NOT LISTED FOR SALE

547 Park Place Lyndhurst, NJ 07071

Estimated Value: $746,000 - $800,000

4 Beds
2 Baths
1,884 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $540,000 $287 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,311/month

17 Days on Market

Highlights

  • Outdoor Pool
  • Property is near public transit
  • Laundry Facilities
  • Views to the South
  • Main Floor Primary Bedroom
  • Rectangular Lot

About This Home

As of November 2020

Here's the home you've been waiting for - warmth and updates, with good income potential. As you approach this appealing two family you will notice the well maintained yard and exterior. The entry foyer welcomes you to the large, first floor unit whose sun room is lit by a lovely bay window. The adjacent living room leads to the updated and modern eat in kitchen. The stainless steel appliances will catch your eye and beckon your use! The first bedroom, off of the kitchen, has a lovely "California Closet" type system. The additional two bedrooms are down the hall, along with a full bathroom. The yard is an oasis - a beautiful trex deck leads to a lovely yard with additional patio. The second unit is just waiting for your design. It's two levels of living with hardwood floors and a new fctb.

Last Agent to Sell the Property

Kristen Davis

The Agency Rutherford Realty Inc. Listed on: 09/01/2020

The Agency Rutherford Realty Inc.

Last Buyer's Agent

Ivannia Ugalde

Keller Williams Team Realty

Keller Williams Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,600

Lot Details

  • 4,948 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Built between 1900 - 1939
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Views to the South
  • Outdoor Pool

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 023200210 00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,600

Lot Details

0

Listing Details

  • Property Short: 2-4
  • Sub-Style: 2 Family
  • Lifestyle: Close/Shopg, Close/Trans, 1st Flr Mbdrm, One Floor Living
  • Views/Exposure: South
  • Year Built: 1900-1939
  • Miscellaneous: Hdwd As In, Pool
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Rooms: 10
  • Fireplace: None
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Prt Finished
  • Laundry: Basement

Exterior Features

  • Pool: Yes
  • Waterfront: None
  • Exterior Finish: Vinyl

Garage/Parking

  • Garage: None, Park Space

Utilities

  • Heating: Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Cooling: Wall A/C

Lot Info

  • County Name: BERGEN
  • Locale: 300
  • Lot: 00026
  • Lot Dimensions: 33 x 150
  • Estimated Lot Sq Ft: 4948
  • Lot Description: Regular

Tax Info

  • Tax: 8600
  • Assessor Parcel Number: 023200210 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 18, 2020
Sold by
Merli John and Merli Claudia
Bought by
Torres Gabriela Sanchez
Seller's Agent
Kristen Davis
The Agency Rutherford Realty Inc.
Buyer's Agent
Ivannia Ugalde
Keller Williams Team Realty
List Price
$519,000
Sold Price
$540,000
Premium/Discount to List
$21,000
4.05%
Current Estimated Value
$769,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,552
Avg. Annual Appreciation
7.92%
Original Mortgage
$530,219
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1999
Sold by
Merli John and Merli Claudia
Bought by
Merli John and Merli Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.49%
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
Torres Gabriela Sanchez $540,000 All Ahead Title Agency Llc
Merli John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Gabriela Sanchez $530,219
Previous Owner Merli John $25,000
Previous Owner Merli John $3,072,026
Previous Owner Merli John $25,000
Previous Owner Merli John $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $540,000 +4.0% $287 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $519,000 -- $275 / 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
2024 $12,592 $626,400 $303,000 $323,400
2023 $9,221 $619,700 $300,000 $319,700
2022 $9,221 $290,700 $158,600 $132,100
2021 $8,813 $289,900 $158,600 $131,300
2020 $8,622 $289,900 $158,600 $131,300
2019 $8,558 $289,900 $158,600 $131,300
2018 $8,627 $289,900 $158,600 $131,300
2017 $8,410 $289,900 $158,600 $131,300
2016 $8,222 $289,900 $158,600 $131,300
2015 $7,964 $289,900 $158,600 $131,300
2014 $7,859 $289,900 $158,600 $131,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20037734

New Jersey MLS

APN: 32-00210-0000-00026