NOT LISTED FOR SALE

517 Colfax Rd Wayne, NJ 07470

Estimated Value: $852,000 - $983,000

Studio
-- Bath
2,216 Sq Ft
$405/Sq Ft Est. Value

About This Home

This home is located at 517 Colfax Rd, Wayne, NJ 07470 and is currently estimated at $898,010, approximately $405 per square foot. 517 Colfax Rd is a home located in Passaic County with nearby schools including Pines Lake Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2025
Sold by
Green-Hoffman Meghan and Hoffman Nicholas
Bought by
Hoffman Nicholas
Current Estimated Value
$898,010

Purchase Details

Closed on
Feb 11, 2016
Sold by
Perrone Lori A and Bleeker Lori A
Bought by
Hoffman Nicholas and Green Hoffman Meghan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,647
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2007
Sold by
Giannetti Kevin and Giannetti Evelyn
Bought by
Perrone Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,625
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 12, 2002
Sold by
Gaeta Anthony
Bought by
Gianetti Kevin and Gianetti Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
6.16%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Argentieri Michael
Bought by
Gaeta Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
9.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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ICE

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First American

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Quantarium

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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
Hoffman Nicholas -- Fidelity National Title
Hoffman Nicholas $460,000 Old Republic Title Insurance
Perrone Lori A $677,500 --
Gianetti Kevin $554,000 --
Gaeta Anthony $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Nicholas $444,647
Previous Owner Perrone Lori A $226,625
Previous Owner Perrone Lori A $417,000
Previous Owner Gianetti Kevin $366,000
Previous Owner Gaeta Anthony $180,000
Source: Public Records

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 $14,984 $252,000 $110,400 $141,600
2024 $14,159 $252,000 $110,400 $141,600
Source: Public Records

Map

New Jersey Passaic County Wayne 07470

517 Colfax Rd, Wayne, NJ

Not Listed for Sale

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