NOT LISTED FOR SALE

525 Ramapo Ave Pompton Lakes, NJ 07442

Estimated Value: $574,000 - $707,000

3 Beds
2.5 Baths
2,010 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $470,000 $234 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,636/month

13 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Pompton Lakes High School Rated A-
  • Recreation Room
  • 1 Fireplace

About This Home

As of October 2020

Renovated Colonial with backyard oasis with in-ground pool & patio. The first floor features a formal living room with an electric fireplace, formal dining room & half bathroom. The renovated kitchen features granite countertops, SS appliances, and ample storage. The heated sunroom overlooks the back yard. The second floor features a renovated hall bath & 3 large bedrooms with ample closet space. The fully finished basement features a full bath & rec room. Home has been completely updated. Other amenities include crown molding, hardwood floors, new CAA, fenced yard, & new roof.

Last Agent to Sell the Property

Rod Lopez

COMPASS NEW JERSEY LLC Listed on: 07/29/2020

COMPASS NEW JERSEY LLC

Last Buyer's Agent

Rod Lopez

COMPASS NEW JERSEY LLC Listed on: 07/29/2020

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,759

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • 1 Fireplace
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Pool

  • In Ground Pool
  • Outdoor Pool
  • Pool Liner

Outdoor Features

  • Patio

Schools

  • Lincoln Elementary School
  • Lakeside Middle School
  • Pompton Lakes High School

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2509-08500-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,759

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 525
  • Directions: Hamburg Turnpike to Ramapo Avenue
  • I D: 5003042
  • Modified: 2021-10-03
  • Number Images: 19
  • First Name: ROD
  • First Name3: ROD
  • Last Name: LOPEZ
  • Last Name3: LOPEZ
  • Office Phone: 294294
  • Office Phone3: 294294
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Range/Oven-Gas
  • Number Rooms: 7
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Phone: 201-327-5050

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Patio, FencVnyl
  • Pool: Yes
  • Pool Description: In-Ground Pool, Liner, Outdoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 3
  • Parking Driveway Description: 2 Car Width, Additional Parking

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: POMPTON LAKES
  • Middle Jr High School: LAKESIDE

Lot Info

  • Lot Size: 0.19 AC
  • Assessed Improvement Value: 197800
  • Assessed Land Value: 122700
  • Assessment: 320500
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.19

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11759
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2509-08500-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.669
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: LINCOLN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 21, 2020
Sold by
Kitele Francisca
Bought by
Cetin Mustafa
Seller's Agent
Rod Lopez
COMPASS NEW JERSEY LLC
Buyer's Agent
Rod Lopez
COMPASS NEW JERSEY LLC
List Price
$435,000
Sold Price
$470,000
Premium/Discount to List
$35,000
8.05%
Current Estimated Value
$643,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,459
Avg. Annual Appreciation
6.71%
Original Mortgage
$457,875
Outstanding Balance
$410,920
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$232,539

Purchase Details

Closed on
Oct 13, 2003
Sold by
Lumley Nancy
Bought by
Kitelk Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
6.01%
Source: Public Records

Range of Values:

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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
Cetin Mustafa $470,000 Fortuna Title Bonj
Cetin Mustafa $470,000 Fortune Title
Kitelk Francisca $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cetin Mustafa $13,750
Open Cetin Mustafa $457,875
Closed Cetin Mustafa $457,875
Previous Owner Kitele Francisca $269,500
Previous Owner Kitelk Francisca $310,500
Previous Owner Lumley Nancy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $470,000 +8.0% $234 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $435,000 -- $216 / 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 $13,357 $348,300 $122,700 $225,600
2022 $13,256 $348,300 $122,700 $225,600
2021 $13,114 $348,300 $122,700 $225,600
2020 $12,041 $320,500 $122,700 $197,800
2019 $11,759 $320,500 $122,700 $197,800
2018 $11,554 $320,500 $122,700 $197,800
2017 $10,904 $156,800 $67,200 $89,600
2016 $10,785 $156,800 $67,200 $89,600
2015 $10,713 $156,800 $67,200 $89,600
2014 $10,402 $156,800 $67,200 $89,600
Source: Public Records

Agents Affiliated with this Home

  • Rod Lopez

    Seller's Agent in 2020

    Rod Lopez

    COMPASS NEW JERSEY LLC

    (201) 739-0613

    1 in this area

    72 Total Sales

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Map

Source: Garden State MLS

MLS Number: 3652065

Garden State MLS

APN: 09-08500-0000-00002

New Jersey Passaic County Pompton Lakes 07442

525 Ramapo Ave, Pompton Lakes, NJ

This home is located at 525 Ramapo Ave, Pompton Lakes, NJ 07442 since 29 July 2020 and is currently estimated at $646,342, approximately $321 per square foot. This property was built in 1930. 525 Ramapo Ave is a home located in Passaic County with nearby schools including Pompton Lakes High School and St Marys School.

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