NOT LISTED FOR SALE

516 Marion Ln Paramus, NJ 07652

Estimated Value: $1,160,000 - $4,011,000

6 Beds
4 Baths
3,804 Sq Ft
$518/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,185,000 $312 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $11,564/month

14 Days on Market

About This Home

As of September 2023

This home is located at 516 Marion Ln, Paramus, NJ 07652 since 14 June 2023 and is currently estimated at $1,971,114, approximately $518 per square foot. This property was built in 1963. 516 Marion Ln is a home located in Bergen County with nearby schools including Paramus High School and David Gregory School.

Last Agent to Sell the Property

LAURA GILL

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 201-445-4300 Listed on: 06/14/2023

Last Buyer's Agent

LAURA GILL

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 201-445-4300 Listed on: 06/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,358

Year Built

  • Built in 1963

Lot Details

  • 0.65 Acre Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,358

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • County Name: Bergen
  • Street Number Display: 516
  • I D: 5226941
  • Modified: 2024-09-30
  • Number Images: 1
  • Attribution Contact: 201-445-4300
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .65AC
  • Total Acres: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Sep 21, 2023
Sold by
Carletta Elizabeth and Carletta Ann
Bought by
516 Marion Llc
Seller's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
Buyer's Agent
LAURA GILL
KELLER WILLIAMS VILLAGE SQUARE
List Price
$899,000
Sold Price
$1,185,000
Premium/Discount to List
$286,000
31.81%
Views
108
Current Estimated Value
$1,971,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,114
Avg. Annual Appreciation
28.97%
Original Mortgage
$1,736,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2016
Sold by
Carletta Joseph R and Carletta Dorothy
Bought by
Carletta Joseph R and Carletta Dorothy N

Purchase Details

Closed on
Jan 1, 2007
Sold by
Sicari Vincenzo
Bought by
Mgs Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
516 Marion Llc $1,185,000 Sunnyside Title
Carletta Joseph R -- None Available
Mgs Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 516 Marion Llc $1,736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,185,000 +31.8% $312 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $899,000 -- $236 / 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
2025 $13,358 $935,300 $485,300 $450,000
2024 $12,180 $882,300 $448,800 $433,500
2023 $11,306 $794,000 $428,300 $365,700
2022 $11,556 $744,600 $399,000 $345,600
2021 $11,234 $679,200 $360,000 $319,200
2020 $10,702 $671,000 $355,000 $316,000
2019 $12,315 $663,500 $357,500 $306,000
2018 $12,162 $663,500 $357,500 $306,000
2017 $11,950 $663,500 $357,500 $306,000
2016 $11,625 $663,500 $357,500 $306,000
2015 $11,505 $663,500 $357,500 $306,000
2014 $11,406 $663,500 $357,500 $306,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    LAURA GILL

    KELLER WILLIAMS VILLAGE SQUARE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3849359

Garden State MLS

APN: 46-05607-0000-00009

New Jersey Bergen County Paramus 07652

516 Marion Ln, Paramus, NJ

This home is located at 516 Marion Ln, Paramus, NJ 07652 since 14 June 2023 and is currently estimated at $1,971,114, approximately $518 per square foot. This property was built in 1963. 516 Marion Ln is a home located in Bergen County with nearby schools including Paramus High School and David Gregory School.

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