NOT LISTED FOR SALE

514 Forest Ave Paramus, NJ 07652

Estimated Value: $1,061,078 - $1,172,000

4 Beds
3 Baths
2,364 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $860,000 $364 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,093/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Marble Flooring
  • 2 Car Attached Garage
  • Paramus High School Rated A-
  • Gazebo
  • In-Law or Guest Suite

About This Home

As of August 2021

An entertainer's dream 4 bed 3 bath fully renovated private paradise in your own backyard! Expanded bi-level, professionally designed with gleaming hardwood floors, lots of natural and possible in law suite. Chef's kitchen quartz counters, all stainless steel appliances and new cabinets. Main level offers open floor plan, living room, dining room, large great room, updated main bath, large primary bedroom with WIC and full bath, additional 2 bedrooms. Ground level has a cozy family room w fireplace, rec room, bedroom, full bath, laundry, kitchenette. Saltwater pool surrounded by travertine, every inch of this backyard is usable and private from the gazebo to covered patio area with TV hookup. Low taxes, great school district, easy access to all major highways, NYC bus across the street and train nearby.

Last Agent to Sell the Property

Armene Abbattista

KELLER WILLIAMS PROSPERITY REALTY Listed on: 06/21/2021

KELLER WILLIAMS PROSPERITY REALTY

Co-Listed By

KEVIN G. MARQUEZ

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

KEVIN G. MARQUEZ

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,187

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Vinyl Siding
  • Tile

Interior Spaces

  • Family Room with Fireplace
  • Carbon Monoxide Detectors
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Gazebo
  • Storage Shed

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 1146-06602-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,187

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Bi-Level
  • Primary Style: Bi-Level
  • Subproperty Type: Single Family
  • Year Built: 1965
  • Year Built Description: Renovated
  • County Name: Bergen
  • Exclusions: foyer chandelier
  • Renovated Year: 2018
  • Street Number Display: 514
  • Directions: Down Forest Ave
  • I D: 5082188
  • Modified: 2022-08-07
  • Number Images: 25
  • First Name: ARMENE
  • First Name2: KEVIN G.
  • First Name3: KEVIN G.
  • First Name4: ARMENE
  • Last Name: ABBATTISTA
  • Last Name2: MARQUEZ
  • Last Name3: MARQUEZ
  • Last Name4: ABBATTISTA
  • Office Phone: 973-436-5174
  • Office Phone4: 973-436-5174
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Flooring: Marble, Tile, Vinyl-Linoleum, Wood
  • Fireplace Description: Family Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Microwave Oven, Refrigerator, Washer
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • In Law Suite: Yes
  • Kitchen Area: Center Island, Separate Dining Area
  • Phone: 973-334-3341

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Barbeque, Gazebo, Patio, Storage Shed, Underground Lawn Sprinkler, FencVnyl
  • Pool: Yes
  • Pool Description: Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 108X115 5LT
  • Assessed Improvement Value: 296900
  • Assessed Land Value: 287000
  • Assessment: 583900
  • Easement: Unknown
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.29

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9187
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1146-06602-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.595
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 2, 2021
Sold by
Can Zafer and Can Munevver G
Bought by
Ospino Luis and Ospino Shirley
Seller's Agent
Armene Abbattista
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
KEVIN G. MARQUEZ
KELLER WILLIAMS PROSPERITY REALTY
List Price
$849,900
Sold Price
$860,000
Premium/Discount to List
$10,100
1.19%
Total Days on Market
7
Current Estimated Value
$1,109,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,770
Avg. Annual Appreciation
6.74%
Original Mortgage
$680,000
Outstanding Balance
$622,579
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$487,191

Purchase Details

Closed on
Jul 20, 2006
Sold by
Mah Harry
Bought by
Can Zafer and Can Munevver G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.67%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Mah Harry and Mah Lena L
Bought by
Mah Harry and Mah Lena Lee
Source: Public Records

Range of Values:

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Average Value
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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
Ospino Luis $860,000 River Edge Title Agency Llc
Can Zafer $625,000 --
Mah Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ospino-Delahoz Luis $110,000
Open Ospino Luis $680,000
Previous Owner Can Zafer $300,000
Previous Owner Can Zafer $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $860,000 +1.2% $364 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $849,900 -- $360 / 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 $11,931 $812,500 $361,700 $450,800
2023 $11,306 $777,800 $344,400 $433,400
2022 $11,306 $728,500 $321,600 $406,900
2021 $8,931 $583,900 $287,000 $296,900
2020 $9,187 $576,000 $282,700 $293,300
2019 $9,449 $509,100 $275,900 $233,200
2018 $9,332 $509,100 $275,900 $233,200
2017 $9,169 $509,100 $275,900 $233,200
2016 $8,919 $509,100 $275,900 $233,200
2015 $8,828 $509,100 $275,900 $233,200
2014 $8,751 $509,100 $275,900 $233,200
Source: Public Records

Agents Affiliated with this Home

  • Armene Abbattista

    Seller's Agent in 2021

    Armene Abbattista

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 303-3351

    2 in this area

    124 Total Sales

    Armene Abbattista
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    KEVIN G. MARQUEZ

    KELLER WILLIAMS PROSPERITY REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3721754

Garden State MLS

APN: 46-06602-0000-00017

New Jersey Bergen County Paramus 07652

514 Forest Ave, Paramus, NJ

This home is located at 514 Forest Ave, Paramus, NJ 07652 since 21 June 2021 and is currently estimated at $1,109,770, approximately $469 per square foot. This property was built in 1965. 514 Forest Ave is a home located in Bergen County with nearby schools including Paramus High School, David Gregory School, and Bergen Catholic High School.

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