776 $1,850,000 $808,500 $1,041,500
2021 $20,209 $2,341,000 $808,500 $1,532,500
2020 $26,945 $2,341,000 $808,500 $1,532,500
2019 $25,306 $2,341,000 $808,500 $1,532,500
2018 $24,417 $2,341,000 $808,500 $1,532,500
2017 $23,363 $2,341,000 $808,500 $1,532,500
2016 $22,918 $2,341,000 $808,500 $1,532,500
2015 $21,771 $2,341,000 $808,500 $1,532,500
2014 $20,367 $2,341,000 $808,500 $1,532,500
Source: Public Records

Agents Affiliated with this Home

  • Kay Suh

    Seller's Agent in 2021

    Kay Suh

    C Land Realty Co. Pal Park

    (201) 852-0107

    3 in this area

    144 Total Sales

    Kay Suh
    Section Image
  • Ray Park

    Buyer's Agent in 2021

    Ray Park

    RE/MAX Now

    (201) 891-8000

    1 in this area

    45 Total Sales

    Ray Park
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 21002116

New Jersey MLS

APN: 16-00101-0000-00005-01

New Jersey Bergen County Englewood Cliffs 07631

51 Mcdermott Way, Englewood Cliffs, NJ

This home is located at 51 Mcdermott Way, Englewood Cliffs, NJ 07632 since 19 January 2021 and is currently estimated at $2,584,965, approximately $478 per square foot. 51 Mcdermott Way is a home located in Bergen County with nearby schools including North Cliff Elementary School, Upper School Elementary School, and Dwight-Englewood School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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