NOT LISTED FOR SALE

56 Princeton Place Wayne, NJ 07470

Estimated Value: $507,000 - $547,000

2 Beds
3 Baths
1,653 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $416,000 $252 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,636/month

14 Days on Market

About This Home

As of June 2023

This home is located at 56 Princeton Place, Wayne, NJ 07470 since 06 April 2023 and is currently estimated at $527,361, approximately $319 per square foot. 56 Princeton Place is a home located in Passaic County with nearby schools including Pines Lake Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

Lisa Motisi

RE/MAX NEIGHBORHOOD PROPERTIES Brokerage Phone: 973-334-3341 Listed on: 04/06/2023

RE/MAX NEIGHBORHOOD PROPERTIES

Last Buyer's Agent

Karen Peters

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,078

Lot Details

  • 1,742 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,078

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 56
  • I D: 5213134
  • Modified: 2024-07-01
  • Number Images: 1
  • Attribution Contact: 973-334-3341
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .040 AC
  • Total Acres: 0.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jun 17, 2023
Sold by
Mukherjee Chayan and Mukherjee Lipika
Bought by
Penna Kyle
Seller's Agent
Lisa Motisi
RE/MAX NEIGHBORHOOD PROPERTIES
Buyer's Agent
Karen Peters
COLDWELL BANKER REALTY
List Price
$390,000
Sold Price
$416,000
Premium/Discount to List
$26,000
6.67%
Views
10
Current Estimated Value
$527,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,361
Avg. Annual Appreciation
11.07%
Original Mortgage
$374,400
Outstanding Balance
$364,389
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$162,972

Purchase Details

Closed on
Aug 4, 2000
Sold by
Jones Kenneth R and Jones Lidia
Bought by
Mukherjee Chayan and Mukherjee Lipika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Penna Kyle $416,000 Fidelity National Title
Penna Kyle $416,000 Fidelity National Title
Mukherjee Chayan $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penna Kyle $374,400
Closed Penna Kyle $374,400
Previous Owner Mukherjee Chayan $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $416,000 +6.7% $252 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $390,000 -- $236 / 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 $10,078 $169,500 $50,000 $119,500
2024 $9,692 $169,500 $50,000 $119,500
2022 $9,584 $169,500 $50,000 $119,500
2021 $9,573 $169,500 $50,000 $119,500
2020 $9,531 $169,500 $50,000 $119,500
2019 $9,346 $169,500 $50,000 $119,500
2018 $9,263 $169,500 $50,000 $119,500
2017 $9,178 $169,500 $50,000 $119,500
2016 $9,050 $169,500 $50,000 $119,500
2015 $8,941 $169,500 $50,000 $119,500
2014 $8,689 $169,500 $50,000 $119,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Motisi

    Seller's Agent in 2023

    Lisa Motisi

    RE/MAX

    (973) 477-9877

    1 in this area

    39 Total Sales

    Lisa Motisi
    Section Image
  • Karen Peters

    Buyer's Agent in 2023

    Karen Peters

    COLDWELL BANKER REALTY

    (862) 400-2933

    116 in this area

    541 Total Sales

    Karen Peters
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3836937

Garden State MLS

APN: 14-03510-0000-00015

New Jersey Passaic County Wayne 07470

56 Princeton Place, Wayne, NJ

This home is located at 56 Princeton Place, Wayne, NJ 07470 since 06 April 2023 and is currently estimated at $527,361, approximately $319 per square foot. 56 Princeton Place is a home located in Passaic County with nearby schools including Pines Lake Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

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