NOT LISTED FOR SALE

55 Lake Dr W Wayne, NJ 07470

Estimated Value: $1,183,000 - $1,341,000

0.21 Acre
$5,859,692 Price per Acre
9,322 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $230,000 $118 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $8,418/month

35 Days on Market

About This Lot

As of January 2022

Lot with lake views all plans and approvals included to build 2790 sq ft house or plans to remodel existing log cabin

Last Agent to Sell the Property

Vito Contuzzi

Century 21 The Crossing Listed on: 12/01/2021

Century 21 The Crossing

Last Buyer's Agent

Outside Agent

Outside Office

Property Details

Property Type

  • Land

Lot Details

Outdoor Features

  • Lake Privileges

Listing and Financial Details

  • Legal Lot and Block 00001 / 01730

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Co List Office Phone: (973) 227-7000
  • MLS Status: Sold - Sold
  • Directions: Lake Drive West
  • PropertySubTypeAdditional: Sngl Fam
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Lake Privileges
  • Disclosures: Seller's Agent
  • Lot Improvements: None

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Block: 01730
  • Tax Lot: 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Mar 7, 2022
Sold by
Twins Investments Llc
Bought by
Ademi Advula and Ademi Dhurata
Seller's Agent
Vito Contuzzi
Century 21 The Crossing
Buyer's Agent
Outside Agent
Outside Office
List Price
$349,900
Sold Price
$230,000
Premium/Discount to List
-$119,900
-34.27%
Current Estimated Value
$1,253,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023,974
Avg. Annual Appreciation
52.64%

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 20, 2022
Sold by
Magno Management Properties Llc
Bought by
Twins Investments Llc
Seller's Agent
Vito Contuzzi
Century 21 The Crossing
Buyer's Agent
Outside Agent
Outside Office
List Price
$349,900
Sold Price
$230,000
Premium/Discount to List
-$119,900
-34.27%

Purchase Details

Listed on
May 29, 2021
Closed on
Jun 17, 2021
Sold by
Richards Dorothy E
Bought by
Magno Management Properties Llc
Seller's Agent
Maryam Altadouka
REALTY ONE GROUP LEGEND
Buyer's Agent
Maryam Altadouka
REALTY ONE GROUP LEGEND
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.52%

Purchase Details

Closed on
Jan 11, 1999
Sold by
Richards Dorothy E and Richards Ronald W
Bought by
Richards Dorothy E
Source: Public Records
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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
Ademi Advula -- Westcor Land Title
Ademi Advula -- Westcor Land Title
Twins Investments Llc $230,000 Westcor Land Title
Magno Management Properties Llc $275,000 Westcor Land Title Ins Co
Richards Dorothy E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $230,000 -34.3% $118 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $349,900 +27.2% $179 / Sq Ft
06/22/2021 06/22/21 Sold $275,000 -8.3% $141 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $299,900 -- $153 / Sq Ft
Source: New Jersey MLS

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 $22,803 $383,500 $112,100 $271,400
2024 $21,929 $383,500 $112,100 $271,400
Source: Public Records

Agents Affiliated with this Home

  • Vito Contuzzi

    Seller's Agent in 2022

    Vito Contuzzi

    Century 21 The Crossing

    (973) 652-9303

    2 in this area

    146 Total Sales

    Vito Contuzzi
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

  • Maryam Altadouka

    Seller's Agent in 2021

    Maryam Altadouka

    REALTY ONE GROUP LEGEND

    (862) 668-8145

    1 in this area

    49 Total Sales

    Maryam Altadouka
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 21046521

New Jersey MLS

APN: 14-01730-0000-00001

New Jersey Passaic County Wayne 07470

55 Lake Dr W, Wayne, NJ

Not Listed for Sale

Lots

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