NOT LISTED FOR SALE

511 Lake Ave Lyndhurst, NJ 07071

Estimated Value: $569,000 - $625,000

4 Beds
2 Baths
1,720 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $350,000 $203 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,934/month

10 Days on Market

About This Home

As of June 2019

This home is located at 511 Lake Ave, Lyndhurst, NJ 07071 since 19 February 2019 and is currently estimated at $588,530, approximately $342 per square foot. This property was built in 1925. 511 Lake Ave is a home located in Bergen County with nearby schools including Lyndhurst High School and Sacred Heart School.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Brokerage Phone: 973-429-0990 Listed on: 02/19/2019

Last Buyer's Agent

WAGIH NABIH SAAD

AMERICA'S ELITE GROUP LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,679

Year Built

  • 1925

Lot Details

  • 3,920 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,679

Year Built

1925

Lot Details

0

Listing Details

  • County Name: Bergen
  • Street Number Display: 511
  • I D: 4883588
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 973-429-0990
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Lot Info

  • Lot Size: 40X95
  • Total Acres: 0.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Youssef Magda and Abdelmalek Emad Aziz
Bought by
Youssef Magda and Abdelmalek Emad Aziz
Total Days on Market
10
Current Estimated Value
$588,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$339,204
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$249,326

Purchase Details

Closed on
Apr 24, 2018
Sold by
Saudino Michael
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Mar 22, 2007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1997
Sold by
Lopez Jose
Bought by
Alvarez Raul and Alcoser Dayana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,375
Interest Rate
7.17%
Mortgage Type
FHA
Source: Public Records

Similar Homes in the area

  • 542 3rd Ave, Lyndhurst, NJ 07071

    $625,000

    • 4 Beds
    • 2 Baths
    • 542 3rd Ave
    • Lyndhurst, NJ

    Welcome to this charming 2-family home located in the desirable town of Lyndhurst. Offering flexibility and strong potential, this property is ideal for both investors and owner-occupants. The first-floor unit features one spacious bedroom and a full bath, with access to a finished basement that includes a recreation room—perfect for a home office, gym, or additional living space. The

    Ryan McNish-Dubey Keller Williams Towne Square Realty

    Section Image
  • 247 Fern Ave, Lyndhurst, NJ 07071

    $580,000

    • 3 Beds
    • 2 Baths
    • 247 Fern Ave
    • Lyndhurst, NJ

    Lots of charm in this 2 family home boasting 5 room and 3 room apartments. The sundrenched entrance porch offers access to both apartments. The first floor features living room with decorative fireplace, formal dining room, a comfortable kitchen with pantry, 2 bedrooms and full tile bath. The second floor apartment features living room, kitchen, bedroom, bath and has been freshly painted.

    Kathleen Savino Coccia Realty Better Homes & Gardens-Lyndhurst

    Section Image
  • 178 Fern Ave, Lyndhurst, NJ 07071

    $595,000

    • 4 Beds
    • 2.5 Baths
    • 178 Fern Ave
    • Lyndhurst, NJ

    Stately 2 family house, 1st floor unit features living room, kitchen opening to formal dining room, 2 bedrooms and bath on the 1st floor. 2nd floor unit is composed of the 2nd and 3rd floor; offers kitchen, living room, bedroom on 2nd level and bedroom and sitting rooms on the 3rd. This unit is in need of complete renovation. Basement is finished with a large family room, half bath, laundry,

    Kathleen Savino Coccia Realty Better Homes & Gardens-Lyndhurst

    Section Image
  • 5-7 1st St, North Arlington, NJ 07031

    $699,900

    • 4 Beds
    • 3 Baths
    • 5-7 1st St
    • North Arlington, NJ

    Great opportunity to own a two-family home in North Arlington. The property features a combined first-floor and basement unit. The first floor includes two bedrooms, a large eat-in kitchen, a huge living room, and a full bath. The basement has a wet bar area, another full bath, and a family room that walks out to the yard space. The second floor is currently an income-producing unit, rented for

    SCOTT BIXLER The Bixler Group, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Youssef Magda -- Town Title Agency Llc
Wilmington Svgs Fund Soc -- --
-- -- --
Alvarez Raul $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youssef Magda $380,000
Closed Salama Mira $374,523
Closed Salama Mira $374,523
Previous Owner -- $270,000
Previous Owner Alvarez Raul $153,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $350,000 +6.1% $203 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $329,900 -- $192 / Sq Ft
Source: Garden State 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 $7,679 $382,500 $240,200 $142,300
2023 $8,352 $377,900 $237,200 $140,700
2022 $8,352 $263,300 $149,200 $114,100
2021 $8,004 $263,300 $149,200 $114,100
2020 $7,831 $263,300 $149,200 $114,100
2019 $7,773 $263,300 $149,200 $114,100
2018 $7,836 $263,300 $149,200 $114,100
2017 $7,638 $263,300 $149,200 $114,100
2016 $7,467 $263,300 $149,200 $114,100
2015 $7,233 $263,300 $149,200 $114,100
2014 $7,138 $263,300 $149,200 $114,100
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3543695

Garden State MLS

APN: 32-00026-0000-00015