NOT LISTED FOR SALE

52 Colonial Rd Wayne, NJ 07470

Preakness Neighborhood

Estimated Value: $859,653 - $933,000

2.28 Acres
$388,229 Price per Acre
99,317 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $860,000 $517 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,248/month

71 Days on Market

About This Lot

As of March 2024

Wonderful opportunity to subdivide the property into 3 or 4 single family lots each approx. 15,000 SF. Attention Builders and investors buy this today! Amazing opportunity in a desirable location to build million dollar homes. 2.28 acre of level property, perfect for cul-de-sac subdivision. Property survey, appraisal and cul-de-sac plans available. Buyer responsible for due diligence and subdivision approval. In 1980 approved and installed lines for gas, sewer, water and storm on property. All structures including home on the property are being sold as in condition. Wonderful location. Top rated school systems. Minutes to restaurants, shopping, NJ Bus and Train Center, & major highways.

Last Listed By

Bruce Elia

Keller Williams City Views Realty Listed on: 12/20/2023

Keller Williams City Views Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,718

Year Built

  • 1953

Lot Details

Listing and Financial Details

  • Legal Lot and Block 00037 / 01105

Property Details

Property Type

Land

Est. Annual Taxes

$15,718

Year Built

1953

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Mls Id: 280001
  • Co List Office Phone: (201) 592-8900
  • MLS Status: Sold - Sold
  • Directions: Preakness Ave to Colonial Rd
  • PropertySubTypeAdditional: Sngl Fam
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1953

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Lot Improvements: O/See Remk,Subdividable

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 15718.0
  • Tax Block: 01105
  • Tax Lot: 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2023
Closed on
Mar 27, 2024
Sold by
Kooistra Llc
Bought by
Colonial Estate Llc
Seller's Agent
Bruce Elia
Keller Williams City Views Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$848,888
Sold Price
$860,000
Premium/Discount to List
$11,112
1.31%
Total Days on Market
71
Views
68
Current Estimated Value
$885,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,163
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Sep 8, 2023
Sold by
Kooistra David
Bought by
Kooistra Llc

Purchase Details

Closed on
Mar 7, 2016
Sold by
Kooistra Doris and Kooistra David
Bought by
Kooistra Doris and Kooistra David

Purchase Details

Closed on
Mar 30, 2006
Sold by
Kooistra Albert F
Bought by
Kooistra Albert F and Kooistra Doris

Range of Values:

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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
Colonial Estate Llc $860,000 Stewart Title
Kooistra Llc -- None Listed On Document
Kooistra Doris -- None Available
Kooistra Albert F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $860,000 +1.3% $517 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $848,888 -- $510 / 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 $16,079 $281,200 $178,500 $102,700
2022 $15,735 $278,300 $178,500 $99,800
2021 $15,718 $278,300 $178,500 $99,800
2020 $15,649 $278,300 $178,500 $99,800
2019 $15,345 $278,300 $178,500 $99,800
2018 $15,209 $278,300 $178,500 $99,800
2017 $15,070 $278,300 $178,500 $99,800
2016 $14,608 $278,300 $178,500 $99,800
2015 $14,430 $278,300 $178,500 $99,800
2014 $14,016 $278,300 $178,500 $99,800
Source: Public Records

Agents Affiliated with this Home

  • Bruce Elia

    Seller's Agent in 2024

    Bruce Elia

    Keller Williams City Views Realty

    (201) 917-5884

    1 in this area

    70 Total Sales

    Bruce Elia
    Section Image
  • John Kallback

    Seller Co-Listing Agent in 2024

    John Kallback

    Keller Williams City Views Realty 3 Group

    (973) 349-9218

    1 in this area

    11 Total Sales

    John Kallback
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23037855

New Jersey MLS

APN: 14-01105-0000-00037

New Jersey Passaic County Wayne 07470 Preakness

52 Colonial Rd, Wayne, NJ

Homes for Sale in Wayne, NJ

This home is located at 52 Colonial Rd, Wayne, NJ 07470 since 20 December 2023 and is currently estimated at $885,163, approximately $531 per square foot. This property was built in 1953. 52 Colonial Rd is a home located in Passaic County with nearby schools including Lafayette Elementary School, Anthony Wayne Middle School, and Wayne Valley High 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.

New Jersey MLS The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

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

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