NOT LISTED FOR SALE

54 Park Terrace Unit 56 Caldwell, NJ 07006

Estimated Value: $723,000 - $838,000

4 Beds
2 Baths
2,205 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $515,000 $234 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,411/month

61 Days on Market

About This Home

As of December 2021

Come see this side-by-side duplex located on a quiet dead end street! Both units have 2 bedrooms and 1 full bath. Walk into the open floorplan living room/dining room. Both units are separately metered for water, electric, and gas. Perfect for an investment property or for extended family!

Last Agent to Sell the Property

Adam Sperber

Christie's International Real Estate Group-Paramus Listed on: 07/28/2021

Last Buyer's Agent

Adam Sperber

Christie's International Real Estate Group-Paramus Listed on: 07/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,751

Lot Details

  • 0.25

Home Design

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry in Basement
  • 0.25 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 00011 / 00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,751

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement
  • Co List Office Phone: (201) 343-6640
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Architectural Style: 2 Family
  • Year Built Details: 1960's,Build Prior to 1978
  • PropertySubTypeAdditional: Sde/Sde
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Remarks: Laundry/Utilities

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 11025.0

Tax Info

  • Tax Annual Amount: 13751.0
  • Tax Block: 00041
  • Tax Lot: 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Dec 19, 2021
Sold by
Dougherty Mary Ellen and Kennedy Ryan M
Bought by
Schreck Brandon
Seller's Agent
Adam Sperber
Christie's International Real Estate Group-Paramus
Buyer's Agent
Adam Sperber
Christie's International Real Estate Group-Paramus
List Price
$599,900
Sold Price
$515,000
Premium/Discount to List
-$84,900
-14.15%
Current Estimated Value
$771,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,115
Avg. Annual Appreciation
12.23%
Original Mortgage
$393,750
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1995
Sold by
Booth Catherine
Bought by
Dougherty Mary Ellen
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
Schreck Brandon $525,000 Evident Title
Dougherty Mary Ellen $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreck Brandon $487,500
Closed Schreck Brandon $393,750
Previous Owner Dougherty Mary Ellen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $515,000 -14.2% $234 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $599,900 -- $272 / 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
2025 $14,266 $459,900 $264,300 $195,600
2024 $14,266 $459,900 $264,300 $195,600
2022 $14,831 $490,600 $264,300 $226,300
2021 $14,119 $490,600 $264,300 $226,300
2020 $13,752 $490,600 $264,300 $226,300
2019 $13,688 $490,600 $264,300 $226,300
2018 $13,330 $490,600 $264,300 $226,300
2017 $13,060 $490,600 $264,300 $226,300
2016 $12,679 $467,500 $290,000 $177,500
2015 $12,094 $467,500 $290,000 $177,500
2014 $11,328 $467,500 $290,000 $177,500
Source: Public Records

Agents Affiliated with this Home

  • Adam Sperber

    Seller's Agent in 2021

    Adam Sperber

    Christie's International Real Estate Group-Paramus

    (201) 410-8680

    1 in this area

    62 Total Sales

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Map

Source: New Jersey MLS

MLS Number: 21031930

New Jersey MLS

APN: 03-00041-0000-00011-11

New Jersey Essex County Caldwell 07006

54 Park Terrace Unit 56, Caldwell, NJ

This home is located at 54 Park Terrace Unit 56, Caldwell, NJ 07006 since 28 July 2021 and is currently estimated at $781,211, approximately $354 per square foot. 54 Park Terrace Unit 56 is a home located in Essex County with nearby schools including James Caldwell High School, Trinity Academy, and Essex Valley 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.

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

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