NOT LISTED FOR SALE

54 Colfax Rd Wayne, NJ 07470

Estimated Value: $458,585 - $532,000

2 Beds
1 Bath
840 Sq Ft
$604/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $325,000 $387 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,402/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Car Attached Garage
  • Albert P. Terhune Elementary School Rated A
  • Breakfast Room
  • Patio

About This Home

As of December 2020

Amazing opportunity~ Why rent when you can buy! Well maintained, incredible expansion possibilities. Large walk up attic, full basement to finish, generator, hardwood floors & beautiful property! Home features: Formal living room, charming kitchen w/ stainless steel appliances & breakfast room. 2 nice size bedrooms & full bathroom. Amazing opportunity for future expansion w/ full walk up attic, possibility for additional bedrooms/ bath. Full basement can also be finished for recreational room. Wonderful fenced in yard with patio. Home is well maintained & as~is condition due to estate, buyer responsible for CCO & fire inspections. 1 car garage w/ driveway & additional parking area. Convenient location. Top rated schools. Minutes to restaurants, shopping, major highways and NJ Transit Bus & Train Center.

Last Agent to Sell the Property

Karen Peters

COLDWELL BANKER REALTY Listed on: 10/13/2020

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,912

Year Built

  • Built in 1959

Lot Details

  • 5,227

Parking

  • 1 Car Attached Garage
  • Additional Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Breakfast Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Oil Below Ground
  • Standard Electricity

Additional Features

  • Patio
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2514-03610-0000-00020-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,912

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1959
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 54
  • Directions: Hamburg Tpk or Terhune Rd to Colfax Rd
  • I D: 5024239
  • Modified: 2021-12-24
  • Number Images: 19
  • First Name: KAREN
  • First Name3: UNKNOWN
  • Last Name: PETERS
  • Last Name3: AGENT
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Carbon Monoxide Detector, CookGas, Refrigerator, OvnWElec
  • Number Rooms: 5
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Breakfast Room, Kitchen, Living Room
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Patio
  • 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, Blacktop, Concrete Strip

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural, Oil Tank Below Ground
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: .115 AC
  • Assessed Improvement Value: 58700
  • Assessed Land Value: 84800
  • Assessment: 143500
  • Lot Identifier: 20
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7912
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-03610-0000-00020-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 5.514
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 23, 2020
Sold by
Petkovic Sladjana and Lane Lena E
Bought by
Prokop Keith Matthew and Fakhoury Georgina Ann
Seller's Agent
Karen Peters
COLDWELL BANKER REALTY
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%
Current Estimated Value
$507,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,396
Avg. Annual Appreciation
9.77%
Original Mortgage
$300,000
Outstanding Balance
$267,089
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$240,307
Source: Public Records

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
Prokop Keith Matthew $325,000 None Listed On Document
Prokop Keith Matthew $325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prokop Keith Matthew $300,000
Closed Prokop Keith Matthew $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $325,000 +1.9% $387 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $319,000 -- $380 / 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 $8,533 $143,500 $84,800 $58,700
2024 $8,205 $143,500 $84,800 $58,700
2022 $8,113 $143,500 $84,800 $58,700
2021 $8,105 $143,500 $84,800 $58,700
2020 $8,069 $143,500 $84,800 $58,700
2019 $7,913 $143,500 $84,800 $58,700
2018 $7,842 $143,500 $84,800 $58,700
2017 $7,771 $143,500 $84,800 $58,700
2016 $7,661 $143,500 $84,800 $58,700
2015 $7,570 $143,500 $84,800 $58,700
2014 $7,356 $143,500 $84,800 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3671496

Garden State MLS

APN: 14-03610-0000-00020