NOT LISTED FOR SALE

540 Lake Shore Dr Hewitt, NJ 07421

Estimated Value: $338,000 - $425,000

2 Beds
2 Baths
1,138 Sq Ft
$337/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $67,000 $59 Per Sq Ft

Est. 473% increase in value since last sale

Current estimated payment $2,837/month

169 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Living Room
  • Ranch Style House
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of January 2016

Ranch style home located on a very nice size lot and level. This home will require a total rehab including a new septic. Seller will only consider cash or a home renovation loan. There is no heating system and there will be no power. Buyer is responsible for all inspections, permits, repairs and CO. Buyer is responsible for well water testing.This home is part of the seller's First Look Initiative program which means they will only entertain offers from an owner occupant during the first 20 days of the listing. Seller will entertain investor offers on 07/28 if still available.

Last Agent to Sell the Property

Don Fanelli

COLDWELL BANKER REALTY Listed on: 07/07/2015

COLDWELL BANKER REALTY

Last Buyer's Agent

HEATHER SPARANO

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.44 Acre Lot
  • Level Lot

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Aluminum Siding

Interior Spaces

  • 1,138 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Well
  • Oil Water Heater
  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 2515-01908-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Passaic
  • Street Number Display: 540
  • Directions: 2nd Lakeshore Drive
  • I D: 4550647
  • Modified: 2021-09-23
  • Number Images: 8
  • Section Subdiv Development: Hewitt
  • First Name: DONALD
  • First Name3: HEATHER
  • Last Name: FANELLI
  • Last Name3: SPARANO
  • Office Phone: 973-694-8000
  • Office Phone3: 973.694.8000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished, Full
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Living Room, Bath Main, Kitchen, Bath(s) Other, Dining Room
  • Estimated Sq Ft: 1138
  • Phone: 973-694-8000

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Wall A/C Unit(s)
  • Fuel Type: OilAbIn
  • Sewer: Cesspool
  • Water: Well
  • Water Heater: Oil

Condo/Co-op/Association

  • Association Maintenance Fee: 187
  • Association Maintenance Fee Frequency: Annually

Lot Info

  • Lot Size: .438 AC
  • Assessed Improvement Value: 135100
  • Assessed Land Value: 79700
  • Assessment: 214800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7683
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2515-01908-0000-00002-0000-
  • Tax Rate Amount: 3.577
  • Tax Rate Tax: *
  • Tax Rate Year: 2014
  • Tax Year Tax: *
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2015
Closed on
Dec 30, 2015
Sold by
Federal National Mortgage Association
Bought by
Mcgrath John
Seller's Agent
Don Fanelli
COLDWELL BANKER REALTY
Buyer's Agent
HEATHER SPARANO
COLDWELL BANKER REALTY
List Price
$69,563
Sold Price
$67,000
Premium/Discount to List
-$2,563
-3.68%
Current Estimated Value
$383,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,950
Avg. Annual Appreciation
19.77%

Purchase Details

Closed on
Feb 23, 2015
Sold by
Berdnik Richard H
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 15, 1999
Sold by
Miller Jennifer
Bought by
Bocchiaro James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.78%

Purchase Details

Closed on
Nov 28, 1994
Sold by
Thomas Hermine
Bought by
Miller Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.23%
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
Mcgrath John $67,000 Fidelity National Title Insu
Federal Home Loan Mortgage Corporation -- None Available
Bocchiaro James F $126,000 --
Miller Jennifer $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bocchiaro James E $190,000
Previous Owner Bocchiaro James E $33,000
Previous Owner Bocchiaro James F $119,700
Previous Owner Miller Jennifer $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2016 01/12/16 Sold $67,000 -3.7% $59 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $69,563 -- $61 / 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 $8,753 $214,800 $79,700 $135,100
2022 $8,308 $214,800 $79,700 $135,100
2021 $8,130 $214,800 $79,700 $135,100
2020 $8,044 $214,800 $79,700 $135,100
2019 $7,937 $214,800 $79,700 $135,100
2018 $7,918 $214,800 $79,700 $135,100
2017 $7,954 $214,800 $79,700 $135,100
2016 $7,967 $214,800 $79,700 $135,100
2015 $7,875 $214,800 $79,700 $135,100
2014 $7,683 $214,800 $79,700 $135,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Fanelli

    COLDWELL BANKER REALTY

    (973) 632-1449

    43 Total Sales

    Don Fanelli
    Section Image

  • H

    Buyer's Agent in 2016

    HEATHER SPARANO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3237067

Garden State MLS

APN: 15-01908-0000-00002

New Jersey Passaic County Hewitt 07421

540 Lake Shore Dr, Hewitt, NJ

This home is located at 540 Lake Shore Dr, Hewitt, NJ 07421 since 07 July 2015 and is currently estimated at $383,950, approximately $337 per square foot. This property was built in 1948. 540 Lake Shore Dr is a home located in Passaic County with nearby schools including Macopin Middle School and West Milford High School.

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