NOT LISTED FOR SALE

56 Wallington Ave Wallington, NJ 07057

Estimated Value: $606,000 - $626,000

Studio
-- Bath
1,736 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $345,000 $199 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,708/month

106 Days on Market

About This Home

As of April 2019

This home is located at 56 Wallington Ave, Wallington, NJ 07057 since 18 November 2018 and is currently estimated at $617,098, approximately $355 per square foot. This property was built in 1873. 56 Wallington Ave is a home located in Bergen County with nearby schools including Wallington Jr Sr High School, Passaic Arts & Science Charter School, and Passaic Catholic Regional School.

Last Agent to Sell the Property

DAVID CILIENTO

MODERN REALTY GROUP Brokerage Phone: 201-933-3366 Listed on: 11/18/2018

Last Buyer's Agent

DAVID CILIENTO

MODERN REALTY GROUP Brokerage Phone: 201-933-3366 Listed on: 11/18/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1873

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Year Built: 1873
  • County Name: Bergen
  • I D: 4853382
  • Attribution Contact: 201-933-3366
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .057 AC
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2018
Closed on
Apr 10, 2019
Sold by
Sela Vezir
Bought by
Cifelli Michael
Seller's Agent
DAVID CILIENTO
MODERN REALTY GROUP
Buyer's Agent
DAVID CILIENTO
MODERN REALTY GROUP
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Current Estimated Value
$617,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,098
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Sep 29, 2005

Purchase Details

Closed on
Feb 17, 2004
Sold by
Timar Michael A
Bought by
Alvarez Marlith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,600
Interest Rate
5.62%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Drapala Louis
Bought by
Timar Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.77%
Mortgage Type
FHA
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
Cifelli Michael $345,000 --
-- -- --
Alvarez Marlith $279,500 --
Timar Michael $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Marlith $223,600
Previous Owner Timar Michael $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $345,000 -8.0% $199 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $375,000 -- $216 / 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 $6,152 $492,900 $186,000 $306,900
2024 $5,919 $180,900 $78,800 $102,100
2023 $5,796 $180,900 $78,800 $102,100
2022 $5,796 $180,900 $78,800 $102,100
2021 $5,697 $180,900 $78,800 $102,100
2020 $5,581 $180,900 $78,800 $102,100
2019 $5,403 $180,900 $78,800 $102,100
2018 $5,340 $180,900 $78,800 $102,100
2017 $5,273 $180,900 $78,800 $102,100
2016 $5,170 $180,900 $78,800 $102,100
2015 $4,949 $180,900 $78,800 $102,100
2014 $4,696 $180,900 $78,800 $102,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3516495

Garden State MLS

APN: 65-00015-0000-00030