NOT LISTED FOR SALE

56 Forest Rd Demarest, NJ 07627

Estimated Value: $1,083,571 - $1,293,000

5 Beds
3 Baths
1,569 Sq Ft
$741/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $975,000 $621 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,313/month

30 Days on Market

About This Home

As of December 2023

This home is located at 56 Forest Rd, Demarest, NJ 07627 since 27 September 2023 and is currently estimated at $1,161,893, approximately $740 per square foot. This property was built in 1942. 56 Forest Rd is a home located in Bergen County with nearby schools including County Road Elementary School, Demarest Middle School, and Luther Lee Emerson Elementary School.

Last Agent to Sell the Property

Valerie Tramontozzi

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 09/27/2023

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

ORLY CHEN

RE/MAX PROPERTIES PLUS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 8,712 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • County Name: Bergen
  • I D: 5247342
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 0.197AC
  • Total Acres: 0.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Dec 6, 2023
Sold by
Jonas Grant K and Jonas Maryanne T
Bought by
Tennenbaum David and Harel Miriam
Seller's Agent
Valerie Tramontozzi
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
ORLY CHEN
RE/MAX PROPERTIES PLUS
List Price
$1,095,000
Sold Price
$975,000
Premium/Discount to List
-$120,000
-10.96%
Views
160
Current Estimated Value
$1,161,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,893
Avg. Annual Appreciation
8.89%
Original Mortgage
$731,250
Outstanding Balance
$718,446
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$443,447

Purchase Details

Closed on
Jul 3, 2000
Sold by
Gottilla Dennis K and Gottilla Judith M
Bought by
Jonas Grant K and Jonas Maryanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Tennenbaum David $975,000 Main Street Title
Jonas Grant K $442,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennenbaum David $731,250
Previous Owner Jonas Grant K $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $975,000 -6.3% $621 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $1,040,000 -5.0% $663 / Sq Ft
09/27/2023 09/27/23 For Sale $1,095,000 -- $698 / 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
2025 $14,845 $849,400 $543,400 $306,000
2024 $14,170 $485,600 $360,400 $125,200
Source: Public Records

Agents Affiliated with this Home

  • Valerie Tramontozzi

    Seller's Agent in 2023

    Valerie Tramontozzi

    KELLER WILLIAMS PROSPERITY REALTY

    (201) 788-7916

    1 in this area

    143 Total Sales

    Valerie Tramontozzi
    Section Image

  • O

    Buyer's Agent in 2023

    ORLY CHEN

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3866925

Garden State MLS

APN: 09-00082-04-00002

New Jersey Bergen County Demarest 07627

56 Forest Rd, Demarest, NJ

Not Listed for Sale

Detached

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