542 Otto Place Paramus, NJ 07652
Estimated Value: $973,000 - $1,180,000
4
Beds
3
Baths
2,560
Sq Ft
$425/Sq Ft
Est. Value
About This Home
This home is located at 542 Otto Place, Paramus, NJ 07652 and is currently estimated at $1,086,863, approximately $424 per square foot. 542 Otto Place is a home located in Bergen County with nearby schools including Paramus High School, Alpine Learning Group, and Paramus Catholic High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 26, 2018
Sold by
Rotella Paul S
Bought by
Li Jiayong and Luo Yuxing
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.7%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Li Jiayong | $630,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Luo Yuxing | $498,000 | |
Closed | Li Jiayong | $504,000 | |
Previous Owner | Rotella Jean C | $930,000 | |
Previous Owner | Rotella Jean C | $359,700 | |
Previous Owner | Rotella Jean C | $75,000 | |
Previous Owner | Rotella Jean C | $350,000 | |
Previous Owner | Rotella Rudolph T | $200,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,358 | $832,900 | $448,500 | $384,400 |
2024 | $11,163 | $750,200 | $387,600 | $362,600 |
2023 | $10,521 | $727,700 | $369,600 | $358,100 |
2022 | $10,521 | $677,900 | $345,100 | $332,800 |
2021 | $10,172 | $615,000 | $314,200 | $300,800 |
2020 | $10,790 | $676,500 | $319,200 | $357,300 |
2019 | $10,692 | $576,100 | $311,100 | $265,000 |
2018 | $10,560 | $576,100 | $311,100 | $265,000 |
2017 | $10,376 | $576,100 | $311,100 | $265,000 |
2016 | $10,093 | $576,100 | $311,100 | $265,000 |
2015 | $9,990 | $576,100 | $311,100 | $265,000 |
2014 | $9,903 | $576,100 | $311,100 | $265,000 |
Source: Public Records
Map
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